Naija used toyota corolla 08 Bank type (Dubai Spec) for sale. 66k miles, reverse sensors, ac, automatic, clean cream interior, sound engine, good shock absorbers but with some scratches on its body. Am selling this for N2.1m. It's a good deal for the lucky buyer. Call me 08033330836 for inspections and negotiations. Car is in Lagos
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Is the car new?
How could u say 2.1M?

i priced it at N2.1m because the car was bought brand new for N4.5m in late 2008 and it did approximately 20,000km per year till 2013(now). Millage currently is 66k. Depreciation is put at N600,000 per year and let me age the car to be 4 years old, 4 * 600,000 = 2,400,000. therefore N4,500,000 - N2,400,000 = QED N2,100,000.
Makes sense??

Thanks for your explanation, we are in the real world and not equipment depreciation theoritical calculation looking at an ideal situation.
There is no way you can get 2.1M for a 2004/6 car bought in 2008 (The last two editions of the toyota Corolla - Bank Type).
Will get a brand new car for 2.1M so why would I spend that amount on a car driven in Nigeria for the past 5yrs and done 66k miles on Nigerian bad roads.
To be honest with you, the car is not yours or the car does not exist.
You think you can make very quick cash on this car with that amount or the car like I said does not exist if not you should post pictures of the car.

Have lovely day

Hahahaha
Nwadays, nlnd's auto section is makin mor sense dan the joke section walahi

akajos4real: Thanks for your explanation, we are in the real world and not equipment depreciation theoritical calculation looking at an ideal situation.
There is no way you can get 2.1M for a 2004/6 car bought in 2008 (The last two editions of the toyota Corolla - Bank Type).
Will get a brand new car for 2.1M so why would I spend that amount on a car driven in Nigeria for the past 5yrs and done 66k miles on Nigerian bad roads.
To be honest with you, the car is not yours or the car does not exist.
You think you can make very quick cash on this car with that amount or the car like I said does not exist if not you should post pictures of the car.

Have lovely day

Did I mis-inform you? Naa I don't think so. The car is a 2008 model bought brand new in late 2008. I Neva said it was a 2004/6 model so your unintelligent argument isn't valid sir! wld upload pics in a giffy if the Internet connection permits.