Mitsubishi Space in Zhu Cheng City

Mitsubishi Space for sale in Zhu Cheng City (China)

Are you currently looking to buy (or sell) a Mitsubishi Space in Zhu Cheng City? Vehiclus studied the used car market of all metropolitan areas in China to establish a pricing profile of various Mitsubishi models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your profits when selling your Space (or to be sure to not be ripped off when purchasing a Mitsubishi Space) it is very recommended to learn most price-establishing variables.

Supply and Demand of Mitsubishi Space on the local vehicle market

Zhu Cheng City is a city with a current population of 1000000 . However, it is hard to find more than five Mitsubishi Space on the local car market at the same time. That's why the supply is not high and the demand depends on various of parameters e.g. season, brand popularity, and used car pricing.

Price Devaluation Curve of the Space in Zhu Cheng City

As seen below, cars of the car manufacturer Mitsubishi and specially of the model Space depreciate in a very average process. The average value of the Space will be lowered by up to 13% ($40,434) after only 1 year. After three years, the car typically is valued at 62% of its original selling price ($29,189) while it will only be worth 29% of the original price after 7 years ($13,472). The Space's value after twelve years is only 13% of its initial price depending on its condition of course.


Depreciation according to mileage

One more way to analyze car depreciation is to examine the decrease of value over kilometers driven. The Mitsubishi Space depreciation curve below describes this phenomenon for the city of Zhu Cheng City. The Space looses most of its value (approximately 50%) within the first 30,000km of its mileage. The typical price for a Space at that usage level is approximately $26,006. After that the depreciation plateaus: at 90,000km the Mitsubishi Space is priced for $15,226 in Zhu Cheng City and for $7,887 at 180k kilometers .

Mitsubishi Space price depending on condition (fair, good, excellent)

The last value that significantly effects 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 Mitsubishi Space according to its year and its condition.

Vehicle Year Mitsubishi Space Condition
fair good excellent
2017$44,415$45,296$46,177
2016$39,059$39,833$40,608
2015$34,082$34,758$35,434
2014$29,486$30,070$30,655
2013$25,269$25,770$26,271
2012$21,432$21,857$22,282
2011$17,975$18,331$18,688
2010$14,898$15,193$15,489
2009$12,201$12,442$12,684
2008$9,883$10,079$10,275
2007$7,946$8,103$8,261
2006$6,388$6,515$6,642
2005$5,211$5,314$5,417
2004$4,413$4,500$4,588
2003$3,995$4,074$4,154
2002$3,957$4,036$4,114

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Mitsubishi Space variations:
SPACE STAR 1.6 COMFORT
SPACE STAR 1.6L BVA
SPACE STAR 1.9DI-D (115ch)
SPACE STAR 1.9DI-D (102ch)
SPACE STAR 1.8GDI BVA
SPACE STAR
SPACE STAR 1.3
SPACE STAR 1.9DI-D COMFORT
SPACE STAR 1.9DI-D
SPACE STAR 1.6 COMFORT BVA
SPACE STAR 1.6L
SPACE STAR 1.6
SPACE STAR 1.8GDI
SPACE STAR 1.3L