Are you looking to buy (or sell) a Audi S8 in Ibadan? Vehiclus analyzed the used automotive market of all towns in Nigeria to determine a pricing profile of various Audi models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your S8 (or to be sure to not be ripped off when buying a Audi S8) it is of value to know most value-determining factors.
Ibadan is a town with 3565108 inhabitants. Nevertheless, there are not many Audi S8 on the market. Therefore, the supply is little and the demand depends on various of parameters for example car model reputation, fuel mileage, and reliability.
As shown below, cars of the car manufacturer Audi and especially of their model S8 devaluate in a very average way. The average selling price of the S8 will be decreased by 14% ($73,605) after just one year. After three years, the car usually costs only 63% of its initial selling price ($55,421) while it will only be worth 32% of the MSRP after 7 years ($24,524). The S8's value after 12 years is only 11% of its original price depending on its condition of course.
One more way to analyze vehicle depreciation is to look at the loss of value over kilometers driven. The Audi S8 depreciation curve below shows this phenomenon for the city of Ibadan. The S8 looses most of its resell price (approximately 47%) within the first 20,000miles (30,000km) driven. The mean price for a S8 at that usage level is approximately $46,792. After that the depreciation slows down: at 90k km the Audi S8 is priced for $29,472 in Ibadan and for $14,145 at 180k km driven.
The last factor that significantly effects the sell price of a used car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Audi S8 according to its year and its condition.
|Vehicle Year||Audi S8 Condition|
|Audi S8 variations:|
|S8 4.2L (360ch) QUATTRO BV6|
|S8 4.2L (360ch) QUATTRO TIPTRONIC|
|S8 V10 5.2 FSI (450ch) QUATTRO TIPTRONIC|