Fiat Bravo for sale in Ibadan (Nigeria)

Are you looking to buy (or sell) a Fiat Bravo in Ibadan? Vehiclus studied the used automotive market of all towns in Nigeria to establish a pricing profile of various Fiat models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your Bravo (or to be certain to not overpay when purchasing a Fiat Bravo) it is very recommended to learn most value-determining factors.

Supply and Demand of Fiat Bravo on the local car market

Ibadan is a metropolitan area with 3565108 inhabitants. However, there are not many Fiat Bravo for sale on the market. That's why the supply is small and the demand depends on various of factors such as brand reputation, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Bravo in Ibadan

As shown below, cars of the make Fiat and specially of the model Bravo depreciate in a very average process. The mean value of the Bravo will be lowered by 14% ($10,956) after just 1 year. After three years, the car typically goes for only 63% of its original selling price ($7,782) while it will only be worth 32% of the MSRP after 7 years ($3,551). The Bravo's value after twelve years is only 10% of its original price depending on its condition of course.

Depreciation according to mileage

Another way to analyze car depreciation is to look at the decrease of value vs kilometers driven. The Fiat Bravo depreciation curve below shows this phenomenon for the city of Ibadan. The Bravo looses most of its resell price (~ 47%) within the first 30k kilometers of its mileage. The typical price for a Bravo at that mileage is approximately $7,095. After that the devaluation plateaus: at 90k kilometers the Fiat Bravo is priced for $4,045 in Ibadan and for $2,056 at 180k kilometers .

Fiat Bravo price depending on condition (fair, good, excellent)

The last factor that significantly effects the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Fiat Bravo according to its year and its condition.

Vehicle Year	Fiat Bravo Condition
	fair	good	excellent
2017	$8,779	$10,568	$12,357
2016	$7,720	$9,293	$10,867
2015	$6,736	$8,109	$9,482
2014	$5,828	$7,015	$8,203
2013	$4,994	$6,012	$7,030
2012	$4,236	$5,099	$5,963
2011	$3,552	$4,277	$5,001
2010	$2,944	$3,544	$4,145
2009	$2,411	$2,903	$3,394
2008	$1,953	$2,351	$2,749
2007	$1,570	$1,890	$2,210
2006	$1,262	$1,520	$1,777
2005	$1,030	$1,239	$1,449
2004	$872	$1,050	$1,227
2003	$789	$950	$1,111
2002	$782	$941	$1,101