Lexus GS in Shanghai

Lexus GS for sale in Shanghai (China)

Are you looking to buy (or sell) a Lexus GS in Shanghai? Vehiclus surveyed the local used automotive market of all metropolitan areas in China to determine a pricing profile of various Lexus models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your GS (or to be sure to not be overcharged when buying a Lexus GS) it is highly recommended to know most value-determining variables.

Supply and Demand of Lexus GS on the local auto market

Shanghai is a city with currently 22315474 inhabitants. However, it is hard to find more than five Lexus GS on the used car market . Therefore, the supply is little and the demand depends on various of parameters for example maintenance costs, fuel mileage, and reliability.

Price Devaluation Curve of the GS in Shanghai

As described in the figure below, cars of the car manufacturer Lexus and especially of the model GS loose their value in a very normal manner. The average price of the GS will be lowered by 13% ($30,862) after only 1 year. After 3 years, the car typically costs only 61% of its original selling price ($23,087) while it will only be priced at 30% of the MSRP after 7 years ($9,829). The GS's value after 12 years is only 12% of its original price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to quantify vehicle depreciation is to study the decrease of value vs miles driven. The Lexus GS depreciation curve below describes this phenomenon for the city of Shanghai. The GS looses most of its value (~ 47%) within the first 30,000km of its mileage. The typical price for a GS at that mileage is $19,809. After that the depreciation plateaus: at 90,000km the Lexus GS is valued for $12,391 in Shanghai and for $5,550 at 180k kilometers .

Lexus GS price depending on condition (fair, good, excellent)

The last factor that significantly determines the price of a second-hand car is the technical and optical condition of the vehicle. The table below lists the deflation of a Lexus GS according to its year and its condition.

Vehicle Year Lexus GS Condition
fair good excellent
2017$30,707$33,040$35,372
2016$27,004$29,055$31,106
2015$23,563$25,353$27,143
2014$20,385$21,934$23,482
2013$17,470$18,797$20,124
2012$14,817$15,943$17,068
2011$12,427$13,371$14,315
2010$10,300$11,082$11,864
2009$8,435$9,076$9,716
2008$6,833$7,352$7,871
2007$5,493$5,911$6,328
2006$4,417$4,752$5,087
2005$3,602$3,876$4,150
2004$3,051$3,283$3,514
2003$2,762$2,972$3,182
2002$2,736$2,944$3,151

Enter vehicle make, model and city of interest:


Audi
S5
starting at
$22,762
in Satna (IN)
Peugeot
508
starting at
$18,629
in Oradea (RO)
Mercedes
Vito
starting at
$14,333
in Zomba (MW)
Lexus GS variations:
GS 450h V6 3.5L hybride
GS 300 V6 3.0L
GS 460 V8 4.6L