Are you in the market to buy (or sell) a Porsche Panamera in Ibadan? Vehiclus analyzed the used automotive market of all metropolitan areas in Nigeria to determine a pricing profile of various Porsche models depending on their age, technical condition, optical condition, and mileage. In order to optimize your profits when selling your Panamera (or to be certain to not be ripped off when buying a Porsche Panamera) it is highly recommended to know most price-establishing factors.
Ibadan is a metropolitan area with 3565108 inhabitants. Nevertheless, there are usually not many Porsche Panamera for purchase on the market. That's why the supply is not high and the demand depends on a multitude of parameters such as brand reputation, fuel mileage, and reliability.
As pictured below, cars of the manufacturer Porsche and especially of their model Panamera loose their value in a very conventional fashion. The average asking price of the Panamera will be decreased by up to 14% ($77,293) after just one year. After three years, the car typically goes for only 60% of its initial asking price ($55,959) while it will only be priced at 30% of the original price after 7 years ($24,569). The Panamera's value after 12 years is only 11% of its first price depending on its condition of course.
One more way to analyze car depreciation is to examine the loss of value over miles driven. The Porsche Panamera depreciation curve below describes this phenomenon for Ibadan. The Panamera looses most of its value (approximately 46%) within the first 30,000km of its mileage. The mean price for a Panamera at that usage level is $49,459. After that the devaluation plateaus: at 90,000km the Porsche Panamera is valued for $29,023 in Ibadan and for $13,794 at 180,000km driven.
The last parameter that significantly effects the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Porsche Panamera according to its year and its condition.
|Vehicle Year||Porsche Panamera Condition|
|Porsche Panamera variations:|
|PANAMERA S PCCB (EURO5)|
|PANAMERA 4S (EURO5)|
|PANAMERA S PDK (EURO5)|
|PANAMERA TURBO fonction Stop & Start (EURO 4)|
|PANAMERA 4S (EURO4)|
|PANAMERA S (EURO5)|
|PANAMERA TURBO fonction Stop & Start (EURO 5)|
|PANAMERA TURBO (EURO4)|
|PANAMERA TURBO PCCB fonction Stop & Start (EURO 4)|
|PANAMERA TURBO PCCB (EURO4)|
|PANAMERA S PDK PCCB fonction Stop & Start (EURO5)|
|PANAMERA S PDK fonction Stop & Start (EURO4)|
|PANAMERA TURBO PCCB (EURO5)|
|PANAMERA S PDK PCCB (EURO4)|
|PANAMERA S PDK fonction Stop & Start (EURO5)|
|PANAMERA 4S fonction Stop & Start (EURO4)|
|PANAMERA 4S PCCB (EURO5)|
|PANAMERA 4S PCCB (EURO4)|
|PANAMERA TURBO PCCB fonction Stop & Start (EURO 5)|
|PANAMERA S PDK PCCB (EURO5)|
|PANAMERA 4S fonction Stop & Start (EURO5)|
|PANAMERA TURBO (EURO 5)|
|PANAMERA 4S PCCB fonction Stop & Start (EURO5)|
|PANAMERA 4S PCCB fonction Stop & Start (EURO4)|
|PANAMERA S PDK (EURO4)|
|PANAMERA S PDK PCCB fonction Stop & Start (EURO4)|
|PANAMERA S PCCB (EURO4)|
|PANAMERA S (EURO4)|