Nigerians love cars and always want to acquire the latest in the market and when that is not possible, they settle for the second-hand or used version of the latest model. After all, it is more affordable than the ‘tear rubber’ version and we still get to be trendy!
The used cars market in Nigeria is a vibrant one, so much so that it has earned a name, tokunbo cars.
For the average Nigerian, owning a car is important and means different things from defining social status to providing transport convenience for the owner among others. These is how to get the best deals on used cars so that your decisions are not based on adrenaline rush!
- You need to conduct a price analysis research for your choice of cars and fall- back options
- You need to set a budget- a reasonable budget taking into cognisance your income, and even the long-run maintenance cost of the car. This should determine what kind of car you end up owning. Also consider how much more above the budget you are willing to go should the need arise.
When you have found one that is within your budget contact the dealer/seller and book an inspection, it is advisable that you inspect the car with your mechanic before you even negotiate the price of the vehicle with the seller. This is because you might make a good deal with the seller over the phone and get heart broken when you see the vehicle as it may be suffering from prolonged wear and tear! Always go with a good mechanic for his professional guidance so that he can detect issues you ordinarily would not have
- When talking to seller, be sure to find out why they want to sell the car, what needs to be fixed, when the car was bought and where, the mileage on the car, and what papers are available for the change of ownership of car, it is locally used one. These questions would determine if you will go ahead with purchasing the vehicle or not.
- Finally, when you have reached a deal with the seller, remember it is always safer not to pay in cash. It will also help establish records for the transaction as well