Hyundai IX20 in Shanghai

Hyundai IX20 for sale in Shanghai (China)

Are you currently in the market to buy (or sell) a Hyundai IX20 in Shanghai? Vehiclus analyzed the local used auto market of all metropolitan areas in China to determine a pricing profile of various Hyundai models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your IX20 (or to be certain to not overpay when buying a Hyundai IX20) it is of value to know all price-determining factors.

Supply and Demand of Hyundai IX20 on the local car market

Shanghai is a town with currently 22315474 inhabitants. However, it is hard to find more than three Hyundai IX20 on the market . Hence, the supply is not high and the demand depends on a multitude of parameters for example season, fuel mileage, and brand competetivness.

Price Devaluation Curve of the IX20 in Shanghai

As shown below, cars of the make Hyundai and especially of the model IX20 loose their value in a very usual process. The mean value of the IX20 will be decreased by up to 14% ($13,034) after only 1 year. After 3 years, the car typically is valued at 63% of its original asking price ($9,435) while it will only be priced at 32% of the original price after 7 years ($3,869). The IX20's value after 12 years is only 12% of its first price depending on its condition of course.


Depreciation according to mileage

One more way to analyze car depreciation is to examine the loss of value vs kilometers driven. The Hyundai IX20 depreciation curve below illustrates this phenomenon for the city of Shanghai. The IX20 looses most of its value (~ 47%) within the first 30k km driven. The mean price for a IX20 at that usage level is approximately $8,491. After that the depreciation plateaus: at 90k kilometers the Hyundai IX20 is priced for $5,039 in Shanghai and for $2,110 at 180,000km driven.

Hyundai IX20 price depending on condition (fair, good, excellent)

The last parameter that significantly influences the price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Hyundai IX20 according to its year and its condition.

Vehicle Year Hyundai IX20 Condition
fair good excellent
2017$6,051$10,294$14,538
2016$5,321$9,053$12,784
2015$4,643$7,899$11,156
2014$4,017$6,834$9,651
2013$3,442$5,857$8,271
2012$2,920$4,967$7,015
2011$2,449$4,166$5,883
2010$2,029$3,453$4,876
2009$1,662$2,828$3,993
2008$1,346$2,290$3,235
2007$1,082$1,841$2,600
2006$870$1,480$2,091
2005$710$1,207$1,705
2004$601$1,022$1,444
2003$544$926$1,307
2002$539$917$1,295

Enter vehicle make, model and city of interest:


Kia
Picanto
starting at
$4,146
in Kananga (CD)
Nissan
Combi
starting at
$8,399
in Visalia (US)
Daewoo
Musso
starting at
$6,530
in Santa Cruz do Sul (BR)
Hyundai IX20 variations: