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Advantages And Disadvantages Of Buying Your Car From Cotonou - Car Talk (4) - Nairaland

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Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by saintjoel(m): 9:16pm On Aug 20, 2016
elvis07:
Pls wat will be the cost of clearing a salvaged tittle 2010 range rover vogue if shipped to cotonou. Ur response will be greatly appreciated.

You can get in touch with me 08062948193. We're currently on strike at seme border because of customs and FG policies. We pay money as bank charges and they still collect huge sums of money for processing, so agents and our excos agreed on an indefinite strike till when the finance minister and customs agree on lower charges.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by musicwriter(m): 9:49pm On Aug 20, 2016
saintjoel:


Let use an accident free 2009/010 corolla (,leather seats) for example.

Purchasing from Cotonou is as follows :-

Purchase cost + cotonou duty + Nigerian custom duty = Total purchase cost.

The car shown below has an asking price of 4.3m cefa.

Which means the following :-

3.8m cefa (purchase cost) + 500,000 cefa (Cotonou duty) + N480,000 (Nigerian custom duty*** using GHE new rate of N313 - 1,000 cefa****)


4.3m cefa * =N=640 = =N= 2,7500,000 ( total purchase cost in naira) plus N480,000 = N3,230,000

*** NOTE THAT THE ASKING PRICE MEANS THAT YOU CAN STILL BARGAIN FOR A LOWER PURCHASE PRICE AFTER INSPECTION, IT ALSO MEANS THAT THE CAR CAN STILL BE BOUGHT FOR N3m OR lower. Now tell me which Nigerian car dealer will sell a keyless grade one, accident free for that amount in Nigeria,after importing into the country at the rate of N380 - 1$ and paying duty at N313 - 1$.

Policemen don't have any right whatsoever to ask for your duty papers, if it's true that they searched your car and wanted to arrest you for having Cotonou papers in it, they just wanted to scam you and that's why I find it so hard to believe. I've been driving vehicles from Cotonou for years even without plates and as long as I show them my valid driver's license, they always leave me alone.


You have no idea the state of things today. Exchange rate as at today is N630 to 1,000 CFA. So, what you have there is over double the price you quoted!.

Car wasn't dutied.

1 Like

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by musicwriter(m): 9:54pm On Aug 20, 2016
adisarasaq:


you settle because police doesn't have business with where your car comes from as far as it's not stolen, I only pray you don't get arrested by the Nigerian customs

The car wasn't dutied. If I paid duty on it there would've been no need to settle anybody.

1 Like

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by ANAKONDA: 10:01pm On Aug 20, 2016
AutoJoshNG:
The car market in Cotonou is arguably the largest automobile market in West Africa as it thrives on Nigeria’s mega population. Many Nigerians have resolved to buying their cars from this market due to several challenges inherent in getting a good bargain within our fatherland. I recommend that you consider the following advantages and disadvantages before buying your first or next car through the Cotonou route:

ADVANTAGES

1) Level of honesty: This market welcomes you with a lovely aura and a serene environment which gives you the opportunity to explore
without being exploited by those guys who always claim “nah my brother get the car”. The Cotonou dealers would calmly communicate the prices of their vehicles to you and they will not hassle or compel you to buy from their lot. Obviously, they are not over desperate to sell and this significantly reduces the extent to which they cheat their clients. However, this does not mean you should be gullible and fall for what they want you to believe as they also roll back mileages and refurbish several accidented cars
, but they will hardly sell a registered car to you as tokunbo like our brothers at Berger would.

2) Cleaner cars: The car dealers in Cotonou can afford to buy more cars that are not
accidented because they do not bare any import duty cost as the import duty is paid to the Government by the buyer after the car is sold by the dealer. Hence, they have a reasonable
amount of cars that are not accidented and the accidented ones are usually repaired by professional panel beaters and painters.

3) Relatively low import duty for high-end cars: Several luxury and recent cars that are considered to be high-end are usually brought into Nigeria through the Seme land border due to reduced duty. A major reason for the reduced duty is the fact that Benin Republic’s
Government charges a fixed import duty (500,000 CFA = 320,000 Naira) on all cars irrespective of its year or trim. Furthermore, the import duty at Seme border is less than Apapa and Tincan port as charges that accrue to shipping companies are waived, basic import duties are usually lower and smuggling is easier. I remember counting over 100 Landcruiser and Prado jeeps that came into Nigeria the only night I slept at Ilaro town about 2 years ago.

4) Varieties: If you want to get tired of
seeing cars, Cotonou car market is the place to be. You will be overwhelmed by the unlimited number of cars spread over the vast expanse of land. Do not make the mistake of doing your search by foot as those that move around the market on motorbikes still complain of being exhausted.

5) Market localization: This eliminates the stress of driving across a whole state or an entire city in search of a car as most of the cars are located within close proximity to one another.

DISADVANTAGES

1) Difficulty to run a VIN check: This will
not be an issue if you have internet data on your phone. However, it is a major issue for so many people who make payment for cars without
having information about its flooded history or rolled back mileage. I inspected some cars in Cotonou 3 weeks ago and only realized that the one we liked the most had its mileage reduced from 258,000 miles to 125,000 miles. Thank God we went back to Seme border to get network to run the VIN checks.

2) Relatively high import duty for cheaper cars: There is a myth that all cars from Cotonou are cheaper than cars which are cleared via
Lagos ports. This is actually false especially in the case of cars that are relatively old. e.g a 2003 Toyota Camry is usually cheaper if imported through Apapa sea ports as against routing it through Cotonou because you would pay double duty to two separate Governments in the latter.

3) Nigeria Customs’ palava: Customs’ issue is the king of all the challenges you can face when bringing your car into Nigeria from Cotonou. The issues ranges from vehicle seizure to exploitation. I do not hope for my enemy to
experience this as those Custom guys are not smiling no matter who you are or who you know. They even seize vehicles that belong to their fellow custom officials as well as that of top military officials. The simplest way to save your
car from being seized is by using a reliable and trustworthy agent and ensuring your car is taken into the Nigerian Customs’ compound at the border for proper duty assessment and payment.

4) Restricted movement: Most Nigerians who successfully bring in cars with
compromised import duty from Cotonou usually count their gains at the time of purchase.
However, this excitement fades away quickly as they begin to watch over their shoulders especially when travelling interstate. Some even travel without their cars due to fear of custom officials.

5) Possible damage when vehicle is in transit: A typical example of penny wise is when you save some bucks by bringing your car in from
Cotonou but the cost of damage sustained to
your car is commensurate to or higher than the anticipated savings. Some car crossing agents who smuggle cars without the owner’s consent still had a shootout with custom officials a few weeks back.

My verdict is for you to only bring in your car from Cotonou if you have a trusted hand who will not smuggle/fly your car and ensure full import
duty is paid after proper assessment at the custom’s office.

What is your verdict on this pertinent issue?

http://autojosh.com/5-advantages-and-disadvantages-of-buying-your-car-from-cotonou/





You are swell. Thanks.
But please how is the VIN check carried out ?
What details are required ?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by sonnie10: 10:26pm On Aug 20, 2016
Nnaabros:
Sorry to ask guys, who keeps records of a car's mileage.? Is there some component in the car that records the distance it has covered in it's lifetime? And how is it possible that you can access that information on the internet?

Using USA as an example, vehicles are inspected on yearly bases before they are allowed on the road. It is called motor vehicle inspection. Accredited private mechanic workshops are connected to database of the State Registry of Motor Vehicle, so that information from your vehicle could be captured and stored in those database. Therefore every year, when you take you vehicle in for inspection, the mileage is read and store in this database.

Because there are laws that allow access to information classified as public information, some company go into the business of getting this information (your car millage ) from those database where they are stored. They do so by using the unique number called VIN which is specific for every vehicle to see its corresponding millage and other information about the car such as accident history. These they sell to you for a fee. Google Carfax.

Hope this answers you question on who keeps records of car mileage?


What do "smart dealers" do? Take for instance, they buy a car that was used for livery or taxi which was inspected in January and mileage read 110k as at that time of inspection. If this car was used through out the year for long commutes and got additional mileage of say 80k. So it has 110 + 80 = 190mileage. The smart dealer then would first look up the mileage which obviously would still be 110k on record. He then rolls the odometer reading back to 115 to make it look like its a low mileage vehicle. This is the case of most used vehicle sold in African markets. The actual low mileage ones are hardly exported and not cheap either.

4 Likes

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by saintjoel(m): 10:35pm On Aug 20, 2016
musicwriter:


You have no idea the state of things today. Exchange rate as at today is N630 to 1,000 CFA. So, what you have there is over double the price you quoted!.

Car wasn't dutied.

It even makes it better if exchange dropped to N630 - 1,000 cefa. So how does what I quoted before double what I just quoted now, the difference is just N10:00.

It means that at 4.3m cefa, the car is N2.7m (asking price) + N480,000 ( Nigerian custom duty)....


Why didn't you pay duty for the car and you're also part of the problems agents have, you made it seem that it was just because they saw papers from Cotonou, you didnt tell us about the smuggling part.

2 Likes

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by yom2(m): 3:10am On Aug 21, 2016
AutoJoshNG:
The car market in Cotonou is arguably the largest automobile market in West Africa as it thrives on Nigeria’s mega population. Many Nigerians have resolved to buying their cars from this market due to several challenges inherent in getting a good bargain within our fatherland. I recommend that you consider the following advantages and disadvantages before buying your first or next car through the Cotonou route:

ADVANTAGES

1) Level of honesty: This market welcomes you with a lovely aura and a serene environment which gives you the opportunity to explore without being exploited by those guys who always claim “nah my brother get the car”. The Cotonou dealers would calmly communicate the prices of their vehicles to you and they will not hassle or compel you to buy from their lot. Obviously, they are not over desperate to sell and this significantly reduces the extent to which they cheat their clients. However, this does not mean you should be gullible and fall for what they want you to believe as they also roll back mileages and refurbish several accidented cars, but they will hardly sell a registered car to you as tokunbo like our brothers at Berger would.

2) Cleaner cars: The car dealers in Cotonou can afford to buy more cars that are not accidented because they do not bare any import duty cost as the import duty is paid to the Government by the buyer after the car is sold by the dealer. Hence, they have a reasonable amount of cars that are not accidented and the accidented ones are usually repaired by professional panel beaters and painters.

3) Relatively low import duty for high-end cars: Several luxury and recent cars that are considered to be high-end are usually brought into Nigeria through the Seme land border due to reduced duty. A major reason for the reduced duty is the fact that Benin Republic’s Government charges a fixed import duty (500,000 CFA = 320,000 Naira) on all cars irrespective of its year or trim. Furthermore, the import duty at Seme border is less than Apapa and Tincan port as charges that accrue to shipping companies are waived, basic import duties are usually lower and smuggling is easier. I remember counting over 100 Landcruiser and Prado jeeps that came into Nigeria the only night I slept at Ilaro town about 2 years ago.

4) Varieties: If you want to get tired of seeing cars, Cotonou car market is the place to be. You will be overwhelmed by the unlimited number of cars spread over the vast expanse of land. Do not make the mistake of doing your search by foot as those that move around the market on motorbikes still complain of being exhausted.

5) Market localization: This eliminates the stress of driving across a whole state or an entire city in search of a car as most of the cars are located within close proximity to one another.

DISADVANTAGES

1) Difficulty to run a VIN check: This will not be an issue if you have internet data on your phone. However, it is a major issue for so many people who make payment for cars without having information about its flooded history or rolled back mileage. I inspected some cars in Cotonou 3 weeks ago and only realized that the one we liked the most had its mileage reduced from 258,000 miles to 125,000 miles. Thank God we went back to Seme border to get network to run the VIN checks.

2) Relatively high import duty for cheaper cars: There is a myth that all cars from Cotonou are cheaper than cars which are cleared via Lagos ports. This is actually false especially in the case of cars that are relatively old. e.g a 2003 Toyota Camry is usually cheaper if imported through Apapa sea ports as against routing it through Cotonou because you would pay double duty to two separate Governments in the latter.

3) Nigeria Customs’ palava: Customs’ issue is the king of all the challenges you can face when bringing your car into Nigeria from Cotonou. The issues ranges from vehicle seizure to exploitation. I do not hope for my enemy to experience this as those Custom guys are not smiling no matter who you are or who you know. They even seize vehicles that belong to their fellow custom officials as well as that of top military officials. The simplest way to save your car from being seized is by using a reliable and trustworthy agent and ensuring your car is taken into the Nigerian Customs’ compound at the border for proper duty assessment and payment.

4) Restricted movement: Most Nigerians who successfully bring in cars with compromised import duty from Cotonou usually count their gains at the time of purchase. However, this excitement fades away quickly as they begin to watch over their shoulders especially when travelling interstate. Some even travel without their cars due to fear of custom officials.

5) Possible damage when vehicle is in transit: A typical example of penny wise is when you save some bucks by bringing your car in from Cotonou but the cost of damage sustained to your car is commensurate to or higher than the anticipated savings. Some car crossing agents who smuggle cars without the owner’s consent still had a shootout with custom officials a few weeks back.

My verdict is for you to only bring in your car from Cotonou if you have a trusted hand who will not smuggle/fly your car and ensure full import duty is paid after proper assessment at the custom’s office.

What is your verdict on this pertinent issue?

http://autojosh.com/5-advantages-and-disadvantages-of-buying-your-car-from-cotonou/


pls can two persons name appear on a vehicles licence if they both contributed to purchase it as in a company?

1 Like

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 11:58am On Aug 21, 2016
yom2:
pls can two persons name appear on a vehicles licence if they both contributed to purchase it as in a company?

Yes. It is possible.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 12:04pm On Aug 21, 2016
ANAKONDA:




You are swell. Thanks.
But please how is the VIN check carried out ?
What details are required ?

The VIN check is carried out by accessing a pre-stored data usually through Carfax or Autocheck.

The 17 digit car VIN is required to carryout this check. The VIN is located at the lower part/driver's side of the car's windshield and on the B-pillar on the drivers side.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by Nobody: 3:30pm On Aug 21, 2016
sonnie10:


Using USA as an example, vehicles are inspected on yearly bases before they are allowed on the road. It is called motor vehicle inspection. Accredited private mechanic workshops are connected to database of the State Registry of Motor Vehicle, so that information from your vehicle could be captured and stored in those database. Therefore every year, when you take you vehicle in for inspection, the mileage is read and store in this database.

Because there are laws that allow access to information classified as public information, some company go into the business of getting this information (your car millage ) from those database where there are stored. They do so by using the unique number called VIN which is specific for every vehicle to see its corresponding millage and other information about the car such as accident history. This they sell to you for a fee. Google Carfax.

Hope this answers you question on who keeps records of car mileage?


What do "smart dealers do?" Take for instance, they buy a car that was used for livery or taxi that was inspected in January and mileage read 110k as at that time of inspection. If this car is used through out the year for long commutes and gets additional mileage of say 80k. So it has 110 + 80 = 190mileage. The smart dealer then would first look up the mileage which obviously would still be 110k on record. He then rolls the odometer reading back to 115 to make it look like its a low mileage vehicle. This is the case of most used vehicle sold in African markets. The low mileage ones are hardly exported and not cheap either.

Wow! Very concise. You're awesome

1 Like

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by makizee(m): 5:06pm On Aug 21, 2016
were this pictures taken at Cotonou or Lagos?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by stanleyfish5: 7:58pm On Aug 21, 2016
AutoJoshNG:
The car market in Cotonou is arguably the largest automobile market in West Africa as it thrives on Nigeria’s mega population. Many Nigerians have resolved to buying their cars from this market due to several challenges inherent in getting a good bargain within our fatherland. I recommend that you consider the following advantages and disadvantages before buying your first or next car through the Cotonou route:

ADVANTAGES

1) Level of honesty: This market welcomes you with a lovely aura and a serene environment which gives you the opportunity to explore without being exploited by those guys who always claim “nah my brother get the car”. The Cotonou dealers would calmly communicate the prices of their vehicles to you and they will not hassle or compel you to buy from their lot. Obviously, they are not over desperate to sell and this significantly reduces the extent to which they cheat their clients. However, this does not mean you should be gullible and fall for what they want you to believe as they also roll back mileages and refurbish several accidented cars, but they will hardly sell a registered car to you as tokunbo like our brothers at Berger would.

2) Cleaner cars: The car dealers in Cotonou can afford to buy more cars that are not accidented because they do not bare any import duty cost as the import duty is paid to the Government by the buyer after the car is sold by the dealer. Hence, they have a reasonable amount of cars that are not accidented and the accidented ones are usually repaired by professional panel beaters and painters.

3) Relatively low import duty for high-end cars: Several luxury and recent cars that are considered to be high-end are usually brought into Nigeria through the Seme land border due to reduced duty. A major reason for the reduced duty is the fact that Benin Republic’s Government charges a fixed import duty (500,000 CFA = 320,000 Naira) on all cars irrespective of its year or trim. Furthermore, the import duty at Seme border is less than Apapa and Tincan port as charges that accrue to shipping companies are waived, basic import duties are usually lower and smuggling is easier. I remember counting over 100 Landcruiser and Prado jeeps that came into Nigeria the only night I slept at Ilaro town about 2 years ago.

4) Varieties: If you want to get tired of seeing cars, Cotonou car market is the place to be. You will be overwhelmed by the unlimited number of cars spread over the vast expanse of land. Do not make the mistake of doing your search by foot as those that move around the market on motorbikes still complain of being exhausted.

5) Market localization: This eliminates the stress of driving across a whole state or an entire city in search of a car as most of the cars are located within close proximity to one another.

DISADVANTAGES

1) Difficulty to run a VIN check: This will not be an issue if you have internet data on your phone. However, it is a major issue for so many people who make payment for cars without having information about its flooded history or rolled back mileage. I inspected some cars in Cotonou 3 weeks ago and only realized that the one we liked the most had its mileage reduced from 258,000 miles to 125,000 miles. Thank God we went back to Seme border to get network to run the VIN checks.

2) Relatively high import duty for cheaper cars: There is a myth that all cars from Cotonou are cheaper than cars which are cleared via Lagos ports. This is actually false especially in the case of cars that are relatively old. e.g a 2003 Toyota Camry is usually cheaper if imported through Apapa sea ports as against routing it through Cotonou because you would pay double duty to two separate Governments in the latter.

3) Nigeria Customs’ palava: Customs’ issue is the king of all the challenges you can face when bringing your car into Nigeria from Cotonou. The issues ranges from vehicle seizure to exploitation. I do not hope for my enemy to experience this as those Custom guys are not smiling no matter who you are or who you know. They even seize vehicles that belong to their fellow custom officials as well as that of top military officials. The simplest way to save your car from being seized is by using a reliable and trustworthy agent and ensuring your car is taken into the Nigerian Customs’ compound at the border for proper duty assessment and payment.

4) Restricted movement: Most Nigerians who successfully bring in cars with compromised import duty from Cotonou usually count their gains at the time of purchase. However, this excitement fades away quickly as they begin to watch over their shoulders especially when travelling interstate. Some even travel without their cars due to fear of custom officials.

5) Possible damage when vehicle is in transit: A typical example of penny wise is when you save some bucks by bringing your car in from Cotonou but the cost of damage sustained to your car is commensurate to or higher than the anticipated savings. Some car crossing agents who smuggle cars without the owner’s consent still had a shootout with custom officials a few weeks back.

My verdict is for you to only bring in your car from Cotonou if you have a trusted hand who will not smuggle/fly your car and ensure full import duty is paid after proper assessment at the custom’s office.

What is your verdict on this pertinent issue?

http://autojosh.com/5-advantages-and-disadvantages-of-buying-your-car-from-cotonou/



Sir how do run a VIN check on a car to know mileage?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by ANAKONDA: 8:01pm On Aug 21, 2016
AutoJoshNG:


The VIN check is carried out by accessing a pre-stored data usually through Carfax or Autocheck.

The 17 digit car VIN is required to carryout this check. The VIN is located at the lower part/driver's side of the car's windshield and on the B-pillar on the drivers side.


Thanks

1 Like

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 8:09pm On Aug 21, 2016
makizee:
were this pictures taken at Cotonou or Lagos?

Cotonou
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 8:11pm On Aug 21, 2016
stanleyfish5:


Sir how do run a VIN check on a car to know mileage?

Post the VIN on my VIN check thread.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by Sunsets: 6:10am On Aug 22, 2016
RPDA:
I won't advise cotonou cars in this trying times of almost #400 to $1.

Some agent are ready to sugarcoat their tongue so you can part away with your money. Don't get your hands burnt.

You could get a car of same spec & model from USA at a lesser rate instead of heading towards cotonou.

Ask me how when you are ready to purchase.
How? because I am ready
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by saintjoel(m): 8:15am On Aug 25, 2016
bravolad:
Spot on @OP especially point 1 of the advantages. The dealers are not desperate to sale. They just tell u their price and walk away, no coarsing, preaching or overzealous nature of the Nigerian sellers.

However, they are usually dishonest about the state of the cars. Hence, it''s absolutely imperative to run a vehicle history report (VHR ) prior to making payment for any car.

Paying for Nigeria Custom Duty is a simple process but the NCS in conivance with agents have made it to appear a difficult process in order to extort buyers.

Once buyers can get valuation and walk into any bank and make payment themselves, the myth and difficulties associated with duty payment would have been debunked.

For those of you that think payment of custom duty is a smooth ride in any country without agents as brokers, shown below are the excos from the national body of the association of Nigerian licensed customs agents addressing agents on TUESDAY about the ongoing strike at seme border by agents.

The national president, ALHAJI SHITTU is sitted third from the left, while Mr Fanu (Nybo),the chairman of ANLCA seme border is standing.

Part of what was discussed is as follows :-

1. Central database and data exchange between Benin customs/agents and Nigerian customs/agents. Agents have been fighting for a central database for years but custom officers and ministry of finance have turned deaf ears to our pleas. The central database will prevent corruption and smuggling, if a car is bought from/shipped through cotonou,a notification comes on at the Nigerian end and the car is expected at the border,while the agent in charge is also informed, if the CAR is smuggled into Nigeria, the FRSC and NPF can be informed and the car and it's owner will be arrested at the point of registration,the officers and agents involved in smuggling can then be traced.

2. Reduction of import tariff so that importers can be encouraged.

3. Reduction of custom checkpoints on our highways to prevent extortion of agents and importers.

4. The enforcement of a "one Direct trader input unit ( DTI),one agency rule",which also take care of false declarations,fake duty papers and smuggling.

5. Arrest of custom officers caught running entries and agents caught conniving with them.

6. The data capture of every licensed customs agent and the strict compliance to the rule. Also the national president talked about re-training of all agents.

The national president in the person of Alhaji SHITTU is currently in Kano to meet the C.G of customs for a parley while the minister of finance has summoned the area controller of seme border, the deputy controllers of vehicle seat and valuation to advice her on the next step to take on the tariff.

So don't just think that agents are just sitting down to make money,they are actually the persons calling customs to order. There might be bad eggs amongst us but for every corrupt agent,we also have two or three corrupt importers. Agents like many other professional bodies are trained in what they do,can you walk into a clinic and start prescribing drugs for yourself or can you walk into a tax office and start auditing, if you're not trained as an auditor

If an agent charges you N800,000 for a job, they'll rather handover to an agent that claims he/she can do it for N400,000.

https://www.nairaland.com/2148485/cotonou-dealers-importers-agents-thread#30746638

This thread has been active for years but unfortunately,none of the so-called agents even in nairaland have bothered to input their details on the thread, it shows the rot in the system and with time, it will be cleared by ANCLA.

2 Likes

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by oludareojemeh: 4:38pm On Aug 25, 2016
Well written article, it hits the points.

2 Likes

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by saintjoel(m): 6:05pm On Aug 25, 2016
AutoJoshNG:



3) Nigeria Customs’ palava: Customs’ issue is the king of all the challenges you can face when bringing your car into Nigeria from Cotonou. The issues ranges from vehicle seizure to exploitation. I do not hope for my enemy to experience this as those Custom guys are not smiling no matter who you are or who you know. They even seize vehicles that belong to their fellow custom officials as well as that of top military officials. The simplest way to save your car from being seized is by using a reliable and trustworthy agent and ensuring your car is taken into the Nigerian Customs’ compound at the border for proper duty assessment and payment.

4) Restricted movement: Most Nigerians who successfully bring in cars with compromised import duty from Cotonou usually count their gains at the time of purchase. However, this excitement fades away quickly as they begin to watch over their shoulders especially when travelling interstate. Some even travel without their cars due to fear of custom officials.


If any importer falls into these category,he/she can approach a licensed AGENT to raise what is called a DEBIT NOTE (D.N). A debit note is raised with the importers consent,its raised between the C. A. C,post clearance unit and the valuations units.

The D. N is used to cover-up for the balance of what was supposed to be paid as duty initially and believe me, a DN will save you from embarrassment when custom officers stop you on the highway.

Please note that before a DN can be raised, your papers must be original and the original year of declaration must be known, also the cheapest you can process a DN is N170,000 but please note that it's also subject to the model of the vehicle you're declaring.

Picture one shows the initial payment of N158,000

Picture two shows N105,000 that was raised as D. N for the vehicle.

Picture three shows the post clearance release form showing the reason a D. N was raised.

These pictures are from JELAD ventures and mustn't be copied.

2 Likes

Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by KoldKash(m): 11:51am On Aug 31, 2016
@AutoJosh,these RX350 are they certified or brandnew?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 1:45pm On Aug 31, 2016
KoldKash:
@AutoJosh,these RX350 are they certified or brandnew?

Brand New.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by KoldKash(m): 12:37am On Sep 01, 2016
AutoJoshNG:


Brand New.

Any certifieds available?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by AutoJoshNG: 8:27am On Sep 01, 2016
KoldKash:


Any certifieds available?

There is for sure and I can search for you if you contact me through my website in the signature.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by KoldKash(m): 1:28pm On Sep 01, 2016
AutoJoshNG:


There is for sure and I can search for you if you contact me through my website in the signature.

Ok
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by Nobody: 3:46pm On Sep 01, 2016
What about the custom duty, the Nigerian custom service will impound your vehicle, because the cotonou custom duty wont reflect the new Nigerian custom duty regime.

CAVEAT EMPTOR.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by saintjoel(m): 10:19am On Oct 04, 2016
kaeforum:
What about the custom duty, the Nigerian custom service will impound your vehicle, because the cotonou custom duty wont reflect the new Nigerian custom duty regime.

CAVEAT EMPTOR.

Which duty doesn't reflect, is it the one paid at seme/idiroko borders to the Nigerian Customs Service OR which one?
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by bigass(f): 11:12am On Oct 06, 2016
saintjoel:


Which duty doesn't reflect, is it the one paid at seme/idiroko borders to the Nigerian Customs Service OR which one?

Aside from the port charges. Is there any difference in valuation/custom duties paid on any car between seme(land) and Tincan(sea) borders?. I expect that car values and subsequent duties are same irrespective of the border.
Re: Advantages And Disadvantages Of Buying Your Car From Cotonou by tbaba063(m): 11:56am On Oct 06, 2016
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