Are you currently in the market to buy (or sell) a BMW 520i in Nagpur? Vehiclus surveyed the used car market of all towns in India to establish a pricing profile of various BMW models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your 520i (or to make sure to not overpay when purchasing a BMW 520i) it is recommended to learn most value-determining factors.
Nagpur is a town with 2228018 inhabitants. However, there are not many BMW 520i on the market. Therefore, the supply is low and the demand depends on a multitude of factors for example maintenance costs, brand popularity, and reliability.
As described in the figure below, cars of the car manufacturer BMW and specially of their model 520i devaluate in a very normal fashion. The average selling price of the 520i will be lowered by up to 13% ($42,817) after just one year. After 3 years, the car typically goes for only 61% of its original selling price ($31,297) while it will only be valued at 31% of the original price after 7 years ($12,121). The 520i's value after 12 years is only 11% of its initial price depending on its condition of course.
One more way to quantify vehicle depreciation is to examine the loss of value over mileage. The BMW 520i depreciation curve below illustrates this phenomenon for the city of Nagpur. The 520i looses most of its value (~ 46%) within the first 30k km of its mileage. The typical price for a 520i at that usage level is $27,631. After that the depreciation slows down: at 90k kilometers the BMW 520i is priced for $16,601 in Nagpur and for $6,243 at 180k kilometers .
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 shows the deflation of a BMW 520i according to its year and its condition.
| Vehicle Year | BMW 520i Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $42,671 | $45,635 | $48,600 |
| 2016 | $37,525 | $40,132 | $42,738 |
| 2015 | $32,744 | $35,018 | $37,293 |
| 2014 | $28,327 | $30,295 | $32,263 |
| 2013 | $24,276 | $25,963 | $27,649 |
| 2012 | $20,590 | $22,020 | $23,451 |
| 2011 | $17,269 | $18,469 | $19,668 |
| 2010 | $14,313 | $15,307 | $16,301 |
| 2009 | $11,721 | $12,536 | $13,350 |
| 2008 | $9,495 | $10,155 | $10,814 |
| 2007 | $7,634 | $8,164 | $8,694 |
| 2006 | $6,137 | $6,564 | $6,990 |
| 2005 | $5,006 | $5,354 | $5,702 |
| 2004 | $4,240 | $4,534 | $4,829 |
| 2003 | $3,838 | $4,105 | $4,371 |
| 2002 | $3,802 | $4,066 | $4,330 |
| BMW 520i variations: |
|---|
| 520i BERLINE BVA |
| 520i TOURING BVA |
| 520i TOURING |
| 520i BERLINE |