Toyota iQ in Mumbai

Toyota iQ for sale in Mumbai (India)

Are you currently in the market to buy (or sell) a Toyota iQ in Mumbai? Vehiclus studied the local used car market of all metropolitan areas in India to determine a pricing profile of various Toyota models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your profits when selling your iQ (or to make sure to not be overcharged when purchasing a Toyota iQ) it is useful to know most value-determining factors.

Supply and Demand of Toyota iQ on the local vehicle market

Mumbai is a city with a current population of 12691836 people. Nevertheless, it is hard to find more than three Toyota iQ on the market there. That's why the supply is little and the demand depends on a multitude of parameters for example brand reputation, mileage, and reliability.

Price Devaluation Curve of the iQ in Mumbai

As pictured below, cars of the make Toyota and specially of the model iQ loose their value in a very customary process. The average value of the iQ will be decreased by 13% ($25,516) after just 1 year. After three years, the car typically costs only 61% of its original asking price ($18,309) while it will only be priced at 29% of the MSRP after 7 years ($7,977). The iQ's value after twelve years is only 10% of its original price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to analyze vehicle depreciation is to examine the decrease of value vs mileage. The Toyota iQ depreciation curve below illustrates this phenomenon for the city of Mumbai. The iQ looses most of its value (~ 45%) within the first 30k kilometers of its mileage. The mean price for a iQ at that usage level is ca $16,530. After that the devaluation plateaus: at 90k km the Toyota iQ is sold for $9,612 in Mumbai and for $4,499 at 180k km of mileage.

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

The last parameter that heavily effects the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Toyota iQ according to its year and its condition.

Vehicle Year Toyota iQ Condition
fair good excellent
2017$19,884$24,321$28,758
2016$17,486$21,387$25,289
2015$15,258$18,662$22,067
2014$13,200$16,145$19,091
2013$11,312$13,836$16,361
2012$9,594$11,735$13,876
2011$8,047$9,842$11,638
2010$6,669$8,157$9,646
2009$5,462$6,680$7,899
2008$4,424$5,412$6,399
2007$3,557$4,351$5,144
2006$2,860$3,498$4,136
2005$2,332$2,853$3,374
2004$1,975$2,416$2,857
2003$1,788$2,187$2,587
2002$1,771$2,167$2,562

Enter vehicle make, model and city of interest:


Lancia
Phedra
starting at
$9,855
in Yangon (MM)
Mercedes
R-Class
starting at
$22,619
in Sorocaba (BR)
Honda
Accord
starting at
$7,365
in Portsmouth (GB)
Toyota iQ variations:
iQ 100 VVT-i MultiDrive
iQ 90 D-4D FAP
iQ 68 VVT-i MultiDrive
iQ 100 VVT-i Stop & Start
iQ 68 VVT-i