Peugeot 306 for sale in Shanghai (China)

Are you in the market to buy (or sell) a Peugeot 306 in Shanghai? Vehiclus surveyed the local used auto market of all cities in China to determine a pricing profile of various Peugeot models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your 306 (or to be sure to not be overcharged when buying a Peugeot 306) it is of value to understand most value-determining factors.

Supply and Demand of Peugeot 306 on the local auto market

Shanghai is a town with a population of 22315474 people. Nevertheless, it is hard to find more than a dozen Peugeot 306 on the local car market at the same time. Hence, the supply is little and the demand depends on various of factors e.g. season, fuel mileage, and reliability.

Price Devaluation Curve of the 306 in Shanghai

As shown below, cars of the manufacturer Peugeot and specially of the model 306 depreciate in a very conventional fashion. The average price of the 306 will be lowered by up to 13% ($17,170) after only one year. After three years, the car usually goes for only 64% of its initial asking price ($12,093) while it will only be priced at 29% of the MSRP after 7 years ($5,388). The 306's value after 12 years is only 11% of its first price depending on its condition of course.

Depreciation according to mileage

One more way to describe car depreciation is to examine the decrease of value over kilometers driven. The Peugeot 306 depreciation curve below describes this phenomenon for Shanghai. The 306 looses most of its value (~ 50%) within the first 20,000miles (30,000km) driven. The mean price for a 306 at that mileage is approximately $11,098. After that the depreciation slows down: at 90,000km the Peugeot 306 is priced for $6,217 in Shanghai and for $3,037 at 180,000km .

Peugeot 306 price depending on condition (fair, good, excellent)

The last parameter that significantly effects the price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Peugeot 306 according to its year and its condition.

Vehicle Year	Peugeot 306 Condition
	fair	good	excellent
2017	$15,552	$17,491	$19,431
2016	$13,677	$15,382	$17,087
2015	$11,934	$13,422	$14,910
2014	$10,324	$11,612	$12,899
2013	$8,848	$9,951	$11,054
2012	$7,504	$8,440	$9,376
2011	$6,294	$7,079	$7,863
2010	$5,216	$5,867	$6,517
2009	$4,272	$4,805	$5,337
2008	$3,460	$3,892	$4,323
2007	$2,782	$3,129	$3,476
2006	$2,237	$2,516	$2,794
2005	$1,824	$2,052	$2,279
2004	$1,545	$1,738	$1,930
2003	$1,399	$1,573	$1,748
2002	$1,385	$1,558	$1,731