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Affordable Tokunbo Cars with Low Clearing Costs in Nigeria

Affordable Tokunbo Cars with Low Clearing Costs in Nigeria

The article provides an overview of the costs involved in importing Tokunbo cars into Nigeria, emphasizing that buyers must account for shipping, Customs duty, taxes, terminal charges, documentation, and clearing-agent fees. The Nigerian Customs Service (NCS) utilizes the Vehicle Identification Number (VIN) for vehicle valuation.

Under the current 2026 import framework, passenger vehicles incur a 20% import duty, a 5% levy from the National Automotive Council (NAC), and a 7.5% VAT, along with other customs and port-related charges. To reduce overall costs, buyers are advised to select vehicles with smaller engines and lower customs values.

The article lists seven affordable options for foreign-used cars, including various engine sizes and their benefits. It suggests budgeting between N1.5 million to N3.5 million for customs and related expenses, noting that larger vehicles will incur higher costs.

Buyers should verify the manufacture year, VIN, and customs valuation before purchasing.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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