Are you currently in the market to buy (or sell) a Dacia Lodgy in Singapore? Vehiclus surveyed the used car market of all metropolitan areas in Singapore to establish a pricing profile of various Dacia models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Lodgy (or to be sure to not be overcharged when purchasing a Dacia Lodgy) it is useful to understand all price-establishing factors.
Singapore is a city with a current population of 3547809 inhabitants. However, it is hard to find more than five Dacia Lodgy on the used car market there. Therefore, the supply is small and the demand depends on various of parameters for example brand reputation, mileage, and used car pricing.
As seen below, cars of the make Dacia and specially of their model Lodgy depreciate in a very standard manner. The average asking price of the Lodgy will be decreased by 13% ($13,681) after just 1 year. After three years, the car typically is valued at 62% of its original asking price ($9,575) while it will only be worth 27% of the MSRP after 7 years ($4,337). The Lodgy's value after twelve years is only 13% of its initial price depending on its condition of course.
One more way to describe vehicle depreciation is to study the decrease of value over kilometers driven. The Dacia Lodgy depreciation curve below describes this phenomenon for Singapore. The Lodgy looses most of its resell price (ca 50%) within the first 30,000km of its mileage. The mean price for a Lodgy at that mileage is ca $8,831. After that the depreciation plateaus: at 90k kilometers the Dacia Lodgy is valued for $4,882 in Singapore and for $2,459 at 180k km of mileage.
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 devaluation of a Dacia Lodgy according to its year and its condition.
|Vehicle Year||Dacia Lodgy Condition|
|Dacia Lodgy variations:|