Are you looking to buy (or sell) a Citroen Grand in Shanghai? Vehiclus analyzed the used car market of all towns in China to establish a pricing profile of various Citroen models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Grand (or to make sure to not be ripped off when purchasing a Citroen Grand) it is useful to know all price-establishing variables.
Shanghai is a metropolitan area with a population of 22315474 inhabitants. However, it is hard to find more than five Citroen Grand on the car market there. Therefore, the supply is small and the demand depends on various of parameters e.g. brand reputation, brand popularity, and used car pricing.
As illustrated in the figure below, cars of the manufacturer Citroen and specially of the model Grand loose their value in a very conventional way. The mean price of the Grand will be decreased by up to 13% ($28,351) after only one year. After three years, the car usually costs only 61% of its original selling price ($20,522) while it will only be valued at 32% of the original price after 7 years ($8,764). The Grand's value after 12 years is only 13% of its first price depending on its condition of course.
One more way to quantify vehicle depreciation is to look at the decrease of value vs miles driven. The Citroen Grand depreciation curve below describes this phenomenon for Shanghai. The Grand looses most of its resell price (~ 50%) within the first 30,000km of its mileage. The mean price for a Grand at that mileage is $18,231. After that the depreciation plateaus: at 90,000km the Citroen Grand is sold for $10,728 in Shanghai and for $4,847 at 180,000km of mileage.
The last factor that significantly determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Citroen Grand according to its year and its condition.
Vehicle Year | Citroen Grand Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $30,895 | $31,641 | $32,387 |
2016 | $27,169 | $27,825 | $28,481 |
2015 | $23,708 | $24,280 | $24,852 |
2014 | $20,510 | $21,005 | $21,500 |
2013 | $17,577 | $18,001 | $18,425 |
2012 | $14,908 | $15,268 | $15,628 |
2011 | $12,503 | $12,805 | $13,107 |
2010 | $10,363 | $10,613 | $10,863 |
2009 | $8,487 | $8,691 | $8,896 |
2008 | $6,875 | $7,041 | $7,206 |
2007 | $5,527 | $5,660 | $5,794 |
2006 | $4,444 | $4,551 | $4,658 |
2005 | $3,624 | $3,712 | $3,799 |
2004 | $3,069 | $3,144 | $3,218 |
2003 | $2,779 | $2,846 | $2,913 |
2002 | $2,752 | $2,819 | $2,885 |
Citroen Grand variations: |
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GRAND C4 PICASSO 7PL HDI (110ch) FAP AirDream BMP6 |
GRAND C4 PICASSO 7PL HDI (110ch) FAP BMP6 |
GRAND C4 PICASSO 7PL 2.0i (145ch) BVA4 |
GRAND C4 PICASSO 7PL 2.0HDI (138ch) BVA6 |
GRAND C4 PICASSO 7PL HDI (110ch) FAP AirDream |
GRAND C4 PICASSO 7PL 2.0HDI (138ch) FAP BMP6 |
GRAND C4 PICASSO 7PL THP (150ch) BMP6 |
GRAND C4 PICASSO 7PL 2.0HDI 138 FAP BMP6 |
GRAND C4 PICASSO 5PL 2.0HDI (138ch) BMP6 |
GRAND C4 PICASSO 7PL 1.6HDI (110ch) |
GRAND C4 PICASSO 7PL 2.0HDI (138ch) FAP BVA6 |
GRAND C4 PICASSO 5PL 1.6HDI (110ch) BMP6 |
GRAND C4 PICASSO 7PL 2.0HDI 138 FAP BVA6 |
GRAND C4 PICASSO 5PL 1.8i (127ch) |
GRAND C4 PICASSO 7PL 1.6HDI (110ch) BVA6 |
GRAND C4 PICASSO 7PL THP 150 BMP6 |
GRAND C4 PICASSO 7PL 1.8i (127ch) |
GRAND C4 PICASSO 7PL 1.6HDI (110ch) BVA6 |
GRAND C4 PICASSO 7PL HDI (110ch) FAP |
GRAND C4 PICASSO 7PL 2.0i (145ch) BVA6 |
GRAND C4 PICASSO 7PL 2.0i (145ch) BVA6 |
GRAND C4 PICASSO 7PL HDI 110 FAP BVM5 |
GRAND C4 PICASSO 7PL HDI 110 FAP BMP6 |
GRAND C4 PICASSO 5PL 2.0HDI (138ch) BVA6 |
GRAND C4 PICASSO 5PL 1.6HDI (110ch) |