How To Buy A Used Car In Nigeria : Cotonou,Berger,Tokunbo And Brand New Cars Current Prices


Your excited,you have finally decided to buy a car after many months of saving,you can't wait to cruise in your ride...
You have to tread carefully,because that excitement can turn to frustration if your not careful,this post contains the steps to take when buying a used or tokunbo car in Nigeria and also the current prices of used and brand new cars in Nigeria. 
--
---

How To Buy A Used Car In Nigeria

Q1: Where can I buy Used Cars In Nigeria?


A: Whenever the issue of buying used cars come up,most people always think about Cotonou Benin Republic,however you can also buy a good grade car at Berger in Lagos,also you can check some online websites where people put up their used cars for sale,example of such websites are olx.com,carmudi.com etc.


You can also buy from car dealers in your city,that has its own advantages.


However the major concerns when buying from Berger Lagos,is incessant and rampant odometer rollback and incidence of smuggling of cars from Cotonou,also the issue of doctored documents as being cleared at Tincan.


You can verify the authenticity of the car documents at customs post at Grimaldi.

--
----
As for buying used cars online,it is usually better you inspect the car physically before making payment.

Q2: What should I look out for before buying a used car in Nigeria?


A: Make sure you thoroughly examine and look out for the following:


Check and examine the issued custom documents of the vehicle,check if it is fully stamped,then check whether the name of the seller correspond with what is written on the car document,also check if the year and model of the car is clearly written in the document.


Check whether the (VIN Vehicle Identification Number=also known as chasis number) and all payments were made,also look and ask for these following documents:



  • Vehicle licence - original copy
  • Current insurance - original copy
  • CMR -computerized motor registration- original copy
  • Road worthiness certificate - original copy
  • --
    ---
  • Plate number allocation - original copy
  • Fully stamped original proof of ownership fully stamped
  • The VIN usually imprinted at the right hand side below the wind screen of most cars
  • If the seller bought the car brand new from dealers like Elizade Motors,Lanre Shittu Motors etc don't expect to see a custom document,rather you will get a certificate from the dealer it was bought from.
  • Also ask for Police issued tinted permit document if the car has tinted windows.

Now lets go over to the next phase:

Type of car 


Since you have decided to buy a tokunbo car,make sure you go for a strong brand that can serve you for a couple of years. Cars like Toyota,Mercedes Benz,Peugeot Etc are durable and strong for Nigerian roads.


Budget


Make sure that you go for vehicles that you can afford,don't go for a car that you won't be able to maintain in the long run.


Vehicle mileage

Don't be deceived by the flashy body of most used cars,your primary focus should be on the engine,tell your auto mechanic to check the mileage of the car,the mileage shows how long the vehicle has been used.

--
---
A mileage of more than 170,000 is not a good buy,however don't buy a car based on its mileage,because some fraudulent sellers has found a way of adjusting the mileage of cars for sale.

Car History


Endeavor to use the Vehicle Identification Number (VIN) to check the vehicle’s history,you wouldn't want to end up buying a stolen vehicle.


One on one


If your lucky enough to be dealing directly with the seller,don't forget to ask why the car is being sold,be inquisitive,ask as many questions as possible so as to know what your getting yourself into,a car with an electrical fault or a factory malfunction will end up frustrating you.


Engine Test


Bring an experienced auto mechanic to check the engine of your vehicle,make sure you check and inspect every part of the vehicle. 


When Inspecting the engine and fuel tank,check underneath the vehicle for leakages.


Read Also: Current Price Of Clearing Cars In Nigeria 


Test Drive


Make sure you test drive the car you are about to buy,and also ensure that you have a professional auto mechanic to accompany you,if its possible,organize for a two to three days test ride. it is also a good idea to buy from a seller within your city.

--
---
Negotiate

Make sure you conduct a proper market survey on the type of car you want to buy,also search for information concerning the car on the internet,that way you will be able to know the price range of the vehicle you want to buy,ensure that you negotiate effectively in other to get the best price.


Making Payment


After you have decided to purchase the car,make sure you conduct all money transaction inside the bank premises.


Check Out: 15 Hot Business Opportunities In Nigeria 


Don't make payment with raw cash,rather you can write a cheque or ask your bank to wire the funds to the car seller,before sending the money,make sure you ask the bank to verify the account number and the name,make sure everything is corresponding,always be at alert, car scammers are everywhere. 


Change Of Ownership


Ensure you see the change of ownership letter given to the seller,unless the seller bought the car as direct tokunbo,then in that case a custom document will be given to you,plus a new signed change of ownership document stating that you are the new owner with stamp and signature.


If the car doesn't have an original custom document,i suggest you stay away from such a car.


Current Prices Of Cars In Nigeria 



  • Toyota Highlander 2003 – N2.5 million
  • Toyota Camry 2008 – N2.3 million
  • Toyota Camry 2007 – N2.8m
  • Toyota Rav4 2010 – N2.2 million
  • Toyota Rav4 2007 – 2.35 million Naira
  • Toyota Venza 2010 – N2.6m – N2.9m
  • Toyota Corolla 1999 – N970,000
  • Toyota Carina 1999 – N500,000
  • Toyota Corolla 2003 – N1.1 million
  • Honda CRV 2008 – N3 million
  • Honda Accord 2001 – N1.2 million
  • Honda Accord 2004 – N1.3m – N1.9m
  • Honda CRV 1999 – N1.4m
  • Honda CRV 2005 – N1.5 million
  • Honda Accord 2008 – N2.7m
  • Honda Accord 2003 – N1.4m
  • Honda Civic 2010 – N1.6m - N2m
  • Honda Accord 2009 V6 – 5.8 million Naira
  • Honda Accord 2002 – N900,000 – N1m
  • Honda Accord 1996 – N520,000
  • Honda Accord 2005 – N1.8m – N2 million
  • Nissan Xtera 2000 – N1.2 million
  • Nissan Altima 2003 – N800,000
  • Nissan Pathfinder 2002 – N1.7m
  • Nissan Murano 2006 – N1.75m
  • --
    ---
  • Nissan Murano 2005 – N1.5 million
  • Mercedes Benz C320 2004 – N1.8 million
  • Lexus GX470 2004 – 3.35 million Naira
  • Mercedes Benz C280 2007 – N2.8 million
  • Peugeot 206 2004 – N670,000
  • Mercedes Benz C220 2001 – N1.8 million
  • Acura MDX 2009 – N2.8 million
  • Infiniti FX 35 2009 – N2.7 million
  • Mazda Tribute 2010 – N2.8 million
  • BMW X5 2008 – N8.5 million
  • Land Rover Range Rover Sport 2008 – 5.1 million Naira
  • Land Rover Range Rover 2009 – 5.1 million Naira
  • Mercedes Benz C280 2007 – N2.75 million
  • Mitsubishi Gallant 2003 – N1.5 million
  • Grand Cherokee 2003 – N1.5 million
  • Toyota Land Cruiser SUV – N8 million 
  • Toyota Prado SUV – N7.1 million
  • Toyota Corolla – N2.36 million
  • Toyota Camry – N5.88 million
  • Toyota Avensis – N4.25 million
  • Toyota Yaris – N2.2 million
  • Toyota Avanza – N4.25 million
  • --
    ---
  • Toyota RAV4 SUV – N5.56 million
  • Toyota Hilux Pickup – N3.0 million
  • Toyota Dyna Truck – N5.56 million
  • Toyota Previa – N7.15 million
  • Toyota Hiace Bus – N3.3 million
  • Toyota Coaster Bus – N7.65 million
  • Peugeot 206 hatchback – N2 million 
  • Peugeot 207 hatchback– N2.6 million 
  • Peugeot 307 hatchback – N2.6 million 
  • Peugeot 307 Sedan – N3.2 million
  • Peugeot 307 Station wagon – N2.7 million
  • Peugeot 406 Salon – N3.4 million
  • Peugeot 407 coupe – N9.6 million
  • Peugeot 407 Salon – N5.2 million
  • Peugeot 407 Station Wagon – N5.5 million
  • Peugeot Partner  – 2.8 million
  • Peugeot 607 – N6.6 million
  • Peugeot G9 Expert  – N5.53 million
  • Peugeot G9 Expert Van – N4.3 million
  • Peugeot Boxer Van – 4.8 million 
  • Peugeot Partner Van – N2.5 million
  • Kia Picanto cars – N1.1 million
  • Kia Rio 1.4L cars – N1.6 million
  • Kia Carens 2.0L – N1.89 million
  • Kia K2700 truck – N1.89 million
  • Kia Cerato 1.6L – N2.16 million
  • Kia Optima 2.0 – N2.52 million
  • Kia Sportage – N2.7 million
  • Kia Sorento SUV 3.3L – N5.04 million
  • Kia Mohave SUV 3.8L – N5.94 million
  • Ford Ranger pickup – N3.6 million
  • Hyundai i10 cars – N990,000 - N1.2 million 
  • Hyundai Accent cars – N1.3 million
  • Hyundai Getz cars – N1.4 million
  • Hyundai Elantra cars – 1.8 million
  • Hyundai H-100 truck – N1.8 million
  • Hyundai Sonata – N2.2 million

  • --
    ----
  • Hyundai H-1 wagon – N2.4 million
  • Hyundai Tucson SUV – N2.6 million
  • Hyundai Santa Fe SUV – N3.6 million
  • Hyundai Azera – N4.9 million
  • Hyundai County Bus – N4.9 million
  • Hyundai Veracruz SUV – N6.9 million
  • Renault Megane sedan – N2.7 million
  • Mitsubishi Lancer EX 2L – N3.0 million
  • Mitsubishi Outlander – N4.8 million
  • Mitsubishi Pajero – N6.3 million
  • Mercedes Benz C-Class – N6.8 million
  • Landrover – N12.5 million


Comments

  1. Is definitely good idea, but before buying such car, for your safety, I would recommend you to scan the vin code first, to se detailed history of vehicle. This service may help you with it on few sec https://www.faxvin.com/vin-decoder/jeep it an important moment in trade of using cars. They history maybe hiden very good, to sold the crap and earn more money. Is a bad side of poor countries.

    ReplyDelete
  2. What business can I start up with 50k-60k

    ReplyDelete

Post a Comment