Peugeot 306 in Ibadan

Are you in the market to buy (or sell) a Peugeot 306 in Ibadan? Vehiclus surveyed the local used auto 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 306 (or to be sure to not be overcharged when buying a Peugeot 306) it is of value to understand most value-determining factors.

Ibadan is a town with a population of 3565108 people. Nevertheless, it is hard to find more than a dozen Peugeot 306 on the local car market at the same time. Hence, the supply is little and the demand depends on various of factors e.g. season, fuel mileage, and reliability.

As shown below, cars of the manufacturer Peugeot and specially of the model 306 depreciate in a very conventional fashion. The average price of the 306 will be lowered by up to 13% ($17,170) after only one year. After three years, the car usually goes for only 64% of its initial asking price ($12,093) while it will only be priced at 29% of the MSRP after 7 years ($5,388). The 306's value after 12 years is only 11% of its first price depending on its condition of course.

One more way to describe car depreciation is to examine the decrease of value over kilometers driven. The Peugeot 306 depreciation curve below describes this phenomenon for Ibadan. The 306 looses most of its value (~ 50%) within the first 20,000miles (30,000km) driven. The mean price for a 306 at that mileage is approximately $11,098. After that the depreciation slows down: at 90,000km the Peugeot 306 is priced for $6,217 in Ibadan and for $3,037 at 180,000km .

The last parameter that significantly effects the price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Peugeot 306 according to its year and its condition.

Vehicle Year | Peugeot 306 Condition | ||
---|---|---|---|

fair | good | excellent | |

2017 | $15,552 | $17,491 | $19,431 |

2016 | $13,677 | $15,382 | $17,087 |

2015 | $11,934 | $13,422 | $14,910 |

2014 | $10,324 | $11,612 | $12,899 |

2013 | $8,848 | $9,951 | $11,054 |

2012 | $7,504 | $8,440 | $9,376 |

2011 | $6,294 | $7,079 | $7,863 |

2010 | $5,216 | $5,867 | $6,517 |

2009 | $4,272 | $4,805 | $5,337 |

2008 | $3,460 | $3,892 | $4,323 |

2007 | $2,782 | $3,129 | $3,476 |

2006 | $2,237 | $2,516 | $2,794 |

2005 | $1,824 | $2,052 | $2,279 |

2004 | $1,545 | $1,738 | $1,930 |

2003 | $1,399 | $1,573 | $1,748 |

2002 | $1,385 | $1,558 | $1,731 |

Peugeot 306 variations: |
---|

306 5P 1.4i |

306 CABRIOLET 1.6i BVA |

306 4P 2.0HDi |

306 CABRIOLET 1.6i |

306 4P 1.6i BVA |

306 BREAK 1.8i 16S |

306 5P 1.6i |

306 4P 1.6i |

306 5P 2.0HDi SPORT |

306 CABRIOLET 1.8i 16S |

306 BREAK 1.4i |

306 5P 1.8i 16S |

306 5P 2.0HDi |

306 BREAK 1.6i |

306 3P 1.6i |

306 BREAK 1.6i BVA |

306 3P 1.9D |

306 5P 1.9D |

306 BREAK 1.9D |

306 3P 1.8i 16S |

306 4P 1.9D |

306 4P 1.4i |

306 3P 2.0HDi SPORT |

306 3P 1.4i |

306 5P 1.6i BVA |

306 3P 2.0HDi |

306 4P 1.8i 16S |

306 BREAK 2.0HDi |

306 3P 1.6i BVA |