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Nairaland Forum / Nairaland / General / Autos / Toyota Camry To Cost N20 Million In 2014 (36498 Views)
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Toyota Camry To Cost N20 Million In 2014 by BizBooks(m): 11:35am On Nov 21, 2013 |
I’m not making this up. This happens to be the informed opinion of a Toyota Salesman in Lagos regarding the ban on importation of tokunbo cars. Here’s the exact quote: “…our Camry is about N9 Million now. But I can assure you that when we reflect the new 70% duty and levy…Camry will be about N20 Million” This represents an increase of more than 100%. We can expect all other car prices to go up by that much in 2014. Unfortunately, Nigeria is like a nation on a barber's chair. We move whichever direction our leaders push us, good or bad with little or no resistance. It is not too late to put a stop to this ill-advised policy. Contact every elected and government official you know by email, phone, twitter, facebook etc. Make your opinion known to them. If enough people complain, this policy might be reversed. Note: The Toyota Salesman was referring to a brand new Toyota Camry. Disclosure: The writer is an importer of tokunbo cars and will profit from a reversal of this policy. http://sunnewsonline.com/new/national/car-prices-rise-250/ 6 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Nobody: 1:35pm On Nov 21, 2013 |
I thought the ban was only 4 Tokumbo cars and nt brand new. U mean i should b budgeting One billion 4 the 2014 Range Rover Autobiography Edition am getting 4 ma grandmum by January? 17 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by BizBooks(m): 2:50pm On Nov 21, 2013 |
Bossforeva: I taught the ban was only 4 Tokumbo cars and nt brand new. The ban affects both new and used cars. Customs refer to them as "Fully Built Units" or FBUs. The only way to avoid the tariff is by shipping your car in parts which is not feasible. 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by sopoundz(m): 3:32pm On Nov 21, 2013 |
Nice move. Its high tym diz manufacturers cme into 9ja n build or assemble d cars here.... 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by Caseless: 3:32pm On Nov 21, 2013 |
Fresh air! 4 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by braine(m): 3:33pm On Nov 21, 2013 |
We may have to take the bicycle option offered by the government afterall• There's a lot of benefit in this development tho; the green house effect and others will reduce• Oya time to port to bicycle riding • 5 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Nobody: 3:33pm On Nov 21, 2013 |
Wahala dey ooooo!!!!!! |
Re: Toyota Camry To Cost N20 Million In 2014 by sexymoma(f): 3:33pm On Nov 21, 2013 |
Oshi |
Re: Toyota Camry To Cost N20 Million In 2014 by OkikiOluwa1(m): 3:33pm On Nov 21, 2013 |
Ontop wetin? I go patronize other car companies |
Re: Toyota Camry To Cost N20 Million In 2014 by Chrisbenogor(m): 3:34pm On Nov 21, 2013 |
Very Foolish politicians, Using govt money to buy cars and expect me to sell my blood just a get my limited edition Keke Napep Tunda faya una 8 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Nobody: 3:34pm On Nov 21, 2013 |
Na legging tinz remain...it neva fails me.. 9 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Zumarocket(f): 3:34pm On Nov 21, 2013 |
Why all this na Wen I got addmision ASUU cary their own cme Now were I wan by car. Fd carry this one cme. Naija make I pack?? 2 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Dygeasy(m): 3:34pm On Nov 21, 2013 |
Na Wa O 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by Nobody: 3:35pm On Nov 21, 2013 |
Lie. Like say boiz no go smuggle am in..hehehe 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by Smartjeezy(m): 3:35pm On Nov 21, 2013 |
Impossible....hummer jeep will be #300million then.... |
Re: Toyota Camry To Cost N20 Million In 2014 by sultanemerald(m): 3:35pm On Nov 21, 2013 |
Bossforeva: I taught the ban was only 4 Tokumbo cars and nt brand new. U mean i should b budgeting One billion 4 the 2014 Range Rover Autobiography Edition am getting 4 ma grandmum by January? actually laughed. 2 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Adeone: 3:35pm On Nov 21, 2013 |
This is part of the transformation agenda of our able President Goodluck Jonathan.More grease to your elbow sir. 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by Marpol: 3:35pm On Nov 21, 2013 |
Can I get the option of buy now pay later from any dealer? |
Re: Toyota Camry To Cost N20 Million In 2014 by Caseless: 3:35pm On Nov 21, 2013 |
sopoundz: Nice move. Its high tym diz manufacturers cme into 9ja n build or assemble d cars here....and even if they come here to build d cars, how many people can afford a brand new car? Or ar u talking about d employment it wl generate? 3 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by emyibe(m): 3:36pm On Nov 21, 2013 |
Thank God there are no duties or charges for using my legs. Trekking is a form of exercise. 6 packs here I come 4 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by rozayx5(m): 3:36pm On Nov 21, 2013 |
best time to fill the garage. then 1 Like |
Re: Toyota Camry To Cost N20 Million In 2014 by Caseless: 3:37pm On Nov 21, 2013 |
Adeone: This is part of the transformation agenda of our able President Goodluck Jonathan.More grease to your elbow sir.sharrap! Ur president is insensitive. 9 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by venorite(m): 3:37pm On Nov 21, 2013 |
Story,if it like make hi: be 200 million,i am not buying any innoson moto car 8 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Caseless: 3:38pm On Nov 21, 2013 |
Adeone: This is part of the transformation agenda of our able President Goodluck Jonathan.More grease to your elbow sir. |
Re: Toyota Camry To Cost N20 Million In 2014 by grandstar(m): 3:38pm On Nov 21, 2013 |
We have no comparative advantage or economies of scale in car manufacturing. That is what you get when you make an investment banker investment minister rather than a seasoned economist. Smh 2 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by Adesam09(m): 3:38pm On Nov 21, 2013 |
Dem don add another to our problems... I wan port oo |
Re: Toyota Camry To Cost N20 Million In 2014 by Nonybb: 3:40pm On Nov 21, 2013 |
Useless Government and useless followers. Stvpid generally 11 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by alphaconde(m): 3:40pm On Nov 21, 2013 |
Let them finish the country, our children and thiers would be together to suffer it. My dear nigerians don't be despaired when u hear such news, if things continue like this a time will come politicians will be running for their lives, they will be dieing like goats and chicken, becuase the anger of the populace will hunt them down anywhere. For me, I will just keep managing my audi a6. Was thinking of changing it by june next year. 5 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by manosteel(m): 3:40pm On Nov 21, 2013 |
100Million Nigerians are living in Poverty....World Bank Report, the remaining 50Million are those who can afford it, so why worry? |
Re: Toyota Camry To Cost N20 Million In 2014 by Nobody: 3:41pm On Nov 21, 2013 |
Gej - the car is not for the poor. 2 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by waterhouse071(m): 3:41pm On Nov 21, 2013 |
Then lets start producing cars locally instead of taking loans to buy junks. with GOD all things are possible. 2 Likes |
Re: Toyota Camry To Cost N20 Million In 2014 by ichidodo: 3:42pm On Nov 21, 2013 |
Nice development, now everyone will have to patronise locally built vehicles or leg to work.Too much cars on the road, if you ask me.Hope the policy unaffects the price of motocycles, especially power bikes 4 Likes |
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