Are you in the market to buy (or sell) a Chrysler Grand in Shanghai? Vehiclus studied the local used auto market of all cities in China to determine a pricing profile of various Chrysler models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Grand (or to be sure to not overpay when purchasing a Chrysler Grand) it is recommended to understand all price-establishing factors.
Shanghai is a metropolitan area with a population of 22315474 inhabitants. However, it is hard to find more than a dozen Chrysler Grand on the market there. Therefore, the supply is small and the demand depends on various of parameters such as maintenance costs, fuel mileage, and brand competetivness.
As illustrated in the figure below, cars of the car manufacturer Chrysler and especially of the model Grand depreciate in a very predictable process. The average asking price of the Grand will be decreased by up to 14% ($31,616) after just one year. After three years, the car usually is sold for about 64% of its original selling price ($23,055) while it will only be priced at 29% of the original price after 7 years ($10,221). The Grand's value after 12 years is only 12% of its original price depending on its condition of course.
Another way to describe car depreciation is to examine the decrease of value vs miles driven. The Chrysler Grand depreciation curve below describes this phenomenon for Shanghai. The Grand looses most of its value (approximately 50%) within the first 30k kilometers of its mileage. The typical price for a Grand at that mileage is approximately $20,287. After that the devaluation plateaus: at 90,000km the Chrysler Grand is priced for $12,091 in Shanghai and for $5,836 at 180k kilometers .
The last parameter that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Chrysler Grand according to its year and its condition.
|Vehicle Year||Chrysler Grand Condition|
|Chrysler Grand variations:|
|GRAND VOYAGER 3.3L 4X4|
|GRAND VOYAGER 3.3L LUXE BVA|
|GRAND VOYAGER 2.8L CRD LUXE BVA|
|GRAND VOYAGER 2.5L CRD|
|GRAND VOYAGER 3.3L SE CONFORT BVA|
|GRAND VOYAGER 2.8L CRD SE CONFORT BVA|
|GRAND VOYAGER 2.8L CRD LUXE BVA4|
|GRAND VOYAGER 3.3L LX|
|GRAND VOYAGER 3.3L SE CONFORT BVA4|
|GRAND VOYAGER 2.4L BVA|
|GRAND VOYAGER 3.3L LIMITED BVA4|
|GRAND VOYAGER 2.4L|
|GRAND VOYAGER 2.8L CRD SE LUXE BVA|
|GRAND VOYAGER 2.8L CRD LIMITED BVA4|
|GRAND VOYAGER 3.3L|
|GRAND VOYAGER 2.8L CRD SE CONFORT BVA4|
|GRAND VOYAGER 2.5L CRD SE LUXE|
|GRAND VOYAGER 3.3L LIMITED BVA|
|GRAND VOYAGER 3.3L LUXE BVA4|
|GRAND VOYAGER 2.8L CRD LIMITED BVA|
|GRAND VOYAGER 2.5L CRD LX|
|GRAND VOYAGER 3.3L 4X4 LIMITED BVA|
|GRAND VOYAGER 2.8L CRD LX BVA|