Suzuki Ignis in Mumbai

Suzuki Ignis for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Suzuki Ignis in Mumbai? Vehiclus analyzed the local used car market of all cities in India to establish a pricing profile of various Suzuki models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your Ignis (or to be certain to not be overcharged when purchasing a Suzuki Ignis) it is useful to understand most value-determining factors.

Supply and Demand of Suzuki Ignis on the local vehicle market

Mumbai is a town with a population of 12691836 people. However, there are usually not many Suzuki Ignis available on the market. Therefore, the supply is low and the demand depends on a multitude of parameters such as car model reputation, brand popularity, and brand competetivness.

Price Devaluation Curve of the Ignis in Mumbai

As seen below, cars of the manufacturer Suzuki and specially of the model Ignis devaluate in a very standard process. The average asking price of the Ignis will be decreased by up to 13% ($18,680) after just one year. After 3 years, the car typically goes for only 62% of its original selling price ($13,335) while it will only be worth 29% of the MSRP after 7 years ($6,222). The Ignis's value after twelve years is only 10% of its original price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to quantify vehicle depreciation is to look at the loss of value over miles driven. The Suzuki Ignis depreciation curve below illustrates this phenomenon for Mumbai. The Ignis looses most of its value (~ 46%) within the first 30,000km of its mileage. The mean price for a Ignis at that mileage is ca $11,995. After that the depreciation plateaus: at 90,000km the Suzuki Ignis is valued for $6,866 in Mumbai and for $3,635 at 180k kilometers of mileage.

Suzuki Ignis price depending on condition (fair, good, excellent)

The last parameter that heavily impacts the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Suzuki Ignis according to its year and its condition.

Vehicle Year Suzuki Ignis Condition
fair good excellent
2017$18,996$20,194$21,393
2016$16,705$17,759$18,813
2015$14,576$15,496$16,416
2014$12,610$13,406$14,202
2013$10,807$11,489$12,171
2012$9,166$9,744$10,323
2011$7,687$8,173$8,658
2010$6,371$6,773$7,175
2009$5,218$5,547$5,876
2008$4,227$4,493$4,760
2007$3,398$3,613$3,827
2006$2,732$2,904$3,077
2005$2,228$2,369$2,510
2004$1,887$2,006$2,125
2003$1,708$1,816$1,924
2002$1,692$1,799$1,906

Enter vehicle make, model and city of interest:


Nissan
Pulsar
starting at
$7,007
in UEskuedar (TR)
Audi
Q7
starting at
$18,410
in Al Fallujah (IQ)
BMW
523i
starting at
$18,593
in Votkinsk (RU)
Suzuki Ignis variations:
IGNIS 1.5L 4X4
IGNIS 5P 1.3L BVA
IGNIS 3P
IGNIS 5P 1.3L GL 4X4
IGNIS 1.3L VVT
IGNIS 1.3L DDIS
IGNIS 5P