Are you currently looking to buy (or sell) a Audi A7 in Shanghai? Vehiclus analyzed the local used automotive market of all towns in China to determine a pricing profile of various Audi models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your A7 (or to be sure to not be ripped off when purchasing a Audi A7) it is a good idea to know most value-determining factors.
Shanghai is a city with a population of 22315474 . However, it is hard to find more than a dozen Audi A7 on the used car market at the same time. That's why the supply is low and the demand depends on a multitude of factors such as season, mileage, and brand competetivness.
As pictured below, cars of the car manufacturer Audi and specially of the model A7 loose their value in a very usual way. The mean price of the A7 will be decreased by up to 14% ($75,697) after just 1 year. After 3 years, the car usually is valued at 62% of its initial selling price ($54,489) while it will only be worth 32% of the MSRP after 7 years ($25,006). The A7's value after twelve years is only 10% of its original price depending on its condition of course.
Another way to describe car depreciation is to examine the decrease of value over miles driven. The Audi A7 depreciation curve below shows this phenomenon for Shanghai. The A7 looses most of its resell price (~ 50%) within the first 30k km driven. The average price for a A7 at that mileage is ca $48,896. After that the depreciation slows down: at 90k kilometers the Audi A7 is priced for $28,553 in Shanghai and for $14,632 at 180k kilometers .
The last parameter that heavily impacts the price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Audi A7 according to its year and its condition.
|Vehicle Year||Audi A7 Condition|
|Audi A7 variations:|