Are you looking to buy (or sell) a Dodge Journey in Madrid? Vehiclus studied the used auto market of all towns in Spain to determine a pricing profile of various Dodge models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your Journey (or to make sure to not be overcharged when purchasing a Dodge Journey) it is very recommended to learn most value-determining factors.
Madrid is a town with currently 3255944 inhabitants. However, there are usually not many Dodge Journey for purchase on the market. Therefore, the supply is small and the demand depends on a multitude of parameters such as maintenance costs, brand popularity, and brand competetivness.
As illustrated in the figure below, cars of the manufacturer Dodge and especially of the model Journey depreciate in a very standard process. The mean value of the Journey will be lowered by 13% ($22,671) after only 1 year. After 3 years, the car usually is valued at 64% of its initial asking price ($16,845) while it will only be priced at 32% of the MSRP after 7 years ($6,869). The Journey's value after 12 years is only 12% of its original price depending on its condition of course.
Another way to analyze vehicle depreciation is to examine the decrease of value vs miles driven. The Dodge Journey depreciation curve below shows this phenomenon for Madrid. The Journey looses most of its value (~ 46%) within the first 30,000km of its mileage. The average price for a Journey at that mileage is $14,470. After that the devaluation slows down: at 90k km the Dodge Journey is priced for $8,909 in Madrid and for $3,695 at 180,000km of mileage.
The last parameter that heavily effects the price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Dodge Journey according to its year and its condition.
|Vehicle Year||Dodge Journey Condition|
|Dodge Journey variations:|
|JOURNEY 2.0L CRD FAP BM|
|JOURNEY 2.0L BVM6|
|JOURNEY 2.0L BVA6 FAP|
|JOURNEY 2.0L BVM6 FAP|
|JOURNEY 2.0L BVA6|
|JOURNEY 2.0L CRD FAP BA|