organico:
Since it was reported that Nigerian border has been opened, and there is hike in the fuel pump price, I see the car prices crashing to all time low. Cars will be coming from the neighbouring countries and many people will like to sell their cars because they cannot buy fuel and maintain the car.

Therefore, if you want to buy car, wait a little more (like a month), monitor the car market and take a decision. Definitely, you will get it at a better price.

zeenaman:
Personal opinion:

The relationship between cars and Petrol is complementary in nature. Complementary in the sense that, one is needed to augment the other, just like garri and kulikuli.

Going by basic economics principle, there is an inverse price relationship between complementary goods i.e an increase in the price of one results in decrease in the demand for the other. With this, it is conceivable that with increase in the price of petroleum, there will be less demand for cars, hence result in price crash occasioned by excess supply over demand.

Also, from the angle of the Federal government, the rich benefit more from the subsidy. People with ten cars will now find it unfunny fueling the convoy, and this may result in selling off some of the vehicles. This should further increase the supply of cars and drive down the price.

Let's talk about this, do you see the price of cars crashing? Let's leave out the Nigerian factor, corruption and base our argument on fact.

organico:
Since it was reported that Nigerian border has been opened, and there is hike in the fuel pump price, I see the car prices crashing to all time low. Cars will be coming from the neighbouring countries and many people will like to sell their cars because they cannot buy fuel and maintain the car.

Therefore, if you want to buy car, wait a little more (like a month), monitor the car market and take a decision. Definitely, you will get it at a better price.

triple996:
We will survive

slawomir:
Damnnn niggar
I don't see any car price crashing

Nothing will crash stop playing ...we are just too greedy in this part of the world

Before the removal of subsidy...a lexus es 350 V6 was sold for between 6.5 million to 7.4million

Go and check again now or wait after one month and check again

Am even thinking people will now buy thier own cars now that fuel price gone up which means public transport will double plus the uncomfortable atmosphere that comes with public transport ...where them dey carry for 200 naira before na 400 naira

From Abuja to Benin city with God is good motor na 27000 thousands naira now...so it will be better you just fuel your own car with 12000 naira and drive from Abuja to Benin city

Gaabasky:


To be frank I don't see much different between v6 and 4 plugs cars in regards to fuel consumption. I'm using V6 car and my brother is 4 plugged one.

Tonnierichy:

The drivers are actually complaining about the trekking part😂😂

kolaaderin:
No difference when you live outside Lagos where there is no traffic, especially in Abuja where you hit highways all the time without traffic. But if you live in Lagos, you will definitely see your fuel gauge spindle having competition with your rev-meter.

Emeka71:
Hyundai Accent.

ugodson:


What's your dream car

ictplotter:

12000 fuel from Abuja to Benin this present nigeria?
Are u normal at all or you mean to say 120k. Fuel?

Zaphnath1:

have always aspire to have 2 set of car brands
rolls royce and IVM