You can buy fairly used cars online from the comfort of your home while saving hundreds of thousands of Naira for every new car you buy using a simple 5-step process 97% of Nigerians do not know

Right now, if you walk to any car dealer shop in Nigeria and ask for the price of a clean Ford Edge 2010 model, the lowest price you will get is N3.5m

But you know what?

You can import this SUV and the total cost for importing, shipping and clearing it at the customs would be approximately N2.7m (thereby saving N800,000)

​Here is the Breakdown: (please not all are approximate)

​(1) Cost of buying car – $4100 (N1,496,500)
(2) Cost of shipping to port – N54,750
(3) Cost of shipping to Nigeria – N438,000
(4) Cost of clearing at customs – N720,000

TOTAL: N2,700,000

​The Best Part is… You can ​Process Everything From your Mobile Phone or laptop!

The only part of the entire process that could take you outside is going to the bank to send money for the car payment.

Apart from that, every other thing can be done from your mobile phone or laptop.

Basically, almost all the cars in Nigeria today were imported from overseas and there are two different ways of buying and importing cars from overseas.

The 2 main ways have to do with:
1. Buying brand new cars: This is not the main point of discussion here. So, I won’t be talking about it.
2. Buying Used cars: These are the cars that we refer to as Tokunbo. As at 2019, it was said that Nigerians imported cars to the tune of $70 billions and I believe this is true because majority of the cars we use in Nigeria are used cars.

Now, here is what you need to know.

People in developed countries like the U.S usually buy brand new cars and most of these cars are fully insured.

So, when such a car gets involved in accidents, get exposed to bad weather, has scratches etc, the cars are listed out for sale by the insurance company.

The owner of the car takes the car to the insurance company. And the insurance company collects and replaces the car with a
new one and put the old cars out for sale at auction for a very cheap price.

So, people like you and I can now go to these auctions to buy these cars for very cheap. Far more than their normal cost.

That is why someone could buy a Range Rover sports 2016 for as low as $5000 (excluding other charges)

In auctions, cars are sold at the highest price that people are ready to pay, determined through bidding.

Let me explain better with this illustration:

Let say, the auction company wants to auction out a 2005 Toyota Camry Considering the year of the car, model and the little fault the car has, they might decide to place an auction startup price of $500 that’s (N182, 000 ) on it.

And whoever is interested in buying this car is regarded as the bidder

The bidders are expected to have checked-out the car and inspect them to see the damages and faults the cars has even before the auction starts

Once the auction starts… The auctioneer will announce the startup price for the car to the bidders and all the bidders will have to win the car by bidding for it.

Whoever bids the highest wins the car and the winner of the car is expected to pay for the car within 3days. Failure to do that will surely attract overdue payment charges fee of about $400 to $1000 depending on the company’s rules.

And the winner is also expected to pick up his car after payment within 5days or pay $50 everyday till he is ready to pick the car.

2 Types of Auctions
There are two ways a buyer can buy cars at auctions which are:
1. On-site live auction: This type of auction requires the bidders to be present physically at the auction scene to inspect and bid amongst over millions of cars available for auction during the event.
2. Online live auction: this types of auction is where the bidder will be available online to check-out and bid for cars online while the on-site live auction is going on. This is the type of auction we are interested in.

I have attached a FREE Do it Yourself Guide with all you need to know (Direct Download No Need To Signup)

Download for FREE Below

http://www.mediafire.com/file/iajb8bolkfvj1mx/ccar-importguide-FREE.pdf/file

Thanks for sharing