- Tokunbo cars, which are pre-owned vehicles sourced from places such as the United States, Canada, and certain areas in Europe, provide Nigerian buyers with cost-effective and dependable options compared to purchasing brand-new automobiles.
- The report outlines ten reliable used cars, such as the Toyota Solara, Hyundai Santa Fe, and Nissan Micra, with prices ranging from N3 to N5 million.
- These vehicles cater to different requirements, whether it's about fuel economy or family transport, and they are fairly simple to upkeep in Nigeria.
The MountainTravel.ng journalist, Zainab Iwayemi, possesses five years of experience reporting on topics such as the economy, technology, and capital markets.
Cars that are fairly used or previously owned and imported into Nigeria from places such as the United States, Canada, or certain areas in Europe are known locally as "tokunbo."
A lot of people think that these cars frequently have better overall conditions compared to those commonly used domestically and are generally more affordable than new versions.
The following ten reliable used foreign cars priced within the range of N3 to N5 million have been identified by The Nation.
- The Toyota Solara (2003–2004) - A Stylish Sports Coupé
This car comes equipped with a reliable Toyota engine, has an elegant two-door styling, and offers a convertible choice. If you're looking for the dependability of a Camry combined with a bit of sportiness, this model fits perfectly. In Nigeria, maintaining and repairing it is straightforward since it uses many of the same components as the Camry. The 4-cylinder edition ensures good fuel economy, whereas the V6 delivers greater horsepower. Be sure to inspect the leather upholstery and internal trimmings for potential sun damage, which can be prevalent due to Nigeria’s warm weather conditions.
- Hyundai Santa Fe (2004)
This offers a budget-friendly way to enter the SUV segment. This stylish Korean SUV boasts a cozy cabin and commendable performance. Subsequent versions were fitted with a powerful V6 engine, whereas initial ones lacked this feature. Ideal for casual trips or everyday family needs—it’s both comfy and chic. However, exercise caution as certain units may experience electrical problems. Make sure to check for these issues specifically before making your decision.
- Nissan Micra (2002)
The remarkable fuel economy of this vehicle makes it highly suitable considering the increasing price of fuel. Motorists appreciate the 2002 Micra for its robust engine and compact design. This model is reliable and simple to maneuver when parking. Used versions in good shape are readily available in Nigeria, primarily as Tokunos. They serve well for entrepreneurs and delivery drivers, especially those operating around Ibadan. Furthermore, they work great for local trips and transporting children to schools. Despite being quite old, you could assume such a car would be priced at approximately N2 million due to its condition.
- Honda Civic (iRobot – 2006–2011)
The car's advanced, reliable, and fashionable interior design make it an excellent choice. Its cutting-edge dashboard earned it the nickname "iRobot." This iteration of the Civic has gained significant popularity in Nigeria thanks to these features. The vehicle is known for being tough, sturdy, and agile. Driving it is enjoyable because of the digital speedometer and smooth ride quality. If you're thinking about buying one, steer clear of models with very few miles as they might be problematic, and always check for issues related to transmissions in cars that have not been well-maintained.
- Toyota Camry (2002–2006) – "Big Daddy"
This vehicle is perfect for long-distance driving, has affordable parts, and is dependable. People refer to it as "Big Daddy" or "Big for Nothing." Despite its large size, it runs smoothly and handles like a sedan. Both working professionals and transporters use it extensively. It is ideal for family rides and ride-hailing services.
- Hyundai Accent (2006)
This car offers a comfortable drive and exceptional fuel efficiency. Interestingly, the 2006 Accent currently commands a higher price than it did initially upon release. Its impressive fuel economy is much appreciated. The model runs well even with minimal refueling and suits everyday travel needs perfectly. Nonetheless, it might not be suitable for big households or individuals needing ample storage space frequently.
- BMW E46 (1998–2005)
The E46 is adored as a sleek and luxurious compact car. It exudes a sporty, refined, and quintessentially German charm. Driving one can be quite enjoyable when well-maintained. However, keeping up with its upkeep poses a significant hurdle; you'll require funds for premium components along with access to an experienced technician. This model thrives particularly well in regions like northern Nigeria (such as Kano and Kaduna), where the arid climate minimizes rust issues.
- Honda Pilot (2004–2005)
The Pilot provides ample space, comfort, and utility. It excels for logistical needs or big households. Nonetheless, when it comes to fuel efficiency, it tends to be somewhat heavy on gas. With higher mileage models, keep an eye on oil usage and potential wear in the suspension system. Ideal for long drives, this vehicle includes three seating rows. Just make sure you select one with a flawless service history.
- Danfo (Commercial Bus)
A Danfo bus represents an investment opportunity. Initially, this vehicle was priced below 3 million naira; however, its current value ranges from 3.4 million to 3.6 million naira. Those looking to enter the transport sector should consider investing in it. This model proves viable for commercial purposes and holds substantial profit-making potential. When buying, make sure to allocate funds for small-scale maintenance work as well as branding updates.
- Mazda Tribute (2004–2005)
In Nigeria’s automotive scene, the Mazda Tribute stands out as a budget-friendly option even though it doesn’t always get the attention it deserves. Essentially built using Mazda components but based on the Ford Escape platform, finding affordable replacement parts for this vehicle isn’t difficult at all. For those looking for an SUV without breaking the bank compared to models like the RAV4 or CR-V, this could be a practical pick. The car boasts ample space and robust construction.
FG takes steps to restrict the importation of second-hand vehicles.
Mountaintravel.ng It has been reported that a significant change is happening within the automotive industry due to newly introduced measures from the federal government aimed at curbing the unauthorized importation of second-hand vehicles.
In a single action, the regulators within this sector will crack down on the operations of unauthorized importers and simultaneously promote domestic manufacturing.
During a meeting held in Lagos, the Director General of the National Automotive Design and Development Council (NADDC), Mr. Joseph Osanipin, stated that the regulatory body will implement more rigorous dealership rules.
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