Audi A8 for sale in Shanghai (China)

Are you looking to buy (or sell) a Audi A8 in Shanghai? Vehiclus surveyed the local used car market of all metropolitan areas in China to establish a pricing profile of various Audi models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your A8 (or to be sure to not be ripped off when purchasing a Audi A8) it is highly recommended to know all value-determining factors.

Supply and Demand of Audi A8 on the local auto market

Shanghai is a town with a current population of 22315474 inhabitants. Nevertheless, there are usually not many Audi A8 for purchase on the market. Hence, the supply is small and the demand depends on various of parameters e.g. car model reputation, fuel mileage, and brand competetivness.

Price Devaluation Curve of the A8 in Shanghai

As pictured below, cars of the make Audi and especially of their model A8 depreciate in a very predictable process. The mean asking price of the A8 will be decreased by up to 14% ($74,671) after only one year. After three years, the car typically goes for only 60% of its initial asking price ($56,840) while it will only be worth 31% of the MSRP after 7 years ($25,007). The A8's value after twelve years is only 12% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to describe car depreciation is to study the decrease of value over kilometers driven. The Audi A8 depreciation curve below describes this phenomenon for the city of Shanghai. The A8 looses most of its resell price (approximately 50%) within the first 20,000miles (30,000km) driven. The average price for a A8 at that usage level is ca $47,842. After that the devaluation plateaus: at 90k km the Audi A8 is priced for $30,876 in Shanghai and for $14,622 at 180k kilometers .

Audi A8 price depending on condition (fair, good, excellent)

The last parameter that heavily effects 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 Audi A8 according to its year and its condition.

Vehicle Year	Audi A8 Condition
	fair	good	excellent
2017	$67,338	$76,599	$85,861
2016	$59,217	$67,361	$75,506
2015	$51,672	$58,779	$65,886
2014	$44,703	$50,851	$57,000
2013	$38,310	$43,579	$48,848
2012	$32,493	$36,962	$41,431
2011	$27,252	$31,000	$34,748
2010	$22,586	$25,693	$28,800
2009	$18,497	$21,041	$23,586
2008	$14,984	$17,045	$19,106
2007	$12,047	$13,704	$15,361
2006	$9,685	$11,018	$12,350
2005	$7,900	$8,987	$10,073
2004	$6,691	$7,611	$8,531
2003	$6,057	$6,890	$7,723
2002	$6,000	$6,825	$7,650