Peugeot 107 in Ibadan

Are you currently in the market to buy (or sell) a Peugeot 107 in Ibadan? Vehiclus surveyed the used car market of all cities in Nigeria to determine a pricing profile of various Peugeot models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your earnings when selling your 107 (or to be certain to not be overcharged when buying a Peugeot 107) it is useful to know most value-determining variables.

Ibadan is a metropolitan area with a current population of 3565108 people. However, it is hard to find more than three Peugeot 107 on the local car market there. Therefore, the supply is not high and the demand depends on a multitude of parameters for example car model reputation, fuel mileage, and reliability.

As described in the figure below, cars of the make Peugeot and specially of their model 107 devaluate in a very standard process. The mean selling price of the 107 will be decreased by up to 13% ($10,899) after just 1 year. After 3 years, the car typically is valued at 63% of its initial asking price ($7,788) while it will only be valued at 27% of the MSRP after 7 years ($3,449). The 107's value after twelve years is only 11% of its initial price depending on its condition of course.

Another way to analyze car depreciation is to study the loss of value over kilometers driven. The Peugeot 107 depreciation curve below illustrates this phenomenon for Ibadan. The 107 looses most of its value (approximately 50%) within the first 30,000km driven. The typical price for a 107 at that mileage is approximately $7,045. After that the devaluation plateaus: at 90,000km the Peugeot 107 is sold for $4,058 in Ibadan and for $1,957 at 180k km of mileage.

The last factor that heavily influences the price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Peugeot 107 according to its year and its condition.

Vehicle Year | Peugeot 107 Condition | ||
---|---|---|---|

fair | good | excellent | |

2017 | $9,856 | $11,095 | $12,333 |

2016 | $8,667 | $9,756 | $10,846 |

2015 | $7,563 | $8,513 | $9,464 |

2014 | $6,543 | $7,365 | $8,187 |

2013 | $5,607 | $6,312 | $7,016 |

2012 | $4,756 | $5,353 | $5,951 |

2011 | $3,988 | $4,490 | $4,991 |

2010 | $3,306 | $3,721 | $4,137 |

2009 | $2,707 | $3,047 | $3,388 |

2008 | $2,193 | $2,468 | $2,744 |

2007 | $1,763 | $1,984 | $2,206 |

2006 | $1,417 | $1,595 | $1,774 |

2005 | $1,156 | $1,301 | $1,447 |

2004 | $979 | $1,102 | $1,225 |

2003 | $886 | $998 | $1,109 |

2002 | $878 | $988 | $1,098 |

Peugeot 107 variations: |
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107 3P 1.0e 12V 2-tronic Blue Lion |

107 5P 1.0e 12V Blue Lion |

107 5P 1.4HDi |

107 3P 1.0e 12V Blue Lion |

107 3P trendy 1.0e 12V 2-tronic |

107 3P 1.0e |

107 3P 1.0e 12V 2-tronic |

107 trendy 5P 1.0e 12V 2-tronic |

107 3P 1.0e Blue Lion |

107 5P 1.4HDi Blue Lion |

107 5P 1.0e 12V |

107 5P 1.0e 2-tronic Blue Lion |

107 3P 1.4HDi |

107 3P 1.0e 12V |

107 5P 1.0e 12V 2-tronic Blue Lion |

107 5P 1.0e |

107 trendy 3P 1.4HDi |

107 5P 1.0e Blue Lion |

107 trendy 5P 1.4HDi |

107 5P 1.0e 12V 2-tronic |

107 3P 1.4HDi Blue Lion |