Renault Laguna for sale in Shanghai (China)

Are you in the market to buy (or sell) a Renault Laguna in Shanghai? Vehiclus analyzed the used car market of all metropolitan areas 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 Laguna (or to be sure to not be ripped off when buying a Renault Laguna) it is a good idea to learn most price-establishing variables.

Supply and Demand of Renault Laguna on the local auto market

Shanghai is a metropolitan area with a current population of 22315474 . However, there are not many Renault Laguna on the market. That's why the supply is small and the demand depends on various of factors for example season, mileage, and brand competetivness.

Price Devaluation Curve of the Laguna in Shanghai

As shown below, cars of the make Renault and especially of their model Laguna depreciate in a very predictable process. The mean asking price of the Laguna will be lowered by up to 13% ($18,472) after only 1 year. After three years, the car typically goes for only 62% of its original selling price ($13,187) while it will only be valued at 29% of the original price after 7 years ($5,682). The Laguna's value after twelve years is only 11% of its initial price depending on its condition of course.

Depreciation according to vehicle mileage

One more way to quantify vehicle depreciation is to examine the decrease of value vs mileage. The Renault Laguna depreciation curve below illustrates this phenomenon for the city of Shanghai. The Laguna looses most of its resell price (~ 47%) within the first 20,000miles (30,000km) of its mileage. The average price for a Laguna at that mileage is approximately $11,896. After that the devaluation plateaus: at 90k km the Renault Laguna is priced for $6,824 in Shanghai and for $3,136 at 180,000km driven.

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

The last value that heavily influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Renault Laguna according to its year and its condition.

Vehicle Year	Renault Laguna Condition
	fair	good	excellent
2017	$20,521	$20,782	$21,044
2016	$18,046	$18,276	$18,506
2015	$15,747	$15,947	$16,148
2014	$13,623	$13,797	$13,970
2013	$11,675	$11,823	$11,972
2012	$9,902	$10,028	$10,154
2011	$8,305	$8,410	$8,516
2010	$6,883	$6,971	$7,058
2009	$5,637	$5,709	$5,780
2008	$4,566	$4,624	$4,682
2007	$3,671	$3,718	$3,764
2006	$2,951	$2,989	$3,027
2005	$2,407	$2,438	$2,469
2004	$2,039	$2,065	$2,091
2003	$1,846	$1,869	$1,893
2002	$1,828	$1,851	$1,875