Are you currently in the market to buy (or sell) a Dacia Logan in Ibadan? Vehiclus analyzed the local used automotive market of all cities in Nigeria to determine a pricing profile of various Dacia models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Logan (or to be certain to not be overcharged when purchasing a Dacia Logan) it is a good idea to know all price-establishing factors.
Ibadan is a town with a population of 3565108 inhabitants. Nevertheless, there are usually not many Dacia Logan for sale on the market. Hence, the supply is small and the demand depends on a multitude of factors such as brand reputation, mileage, and brand competetivness.
As illustrated in the figure below, cars of the car manufacturer Dacia and especially of their model Logan devaluate in a very average manner. The average asking price of the Logan will be decreased by up to 13% ($15,426) after just 1 year. After three years, the car typically is sold for about 60% of its original asking price ($10,942) while it will only be valued at 32% of the original price after 7 years ($5,105). The Logan's value after 12 years is only 11% of its original price depending on its condition of course.
One more way to quantify vehicle depreciation is to examine the loss of value over mileage. The Dacia Logan depreciation curve below describes this phenomenon for Ibadan. The Logan looses most of its value (~ 47%) within the first 30k km of its mileage. The mean price for a Logan at that usage level is approximately $9,981. After that the devaluation plateaus: at 90k kilometers the Dacia Logan is valued for $5,673 in Ibadan and for $2,998 at 180,000km driven.
The last value that significantly effects the sell price of a used car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Dacia Logan according to its year and its condition.
|Vehicle Year||Dacia Logan Condition|
|Dacia Logan variations:|
|LOGAN MCV 1.5L dCi 70 5PL|
|LOGAN MCV1.6L 16v 105 EURO 4 7PL|
|LOGAN MCV 1.6L MPI EURO 4 7PL|
|LOGAN MCV 1.6L MPI 90 5PL|
|LOGAN MCV 1.4L MPI 75 5PL|
|LOGAN 1.6L EURO 4|
|LOGAN MCV 1.5DCI (70ch) 7PL|
|LOGAN MCV 1.5DCI (85ch) 5PL|
|LOGAN 1.4L EURO 4|
|LOGAN 1.6L 16v (105ch)|
|LOGAN 1.6L 16 v 105 EURO 4 r|
|LOGAN MCV 1.6L 16v (105ch) 5PL|
|LOGAN MCV 1.5DCIi (70ch) 5PL|
|LOGAN MCV 1.5DCI (85ch) 7PL|
|LOGAN 1.5DCI (70ch)|
|LOGAN 1.5DCI (70ch) CA|
|LOGAN MCV 1.6L MPI (90ch) 5PL|
|LOGAN 1.4L MPI 75 EURO 4|
|LOGAN 1.6L MPI (90ch)|
|LOGAN 1.5dCi 70|
|LOGAN MCV 1.6L MPI (90ch) 7PL|
|LOGAN 1.4L MPI (75ch)|
|LOGAN MCV 1.4L MPI (75ch) 5PL|
|LOGAN 1.6L 5PL|
|LOGAN 1.5DCI (80ch)|
|LOGAN MCV 1.6L 16v (105ch) 7PL|
|LOGAN 1.5L dCi 70 EURO 4|
|LOGAN MCV 1.5dCi 70 7PL|