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Is It That There Are No Affordable Cars In Nigeria Or What? - Autos - Nairaland

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Is It That There Are No Affordable Cars In Nigeria Or What? by BigBashiru: 5:58pm On Jun 18, 2022
Why are there no cars selling for N750,000 - N1.2 million that are good. All the cars are going for N1.8m and up - why

N1.8 million is a favorite price point to call which is $3272 - these days you no go even see 1.8m again; the new starting price is N2.2m or $4,400.

Even Innoson brand new lowest model is N8 million - $16000 but you can get brand new kia in usa and canada for around $8500 - $9000.

What the heck is going on
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by Taich(m): 6:01pm On Jun 18, 2022
I have a neatly used Kia Soul for 1.5m last. Everything is cool. Lower fuel economy and a nice ride. Location Portharcourt.
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by BigBashiru: 6:02pm On Jun 18, 2022
Taich:
I have a neatly used Kia Soul for 1.5m last. Everything is cool. Lower fuel economy and a nice ride. Location Portharcourt.

lol no be me asking... its a friend...
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by Taich(m): 7:00pm On Jun 18, 2022
BigBashiru:


lol no be me asking... its a friend...

Ok.
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by richie3384: 7:05pm On Jun 18, 2022
I have very clean Kia Rio 2016 for 2.3m 78000mileage. First owner, Air Conditioner, Automatic transmission, new tyres
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by eteebanky1: 7:23pm On Jun 18, 2022
Bro, you should know, it is inflation at play

Can you compare current exchange rate to that of 2017,18,19

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Re: Is It That There Are No Affordable Cars In Nigeria Or What? by Nobody: 10:37pm On Jun 18, 2022
BigBashiru:
Why are there no cars selling for N750,000 - N1.2 million that are good. All the cars are going for N1.8m and up - why

N1.8 million is a favorite price point to call which is $3272 - these days you no go even see 1.8m again; the new starting price is N2.2m or $4,400.

Even Innoson brand new lowest model is N8 million - $16000 but you can get brand new kia in usa and canada for around $8500 - $9000.

What the heck is going on

Inflation, devaluation of the naira, it's sad cos some of these cars are over 20 years old, current used price is even higher than what they sold as brand new cars in early 2000s.
Re: Is It That There Are No Affordable Cars In Nigeria Or What? by Orlaoluwayimika(m): 8:22am On Jun 19, 2022
richie3384:
I have very clean Kia Rio 2016 for 2.3m 78000mileage. First owner, Air Conditioner, Automatic transmission, new tyres

Can u pls share the pictures 09062864481

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