chucky234: When buying a car aside the luxury,maintenance and durability resale value is paramount.
I'll rather spend N4.5m to get a clean used Toyota Venza than spending N3.5m to buy a Kia Sorento,I'll sure recoup 80% of what I spend in buying the Venza on resale.
A friend of mine bought a brand new 2004 Honda accord,drove it for 7 years and put it up for sale in 2011 at N2m, no one was ready to pay beyond N1m.
He was forced to sell it off for N1m after 6 months, while another friend who bought the same model at N1.5m in 2010 sold it this year for N950,000.
The former has since bought used 2008 honda accord and he is enjoying it, there is no point spending so much on you'll use for just few years as there will always be newer versions that'll tempt you to prompt you to sell the present one to get a newer version.

klens: even a used 1997 Camry is better ,stronger, more durable than 2012 Kia rio. it is matter of choice, and available cash. with that 3.5 to 4.5mill you can get a good Tokumbo car that is far better than a brand new car of that worth and still have enough cash depending on the type you bought . you can't compare fairly used Highlander which is cheaper than brand new Kia models , talk more of Venza, spider, Avalon in Toyota series. if you need good Brand New car, you make a big budget for that. does anyone here knows the current price of Avalon now? that's what most guys are cruising now.

faakay: OK well said.

Everybody with individual taste

as for me if have got 2.5 - 3.5 million.

I would rather settle for a brand new toyota camry or peagueot instead of buying one mussle or jeep

voltront: Since i bought my new car my impression about used cars has totally changed. you cannot compare the PEACE OF MIND you will get from a new car to that you will get from the "CLEAN" tokunbo cars that are in the market....... remember some of the cars are imported after natural disasters such as floods has ravaged them in Europe. we here buy them and start feeling fly. before you know it its one issue after the other. Granted the initial cost in buying a used cars is far better but in the long run you will end up paying for the balance in monetary terms and emotionally over the years. especially when you can afford a new one in the first place. a new KIA RIO is better that a used CAMRY..................from experience...........mechanic use person chop TIRE!

faakay: OK well said.

Everybody with individual taste

as for me if have got 2.5 - 3.5 million.

I would rather settle for a brand new toyota camry or peagueot instead of buying one mussle or jeep

Eyop:

You can contact Toyota dealership in Nigeria to confirm the price of a brand new Toyota camry. Even the new corolla sells for over #4million naira now depending on the trim.

voltront: Since i bought my new car my impression about used cars has totally changed. you cannot compare the PEACE OF MIND you will get from a new car to that you will get from the "CLEAN" tokunbo cars that are in the market....... remember some of the cars are imported after natural disasters such as floods has ravaged them in Europe. we here buy them and start feeling fly. before you know it its one issue after the other. Granted the initial cost in buying a used cars is far better but in the long run you will end up paying for the balance in monetary terms and emotionally over the years. especially when you can afford a new one in the first place. a new KIA RIO is better that a used CAMRY..................from experience...........mechanic use person chop TIRE!

abatically: First of all, not only Nigerians buy used cars. People in developed countries like the USA, UK, Germany, Canada, etc all buy used cars. As a matter of fact, I would say Nigerians even buy new cars than other developed countries. You will ask me why I say so. Reason is we make full payment for our cars and even pay more than those white folks. For Naija its cash and carry, while in developed countries, about 70% of new cars are on loan payment. How many banks give car loan in Nigeria?

Now op back to ur Kia. Lets say u get ur 2013 new Kia Rio for 2.5million. Yes there is nothing like driving a new car, but with that money I can buy a very clean title low mileage 2008 Honda Accord 4 cylinder. You have better fuel mpg than me no doubt , but do u derive joy in driving that car? How strong are ur suspension. What about safety features and other fun stuff. Well all that might not matter to u because u said car na car. To some people there is more to a car than just mpg and moving from point A to point B. Even though my car is older than urs, its still more advanced than ur new Kia. After 5 years of usage, compare the 2 cars, mine will still be stronger while urs would have worn out. I have more space , more power, more speed, stability etc. And when i decide I am bored with it, I am still going to get more value for money than ur new Kia rio or picanto. So.. if I don't have enough money to buy the latest model of the car I like, I can buy an older model at a cheaper price rather than buy what I don't like just because its brand new.

If I want fuel economy close to what ur Kia rio or picanto gets, the 2.5M will still get me a very clean 2010 toyota corolla and trust me, it will dust ur brand new kia in every aspect. Come back after 5 years My corolla will still be going strong while ur Kia would have worth not more than 400k

rigormortis:

have you driven a picanto past a moving trailer or a heavy duty vehicle moving in the opposite direction before?

chikaflora: In summary,there are more impoverish Nigerians than middle class ones,all the love for the used car is caused by poverty. in the word of my course mate in school (na poverty dey cause all this one ohhh, na poverty...)

faakay:

The car is okay. http://www.peugeot301.org/
I just checked it out.



are you telling me I can't get a brand new toyota camry for 3.5 million naira? I can't believe that.

Car companies have got various series of brand so I should be a able to get a car either camry, corolla, peaguoet, benz, bmw etc for that amount even at lesser price

faakay:

This will solve my problem!

http://www.toyota.com/yaris/#!/Welcome I just checked out this site and I like the white one and it's classical

I don't care what people think about class because the defination of class to me is different the way some people view it.

People need to live according to their budget! You don't necessary need to buy an expensive car before you can start driving.

The brand new car should last atleast 2 - 5 years I'm right? You would always want to change cars as new one evolves because it's normal.

Like I said I would always prefer a brand new car rather than a used one except when the funds is not available where I can only settle for less ranging from 700k - 1 million naira.

But if I have got 3.5 million? I will never buy a used car!

faakay: but do you know all know the risk of buying a used car at higher cost? when accident occurs or stolen? who will be responsible for the damages?

that means you will need to bear the cost because there's no warranty/insurance

but if you buy a brand new car, the company will ensure they service the car every month at no cost free of charge which will reduce cost of maintenance compared to used car.

there will also be warranty/insurance incase there's any accidental occurrence within a stipulated time given to you unlike the used ones.




you don't need to vent your frustration here because of your foolishness

this is a thread for open discussion and everybody is entitled to his/her own opinion.





lool

Every_LadY: the responses so far goes a long way in showing the bunch of Nigerian mentality towards 2nd hand goods. Why is our country a dumping ground for mechanical /electronic and textile waste? simply because we do not have any more value for our dignity. Our new born babies are welcome to the world with 2nd hand clothes and some people tell me it lasts longer. what a thinf? Am an anti second hand wear of all type,be it car/cloth/electronics.... we can reshape our future with a change of our mind set.am sure some other Ngerians share same sentiment, no matter how small the percentage it must surely increase.