Toyota Auris for sale in Mumbai (India)

Are you in the market to buy (or sell) a Toyota Auris in Mumbai? Vehiclus analyzed the used auto market of all cities in India to establish a pricing profile of various Toyota models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your Auris (or to make sure to not be ripped off when purchasing a Toyota Auris) it is very recommended to understand all price-establishing variables.

Supply and Demand of Toyota Auris on the local car market

Mumbai is a metropolitan area with 12691836 inhabitants. Nevertheless, there are usually not many Toyota Auris available on the market. That's why the supply is little and the demand depends on a multitude of factors such as maintenance costs, mileage, and used car pricing.

Price Devaluation Curve of the Auris in Mumbai

As pictured below, cars of the manufacturer Toyota and specially of the model Auris devaluate in a very customary process. The mean asking price of the Auris will be lowered by up to 14% ($15,481) after just 1 year. After three years, the car usually costs only 60% of its original asking price ($11,142) while it will only be valued at 31% of the MSRP after 7 years ($5,010). The Auris's value after 12 years is only 10% of its first price depending on its condition of course.

Depreciation according to mileage

Another way to describe vehicle depreciation is to study the loss of value vs miles driven. The Toyota Auris depreciation curve below illustrates this phenomenon for the city of Mumbai. The Auris looses most of its resell price (~ 50%) within the first 20,000miles (30,000km) of its mileage. The average price for a Auris at that mileage is approximately $9,938. After that the devaluation plateaus: at 90k kilometers the Toyota Auris is priced for $5,779 in Mumbai and for $2,864 at 180k kilometers driven.

Toyota Auris price depending on condition (fair, good, excellent)

The last factor that significantly determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Toyota Auris according to its year and its condition.

Vehicle Year	Toyota Auris Condition
	fair	good	excellent
2017	$15,569	$16,653	$17,736
2016	$13,692	$14,645	$15,597
2015	$11,947	$12,779	$13,610
2014	$10,336	$11,055	$11,774
2013	$8,858	$9,474	$10,090
2012	$7,513	$8,035	$8,558
2011	$6,301	$6,739	$7,178
2010	$5,222	$5,585	$5,949
2009	$4,277	$4,574	$4,872
2008	$3,464	$3,705	$3,946
2007	$2,785	$2,979	$3,173
2006	$2,239	$2,395	$2,551
2005	$1,826	$1,953	$2,080
2004	$1,547	$1,654	$1,762
2003	$1,400	$1,498	$1,595
2002	$1,387	$1,483	$1,580