BMW Z4 in Abeokuta

BMW Z4 for sale in Abeokuta (Nigeria)

Are you currently in the market to buy (or sell) a BMW Z4 in Abeokuta? Vehiclus surveyed the local used automotive market of all metropolitan areas in Nigeria to establish a pricing profile of various BMW models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your Z4 (or to be certain to not be ripped off when purchasing a BMW Z4) it is useful to understand all price-determining variables.

Supply and Demand of BMW Z4 on the local car market

Abeokuta is a metropolitan area with currently 593100 inhabitants. However, there are not many BMW Z4 for sale on the market. Therefore, the supply is small and the demand depends on various of factors e.g. season, brand popularity, and brand competetivness.

Price Devaluation Curve of the Z4 in Abeokuta

As seen below, cars of the car manufacturer BMW and specially of the model Z4 loose their value in a very customary manner. The average value of the Z4 will be lowered by 14% ($55,892) after just 1 year. After 3 years, the car typically costs only 63% of its initial asking price ($40,220) while it will only be worth 29% of the original price after 7 years ($17,990). The Z4's value after twelve years is only 11% of its initial price depending on its condition of course.


Depreciation according to mileage

Another way to describe car depreciation is to study the loss of value over mileage. The BMW Z4 depreciation curve below illustrates this phenomenon for Abeokuta. The Z4 looses most of its value (ca 46%) within the first 30k kilometers of its mileage. The average price for a Z4 at that mileage is ca $36,194. After that the depreciation plateaus: at 90k kilometers the BMW Z4 is valued for $21,157 in Abeokuta and for $10,365 at 180,000km driven.

BMW Z4 price depending on condition (fair, good, excellent)

The last parameter that heavily influences the price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a BMW Z4 according to its year and its condition.

Vehicle Year BMW Z4 Condition
fair good excellent
2017$44,886$53,964$63,041
2016$39,473$47,456$55,438
2015$34,444$41,409$48,374
2014$29,798$35,824$41,850
2013$25,537$30,701$35,865
2012$21,659$26,039$30,419
2011$18,166$21,839$25,513
2010$15,056$18,100$21,145
2009$12,330$14,823$17,317
2008$9,988$12,008$14,028
2007$8,030$9,654$11,278
2006$6,456$7,762$9,067
2005$5,266$6,331$7,396
2004$4,460$5,362$6,264
2003$4,037$4,854$5,671
2002$3,999$4,808$5,617

Enter vehicle make, model and city of interest:


Daewoo
Musso
starting at
$6,530
in Kwangmyong (KR)
Hyundai
IX20
starting at
$4,835
in Surprise (US)
Toyota
Rav4
starting at
$10,710
in Montcada i Reixac (ES)
BMW Z4 variations:
Z4 2.2i
Z4 2.0i
Z4 2.5i BVA
Z4 3.0i
Z4 3.0i BVA
Z4 2.2i BVA
Z4 3.0si COUPE
Z4 2.5i
Z4 2.0i ROADSTER
Z4 M COUPE
Z4 sDrive23i
Z4 2.5si ROADSTER
Z4 3.0si ROADSTER
Z4 2.5i ROADSTER
Z4 M ROADSTER
Z4 sDrive30i
Z4 sDrive35i