Renault Grand for sale in Shanghai (China)

Are you looking to buy (or sell) a Renault Grand in Shanghai? Vehiclus studied the local used car market of all towns in China to determine a pricing profile of various Renault models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Grand (or to make sure to not be ripped off when purchasing a Renault Grand) it is of value to know most value-determining factors.

Supply and Demand of Renault Grand on the local auto market

Shanghai is a town with a population of 22315474 people. However, there are not many Renault Grand for sale on the market. Therefore, the supply is low and the demand depends on a multitude of factors for example car model reputation, mileage, and used car pricing.

Price Devaluation Curve of the Grand in Shanghai

As illustrated in the figure below, cars of the manufacturer Renault and specially of the model Grand depreciate in a very average manner. The mean asking price of the Grand will be lowered by up to 13% ($19,080) after only 1 year. After 3 years, the car usually is sold for about 61% of its original asking price ($13,806) while it will only be worth 32% of the original price after 7 years ($6,240). The Grand's value after twelve years is only 12% of its first price depending on its condition of course.

Depreciation according to mileage

Another way to describe car depreciation is to study the decrease of value vs mileage. The Renault Grand depreciation curve below illustrates this phenomenon for Shanghai. The Grand looses most of its value (approximately 50%) within the first 30k kilometers driven. The typical price for a Grand at that mileage is $12,231. After that the depreciation slows down: at 90k kilometers the Renault Grand is valued for $7,178 in Shanghai and for $3,589 at 180,000km .

Renault Grand price depending on condition (fair, good, excellent)

The last parameter that heavily influences the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the deflation of a Renault Grand according to its year and its condition.

Vehicle Year	Renault Grand Condition
	fair	good	excellent
2017	$17,726	$19,822	$21,918
2016	$15,589	$17,432	$19,275
2015	$13,602	$15,211	$16,819
2014	$11,768	$13,159	$14,550
2013	$10,085	$11,277	$12,469
2012	$8,553	$9,565	$10,576
2011	$7,174	$8,022	$8,870
2010	$5,946	$6,649	$7,352
2009	$4,869	$5,445	$6,020
2008	$3,944	$4,411	$4,877
2007	$3,171	$3,546	$3,921
2006	$2,549	$2,851	$3,152
2005	$2,079	$2,325	$2,571
2004	$1,761	$1,969	$2,177
2003	$1,594	$1,783	$1,971
2002	$1,579	$1,766	$1,953