Are you looking to buy (or sell) a Lancia Voyager in Ibadan? Vehiclus studied the used automotive market of all metropolitan areas in Nigeria to determine a pricing profile of various Lancia models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Voyager (or to be certain to not overpay when buying a Lancia Voyager) it is of value to understand most price-establishing factors.
Ibadan is a metropolitan area with currently 3565108 inhabitants. Nevertheless, there are usually not many Lancia Voyager available on the market. Therefore, the supply is little and the demand depends on a multitude of parameters for example season, mileage, and brand competetivness.
As illustrated in the figure below, cars of the make Lancia and especially of the model Voyager loose their value in a very conventional manner. The mean asking price of the Voyager will be lowered by up to 14% ($18,403) after just 1 year. After 3 years, the car usually costs only 63% of its original selling price ($13,361) while it will only be priced at 31% of the MSRP after 7 years ($5,945). The Voyager's value after 12 years is only 13% of its initial price depending on its condition of course.
One more way to describe car depreciation is to study the loss of value vs mileage. The Lancia Voyager depreciation curve below illustrates this phenomenon for Ibadan. The Voyager looses most of its resell price (~ 50%) within the first 30,000km of its mileage. The average price for a Voyager at that usage level is ca $11,826. After that the devaluation slows down: at 90,000km the Lancia Voyager is valued for $6,997 in Ibadan and for $3,399 at 180k km .
The last parameter that heavily effects the selling price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Lancia Voyager according to its year and its condition.
|Vehicle Year||Lancia Voyager Condition|
|Lancia Voyager variations:|