Chevrolet Trax in Abeokuta

Chevrolet Trax for sale in Abeokuta (Nigeria)

Are you looking to buy (or sell) a Chevrolet Trax in Abeokuta? Vehiclus analyzed the local used auto market of all cities in Nigeria to determine a pricing profile of various Chevrolet models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Trax (or to be certain to not be overcharged when buying a Chevrolet Trax) it is of value to understand most price-establishing factors.

Supply and Demand of Chevrolet Trax on the local car market

Abeokuta is a town with currently 593100 inhabitants. However, it is hard to find more than a dozen Chevrolet Trax on the local car market at the same time. Hence, the supply is little and the demand depends on a multitude of parameters such as maintenance costs, brand popularity, and used car pricing.

Price Devaluation Curve of the Trax in Abeokuta

As illustrated in the figure below, cars of the manufacturer Chevrolet and especially of the model Trax depreciate in a very usual process. The mean selling price of the Trax will be decreased by 14% ($24,619) after only one year. After three years, the car usually goes for only 63% of its original asking price ($18,253) while it will only be priced at 31% of the original price after 7 years ($7,530). The Trax's value after twelve years is only 11% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to describe car depreciation is to study the loss of value vs kilometers driven. The Chevrolet Trax depreciation curve below shows this phenomenon for Abeokuta. The Trax looses most of its value (approximately 46%) within the first 30k kilometers of its mileage. The mean price for a Trax at that mileage is $15,764. After that the devaluation plateaus: at 90k kilometers the Chevrolet Trax is valued for $9,683 in Abeokuta and for $4,103 at 180k kilometers of mileage.

Chevrolet Trax price depending on condition (fair, good, excellent)

The last value that significantly effects the price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Chevrolet Trax according to its year and its condition.

Vehicle Year Chevrolet Trax Condition
fair good excellent
2017$21,438$24,888$28,339
2016$18,852$21,887$24,921
2015$16,450$19,098$21,746
2014$14,231$16,522$18,813
2013$12,196$14,159$16,122
2012$10,344$12,009$13,674
2011$8,676$10,072$11,469
2010$7,190$8,348$9,505
2009$5,889$6,836$7,784
2008$4,770$5,538$6,306
2007$3,835$4,452$5,070
2006$3,083$3,579$4,076
2005$2,515$2,920$3,324
2004$2,130$2,473$2,815
2003$1,928$2,238$2,549
2002$1,910$2,217$2,525

Enter vehicle make, model and city of interest:


Audi
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Kia
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starting at
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Honda
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starting at
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in Dabwali (IN)
Chevrolet Trax variations: