Are you currently looking to buy (or sell) a Volkswagen Cross in Ibadan? Vehiclus surveyed the used car market of all cities in Nigeria to determine a pricing profile of various Volkswagen models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Cross (or to be sure to not be ripped off when purchasing a Volkswagen Cross) it is a good idea to know all price-establishing factors.
Ibadan is a metropolitan area with a population of 3565108 people. However, it is hard to find more than a dozen Volkswagen Cross on the used car market there. That's why the supply is small and the demand depends on a multitude of parameters such as season, fuel mileage, and brand competetivness.
As pictured below, cars of the car manufacturer Volkswagen and specially of their model Cross loose their value in a very normal process. The mean value of the Cross will be decreased by 14% ($18,834) after only one year. After 3 years, the car usually is valued at 63% of its original asking price ($13,514) while it will only be worth 28% of the original price after 7 years ($6,110). The Cross's value after 12 years is only 10% of its initial price depending on its condition of course.
One more way to quantify car depreciation is to examine the loss of value over kilometers driven. The Volkswagen Cross depreciation curve below describes this phenomenon for the city of Ibadan. The Cross looses most of its value (ca 50%) within the first 30k km driven. The mean price for a Cross at that usage level is approximately $12,149. After that the depreciation plateaus: at 90k kilometers the Volkswagen Cross is valued for $7,044 in Ibadan and for $3,523 at 180,000km .
The last value that significantly impacts the sell price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the deflation of a Volkswagen Cross according to its year and its condition.
|Vehicle Year||Volkswagen Cross Condition|
|Volkswagen Cross variations:|
|CROSS POLO 1.9TDI (100ch)|
|CROSS POLO 1.4L 16S (80ch)|
|CROSS POLO 1.4TDI (80ch)|