Subaru Forester in Ibadan

Subaru Forester for sale in Ibadan (Nigeria)

Are you in the market to buy (or sell) a Subaru Forester in Ibadan? Vehiclus analyzed the local used automotive market of all towns in Nigeria to determine a pricing profile of various Subaru models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Forester (or to make sure to not overpay when buying a Subaru Forester) it is recommended to understand all price-establishing variables.

Supply and Demand of Subaru Forester on the local auto market

Ibadan is a town with a population of 3565108 people. Nevertheless, it is hard to find more than a handful Subaru Forester on the used car market . That's why the supply is low and the demand depends on a multitude of parameters e.g. maintenance costs, fuel mileage, and reliability.

Price Devaluation Curve of the Forester in Ibadan

As illustrated in the figure below, cars of the manufacturer Subaru and especially of their model Forester depreciate in a very customary way. The mean asking price of the Forester will be decreased by up to 13% ($22,646) after only 1 year. After three years, the car usually costs only 64% of its original asking price ($15,972) while it will only be worth 32% of the MSRP after 7 years ($6,835). The Forester's value after twelve years is only 10% of its first price depending on its condition of course.


Depreciation according to mileage

One more way to analyze car depreciation is to look at the loss of value vs kilometers driven. The Subaru Forester depreciation curve below describes this phenomenon for Ibadan. The Forester looses most of its resell price (approximately 45%) within the first 20,000miles (30,000km) of its mileage. The average price for a Forester at that mileage is ca $14,653. After that the devaluation slows down: at 90k kilometers the Subaru Forester is sold for $8,236 in Ibadan and for $3,740 at 180k kilometers .

Subaru Forester price depending on condition (fair, good, excellent)

The last value that significantly 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 Subaru Forester according to its year and its condition.

Vehicle Year Subaru Forester Condition
fair good excellent
2017$19,241$22,411$25,582
2016$16,920$19,708$22,497
2015$14,764$17,197$19,630
2014$12,773$14,878$16,983
2013$10,946$12,750$14,554
2012$9,284$10,814$12,344
2011$7,787$9,070$10,353
2010$6,453$7,517$8,580
2009$5,285$6,156$7,027
2008$4,281$4,987$5,692
2007$3,442$4,009$4,576
2006$2,767$3,223$3,679
2005$2,257$2,629$3,001
2004$1,911$2,226$2,541
2003$1,730$2,016$2,301
2002$1,714$1,996$2,279

Enter vehicle make, model and city of interest:


Chevrolet
Nubira
starting at
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Peugeot
206
starting at
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Nissan
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starting at
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in Sinah (IQ)
Subaru Forester variations:
FORESTER 2.5L XT BVM5
FORESTER 2.0L
FORESTER 2.0L BVM5 GPL
FORESTER 2.0L BVA4 GPL
FORESTER 2.0X BVM5
FORESTER 2.0L GPL BVA
FORESTER 2.0L BVM5
FORESTER 2.0X BVA4
FORESTER 2.5L XT BVA4
FORESTER 2.0L BVA4
FORESTER 2.0L BVA
FORESTER DIESEL X
FORESTER 2.0L BVM
FORESTER 2.0L TURBO
FORESTER 2.5L TURBO
FORESTER 2.0L TURBO BVA
FORESTER DIESEL XS ET CLUB
FORESTER 2.0L GPL
FORESTER 2.5L XT BVM