Are you looking to buy (or sell) a Opel Antara in Ibadan? Vehiclus surveyed the used automotive market of all towns in Nigeria to determine a pricing profile of various Opel models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your Antara (or to be sure to not overpay when buying a Opel Antara) it is of value to know all price-determining factors.
Ibadan is a metropolitan area with 3565108 inhabitants. Nevertheless, it is hard to find more than three Opel Antara on the used 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 pictured below, cars of the car manufacturer Opel and specially of the model Antara loose their value in a very normal way. The mean price of the Antara will be decreased by 13% ($21,715) after only one year. After 3 years, the car typically costs only 60% of its original asking price ($15,766) while it will only be priced at 27% of the MSRP after 7 years ($6,961). The Antara's value after 12 years is only 10% of its original price depending on its condition of course.
One more way to quantify vehicle depreciation is to study the decrease of value vs kilometers driven. The Opel Antara depreciation curve below illustrates this phenomenon for Ibadan. The Antara looses most of its value (ca 50%) within the first 30,000km driven. The mean price for a Antara at that usage level is $13,824. After that the devaluation slows down: at 90k km the Opel Antara is valued for $8,129 in Ibadan and for $3,906 at 180,000km .
The last parameter that heavily influences the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Opel Antara according to its year and its condition.
|Vehicle Year||Opel Antara Condition|
|Opel Antara variations:|
|ANTARA 2.0L CDTI (127 ch) BVM5|
|ANTARA 2.0L CDTI (150 ch) BVA5|
|ANTARA 2.4L Ecotec BVM5 (4x2)|
|ANTARA 2.0L CDTI (150 ch) BVM5|
|ANTARA 2.0L CDTI BVA5 CLIM|
|ANTARA 2.0L CDTI 4x2 (127 ch) BVM5|
|ANTARA 3.2L V6 BVA5|
|ANTARA 2.0L CDTI 4x2 (150 ch) BVM5|
|ANTARA 2.4L Ecotec BVM5|
|ANTARA 2.0L CDTI BVM5 CLIM|