Mercedes CL in Ibadan

Mercedes CL for sale in Ibadan (Nigeria)

Are you currently in the market to buy (or sell) a Mercedes CL in Ibadan? Vehiclus analyzed the local used auto market of all towns in Nigeria to determine a pricing profile of various Mercedes models depending on their age, technical condition, optical condition, and mileage. To maximize your profits when selling your CL (or to be certain to not be ripped off when buying a Mercedes CL) it is highly recommended to know most value-determining factors.

Supply and Demand of Mercedes CL on the local vehicle market

Ibadan is a metropolitan area with a current population of 3565108 . Nevertheless, there are not many Mercedes CL for sale on the market. That's why the supply is small and the demand depends on a multitude of factors such as season, brand popularity, and reliability.

Price Devaluation Curve of the CL in Ibadan

As described in the figure below, cars of the make Mercedes and especially of the model CL devaluate in a very usual process. The average price of the CL will be lowered by 13% ($42,858) after only 1 year. After 3 years, the car usually costs only 61% of its initial selling price ($30,686) while it will only be priced at 32% of the original price after 7 years ($13,628). The CL's value after twelve years is only 10% of its initial price depending on its condition of course.


Depreciation according to vehicle mileage

One more way to quantify vehicle depreciation is to look at the decrease of value vs miles driven. The Mercedes CL depreciation curve below describes this phenomenon for the city of Ibadan. The CL looses most of its resell price (ca 46%) within the first 30,000km of its mileage. The typical price for a CL at that mileage is ca $27,466. After that the devaluation plateaus: at 90k km the Mercedes CL is valued for $15,790 in Ibadan and for $7,669 at 180,000km .

Mercedes CL price depending on condition (fair, good, excellent)

The last parameter that heavily influences 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 Mercedes CL according to its year and its condition.

Vehicle Year Mercedes CL Condition
fair good excellent
2017$39,142$44,202$49,261
2016$34,422$38,871$43,320
2015$30,036$33,918$37,801
2014$25,985$29,344$32,703
2013$22,269$25,147$28,026
2012$18,887$21,329$23,770
2011$15,841$17,888$19,936
2010$13,129$14,826$16,523
2009$10,752$12,142$13,532
2008$8,710$9,836$10,962
2007$7,002$7,908$8,813
2006$5,630$6,358$7,085
2005$4,592$5,186$5,779
2004$3,889$4,392$4,894
2003$3,521$3,976$4,431
2002$3,487$3,938$4,389

Enter vehicle make, model and city of interest:


Audi
A8
starting at
$28,559
in Etobicoke (CA)
Jeep
Wrangler
starting at
$14,850
in Otsu (JP)
Seat
Alhambra
starting at
$9,452
in Charleston (US)
Mercedes CL variations:
CL 500
CL 63 AMG
CL 500 ZAS BVA
CL 65 AMG
CL 500 BVA7
CL 63 AMG BVA7
CL 600
CL 600 BVA
CL 500 BVA
CL 55 AMG BVA
CL 65 AMG BVA
CL 600 BVA5
CL 500 4MATIC