Insights

• Konnect
• 6 Min Read
• 18 Views

How To Easily Buy Used Cars In Nigeria For Cheapest Prices (Updated Guide, 2025)

Buying a car is a significant investment, and for many Nigerians, opting for a used car is a practical and cost-effective choice. The used car market in Nigeria is vast, with options ranging from locally used vehicles to foreign-used (Tokunbo) cars imported from countries like the United States, Europe, and Asia. However, navigating this market can be daunting, especially for first-time buyers.

In this comprehensive guide, we’ll walk you through how to buy used cars in Nigeria at the cheapest prices in 2025, while avoiding common pitfalls and ensuring you get the best value for your money.

Why Buy Used Cars in Nigeria?

• Affordability: Used cars are significantly cheaper than brand-new vehicles, making them accessible to a larger segment of the population.
• Variety: The used car market offers a wide range of brands, models, and specifications.
• Lower Depreciation: Unlike new cars that lose value quickly, used cars have already undergone the steepest depreciation.
• Easier Financing: Many dealers and platforms now offer flexible payment plans for used cars.

Factors to Consider Before Buying a Used Car

1. Budget

Determine how much you’re willing to spend. Consider not just the purchase price but also associated costs like registration, insurance, maintenance, and fuel consumption.

2. Purpose

Identify why you need the car. For example:

• A compact car like a Toyota Corolla is ideal for city commutes.
• SUVs like the Toyota Highlander or Honda CR-V are better for rough terrains.
• Trucks like the Toyota Hilux suit businesses requiring cargo transport.

3. Condition of the Car

Always check the mechanical, electrical, and body condition of the car. Inspect for signs of accidents, rust, or major repairs.

4. Vehicle History

Request the vehicle history report, especially for Tokunbo cars. Platforms like Carfax and AutoCheck provide detailed histories, including accident records and mileage verification.

5. Authenticity of Documents

Ensure all documents, including the vehicle registration, customs clearance papers, and roadworthiness certificates, are valid and up-to-date.

Where to Buy Used Cars in Nigeria

1. Car Dealerships

Dealerships offer a variety of used cars and often provide warranties or after-sales services. Reputable dealerships in Nigeria include:

• Elizade Motors
• Lanre Shittu Motors
• Coscharis Motors

2. Online Platforms

The internet has revolutionized car shopping. You can now browse thousands of options, compare prices, and negotiate deals online. Popular platforms include:

• Jiji.ng: Offers a vast selection of cars from private sellers and dealers.
• Cars45: Provides car inspections and a secure transaction process.
• Cheki.com.ng: A trusted platform for verified car listings.

3. Auction Houses

Participating in car auctions is a great way to secure bargains. Auctions often sell repossessed or impounded vehicles at lower prices. Some options include:

• Customs Auctions: Nigerian Customs Service occasionally auctions seized vehicles.
• Bank Auctions: Banks sell off repossessed cars to recover loans.

4. Direct Sellers

You can buy directly from individual owners, often resulting in cheaper prices since there are no middlemen. However, exercise caution and verify the authenticity of the seller and the car’s documentation.

How to Find the Cheapest Prices

1. Compare Prices

Don’t settle for the first deal you find. Use platforms like Jiji, Cars45, and Cheki to compare prices across sellers.

2. Buy During Off-Peak Seasons

Prices tend to be lower during off-peak periods, such as after festive seasons or during economic downturns.

3. Negotiate Smartly

In Nigeria, haggling is a norm. Research the average market price for the car model you’re interested in and use that as leverage during negotiations.

4. Opt for Locally Used Cars

Locally used cars are typically cheaper than Tokunbo cars. However, ensure they are in good condition and free of major mechanical issues.

5. Buy at Auctions

Auctions often sell cars at significantly reduced prices. Keep an eye on customs or bank auction announcements and participate early.

Step-by-Step Guide to Buying a Used Car in Nigeria

Step 1: Research

Start by researching the car model you want. Consider factors like fuel efficiency, availability of spare parts, and resale value.

Step 2: Set a Budget

Determine how much you can afford, factoring in extra costs like insurance, registration, and repairs.

Step 3: Search for Cars

Browse online platforms, visit dealerships, or attend auctions to find cars within your budget.

Step 4: Inspect the Car

Hire a trusted mechanic to inspect the car’s condition. Key areas to check include:

• Engine: Ensure it runs smoothly and shows no signs of overheating or oil leaks.
• Transmission: Test the gears to ensure they shift smoothly.
• Bodywork: Look for signs of rust, dents, or previous repairs.
• Interior: Check the condition of seats, dashboard, and electronics.

Step 5: Verify Documentation

Ensure the car comes with all necessary documents, including:

• Proof of ownership
• Customs clearance
• Vehicle Identification Number (VIN) report
• Roadworthiness certificate

Step 6: Test Drive

Take the car for a test drive to assess its performance, handling, and comfort.

Step 7: Negotiate

Use your research to negotiate a fair price. Be firm but polite, and walk away if the seller refuses to meet reasonable terms.

Step 8: Finalize the Purchase

Once you’ve agreed on a price, draft a sale agreement and ensure both parties sign it. Make payments securely and obtain a receipt.

Step 9: Register the Car

Visit the Federal Road Safety Corps (FRSC) office to complete the registration and obtain new license plates.

Tips for a Smooth Purchase Experience

• Work with Trusted Sellers: Avoid unverified sellers to minimize risks of fraud.
• Avoid Overpriced Cars: If a deal seems too expensive, look elsewhere.
• Check Fuel Economy: Fuel prices in Nigeria can fluctuate, so opt for fuel-efficient cars.
• Beware of Scams: Always meet sellers in public places and verify the car’s history and documents.
• Consider Maintenance Costs: Ensure spare parts for the car are affordable and readily available.

Popular Used Car Models in Nigeria (2025)

• Toyota Corolla: Known for reliability, fuel efficiency, and affordability.
• Honda Accord: Popular for its durability and stylish design.
• Toyota Camry: A preferred choice for families due to its spacious interior.
• Lexus RX 350: A luxury SUV offering comfort and performance.
• Kia Rio: A compact, fuel-efficient option for city commutes.

Frequently Asked Questions

1. What is the average cost of a used car in Nigeria in 2025?

Prices vary depending on the model, condition, and location. Locally used cars can cost between ₦1 million and ₦5 million, while Tokunbo cars range from ₦3 million to ₦20 million.

2. Are online platforms safe for buying used cars?

Yes, if you stick to reputable platforms like Cars45, Jiji, or Cheki. Always verify the seller’s identity and inspect the car before making payments.

3. What documents are required when buying a used car?

Essential documents include proof of ownership, customs clearance, VIN report, and a roadworthiness certificate.

4. Can I finance a used car in Nigeria?

Yes, many dealerships and banks offer car financing options with flexible repayment plans.

Conclusion

Buying a used car in Nigeria doesn’t have to be complicated or expensive. By doing thorough research, comparing prices, and verifying the authenticity of sellers and documents, you can secure a reliable car at an affordable price. Whether you’re purchasing from a dealership, online platform, or auction, following the steps outlined in this guide will help you make an informed decision.

In 2025, the used car market in Nigeria continues to offer opportunities for budget-conscious buyers. With patience and due diligence, you can find a vehicle that meets your needs and fits your budget. Happy car hunting!