Kia Opirius in Ibadan

Kia Opirius for sale in Ibadan (Nigeria)

Are you currently in the market to buy (or sell) a Kia Opirius in Ibadan? Vehiclus studied the local used automotive market of all towns in Nigeria to establish a pricing profile of various Kia models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your Opirius (or to make sure to not overpay when buying a Kia Opirius) it is of value to know all price-establishing variables.

Supply and Demand of Kia Opirius on the local car market

Ibadan is a city with a population of 3565108 inhabitants. However, it is hard to find more than a handful Kia Opirius on the local car market . Therefore, the supply is small and the demand depends on various of parameters e.g. maintenance costs, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Opirius in Ibadan

As described in the figure below, cars of the car manufacturer Kia and especially of the model Opirius depreciate in a very standard way. The mean selling price of the Opirius will be lowered by up to 13% ($26,217) after just 1 year. After 3 years, the car usually costs only 63% of its initial selling price ($18,807) while it will only be valued at 28% of the MSRP after 7 years ($8,676). The Opirius's value after 12 years is only 13% of its first price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to analyze car depreciation is to study the decrease of value over kilometers driven. The Kia Opirius depreciation curve below describes this phenomenon for Ibadan. The Opirius looses most of its value (ca 46%) within the first 30,000km of its mileage. The average price for a Opirius at that usage level is $16,949. After that the depreciation plateaus: at 90k kilometers the Kia Opirius is priced for $9,837 in Ibadan and for $5,088 at 180,000km .

Kia Opirius price depending on condition (fair, good, excellent)

The last factor that significantly influences the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Kia Opirius according to its year and its condition.

Vehicle Year Kia Opirius Condition
fair good excellent
2017$23,519$26,590$29,661
2016$20,683$23,383$26,084
2015$18,047$20,404$22,761
2014$15,613$17,652$19,691
2013$13,380$15,128$16,875
2012$11,349$12,831$14,312
2011$9,518$10,761$12,004
2010$7,889$8,919$9,949
2009$6,460$7,304$8,148
2008$5,233$5,917$6,600
2007$4,207$4,757$5,306
2006$3,383$3,824$4,266
2005$2,759$3,119$3,480
2004$2,337$2,642$2,947
2003$2,115$2,392$2,668
2002$2,095$2,369$2,642

Enter vehicle make, model and city of interest:


Isuzu
Trooper
starting at
$8,399
in Wollongong (AU)
BMW
325d
starting at
$14,046
in Al Mukalla (YE)
Citroen
Jumpy
starting at
$11,762
in Palma Soriano (CU)
Kia Opirius variations:
OPIRIUS 3.8 V6 BVA