Suzuki Grand for sale in Suncheon (South Korea)

Are you looking to buy (or sell) a Suzuki Grand in Suncheon? Vehiclus surveyed the local used automotive market of all metropolitan areas in South Korea to establish a pricing profile of various Suzuki models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Grand (or to be sure to not be ripped off when buying a Suzuki Grand) it is useful to learn most price-determining factors.

Supply and Demand of Suzuki Grand on the local car market

Suncheon is a town with a population of 230796 inhabitants. However, it is hard to find more than a dozen Suzuki Grand on the local car market . Therefore, the supply is not high and the demand depends on a multitude of factors e.g. car model reputation, mileage, and reliability.

Price Devaluation Curve of the Grand in Suncheon

As shown below, cars of the car manufacturer Suzuki and especially of the model Grand loose their value in a very conventional process. The average value of the Grand will be decreased by 14% ($17,231) after only 1 year. After three years, the car usually costs only 61% of its original selling price ($12,537) while it will only be priced at 27% of the MSRP after 7 years ($5,552). The Grand's value after 12 years is only 10% of its original price depending on its condition of course.

Depreciation according to mileage

One more way to analyze vehicle depreciation is to look at the decrease of value vs miles driven. The Suzuki Grand depreciation curve below illustrates this phenomenon for Suncheon. The Grand looses most of its resell price (~ 46%) within the first 30,000km of its mileage. The average price for a Grand at that usage level is ca $11,069. After that the devaluation slows down: at 90k kilometers the Suzuki Grand is valued for $6,573 in Suncheon and for $3,166 at 180k kilometers .

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

The last value that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Suzuki Grand according to its year and its condition.

Vehicle Year	Suzuki Grand Condition
	fair	good	excellent
2017	$17,867	$18,794	$19,720
2016	$15,712	$16,527	$17,342
2015	$13,710	$14,421	$15,133
2014	$11,861	$12,476	$13,092
2013	$10,165	$10,692	$11,219
2012	$8,621	$9,068	$9,516
2011	$7,231	$7,606	$7,981
2010	$5,993	$6,304	$6,614
2009	$4,908	$5,162	$5,417
2008	$3,976	$4,182	$4,388
2007	$3,196	$3,362	$3,528
2006	$2,570	$2,703	$2,836
2005	$2,096	$2,205	$2,313
2004	$1,775	$1,867	$1,959
2003	$1,607	$1,690	$1,774
2002	$1,592	$1,674	$1,757