I started by looking at the selling price of a similar 2023 Hongqi H5 I4 1.8L Turbo Charged Flagship with 15000 km mileage, which sold for 67500 SAR in February 2024. Given that the car to be estimated has a higher mileage of 81000 km, I expect its value to be lower due to the increased wear and tear. The 2021 model with a 2.0L engine sold for 46000 SAR in September 2024, but it had a different engine size and was in average condition, so it is less relevant. The listed price for a similar 2023 model with 48213 km is 68000 SAR, but listed prices are typically higher than actual selling prices. Considering the depreciation due to higher mileage and the time since the last sale, I adjusted the estimate downward from the 67500 SAR selling price.