₦airaland Forum

Saturnalia:
97% of Car Dealers in Nigeria are fraudsters.

Majority of them buy stolen or flooded or accidented vehicles from overseas (America & Canada) for a fraction of the actual value of the vehicle and then ship to Nigeria to resell.

Again, Majority of them, overinflate the price of the vehicles they sell for their greed & selfishness especially our Nairaland Auto Dealers who are mostly middleman without any carlots to their name.

Never Ever use the prices of vehicles you see on Jiji or Cheki and elsewhere to measure the actual prices of vehicles in Nigeria because they have been grossly overinflated.

When you see a Vehicle on Jiji or Cheki going for 40 Million Naira, know for certain that the actual price of that vehicle is not more than 28 Million Naira and make sure you drive the vehicle to a nearest Custom Office for verification of its its papers. Do not settle for online Customs Verification because these dishonorable Car Dealers have agents at the Customs Office they collude with to swindle unsuspecting customers by giving them wrong information.

I contacted a Car Dealer on Nairaland about Four Months ago to send me more pictures (especially the engine bay picture) and the VIN of a Vehicle he was advertising; he sent me the price of the vehicle within 2 minutes on WhatsApp and sent me the VIN the following day. He never sent me the engine bay picture.

He said he would send somebody to go snap the picture of the VIN where the Vehicle was parked. (Meaning that he didn’t even have access to the vehicle because he wasn’t the owner).

Guess what? On Nairaland, he advertised a 2022 AMG 63 G-Wagon but when I searched the VIN, I discovered the vehicle was a 2020 FLOODED G-Wagon and the price he sent to me was 380 Million Naira.

Very greedy and senseless individuals!

I'm a car dealer a middle man. I joined this hustle to sell good tokumbo cars. Make man no dey idle

I'm not greedy but I wish to learn more from you what are things we middleman must consider when selling cars

Good afternoon

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carzeem1:
The reality in Nigeria today is very difficult for youths who have a 9-5 mindset.
Unless you are lucky to work in establishments with good pay that rewards excellence with rapid promotion and commensurate benefits, you will struggle badly.

The present regime has removed most if not all subsidies Nigerians enjoyed in the past to make life easier because it was no longer sustainable.

Hence, the reality is Nigerians have to pay the real price for most services and goods that government hitherto subsided making your purchasing power drastically reduced.
As a young guy, you need to understand there's a different approach to making money now and starting a family as approach of 10-20 years ago won't help you much.

The probability of relying in the 9-5 system to fund a comfortable lifestyle and start a family has been severely reduced unless you are in very specific and highly lucrative sectors which are extremely competitive.
The social media space is now the goldmine, from tiktok, ig, youtube etc for youths to reach audiences to sell all sorts and offer all kinds of services to earn enough to afford the lifestyles of thier dreams.

Master these area and see your income rise drastically in a short time to afford you all you mentioned in you write-up. Goodluck

Great piece thanks

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