₦airaland Forum

Emperoh:
I decided to set up this thread to provide more insight to some of our buyers on the indices to consider
before taking a purchase decision. It is also a fall out of my own mistakes in pricing and convincing buyers.
I have learnt quite a lot and taught myself how to let go and help buyers in the process.
That is why lately, i dwell on first of all advising a buyer than grabbing a deal.
Other dealers inputs are welcome.

I started this business by accident but particularly fueled by my love for cars. A cousin in Swiss started shipping in
some low end cars through Cotonou and my decision to help him sell some eventually pushed me to start my own USA pre-order runs. It has been fun and eye opening as well. While at the same time, enriched my pockets in a decent measure.

But how i got into this business is not my raison d'etre. I just wish to seek other dealers insight and also gauge consumer insight into various reasons why they take a decision to purchase a car from America or in Nigeria.
Various buyers have accused me of parading expensive cars whereas that, being the source of most cars, purchasing from USA should be way cheaper than what is in Nigeria. Truth be told, that used to be my pricing strategy until the exchange rate spiraled out of control. From N118 - $1 to presently, N158 -$1 and then the influx of salvage cars from America; this one hit me most, i have lost count how many deals if have lost because of this and i am yet to device a fool proof strategy to bargain with clients in the face of these stiff oppositions.

In truth, the amount of 'tokunbo' cars in Lagos is alarming. I even wonder how i manage to make the sales i do most times in the face of such availability. The auto market is a buyers market. But i do love to inform buyers of something. Cars, are not cheap and the cheap ones have a story or two behind it. Therefore, i do love to educate you on the three main categories of used "tokunbo" cars in the market, Or would i say purchase options.

Number one on the list is your "clean title one user carfax" vehicle. This is every buyers dream but really, how cheap are they? They are not cheap. I will give you an instance. A 2003 Honda Accord with average mileage, one user and no accident history will cost you at least N1.8m but i sure have seen some going for N1.5m or N1.6m. Why is it so? This type of vehicle is a hot cake. Americans even look out for them and as they say, good soup na money make am. It also gives u peace of mind. But their pricing will put you off. You can hardly find this sort of car in Nigeria. Hardly!! The business man in us will tell u the gospel truth. The successful strategy in car dealing is pricing hence you have cut your cost and maximize as much profit in the sale. There are other categories that fall in this bracket but may never be as clean or 'neat as this one. Two or three user Carfax but with no accidents, those with minor but fixed accidents and re-certified by Carfax etc. These ones can come in a little cheaper but not as cheap as the other two categories.

Number two is the accidented but fixed in America cars: this is my business line and i will give you guys pictorial illustrations. I also use myself as an example for this category as this is what i deal on. Assuming you don't have the money for number one above but want something with the quality of number one, this is your best bet. But bear in mind, the cost implications is not that cheap. Reason: Labour is very expensive in USA. It costs about $1000.00 to fix a body work and bake a car in US. But what comes out as end product can be termed brand new anywhere anytime. How does this work; i go to the salvage auction and bid. Notable ones include Copart, IAA etc. If i win the bid, i truck to my body shop and do the necessary repairs. The final product gives me joy but i can assure you it is not your best bet if you are conscious of price. But it is better than number one above in terms inf pricing. However everything has to be to standards and even get re-certified before coming to Nigeria. This is my best bet but not for a buyer who wants it cheapest.

Option three is the buyers choice. But do they really know the quality of cars they are sold? I know most of them don't know about cars but i can give them a clue. Go to Berger or container discharging terminal at Tincan Wharf or National filling station and see what i am saying. I was there last saturday and i couldn't believe what we bring, fix and give to Nigerians to buy

To be continued

femmy2010:
This clean Lagos cleared 01/02 Nissan Pathfinder can be yours for just N1.6M Only.

Clean Fabric seating.

Location - Sango Ota.

Call 08036363467 or email duduconsultt@yahoo.com for more information.
We can also help you arrange delivery to non Lagos location.

Syenite:
^^^more like it bro.The interior looks clean enough.See what u have been hiding from potential buyers?

You can go further by making us see the dash board, the car stereo and A/C regulators, then the boot as well.



Happy sales!

omolayo1:
so you deal on stolen cars? careful man!

Syenite:
Some of you guys sure need to learn to photograph and display photos of your cars. 1photo of a side of the external view, 2photos of steering and 5photos of Engine. Man, am sure u know better.

omolayo1:
1.4m deal? call 08059239292

Syenite:
Some of you guys sure need to learn to photograph and display photos of your cars. 1photo of a side of the external view, 2photos of steering and 5photos of Engine. Man, am sure u know better.

omolayo1:
1.2m deal? ready to pick it 08059239292

duno:
2 months

seye4nii:
is di car still available