Are you looking to buy (or sell) a Suzuki Liana in Mumbai? Vehiclus analyzed the used car market of all cities in India to determine a pricing profile of various Suzuki models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Liana (or to be certain to not be ripped off when purchasing a Suzuki Liana) it is a good idea to learn all value-determining variables.
Mumbai is a city with 12691836 inhabitants. Nevertheless, it is hard to find more than a dozen Suzuki Liana on the used car market at the same time. Therefore, the supply is little and the demand depends on a multitude of factors such as maintenance costs, mileage, and reliability.
As seen below, cars of the make Suzuki and especially of their model Liana loose their value in a very standard manner. The average selling price of the Liana will be decreased by 14% ($21,973) after only 1 year. After three years, the car usually goes for only 62% of its original asking price ($16,224) while it will only be worth 27% of the original price after 7 years ($6,669). The Liana's value after 12 years is only 12% of its first price depending on its condition of course.
Another way to analyze car depreciation is to examine the decrease of value over mileage. The Suzuki Liana depreciation curve below shows this phenomenon for Mumbai. The Liana looses most of its value (~ 46%) within the first 30k kilometers driven. The average price for a Liana at that usage level is $14,020. After that the devaluation plateaus: at 90k km the Suzuki Liana is priced for $8,528 in Mumbai and for $3,591 at 180k km .
The last factor that heavily influences the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Suzuki Liana according to its year and its condition.
|Vehicle Year||Suzuki Liana Condition|
|Suzuki Liana variations:|
|LIANA 1.6L 4WD|