₦airaland Forum

diportivo:
why shldnt autojosh apply to him since autojosh is the one in need ?

Readonee35L:
Some of you guys don't get it do you.
Lots of flooded and salvaged vehicles are sold back into dealerships in the usa their titles are rebuilt..

Most of the vehicles You said are branded as for parts and cant be used in the U.S.A This same vehicles can't be exported because the Us customs don't always accept cars tagged as for parts, and some junk title in some states because of no title.
the most popular Title that will get close to exporting us Floridas certificate of destruction. and just at the name implies most of the time the cars are opposite and fairly average in damage.
There are thousands of flood damaged vehicles with rebuilt title in the states and lots of heavily accident 2017 vehicles that have been repaired in dealerships.
some of the flood low miles or salvage even sell higher than clean titles sometimes.
If you deal with these guys you'd get more enlightened .

Nigeria market is not really ready for clean title.
my reasons.
1. low income
2. High forex
3. importation duties.

Imagine pricing a tokunbo 07 camry for 2.2million naira. which is $6300 usd
in this money dealer will buy , pay auction fees, truck and ship, clear it and also do minor repairs if required.
a clean 07 camry is almost 5k Usd

but if slightly damaged ones are brought in like calculusx examples . this things are possible getting good cars at lower prices.

don't compare nigeria of yesterday with today. many people are aware salvage cars exist but they buy them because deep down they know their money can't buy a clean title. i know many people who knows their way to copart auction but they rather buy from dealer here because its cheaper for them. if an average person goes into importation he will be at a loss. outrageous shipping fées , or late pickup at auction yard with pilling up fees.
only real dealers can buy vehicles and make gain on 03-011 toyota cars.

Forget does millions you see as the price of this cars. Nigerians will price them down and pay almost half of the dealers price .

Note i do not support Severe damage vehicles or cars with deployed airbags. but for a buyer with good réputation. he can import fairly damaged vehicles and help average nigerians and also make profit for himself.

If the dollar exchange was still at 165. you'd have clean titled 2015 camry in the market for about 3m or slightly above. There was once a country indeed.

CarGuideNG:
Your observations have great merit Sir, due to a combination of factors and practices, some of which are intentional and others political, a significant proportion of imported used "Tokunbo" vehicles are Salvage vehicles from the US and Canada with all forms of damage, minor and dangerous.

The Nigerian economic situation, the often inflated customs import duty, outdated/inadequate legal framework, general dishonest practices of dealers, general poor expertise, skill or standards of average automechanics, unrealistic expectations of buyers, poor or lack of information or awareness from buyers, are some of the reasons why we seem to be a dumping ground for all kinds of salvaged and damaged vehicles.

https://cs.copart.com/v1/AUTH_svc.pdoc00001/PIX96/9ece2bde-1c58-4149-9e82-74998c389d54.JPG

Until these factors change or are changed, Nigerians will have to do their best to make the most of the circumstances.