Are you looking to buy (or sell) a Citroen Nemo in Ibadan? Vehiclus analyzed the used car market of all cities in Nigeria to determine a pricing profile of various Citroen models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Nemo (or to be certain to not be ripped off when purchasing a Citroen Nemo) it is a good idea to learn all value-determining variables.
Ibadan is a city with 3565108 inhabitants. Nevertheless, it is hard to find more than a dozen Citroen Nemo on the used car market at the same time. Therefore, the supply is little and the demand depends on a multitude of factors such as maintenance costs, mileage, and reliability.
As seen below, cars of the make Citroen and especially of their model Nemo loose their value in a very standard manner. The average selling price of the Nemo will be decreased by 14% ($21,973) after only 1 year. After three years, the car usually goes for only 62% of its original asking price ($16,224) while it will only be worth 27% of the original price after 7 years ($6,669). The Nemo's value after 12 years is only 12% of its first price depending on its condition of course.
Another way to analyze car depreciation is to examine the decrease of value over mileage. The Citroen Nemo depreciation curve below shows this phenomenon for Ibadan. The Nemo looses most of its value (~ 46%) within the first 30k kilometers driven. The average price for a Nemo at that usage level is $14,020. After that the devaluation plateaus: at 90k km the Citroen Nemo is priced for $8,528 in Ibadan and for $3,591 at 180k km .
The last factor that heavily influences the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Citroen Nemo according to its year and its condition.
|Vehicle Year||Citroen Nemo Condition|
|Citroen Nemo variations:|
|Nemo HDi (70ch) Attraction AirDream|
|Nemo HDi (70ch) Confort SensoDrive AirDream|
|Nemo HDi 70 Airdream Confort|
|Nemo 1.4i Confort|
|Nemo 1.4i Attraction|
|Nemo HDi (70ch) Confort AirDream|
|Nemo HDi 70 Airdream Attraction|
|Nemo HDi 70 Airdream Confort SensoDrive|