Are you looking to buy (or sell) a Nissan Note in Ibadan? Vehiclus studied the used auto market of all cities in Nigeria to establish a pricing profile of various Nissan models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your Note (or to make sure to not be overcharged when buying a Nissan Note) it is very recommended to understand all price-determining factors.
Ibadan is a metropolitan area with currently 3565108 inhabitants. However, it is hard to find more than a handful Nissan Note on the car market there. Hence, the supply is little and the demand depends on a multitude of factors such as car model reputation, fuel mileage, and brand competetivness.
As shown below, cars of the car manufacturer Nissan and especially of the model Note loose their value in a very predictable fashion. The mean asking price of the Note will be decreased by up to 14% ($18,667) after only 1 year. After 3 years, the car typically is valued at 62% of its initial asking price ($13,999) while it will only be priced at 29% of the original price after 7 years ($6,082). The Note's value after 12 years is only 11% of its first 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 Nissan Note depreciation curve below illustrates this phenomenon for the city of Ibadan. The Note looses most of its value (ca 46%) within the first 20,000miles (30,000km) of its mileage. The average price for a Note at that mileage is approximately $11,988. After that the depreciation plateaus: at 90k kilometers the Nissan Note is valued for $7,535 in Ibadan and for $3,496 at 180k kilometers of mileage.
The last factor that significantly impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below lists the deflation of a Nissan Note according to its year and its condition.
|Vehicle Year||Nissan Note Condition|
|Nissan Note variations:|
|NOTE 1.5dCi (86ch) 115 g|
|NOTE 1.4L 139 g|
|NOTE 1.5dCi (68ch)|
|NOTE 1.5dCi (86ch)|
|NOTE 1.5dCi (106 ch)|
|NOTE 1.5dCi (86ch) 119 g|
|NOTE 1.6L BVA4|