Volvo C70 for sale in Mumbai (India)

Are you in the market to buy (or sell) a Volvo C70 in Mumbai? Vehiclus analyzed the used car market of all cities in India to establish a pricing profile of various Volvo models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your C70 (or to make sure to not be overcharged when buying a Volvo C70) it is of value to learn all price-determining factors.

Supply and Demand of Volvo C70 on the local auto market

Mumbai is a metropolitan area with 12691836 inhabitants. However, it is hard to find more than five Volvo C70 on the local car market there. That's why the supply is low and the demand depends on various of parameters e.g. season, brand popularity, and reliability.

Price Devaluation Curve of the C70 in Mumbai

As illustrated in the figure below, cars of the car manufacturer Volvo and specially of their model C70 loose their value in a very standard manner. The mean selling price of the C70 will be lowered by up to 13% ($47,045) after only 1 year. After three years, the car typically goes for only 62% of its original selling price ($34,617) while it will only be valued at 30% of the MSRP after 7 years ($15,313). The C70's value after twelve years is only 12% of its initial price depending on its condition of course.

Depreciation according to mileage

Another way to quantify vehicle depreciation is to look at the loss of value over miles driven. The Volvo C70 depreciation curve below describes this phenomenon for the city of Mumbai. The C70 looses most of its resell price (approximately 45%) within the first 30k kilometers of its mileage. The typical price for a C70 at that mileage is ca $30,130. After that the depreciation plateaus: at 90,000km the Volvo C70 is valued for $18,248 in Mumbai and for $8,765 at 180k km .

Volvo C70 price depending on condition (fair, good, excellent)

The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Volvo C70 according to its year and its condition.

Vehicle Year	Volvo C70 Condition
	fair	good	excellent
2017	$41,448	$47,791	$54,133
2016	$36,449	$42,027	$47,605
2015	$31,805	$36,672	$41,540
2014	$27,516	$31,726	$35,937
2013	$23,581	$27,189	$30,798
2012	$20,000	$23,061	$26,121
2011	$16,774	$19,341	$21,908
2010	$13,902	$16,030	$18,157
2009	$11,385	$13,128	$14,870
2008	$9,223	$10,634	$12,046
2007	$7,415	$8,550	$9,684
2006	$5,961	$6,874	$7,786
2005	$4,862	$5,607	$6,351
2004	$4,118	$4,748	$5,379
2003	$3,728	$4,299	$4,869
2002	$3,693	$4,258	$4,823