Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,195 members, 7,822,038 topics. Date: Thursday, 09 May 2024 at 03:27 AM

Factors To Consider Before Buying A Luxury Vehicle In Nigeria - Car Talk - Nairaland

Nairaland Forum / Nairaland / General / Car Talk / Factors To Consider Before Buying A Luxury Vehicle In Nigeria (784 Views)

Tekowi: Armoured Vehicles Manufactured By Obasa Specialty Vehicle In Ekiti State / Keep Your Vehicle In Shape By Maintaining These 7 Fluids / Young Man Thrills Ladies With His “Customised Vehicle” In Enugu. Photos (2) (3) (4)

(1) (Reply) (Go Down)

Factors To Consider Before Buying A Luxury Vehicle In Nigeria by Presegs(m): 8:54pm On Dec 06, 2021
As often mentioned, Nigerians place a very high demand on luxury items specifically because the people are known to hold in high regard items such as electronics, gadgets, automobiles, clothes, accessories, etc., that are incredibly spontaneous, classy and expensive.

These items, when luxurious, sell off rapidly in the country and are never enough to meet the people's high demands. However, the people silently, and sometimes obviously, compete over who has the better taste and classier lifestyle.

Luxury cars have become a significant force to reckon with in Nigeria, especially among the people with high class in the society. On the streets of Lagos today, it is always one luxury car going past another. The roads are full of them, and more people are still clamouring and trying to join the league of luxury car users.

Deciding to buy a luxury car is not bad, but many people who make such decisions do not weigh their options right before making them. Many such people find it challenging to maintain such cars, and they get to sell them off not long before they should.

We understand that everyone has desires, interests, and needs, which also come to play when selecting the preferred vehicle during purchase. For instance, the sole purpose of the rich getting a luxury car is to make a grand statement everywhere they step into society.

This grand statement is golden to them because ordinarily, cars have gone beyond being a mere conveyance machine for them. Instead, it is now a tool that tells of their prestige and comforts them. And coupled with how Nigeria is a highly competitive society, it is no surprise that rich people will gush after such luxury cars without thinking twice.

However, unlike these high standard people, some others would rather be pretty practical in their reasoning and would always opt for cars that assure their safety and give a good performance than one that screams 'spontaneous'.

FIVE ADVANTAGES OF USING A LUXURY CAR

Because this article generally addresses people who plan to get a luxury car, we will first examine the various advantages of using a luxury car.

1. They announce the owner's prestige, class, and status, even without the person speaking. And this comes in handy in a society like Nigeria, where there are class divisions and social hierarchy. They set the owners apart from others in an inferior class and help them gain respect, cause admiration and stir up envy among the people. No one would belittle the owner of a luxury car, even if they have a petite stature. On the contrary, everyone would want to get on their good side because, of course, who would not want to associate and be friends with the rich?

2. Producers give special attention to the safety features and technologies that come with luxury cars to make them so that the people inside them enjoy maximum safety even when there is a car crash. Luxury cars are costly, and it is only rational that their technologies massively guarantee and supply high safety. Even the engines that producers specially design for luxury vehicles are top-notch. We all want safe cars, don't we?

3. Luxury cars are very comfortable and stress-free to drive. Driving them gives you an exquisite and smooth experience, ensuring that you never get tired of driving. Nigerian roads are nothing to write home about but driving a luxury car makes you feel like you are somewhere else entirely. These are aside from the fact that your solitude is assured with luxury cars completely soundproof and shutting out noises and disturbances from the streets.

4. Luxury cars have a substantial resale value regardless of how long they have spent with the owner. They never lose their second-hand value because they do not age in performance and functions, and they would never pass with time. The clear-cut reason for this is that there is usually a limited production of luxury cars. After producing, producers always need to update the produced car's models, moving on to better production. Previous productions then become scarce, attracting more whooping offers for the willing buyers.

5. They come with more extended warranties because they cost much more than ordinary cars. As a result, their producers are readily available to respond to any issue in their luxury brands within the extended period that the warranty will last, which is their way of ensuring that luxury car buyers get their full money's worth. Averagely, these warranties last for as long as four years, and within these years, the car's producer is accountable for any fault that arises and is at the buyer's beck and calls.

All of these are the significant advantages of using luxury cars in Nigeria. However, regardless of the reason behind your decision, there are essential factors that you must first consider before buying a luxury car. But of all factors, we will be examining in this article the environmental factors that people often overlook in the section below.

SEVEN ENVIRONMENTAL FACTORS YOU MUST FIRST CONSIDER BEFORE BUYING A LUXURY CAR

1. What is the condition of the road that the car will frequently pass through? This question is crucial because almost every road in Nigeria is not friendly for vehicles. Indeed, luxury cars are robust and can withstand any road condition. However, rough roads are generally very unsuitable for vehicles. They deteriorate the vehicles' quality and reduce their effective performance by affecting their alignment and exposing their tyres to the risk of wear, tear and total damage. In summary, bad roads will do luxury vehicles no good but only reduce their life span. So, the condition of your location's roads vividly matters when you look at the car's worth.

2. Can you afford the car's maintenance? How easily available are its parts? Are they very scarce, or could they be easily purchased? Do you earn enough to afford these parts? These are another set of crucial questions to ask before purchasing that luxury car. Indeed, luxury cars come with a warranty that lasts for many years. But trust me, you would still need that local automobile engineer/mechanic. Every vehicle has a maintenance cost. The costlier the vehicle, the more its maintenance costs. Regular professional check-ups and servicing will come at what cost? How much attention will the vehicle require from you, and are you in the position to give that much? Weigh all the maintenance costs and see if, indeed, getting a luxury car is right for you and befits your earnings or income.

3. Will your day-to-day activities and everyday lifestyle perfectly suit the luxury vehicle? What do you spend most of your day doing, or where do you frequent? Is it the market? Is your workplace pretty close to your home? What you spend most of your day doing and where you usually go to will tell if you genuinely need a luxury car or an ordinary car. If you barely go out, why buy an expensive car that could get faulty when you park it for so long, more than you should? Is the luxury car fit to withstand long hours of drive and long distances if you travel often? Is it the type of car right for shopping at a local market? It would be best if you weighed this option right by thinking of your work, hobbies, responsibilities, family size, job type, side jobs, and so on.

4. How is the car's fuel economy? Regardless of how sleek, comfortable and attractive a car looks, one essential factor to consider before purchasing it is how much it consumes fuel, whether a lot or averagely. The luxury car you want to purchase stands the chance of consuming so much fuel because of its high performance. However, will you be able always to buy as much fuel as the car needs? If your income permits your affordability of these expenses, but you are not sure of what the future may hold, or if it doesn't permit it at all, both require that you think twice about purchasing the luxury car.

5. Are the engineers in your country pretty conversant with the car? Can they repair It well enough? This factor is essential because cars will inevitably get faulty at some point, and regardless of how big the issue is, some cars are so complex to fix for local engineers/mechanics. How well can that luxury vehicle get fixed in your country? Can you quickly get someone for the job if it needs an emergency repair? How complex mechanics find the car while fixing it is very important. So, be sure of these before purchasing any luxury car.

6. What is the state of your environment's security? How safe is your neighbourhood? Does it guarantee the security of the luxury vehicle you want to purchase? What about the places you frequent, how much security do they have and how safe will these places be for your expensive car? The answers to these questions should tell you if you should get a luxury vehicle or not. You cannot buy an exotic vehicle in a place with inadequate security because it would attract thefts. Even when you go the extra mile of getting more security features like car trackers and insurance, it will still not hinder certain thefts on the car.

7. Does it have a second-hand value? Indeed, most luxury vehicles have a good resale value. However, it is still an option that you must examine. The luxury car you are going for, how high is its resale value just in case you eventually plan to sell it off? Also, how quickly can it be sold out in the country? Weigh all of these and see if a luxury car is genuinely for you.

If you put all of these environmental factors in check and find that you are in a suitable position to buy a luxury car, then go for it. If not, you should put such plans on hold until you are better off using one. It is in your best interest!

Thank you for reading! If you enjoyed this article, please, click the like button and endeavour to drop a comment in the comments section below. You could also check out our blog for more exciting articles.

SOURCE: https://blog.ijamautos.com/post.php?id=53&t=FACTORS%20TO%20CONSIDER%20BEFORE%20BUYING%20A%20LUXURY%20VEHICLE%20IN%20NIGERIA

1 Like

Re: Factors To Consider Before Buying A Luxury Vehicle In Nigeria by Alvin007: 9:14pm On Dec 06, 2021
Lovely write-up.
Re: Factors To Consider Before Buying A Luxury Vehicle In Nigeria by Presegs(m): 9:30pm On Dec 06, 2021
Alvin007:
Lovely write-up.

Thanks
Re: Factors To Consider Before Buying A Luxury Vehicle In Nigeria by Kingdemu: 10:44pm On Dec 06, 2021
Alvin007:
Lovely write-up.
It's the usual copy and paste. Don't be deceived grin
Re: Factors To Consider Before Buying A Luxury Vehicle In Nigeria by Presegs(m): 11:07pm On Dec 06, 2021
Kingdemu:
It's the usual copy and paste. Don't be received grin

You are yet to see or didn't see where it was copied and pasted?

When you see it, share the link here. Bad belle always wasting its precious time.

(1) (Reply)

What Are The Process Of Buying A Used Car In 9ija? / Is Jerking A Symtom Of Failed Transmission? / Pls Help Him Decide

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.