Are you currently looking to buy (or sell) a Opel Frontera in Ibadan? Vehiclus analyzed the used car market of all metropolitan areas in Nigeria to establish a pricing profile of various Opel models depending on their age, technical condition, optical condition, and mileage. If you want to maximize your profits when selling your Frontera (or to be certain to not be ripped off when purchasing a Opel Frontera) it is of value to understand most price-determining variables.
Ibadan is a metropolitan area with 3565108 inhabitants. However, there are usually not many Opel Frontera for purchase on the market. That's why the supply is little and the demand depends on various of parameters such as car model reputation, brand popularity, and used car pricing.
As illustrated in the figure below, cars of the manufacturer Opel and specially of the model Frontera depreciate in a very predictable way. The average value of the Frontera will be decreased by 13% ($28,479) after only 1 year. After 3 years, the car typically is sold for approximately 63% of its original selling price ($20,650) while it will only be valued at 29% of the original price after 7 years ($9,220). The Frontera's value after twelve years is only 12% of its original price depending on its condition of course.
One more way to describe vehicle depreciation is to study the decrease of value over miles driven. The Opel Frontera depreciation curve below shows this phenomenon for the city of Ibadan. The Frontera looses most of its resell price (~ 46%) within the first 30,000km of its mileage. The average price for a Frontera at that usage level is ca $18,384. After that the depreciation plateaus: at 90k kilometers the Opel Frontera is valued for $10,881 in Ibadan and for $5,312 at 180k kilometers of mileage.
The last value that heavily impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Opel Frontera according to its year and its condition.
|Vehicle Year||Opel Frontera Condition|
|Opel Frontera variations:|
|FRONTERA COURT 2.2DTI 16V BVA|
|FRONTERA LONG 2.2DTI 16V|
|FRONTERA LONG 3.2L V6 24V|
|FRONTERA COURT 2.2DTI 16V|
|FRONTERA LONG 2.2Dti 16V|
|FRONTERA LONG 2.2DTI 16V BVA|
|FRONTERA COURT 3.2L V6 24V|
|FRONTERA LONG 3.2L V6 24V BVA|
|FRONTERA COURT 2.2Dti 16V|