Are you currently in the market to buy (or sell) a Ford Galaxy in Ibadan? Vehiclus analyzed the local used auto market of all towns in Nigeria to determine a pricing profile of various Ford models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Galaxy (or to be sure to not overpay when purchasing a Ford Galaxy) it is useful to know most value-determining variables.
Ibadan is a town with a current population of 3565108 people. Nevertheless, there are usually not many Ford Galaxy available on the market. That's why the supply is little and the demand depends on a multitude of parameters such as brand reputation, brand popularity, and used car pricing.
As pictured below, cars of the car manufacturer Ford and especially of their model Galaxy depreciate in a very conventional fashion. The mean price of the Galaxy will be decreased by 14% ($25,428) after just one year. After three years, the car typically costs only 62% of its original selling price ($18,114) while it will only be valued at 29% of the MSRP after 7 years ($7,909). The Galaxy's value after 12 years is only 11% of its initial price depending on its condition of course.
One more way to quantify vehicle depreciation is to study the loss of value vs kilometers driven. The Ford Galaxy depreciation curve below shows this phenomenon for the city of Ibadan. The Galaxy looses most of its value (~ 50%) within the first 30k kilometers driven. The average price for a Galaxy at that mileage is approximately $16,548. After that the devaluation plateaus: at 90,000km the Ford Galaxy is sold for $9,521 in Ibadan and for $4,472 at 180k km of mileage.
The last parameter that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Ford Galaxy according to its year and its condition.
|Vehicle Year||Ford Galaxy Condition|
|Ford Galaxy variations:|
|GALAXY 1.9TDi BVA|
|GALAXY 1900 TDi (155ch)|
|GALAXY II 1800 TDCi (125ch)|
|GALAXY 2.8L BVA|
|GALAXY 2800 V6 24V (204ch)|
|GALAXY 1900 TDi 155|
|GALAXY 1900 TDi (130ch)|
|GALAXY 2000 (115ch)|
|GALAXY II 2000 TDCi (140ch)|
|GALAXY 2.8L V6 24V (204ch) SELECT-SHIFT|
|GALAXY II 2000 (145ch) BIOFLEX|
|GALAXY II 2300 (160ch) BVA6|
|GALAXY II 2000 TDCi (140ch) BVA6 FAP|
|GALAXY 1900 TDi (115ch)|
|GALAXY 1900 TDi (115ch) SELECT-SHIFT|
|GALAXY II 2200 TDCi (175ch) FAP|
|GALAXY II 2000 TDCi (140ch) FAP|
|GALAXY 2.3L (145ch)|
|GALAXY II 2000 (145ch)|
|GALAXY 2300 (145ch)|
|GALAXY 1900 TDi (90ch)|
|GALAXY 2800 V6 24V (204ch) SELECT-SHIFT|
|GALAXY 2.0L (115ch)|
|GALAXY 2.3L (145ch) SELECT-SHIFT|
|GALAXY 2300 (145ch) SELECT-SHIFT|
|GALAXY 2.3L BVA|
|GALAXY 2.8L V6 24V (204ch)|