Are you in the market to buy (or sell) a Kia Sephia in Yiyang? Vehiclus studied the used auto market of all metropolitan areas in China to determine a pricing profile of various Kia models depending on their age, technical condition, optical condition, and mileage. In order to maximize your earnings when selling your Sephia (or to make sure to not be ripped off when purchasing a Kia Sephia) it is a good idea to know all price-determining factors.
Yiyang is a metropolitan area with a population of 202608 inhabitants. However, it is hard to find more than a handful Kia Sephia on the market at the same time. Hence, the supply is small and the demand depends on a multitude of parameters for example brand reputation, mileage, and reliability.
As seen below, cars of the make Kia and specially of their model Sephia devaluate in a very usual process. The mean value of the Sephia will be lowered by 13% ($21,563) after only one year. After three years, the car usually is valued at 63% of its original selling price ($15,443) while it will only be valued at 28% of the original price after 7 years ($6,166). The Sephia's value after 12 years is only 11% of its first price depending on its condition of course.
One more way to describe car depreciation is to study the loss of value over kilometers driven. The Kia Sephia depreciation curve below illustrates this phenomenon for the city of Yiyang. The Sephia looses most of its resell price (~ 50%) within the first 30k kilometers driven. The typical price for a Sephia at that usage level is $13,947. After that the devaluation slows down: at 90,000km the Kia Sephia is priced for $8,074 in Yiyang and for $3,219 at 180,000km .
The last value that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Kia Sephia according to its year and its condition.
| Vehicle Year | Kia Sephia Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $18,668 | $21,519 | $24,370 |
| 2016 | $16,417 | $18,924 | $21,431 |
| 2015 | $14,325 | $16,513 | $18,701 |
| 2014 | $12,393 | $14,286 | $16,178 |
| 2013 | $10,621 | $12,243 | $13,865 |
| 2012 | $9,008 | $10,384 | $11,759 |
| 2011 | $7,555 | $8,709 | $9,863 |
| 2010 | $6,262 | $7,218 | $8,174 |
| 2009 | $5,128 | $5,911 | $6,694 |
| 2008 | $4,154 | $4,788 | $5,423 |
| 2007 | $3,339 | $3,850 | $4,360 |
| 2006 | $2,685 | $3,095 | $3,505 |
| 2005 | $2,190 | $2,524 | $2,859 |
| 2004 | $1,855 | $2,138 | $2,421 |
| 2003 | $1,679 | $1,935 | $2,192 |
| 2002 | $1,663 | $1,917 | $2,171 |
| Kia Sephia variations: |
|---|
| SEPHIA 4P 1600 |
| SEPHIA 4P |
| SEPHIA 1600 4P BVA |
| SEPHIA 1600 4P |
| SEPHIA 4P BVA |
| SEPHIA 4P 1600 BVA |