Are you currently in the market to buy (or sell) a Citroen Berlingo in Ibadan? Vehiclus surveyed the local used auto market of all towns in Nigeria to determine a pricing profile of various Citroen models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your Berlingo (or to be sure to not be ripped off when buying a Citroen Berlingo) it is a good idea to learn most value-determining variables.
Ibadan is a town with currently 3565108 inhabitants. However, it is hard to find more than three Citroen Berlingo on the used car market . That's why the supply is little and the demand depends on various of factors e.g. maintenance costs, brand popularity, and used car pricing.
As seen below, cars of the make Citroen and specially of the model Berlingo devaluate in a very normal fashion. The average price of the Berlingo will be lowered by up to 14% ($25,174) after only 1 year. After three years, the car usually is valued at 64% of its initial selling price ($17,615) while it will only be priced at 29% of the MSRP after 7 years ($7,301). The Berlingo's value after twelve years is only 10% of its original price depending on its condition of course.
Another way to describe vehicle depreciation is to study the decrease of value over mileage. The Citroen Berlingo depreciation curve below illustrates this phenomenon for the city of Ibadan. The Berlingo looses most of its value (ca 50%) within the first 30k kilometers of its mileage. The average price for a Berlingo at that usage level is $16,353. After that the depreciation plateaus: at 90k kilometers the Citroen Berlingo is priced for $9,078 in Ibadan and for $3,886 at 180,000km .
The last factor that significantly determines the selling price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Citroen Berlingo according to its year and its condition.
|Vehicle Year||Citroen Berlingo Condition|
|Citroen Berlingo variations:|
|BERLINGO 1.6HDI (90ch)|
|BERLINGO 1.6HDi (110ch) FAP|
|BERLINGO 1.4i GPL|
|BERLINGO AirDream 1.6HDI (92ch) FAP|
|BERLINGO 1.6i 16V (90ch)|
|BERLINGO FIRST 1.4i GNV|
|BERLINGO 1.6HDi (110ch) FAP 140g|
|BERLINGO 1.6HDi (110ch) FAP 140gr|
|BERLINGO 1.4i GNV|
|BERLINGO 1.6i 16V (110ch) 7PL|
|BERLINGO 1.6HDI (92ch) FAP 7PL|
|BERLINGO 1.6HDI (92ch) 7PL|
|BERLINGO 1.6HDi (110ch) FAP 7PL|
|BERLINGO 1.6HDI (92ch)|
|BERLINGO 1.6HDI (92ch) FAP 140gr|
|BERLINGO MODUTOP 1.9D|
|BERLINGO 1.6HDI (75ch)|
|BERLINGO 1.6i 16V (110ch)|
|BERLINGO 1.6i 16V|