Are you in the market to buy (or sell) a Hyundai Tucson in Shanghai? Vehiclus surveyed 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. If you want to maximize your profits when selling your Tucson (or to be sure to not be ripped off when purchasing a Hyundai Tucson) it is a good idea to learn most value-determining variables.
Shanghai is a city with a population of 22315474 . However, there are usually not many Hyundai Tucson for purchase on the market. Hence, the supply is low and the demand depends on a multitude of factors for example season, mileage, and used car pricing.
As illustrated in the figure below, cars of the make Hyundai and specially of the model Tucson depreciate in a very conventional manner. The average value of the Tucson will be lowered by up to 13% ($21,001) after only one year. After 3 years, the car typically is sold for about 64% of its original selling price ($15,752) while it will only be worth 30% of the original price after 7 years ($7,009). The Tucson's value after twelve years is only 12% of its original price depending on its condition of course.
One more way to quantify vehicle depreciation is to study the loss of value vs mileage. The Hyundai Tucson depreciation curve below shows this phenomenon for the city of Shanghai. The Tucson looses most of its value (~ 46%) within the first 30,000km driven. The average price for a Tucson at that mileage is $13,393. After that the depreciation plateaus: at 90k kilometers the Hyundai Tucson is priced for $8,389 in Shanghai and for $4,064 at 180k kilometers .
The last value that heavily effects the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Hyundai Tucson according to its year and its condition.
|Vehicle Year||Hyundai Tucson Condition|
|Hyundai Tucson variations:|
|TUCSON 2.0 CRDi 2WD PACK Confort|
|TUCSON 2.0 CRDi 4WD PACK Confort / Luxe|
|TUCSON 2.0 2WD PACK Confort|
|TUCSON 2.0 2WD PACK Confort II|
|TUCSON 2.0 CRDi 140 4WD PACK Confort / Luxe|
|TUCSON 2.0 CRDi (140ch) 4WD PACK Confort / Luxe / Style|
|TUCSON 2.0 CRDi (149ch) 4WD PACK Executive|
|TUCSON 2.0 CRDi (149ch) 2WD PACK Edition II|
|TUCSON 2.0 CRDi (149ch) 2WD PACK Confort|
|TUCSON 2.0 CRDi (140ch) 2WD PACK Luxe BVA|
|TUCSON 2.0 CRDi 140 2WD PACK Confort|
|TUCSON 2.0 CRDi (140ch) 2WD PACK Confort|
|TUCSON 2.0 CRDi 4WD PACK Luxe BVA|