Are you looking to buy (or sell) a Renault Espace in Shanghai? Vehiclus analyzed the used car market of all towns in China to establish a pricing profile of various Renault models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Espace (or to make sure to not be ripped off when purchasing a Renault Espace) it is useful to know all price-establishing variables.
Shanghai is a metropolitan area with a population of 22315474 inhabitants. However, it is hard to find more than five Renault Espace on the car market there. Therefore, the supply is small and the demand depends on various of parameters e.g. brand reputation, brand popularity, and used car pricing.
As illustrated in the figure below, cars of the manufacturer Renault and specially of the model Espace loose their value in a very conventional way. The mean price of the Espace will be decreased by up to 13% ($28,351) after only one year. After three years, the car usually costs only 61% of its original selling price ($20,522) while it will only be valued at 32% of the original price after 7 years ($8,764). The Espace's value after 12 years is only 13% of its first price depending on its condition of course.
One more way to quantify vehicle depreciation is to look at the decrease of value vs miles driven. The Renault Espace depreciation curve below describes this phenomenon for Shanghai. The Espace looses most of its resell price (~ 50%) within the first 30,000km of its mileage. The mean price for a Espace at that mileage is $18,231. After that the depreciation plateaus: at 90,000km the Renault Espace is sold for $10,728 in Shanghai and for $4,847 at 180,000km of mileage.
The last factor that significantly determines the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Renault Espace according to its year and its condition.
Vehicle Year | Renault Espace Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $30,895 | $31,641 | $32,387 |
2016 | $27,169 | $27,825 | $28,481 |
2015 | $23,708 | $24,280 | $24,852 |
2014 | $20,510 | $21,005 | $21,500 |
2013 | $17,577 | $18,001 | $18,425 |
2012 | $14,908 | $15,268 | $15,628 |
2011 | $12,503 | $12,805 | $13,107 |
2010 | $10,363 | $10,613 | $10,863 |
2009 | $8,487 | $8,691 | $8,896 |
2008 | $6,875 | $7,041 | $7,206 |
2007 | $5,527 | $5,660 | $5,794 |
2006 | $4,444 | $4,551 | $4,658 |
2005 | $3,624 | $3,712 | $3,799 |
2004 | $3,069 | $3,144 | $3,218 |
2003 | $2,779 | $2,846 | $2,913 |
2002 | $2,752 | $2,819 | $2,885 |
Renault Espace variations: |
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ESPACE IV 3.0dCi (180ch) BVA PROACTIVE |
ESPACE IV 2.0L 16v |
ESPACE IV 2.0DCI (150ch) |
ESPACE IV 2.0T BVA PROACTIVE EURO 4 |
ESPACE IV 2.0DCI (130ch) EURO 4 |
ESPACE IV 2.0 dCi (150ch) EURO 4 + TOELEC/TVFIX |
ESPACE IV 2.0dCi (150ch) FAP BVA Alyum Plus |
ESPACE IV 2.0DCI (150ch) FAP |
ESPACE IV 2.2dCi (150ch) |
ESPACE IV 1.9dCi (117ch) |
ESPACE 2.0 T 170 11 cv |
ESPACE IV 2.0DCI (150ch) EURO 4 + TOELEC/TVFIX |
ESPACE IV 2.0DCI (175ch) |
ESPACE IV 2.0DCI (175ch) TOELEC/TVFIX |
ESPACE IV 2.0DCI (150ch) EURO 4 |
ESPACE 2.0L 16v |
ESPACE IV 1.9dCi (120ch) TOELEC/TVFIX |
ESPACE IV 1.9dCi (117ch) TOELEC/TVFIX |
ESPACE IV 2.0DCI (175ch) FAP |
ESPACE IV 3.5 V6 BVA PROACTIVE |
ESPACE V6 BVA |
ESPACE IV 1.9dCi (117ch) TO |
ESPACE 2.2dCi (115ch) |
ESPACE IV 2.0DCI (175ch) FAP BVA |
ESPACE 2.0 T 170 11 cv BVA5 |
ESPACE IV 2.0T BVA5 PROACTIVE EURO 4 |
ESPACE IV 2.2dCi (150ch) BVA5 PROACTIVE |
ESPACE IV 2.0T |
ESPACE dCi (130ch) |
ESPACE IV 3.0DCI (180ch) BVA5 PROACTIVE |
ESPACE 1.9dTi |
ESPACE IV 2.0DCI (175ch) FAP EURO 4 + TOELEC/TVFIX |
ESPACE IV 3.5 V6 BVA5 PROACTIVE TO |
ESPACE IV 3.5 V6 BVA PROACTIVE TO |
ESPACE IV 2.0T TO |
ESPACE IV 2.0T (170ch) Alyum Plus |
ESPACE dCi (175ch) FAP BVA6 |
ESPACE IV 2.0L 16V EURO 4 |
ESPACE 2.0L 16v BVA PROACTIVE |
ESPACE IV 2.0T (170ch) |
ESPACE IV 3.0DCI (180ch) BVA5 PROACTIVE TO |
ESPACE IV 3.5 V6 BVA5 PROACTIVE |
ESPACE dCi (175ch) FAP |
ESPACE IV 2.0dCi (175ch) FAP |
ESPACE IV 2.0DCI (150ch) FAP BVA Alyum Plus |
ESPACE IV 3.0dCi V6 (180ch) BVA 6 |
ESPACE IV 2.0 dCi (130ch) EURO 4 + TOELEC/TVFIX |
ESPACE IV 2.0T BVA PROACTIVE TO |
ESPACE IV 1.9DCI (117ch) TOELEC/TVFIX |
ESPACE IV 2.0 dCi (130ch) EURO 4 |
ESPACE IV 2.0T BVA PROACTIVE |
ESPACE IV 2.0DCI (130ch) EURO 4 + TOELEC/TVFIX |
ESPACE IV 2.0T EURO 4 |
ESPACE IV 2.0dCi (175ch) FAP BVA Alyum Plus |
ESPACE IV 2.0dCi (150ch) FAP BVA Carminat |
ESPACE IV 1.9DCI (120ch) TOELEC/TVFIX |
ESPACE 2.0 120 16v 9 cv |
ESPACE IV 2.2DCI (150ch) BVA5 PROACTIVE |
ESPACE IV 2.0T (170ch) BVA Alyum Plus |
ESPACE IV 2.2DCI (150ch) |
ESPACE IV 3.0dCi (180ch) BVA5 PROACTIVE TO |
ESPACE IV 2.2dCi (150ch) BVA PROACTIVE TO |
ESPACE IV 2.0dCi (175ch) FAP BVA |
ESPACE IV 3.0dCi (180ch) BVA PROACTIVE TO |
ESPACE IV 2.0DCI (150ch) FAP EURO 4 + TOELEC/TVFIX |
ESPACE IV 2.0L 16v EURO 4 |
ESPACE IV 2.0dCi (150ch) FAP |
ESPACE IV 1.9DCI (117ch) |
ESPACE IV 2.0DCI (150ch) FAP BVA Carminat |
ESPACE IV 2.0DCI (175ch) FAP BVA Alyum Plus |
ESPACE IV 3.5L V6 BVA5 PROACTIVE EURO 4 |
ESPACE IV 2.0 dCi (150ch) EURO 4 |
ESPACE IV 2.2dCi (150ch) TO |
ESPACE IV 3.0dCi (180ch) BVA5 PROACTIVE |
ESPACE dCi (150ch) FAP BVA6 |
ESPACE 2.2dCi (130ch) |
ESPACE IV 2.2dCi (150ch) BVA PROACTIVE |
ESPACE IV 2.0L 16v TO |
ESPACE 3.5L V6 (245ch) BVA |
ESPACE dCi (150ch) |