Are you currently in the market to buy (or sell) a Fiat Sedici in Ibadan? Vehiclus analyzed the local used car market of all cities in Nigeria to determine a pricing profile of various Fiat models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Sedici (or to be sure to not overpay when purchasing a Fiat Sedici) it is useful to understand all price-determining factors.
Ibadan is a town with a population of 3565108 inhabitants. Nevertheless, there are not many Fiat Sedici for purchase on the market. Hence, the supply is not high and the demand depends on various of parameters e.g. season, fuel mileage, and used car pricing.
As described in the figure below, cars of the car manufacturer Fiat and especially of the model Sedici depreciate in a very average way. The mean price of the Sedici will be lowered by up to 13% ($14,520) after just 1 year. After three years, the car typically costs only 62% of its original selling price ($10,423) while it will only be worth 30% of the MSRP after 7 years ($4,737). The Sedici's value after twelve years is only 13% of its original price depending on its condition of course.
Another way to quantify vehicle depreciation is to examine the decrease of value vs mileage. The Fiat Sedici depreciation curve below shows this phenomenon for Ibadan. The Sedici looses most of its value (ca 45%) within the first 30,000km driven. The mean price for a Sedici at that usage level is approximately $9,391. After that the depreciation slows down: at 90k km the Fiat Sedici is sold for $5,460 in Ibadan and for $2,752 at 180k km .
The last parameter that heavily determines the selling price of a used car is the technical and optical condition of the vehicle. The table below lists the devaluation of a Fiat Sedici according to its year and its condition.
|Vehicle Year||Fiat Sedici Condition|
|Fiat Sedici variations:|
|SEDICI 1.6 16v 4x3|
|SEDICI 1.6 16v 4x1|
|SEDICI 1.9JTD 4X4|
|SEDICI 1.6 16v BVA|
|SEDICI 1.6 16v 4x2|
|SEDICI 1.6L 4X4|
|SEDICI 2.0 MultiJet (135ch) 4x2|
|SEDICI 1.6 16v 4x4|