While I am sure that the merits/demerits of the new automotive policy has been severally discussed, the breaking news is that it has taken effect today, meaning that clearing fees has gone up from 20% to a whooping 70%!
The implication is that an average sedan of around 2007-2013 which attracts market prices ranging between 1.6m - 3m Naira can skyrocket between 3m-5m Naira in the next couple of weeks as new shipments arrive.

Now the question is, what are the available made-in-Nigeria sedans that can sell for less than 2m currently?
Note that all the low end sedans (picanto, cherry etc) are also imported and their prices too will be hit.

Chai! I guess people will now take car maintenance more seriously.

0rex: Chai! I guess people will now take car maintenance more seriously.

Lol.
I guess this is the best time to be a car technician.
Even body spray shops will likely have increased patronage, as every body will want to preserve their fleet to last longer.

cecegorz:

Lol.
I guess this is the best time to be a car technician.
Even body spray shops will likely have increased patronage, as every body will want to preserve their fleet to last longer.

Lets wait and hear from the dealers, sadly they are all still preaching the pre order gospel.

its been suspended......till further notice.....buh 35% still stands