Prices of Tokunbo Cars in Nigeria (2024)

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Are you on the hunt for your dream car but finding the brand-new versions too pricey? Well, you’re not alone. Nigerians, known for their love of cars, have found a smart solution – foreign used vehicles, also known as Tokunbo cars. These cars offer the same quality and features as their brand-new counterparts but at a more affordable price. Let’s dive into the details of this thriving market and explore how much these Tokunbo cars typically go for in Nigeria.

What are Tokunbo Cars?

Tokunbo cars are foreign used vehicles imported from countries like Cotonou, Europe, or America. They range from models manufactured between 2005 and 2018, offering a wide selection for buyers.

Why Opt for Tokunbo Cars?

The appeal of Tokunbo cars lies in their affordability and quality. While brand-new cars may be out of reach for many due to high prices and availability issues, Tokunbo cars provide a practical alternative. They offer the same efficiency, features, and style as new cars but at a fraction of the cost.

What’s the Price Range?

Here’s a breakdown of the typical prices you can expect for Tokunbo cars in Nigeria:

  1. Toyota Camry: Prices range from ₦2.5 million to ₦6 million depending on the model year and condition.
  2. Honda Accord: Expect to pay between ₦2.8 million to ₦6.5 million for a Tokunbo Honda Accord.
  3. Toyota Corolla: Prices for Tokunbo Toyota Corolla cars vary between ₦2.2 million to ₦5.5 million.
  4. Mercedes-Benz E-Class: For this luxury brand, prices range from ₦5.5 million to ₦15 million for Tokunbo versions.
  5. BMW 5 Series: You can find Tokunbo BMW 5 Series cars priced between ₦4.5 million to ₦10 million.
  6. Lexus RX: Prices for Tokunbo Lexus RX models typically start from ₦4.5 million and can go up to ₦10 million.
  7. Toyota Highlander: Expect to pay between ₦5 million to ₦12 million for a Tokunbo Toyota Highlander.
  8. Toyota RAV4: Prices for Tokunbo Toyota RAV4 vehicles range from ₦3.5 million to ₦8 million.

Conclusion:

Buying a Tokunbo car in Nigeria is a practical and cost-effective option for those seeking quality vehicles without breaking the bank. With a wide range of models available, you can find the perfect car to suit your needs and preferences. So, why stress over buying brand-new when you can get a reliable Tokunbo car at a fraction of the price?

FAQ:

1.Are Tokunbo cars reliable?

Yes, Tokunbo cars are known for their reliability as they undergo thorough inspections before being imported into Nigeria.

2.Where can I buy Tokunbo cars in Nigeria?

You can find Tokunbo cars through various channels such as car dealerships, online platforms, or auctions.

3.Do Tokunbo cars come with warranties?

It depends on the seller and the specific car. Some dealers may offer warranties, while others may not. Be sure to inquire about warranty options before making a purchase

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