Mercedes SL for sale in Shanghai (China)

Are you in the market to buy (or sell) a Mercedes SL in Shanghai? Vehiclus analyzed the local used auto market of all metropolitan areas in China to establish a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your SL (or to be certain to not overpay when buying a Mercedes SL) it is of value to understand all value-determining factors.

Supply and Demand of Mercedes SL on the local car market

Shanghai is a city with a current population of 22315474 inhabitants. Nevertheless, it is hard to find more than five Mercedes SL on the used car market at the same time. Hence, the supply is small and the demand depends on a multitude of parameters for example season, brand popularity, and brand competetivness.

Price Devaluation Curve of the SL in Shanghai

As described in the figure below, cars of the make Mercedes and specially of the model SL devaluate in a very average manner. The mean value of the SL will be lowered by up to 13% ($56,856) after only 1 year. After 3 years, the car usually costs only 62% of its initial selling price ($42,668) while it will only be priced at 27% of the original price after 7 years ($17,190). The SL's value after twelve years is only 13% of its first price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to describe vehicle depreciation is to study the loss of value vs miles driven. The Mercedes SL depreciation curve below shows this phenomenon for the city of Shanghai. The SL looses most of its value (approximately 46%) within the first 30k kilometers driven. The mean price for a SL at that mileage is ca $36,554. After that the depreciation slows down: at 90k kilometers the Mercedes SL is priced for $23,022 in Shanghai and for $9,331 at 180,000km .

Mercedes SL price depending on condition (fair, good, excellent)

The last value that significantly effects 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 Mercedes SL according to its year and its condition.

Vehicle Year	Mercedes SL Condition
	fair	good	excellent
2017	$61,419	$63,195	$64,971
2016	$54,012	$55,574	$57,136
2015	$47,130	$48,493	$49,856
2014	$40,774	$41,953	$43,132
2013	$34,942	$35,953	$36,963
2012	$29,637	$30,494	$31,351
2011	$24,856	$25,575	$26,294
2010	$20,601	$21,197	$21,793
2009	$16,871	$17,359	$17,847
2008	$13,667	$14,062	$14,457
2007	$10,988	$11,306	$11,623
2006	$8,834	$9,089	$9,345
2005	$7,206	$7,414	$7,622
2004	$6,102	$6,279	$6,455
2003	$5,525	$5,684	$5,844
2002	$5,472	$5,630	$5,789