Renault Scenic for sale in Shanghai (China)

Are you currently in the market to buy (or sell) a Renault Scenic in Shanghai? Vehiclus analyzed the used car market of all metropolitan areas in China to establish a pricing profile of various Renault models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Scenic (or to make sure to not be overcharged when purchasing a Renault Scenic) it is a good idea to learn most price-determining variables.

Supply and Demand of Renault Scenic on the local car market

Shanghai is a metropolitan area with a population of 22315474 people. However, there are usually not many Renault Scenic available on the market. Hence, the supply is little and the demand depends on a multitude of factors such as maintenance costs, brand popularity, and reliability.

Price Devaluation Curve of the Scenic in Shanghai

As described in the figure below, cars of the manufacturer Renault and especially of the model Scenic depreciate in a very conventional manner. The average asking price of the Scenic will be decreased by 13% ($26,109) after just 1 year. After three years, the car typically goes for only 63% of its initial selling price ($18,912) while it will only be priced at 29% of the MSRP after 7 years ($7,963). The Scenic's value after twelve years is only 13% of its original price depending on its condition of course.

Depreciation according to mileage

Another way to analyze car depreciation is to study the decrease of value vs miles driven. The Renault Scenic depreciation curve below describes this phenomenon for Shanghai. The Scenic looses most of its value (ca 46%) within the first 30k km of its mileage. The average price for a Scenic at that mileage is approximately $16,875. After that the depreciation slows down: at 90k km the Renault Scenic is valued for $9,977 in Shanghai and for $4,388 at 180k km of mileage.

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

The last parameter that heavily impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Renault Scenic according to its year and its condition.

Vehicle Year	Renault Scenic Condition
	fair	good	excellent
2017	$23,737	$26,643	$29,550
2016	$20,874	$23,430	$25,986
2015	$18,214	$20,445	$22,675
2014	$15,758	$17,687	$19,617
2013	$13,504	$15,158	$16,812
2012	$11,454	$12,856	$14,259
2011	$9,606	$10,782	$11,959
2010	$7,962	$8,937	$9,912
2009	$6,520	$7,319	$8,117
2008	$5,282	$5,928	$6,575
2007	$4,246	$4,766	$5,286
2006	$3,414	$3,832	$4,250
2005	$2,784	$3,126	$3,467
2004	$2,358	$2,647	$2,936
2003	$2,135	$2,396	$2,658
2002	$2,115	$2,374	$2,633