Are you looking to buy (or sell) a Ford Cougar in Johannesburg? Vehiclus studied the local used car market of all metropolitan areas in South Africa to establish a pricing profile of various Ford models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Cougar (or to be certain to not be overcharged when buying a Ford Cougar) it is highly recommended to understand most price-determining factors.
Johannesburg is a town with a current population of 2026469 inhabitants. Nevertheless, there are usually not many Ford Cougar for purchase on the market. That's why the supply is little and the demand depends on various of parameters such as maintenance costs, mileage, and brand competetivness.
As illustrated in the figure below, cars of the manufacturer Ford and especially of the model Cougar devaluate in a very average fashion. The average price of the Cougar will be decreased by up to 13% ($23,450) after just 1 year. After three years, the car typically is valued at 64% of its initial asking price ($16,619) while it will only be priced at 31% of the original price after 7 years ($7,599). The Cougar's value after twelve years is only 12% of its original price depending on its condition of course.
One more way to analyze car depreciation is to study the decrease of value vs kilometers driven. The Ford Cougar depreciation curve below shows this phenomenon for Johannesburg. The Cougar looses most of its value (approximately 46%) within the first 30k km of its mileage. The mean price for a Cougar at that usage level is ca $15,249. After that the depreciation slows down: at 90,000km the Ford Cougar is sold for $8,683 in Johannesburg and for $4,424 at 180,000km .
The last value that significantly determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Ford Cougar according to its year and its condition.
|Vehicle Year||Ford Cougar Condition|
|Ford Cougar variations:|
|COUGAR 2.5L (170ch) BVA|
|COUGAR 2.5L (200ch)|
|COUGAR 2.5L (170ch)|