Are you looking to buy (or sell) a Honda Accord in Shanghai? Vehiclus studied the local used car market of all towns in China to determine a pricing profile of various Honda models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your Accord (or to be certain to not be overcharged when purchasing a Honda Accord) it is useful to know all price-determining factors.
Shanghai is a city with currently 22315474 inhabitants. Nevertheless, there are usually not many Honda Accord for sale on the market. Therefore, the supply is low and the demand depends on various of parameters for example car model reputation, mileage, and reliability.
As seen below, cars of the manufacturer Honda and especially of the model Accord depreciate in a very normal manner. The average asking price of the Accord will be lowered by up to 14% ($19,124) after only one year. After 3 years, the car usually goes for only 60% of its initial selling price ($13,844) while it will only be worth 27% of the original price after 7 years ($6,303). The Accord's value after twelve years is only 11% of its first price depending on its condition of course.
Another way to describe vehicle depreciation is to examine the loss of value vs miles driven. The Honda Accord depreciation curve below shows this phenomenon for Shanghai. The Accord looses most of its resell price (approximately 47%) within the first 30k km of its mileage. The average price for a Accord at that usage level is approximately $12,204. After that the devaluation slows down: at 90k kilometers the Honda Accord is valued for $7,148 in Shanghai and for $3,625 at 180k km of mileage.
The last value that heavily determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Honda Accord according to its year and its condition.
Vehicle Year | Honda Accord Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $13,360 | $17,752 | $22,144 |
2016 | $11,749 | $15,611 | $19,474 |
2015 | $10,252 | $13,622 | $16,992 |
2014 | $8,869 | $11,785 | $14,701 |
2013 | $7,601 | $10,099 | $12,598 |
2012 | $6,447 | $8,566 | $10,685 |
2011 | $5,407 | $7,184 | $8,962 |
2010 | $4,481 | $5,954 | $7,427 |
2009 | $3,670 | $4,876 | $6,083 |
2008 | $2,973 | $3,950 | $4,927 |
2007 | $2,390 | $3,176 | $3,961 |
2006 | $1,921 | $2,553 | $3,185 |
2005 | $1,567 | $2,082 | $2,598 |
2004 | $1,327 | $1,764 | $2,200 |
2003 | $1,201 | $1,597 | $1,992 |
2002 | $1,190 | $1,581 | $1,973 |
Honda Accord variations: |
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ACCORD TOURER 2.2i CTDi Sport /Executive |
ACCORD TOURER 2.2 i-DTEC Executive / Luxury AT |
ACCORD 4P TYPE R |
ACCORD 2.2 i-DTEC Executive / Luxury |
ACCORD TOURER 2.0i Comfort |
ACCORD 2.4i Executive AT |
ACCORD 2.0 i-VTEC Elegance |
ACCORD TOURER 2.2 i-DTEC Luxury |
ACCORD TOURER 2.0i Sport BVA |
ACCORD TOURER 2.4i Executive |
ACCORD 2.2i CTDi Sport |
ACCORD 2.2 i-DTEC Luxury AT |
ACCORD TOURER 2.2 i-DTEC Executive / Luxury |
ACCORD TOURER 2.2 i-DTEC Exécutive Innova AT/Luxury AT |
ACCORD TOURER 2.2 i-DTEC Exécutive AT |
ACCORD 2.4 i-VTEC Luxury Innova AT |
ACCORD TOURER 2.2 i-DTEC Elegance |
ACCORD 2.0i Comfort |
ACCORD COUPE 2.0i ES |
ACCORD 4P 2.3i ES |
ACCORD TOURER 2.4 i-VTEC Luxury Innova AT |
ACCORD 5P 1.8i LS |
ACCORD TOURER 2.2 i-DTEC Luxury Innova AT |
ACCORD 2.4 i-VTEC Luxury AT |
ACCORD TOURER 2.2 i-DTEC Luxury Innova/Innova Pack |
ACCORD TOURER 2.2 i-DTEC Luxury / Innova AT |
ACCORD 2.2 i-DTEC Executive |
ACCORD COUPE 3.0 V6 |
ACCORD 4P 1.8i LS |
ACCORD 2.2 i-DTEC Innova AT |
ACCORD 2.2 i-DTEC Executive Innova AT |
ACCORD TOURER 2.4i Executive AT |
ACCORD 2.0i Sport Navi |
ACCORD 2.2 i-DTEC Elegance |
ACCORD TOURER 2.4i Executive BVA |
ACCORD TOURER 2.2 i-DTEC |
ACCORD 2.2 i-DTEC Innova Pack/Luxury Innova |
ACCORD 2.4i Executive |
ACCORD 2.4i Executive BVA |
ACCORD 2.2i CTDi Sport Navi/Executive |
ACCORD TOURER 2.4 i-VTEC Luxury AT |
ACCORD 2.0i Sport BVA |
ACCORD 2.0i Sport |
ACCORD 2.2 i-DTEC Innova |
ACCORD 2.2i CTDi Executive |
ACCORD 5P 1.8i LS BVA |
ACCORD TOURER 2.2i CTDi Sport Navi/Executive |
ACCORD 2.2 i-DTEC Luxury |
ACCORD 2.2 i-DTEC Executive AT |
ACCORD TOURER 2.2 i-DTEC Innova |
ACCORD TOURER 2.0i Sport |
ACCORD TOURER 2.0 i-VTEC Elegance |