5 Things: What to know before Buying Used Cars in Nigeria

By Aniwura Omolayo

Listen on the go: Audio version.

This listicle was inspired by my utter confusion about used cars and their grades! I’m happy to report that it’s clear now: a secondhand (a.k.a. Tokunbo) purchased at a dealer’s is different from that of a previous owner’s a.k.a. Nigerian-used or Registered. Is there a more senior grade? Yes, a used car ordered abroad.

Let’s go back to the beginning and work our way through the hacks.

The following insights were generously shared by a source, in the automobile industry, who has 5 years of experience in car dealership.

 

1. Should I buy a secondhand car (Tokunbo or Toks) from Lagos, a used one abroad or Nigerian-used? 

Get a used car from abroad because it’s cheaper than the Toks here. Why? It’s direct and there’s no dealer cost added.

You also have the luxury of choice, as per getting a completely accident-free car, or the ones with slight impact, which reduces subsequent expenses.

Plus, you will save money on used cars if purchased abroad. About 20 to 30 per cent, depending on the car’s worth.

 

2. How long does it take to get a used car into Nigeria?

You’d have to be patient, because it will take 4 to 8 weeks before you get your car.

  

3. By how much has the price of used cars increased in Nigeria in 2020?

This year, cost has gone up by about 10 to 20 per cent.

 

4. Where is the best place to get a used car in Nigeria: Apapa, online, mechanics or dealers? 

Your personal dealer is the best bet. For great deals, authenticity and peace of mind. Someone you trust and who looks out for your best interest.

 

5. What are the top 5 things buyers should look out for in a car?

I. Before paying for any car, first, you must confirm it’s not stolen. Make sure you meet or confirm the real owner and know where the person lives or works.

II. Before purchasing any car, make sure you confirm it’s sound. That is, its engine, gear, air conditioner (AC), shocks, steering wheel etcetera are working fine. Inspect the car with a mechanic and probably a car scanner.

III. Get the chassis (or C) number from the Customs document to confirm the duty was properly and fully paid for.

IV. Get a car that has good secondhand value in Nigeria, for example a Toyota. Avoid cars with expensive parts, so that it won’t be hard to dispose of when you’re ready to let go.

V. There are no fixed prices for Naija-used cars. Bargain well and get your money’s worth.

With these insights, you can’t go wrong.

Where did you get your secondhand car in Nigeria and what was the experience like? Please share more insights!

This article was written and voiced by Aniwura Omolayo for 5 Things Africa.

Soundtrack credit: African Tribal Drums by Demba Dyasan.