Car price tracker
Track car prices and stay informed on market trends with our comprehensive car pricing tool. See historical prices and compare models to make an informed decision on your next vehicle purchase. Find the best deal on your dream car today!
DAEWOO - Lanos (2002)
For anyone weighing the appeal of a practical sedan that combines affordability with a robust build, the DAEWOO Lanos is a standout choice. Born in the early 2000s as a compact executive sedan, the 2002 model carries a blend of traditional design, solid engineering, and a price point that keeps many buyers coming back. Curious about the DAEWOO Lanos price? Readers quickly discover that the value largely hinges on mileage, maintenance history, and regional market fluctuations. Yet, the core appeal—addressed in the 2002's specs—lends itself to a wide audience seeking economical daily transportation.
Key Specifications (2002 DAEWOO Lanos)
- Engine: 1.4 L 16-valve SOHC inline‑4, 88 hp (65 kW) at 5,800 rpm, 130 Nm torque at 3,600 rpm.
- Transmission: 5‑speed manual (fully automatic variants available in later years).
- Fuel Type: Petrol; 87 / 88 octane required for optimal performance.
- Dimensions: Length 4,205 mm, width 1,660 mm, height 1,410 mm. Wheelbase 2,530 mm.
- Cabin: Comfortable seating for five, 5.2 L of trunk volume.
- Powertrain: Front‑engine, front‑wheel drive.
- Typical Fuel Consumption: 6.5–7.0 L/100 km (combined).
- Safety Features: Dual front airbags, ABS with EBD, seat‑belt reminders.
When researching the DAEWOO Lanos 2002 price, potential owners can reference the above details to spot over‑spec or under‑spec variations—such as the presence of power steering or upgraded seat upholstery—that might shift value. In many markets, the 2002 model remains popular in the compact sedan segment, often chosen by first‑time car buyers, small business owners, and commuters needing a reliable, low‑maintenance vehicle.
Depreciation Insight: How the DAEWOO Lanos Loses Value Over Time
Car depreciation is almost inevitable, yet the rate can reveal a lot about a vehicle's longevity and resale health. For the DAEWOO Lanos, the depreciation curve follows a fairly predictable pattern:
- Initial year – the car typically loses 15‑20 % of its value after the first 12 months.
- Years 2–3 – a combined drop of 25‑30 % on the new‑to‑used price.
- Years 4–5 – value stabilizes, with a further 10‑15 % decline, depending on mileage and upkeep.
- Beyond 5 years – the vehicle often trades hands in the 5‑10 % per year range, assuming regular servicing.
Notably, DAEWOO Lanos depreciation assessments have indicated that the model’s lightweight chassis and efficient engine help preserve its appeal beyond early years, especially when maintained on a routine service schedule. In contrast, models with more advanced powertrains or upgraded interiors experience steeper drops.
Market Position and Comparison Context
While the DAEWOO Lanos opens the door to the budget sedan market, it stays competitive against contemporaries such as the Hyundai i20, Kia Rio, and Toyota Corolla. For instance, while the i20 offers slightly more power and a more premium interior at a comparable price point, the Lanos remains a favorite among those prioritizing fuel efficiency and ease of maintenance. Brand loyalty in South Korea and parts of Southeast Asia also pushes the Lanos ahead of rivals with similar specs.
Compared to similar models, the Lanos brings advantages in:
- Lower initial DAEWOO Lanos price relative to a new dealership incentive on newer models.
- Compact dimensions allowing easier navigation in congested city centers.
- Reliable mechanical parts that are widely available.
Those who huddle up for financing see the Lanos as an appealing balance between cost and serviceability—a fact significant when constructing a budget fleet over time.
What Is a 2002 DAEWOO Lanos Worth?
Answering the perennial question of what a 2002 DAEWOO Lanos worth demands a nuanced look at a few variables:
- Mileage: Below 100,000 km generally improves value.
- Condition: A clean interior and well‑logged service history preserve consumer confidence.
- Regional demand: In markets with limited new sedan options, used Lanos can command a premium.
- Trim level
Last 20 car trackeds
Last tracked date Status Price Price rank Link 4 years ago used €2,050.00 Unlock all links 4 years ago used €2,050.00 Unlock all links 4 years ago used €990.00 Unlock all links 4 years ago used €990.00 Unlock all links 4 years ago used €990.00 Unlock all links 4 years ago used €990.00 Unlock all links 4 years ago used €990.00 Unlock all links Note that old links may not work