Skoda Citigo in Shanghai

Skoda Citigo for sale in Shanghai (China)

Are you currently in the market to buy (or sell) a Skoda Citigo in Shanghai? Vehiclus surveyed the used automotive market of all towns in China to establish a pricing profile of various Skoda models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Citigo (or to be certain to not be ripped off when purchasing a Skoda Citigo) it is useful to understand all value-determining factors.

Supply and Demand of Skoda Citigo on the local car market

Shanghai is a metropolitan area with a current population of 22315474 people. Nevertheless, it is hard to find more than a dozen Skoda Citigo on the used car market . Therefore, the supply is small and the demand depends on various of parameters such as brand reputation, mileage, and brand competetivness.

Price Devaluation Curve of the Citigo in Shanghai

As described in the figure below, cars of the make Skoda and especially of their model Citigo depreciate in a very standard fashion. The mean price of the Citigo will be lowered by up to 14% ($16,343) after just 1 year. After 3 years, the car typically is valued at 62% of its original asking price ($11,698) while it will only be valued at 31% of the MSRP after 7 years ($5,303). The Citigo's value after twelve years is only 10% of its initial price depending on its condition of course.


Depreciation according to mileage

One more way to quantify vehicle depreciation is to look at the decrease of value over mileage. The Skoda Citigo depreciation curve below describes this phenomenon for Shanghai. The Citigo looses most of its value (ca 45%) within the first 30,000km driven. The average price for a Citigo at that usage level is $10,588. After that the devaluation plateaus: at 90,000km the Skoda Citigo is valued for $6,128 in Shanghai and for $3,075 at 180k km .

Skoda Citigo price depending on condition (fair, good, excellent)

The last value that heavily effects the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Skoda Citigo according to its year and its condition.

Vehicle Year Skoda Citigo Condition
fair good excellent
2017$12,704$15,561$18,418
2016$11,172$13,684$16,197
2015$9,748$11,941$14,133
2014$8,433$10,330$12,227
2013$7,227$8,853$10,478
2012$6,130$7,508$8,887
2011$5,141$6,297$7,454
2010$4,261$5,219$6,177
2009$3,489$4,274$5,059
2008$2,827$3,462$4,098
2007$2,272$2,784$3,295
2006$1,827$2,238$2,649
2005$1,490$1,825$2,160
2004$1,262$1,546$1,830
2003$1,142$1,399$1,656
2002$1,131$1,386$1,641

Enter vehicle make, model and city of interest:


Opel
Tigra
starting at
$7,776
in Dushanbe (TJ)
Lancia
Flavia
starting at
$7,117
in Malir Cantonment (PK)
Volvo
XC70
starting at
$19,729
in Loum (CM)
Skoda Citigo variations: