Are you in the market to buy (or sell) a Chrysler Crossfire in Shanghai? Vehiclus studied the local used auto market of all metropolitan areas in China to determine a pricing profile of various Chrysler models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Crossfire (or to be certain to not be overcharged when buying a Chrysler Crossfire) it is of value to know most price-establishing variables.
Shanghai is a city with currently 22315474 inhabitants. Nevertheless, it is hard to find more than three Chrysler Crossfire on the used car market at the same time. Therefore, the supply is low and the demand depends on various of factors such as maintenance costs, brand popularity, and reliability.
As shown below, cars of the manufacturer Chrysler and especially of the model Crossfire depreciate in a very customary process. The average value of the Crossfire will be lowered by 13% ($21,814) after only 1 year. After 3 years, the car usually costs only 64% of its original asking price ($15,970) while it will only be worth 28% of the original price after 7 years ($6,974). The Crossfire's value after 12 years is only 11% of its initial price depending on its condition of course.
One more way to describe car depreciation is to study the decrease of value vs mileage. The Chrysler Crossfire depreciation curve below illustrates this phenomenon for the city of Shanghai. The Crossfire looses most of its value (~ 46%) within the first 20,000miles (30,000km) of its mileage. The average price for a Crossfire at that mileage is approximately $13,864. After that the devaluation slows down: at 90,000km the Chrysler Crossfire is sold for $8,276 in Shanghai and for $3,896 at 180k km driven.
The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Chrysler Crossfire according to its year and its condition.
|Vehicle Year||Chrysler Crossfire Condition|
|Chrysler Crossfire variations:|
|CROSSFIRE 3.2L BVA|
|CROSSFIRE COUPE 3.2L BVA|
|CROSSFIRE CABRIOLET 3.2L BVA5|
|CROSSFIRE COUPE 3.2L BVA5|
|CROSSFIRE COUPE 3.2L SRT-6 BVA5|
|CROSSFIRE COUPE 3.2L|
|CROSSFIRE COUPE 3.2L SRT-6 BVA|
|CROSSFIRE CABRIOLET 3.2L|
|CROSSFIRE CABRIOLET 3.2L SRT-6 BVA|
|CROSSFIRE CABRIOLET 3.2L BVA|
|CROSSFIRE CABRIOLET 3.2L SRT-6 BVA5|