Are you looking to buy (or sell) a BMW 535i in Shanghai? Vehiclus studied the local used auto market of all metropolitan areas in China to determine a pricing profile of various BMW models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your 535i (or to be certain to not be ripped off when purchasing a BMW 535i) it is a good idea to understand all price-determining variables.
Shanghai is a town with a current population of 22315474 . Nevertheless, there are not many BMW 535i for sale on the market. Hence, the supply is not high and the demand depends on a multitude of factors for example maintenance costs, fuel mileage, and reliability.
As seen below, cars of the car manufacturer BMW and specially of their model 535i devaluate in a very standard manner. The average price of the 535i will be lowered by 13% ($46,271) after just 1 year. After 3 years, the car typically is valued at 64% of its original selling price ($33,027) while it will only be valued at 30% of the MSRP after 7 years ($15,518). The 535i's value after twelve years is only 13% of its original price depending on its condition of course.
One more way to analyze car depreciation is to examine the decrease of value vs kilometers driven. The BMW 535i depreciation curve below illustrates this phenomenon for Shanghai. The 535i looses most of its value (approximately 45%) within the first 30,000km driven. The typical price for a 535i at that usage level is $29,666. After that the depreciation plateaus: at 90k kilometers the BMW 535i is sold for $16,958 in Shanghai and for $9,091 at 180k km driven.
The last value that significantly influences 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 BMW 535i according to its year and its condition.
|Vehicle Year||BMW 535i Condition|
|BMW 535i variations:|
|535i BERLINE BVA|
|535i GRAN TURISMO|