Are you currently looking to buy (or sell) a Cadillac ATS in Ibadan? Vehiclus surveyed the local used automotive market of all towns in Nigeria to establish a pricing profile of various Cadillac models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your ATS (or to be certain to not be overcharged when purchasing a Cadillac ATS) it is very recommended to learn most value-determining variables.
Ibadan is a city with a current population of 3565108 . However, there are usually not many Cadillac ATS for sale on the market. Therefore, the supply is not high and the demand depends on a multitude of parameters e.g. car model reputation, mileage, and used car pricing.
As seen below, cars of the car manufacturer Cadillac and especially of their model ATS depreciate in a very conventional way. The mean value of the ATS will be decreased by up to 13% ($31,630) after just one year. After three years, the car typically costs only 63% of its initial selling price ($22,902) while it will only be valued at 30% of the MSRP after 7 years ($9,838). The ATS's value after twelve years is only 10% of its original price depending on its condition of course.
Another way to analyze car depreciation is to look at the loss of value vs miles driven. The Cadillac ATS depreciation curve below illustrates this phenomenon for Ibadan. The ATS looses most of its value (ca 46%) within the first 30,000km of its mileage. The typical price for a ATS at that usage level is approximately $20,328. After that the depreciation plateaus: at 90k kilometers the Cadillac ATS is valued for $11,964 in Ibadan and for $5,463 at 180k kilometers .
The last value that heavily effects the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Cadillac ATS according to its year and its condition.
|Vehicle Year||Cadillac ATS Condition|
|Cadillac ATS variations:|