Lexus IS in Shanghai

Lexus IS for sale in Shanghai (China)

Are you currently looking to buy (or sell) a Lexus IS in Shanghai? Vehiclus studied the used auto market of all cities in China to determine a pricing profile of various Lexus models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your IS (or to be sure to not be overcharged when purchasing a Lexus IS) it is very recommended to understand all value-determining variables.

Supply and Demand of Lexus IS on the local auto market

Shanghai is a metropolitan area with a population of 22315474 inhabitants. However, it is hard to find more than five Lexus IS on the used car market . Therefore, the supply is small and the demand depends on a multitude of factors e.g. car model reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the IS in Shanghai

As shown below, cars of the make Lexus and specially of their model IS loose their value in a very conventional fashion. The mean price of the IS will be lowered by 14% ($25,737) after only 1 year. After 3 years, the car usually is valued at 60% of its original asking price ($18,741) while it will only be worth 31% of the MSRP after 7 years ($7,913). The IS's value after 12 years is only 10% of its initial price depending on its condition of course.


Depreciation according to mileage

One more way to describe car depreciation is to look at the loss of value over kilometers driven. The Lexus IS depreciation curve below shows this phenomenon for the city of Shanghai. The IS looses most of its value (approximately 45%) within the first 30,000km driven. The mean price for a IS at that usage level is ca $16,605. After that the depreciation plateaus: at 90k kilometers the Lexus IS is priced for $9,905 in Shanghai and for $4,379 at 180,000km of mileage.

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

The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Lexus IS according to its year and its condition.

Vehicle Year Lexus IS Condition
fair good excellent
2017$25,931$27,577$29,223
2016$22,804$24,251$25,699
2015$19,898$21,161$22,424
2014$17,214$18,307$19,400
2013$14,752$15,689$16,625
2012$12,512$13,307$14,101
2011$10,494$11,160$11,826
2010$8,698$9,250$9,802
2009$7,123$7,575$8,027
2008$5,770$6,136$6,502
2007$4,639$4,933$5,228
2006$3,729$3,966$4,203
2005$3,042$3,235$3,428
2004$2,576$2,740$2,903
2003$2,332$2,480$2,628
2002$2,310$2,457$2,603

Enter vehicle make, model and city of interest:


Volkswagen
Beetle
starting at
$6,457
in Brooklyn (US)
Kia
Sportage
starting at
$9,452
in Pinar del Rio (CU)
Jaguar
F-Type
starting at
$22,764
in Gandajika (CD)
Lexus IS variations:
IS 220d 2.2L
TOUS MODELES
IS 250 V6 2.5L
IS
IS F