Cadillac Escalade in Suwon-si

Cadillac Escalade for sale in Suwon-si (South Korea)

Are you currently looking to buy (or sell) a Cadillac Escalade in Suwon-si? Vehiclus surveyed the used automotive market of all metropolitan areas in South Korea to determine a pricing profile of various Cadillac models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Escalade (or to be certain to not be overcharged when purchasing a Cadillac Escalade) it is of value to understand most price-establishing variables.

Supply and Demand of Cadillac Escalade on the local auto market

Suwon-si is a city with 1242724 inhabitants. However, it is hard to find more than a handful Cadillac Escalade on the market . That's why the supply is little and the demand depends on various of factors for example car model reputation, fuel mileage, and reliability.

Price Devaluation Curve of the Escalade in Suwon-si

As described in the figure below, cars of the make Cadillac and especially of the model Escalade loose their value in a very average way. The average asking price of the Escalade will be lowered by up to 14% ($28,402) after only one year. After three years, the car usually is sold for approximately 64% of its original asking price ($20,430) while it will only be valued at 31% of the original price after 7 years ($9,182). The Escalade's value after twelve years is only 10% of its initial price depending on its condition of course.


Depreciation according to mileage

Another way to analyze vehicle depreciation is to study the loss of value vs kilometers driven. The Cadillac Escalade depreciation curve below describes this phenomenon for Suwon-si. The Escalade looses most of its value (~ 45%) within the first 30,000km driven. The mean price for a Escalade at that usage level is ca $18,279. After that the devaluation slows down: at 90k kilometers the Cadillac Escalade is priced for $10,633 in Suwon-si and for $5,264 at 180,000km driven.

Cadillac Escalade price depending on condition (fair, good, excellent)

The last value that heavily influences the price of a second-hand car is the technical and optical condition of the vehicle. The table below lists the deflation of a Cadillac Escalade according to its year and its condition.

Vehicle Year Cadillac Escalade Condition
fair good excellent
2017$32,189$32,293$32,396
2016$28,307$28,398$28,489
2015$24,701$24,780$24,859
2014$21,369$21,438$21,506
2013$18,313$18,372$18,430
2012$15,532$15,582$15,632
2011$13,027$13,069$13,110
2010$10,797$10,831$10,866
2009$8,842$8,870$8,899
2008$7,163$7,186$7,208
2007$5,758$5,777$5,795
2006$4,630$4,645$4,659
2005$3,776$3,788$3,800
2004$3,198$3,208$3,219
2003$2,895$2,905$2,914
2002$2,868$2,877$2,886

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Cadillac Escalade variations:
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ESCALADE HYBRID
ESCALADE
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