Just like every other city in Nigeria. The Honda can still be worked on, question is, is it worth it? As for the borrow borrow of cars, i hope that is not the case here, i once experienced a situation like that, a friend just got a toks 2013 honda coupe in abuja, guy drove it all the way from Lagos, got to Games village, decided to give the car a good wash before heading home, another friend of his decided to test drive the car towards gudu, didn't get very far before the car somersault, complete write-off, everybody just took a bottle of beer and went home

maxiuc:


Abuja a city of inexperienced drivers

All the know about is speed speed and speed

That Honda is finished

That's why whenever I borrow car am extra careful...

Let's assume that SUV was borrowed and this happened
What are you going to tell the owner

I agree, Lemo ruined WEMA Bank, he awarded a N2Billion naira loan to OBJ's business without collateral, approved and disbursed over N16Billion in loans to his cronies and allies while he held sway at WEMA, he didn't fair any better while at CBN. bad guys always in power, Now the leech is unto FERMA. I pray Senate rejects him. Unfit for that office or any public office .

SalamRushdie:
Bad choice I must say

i think if you have your tickets for the 2018 WC, it should be visa free.

Congratulations Dr. Tobi. God Bless you and Pastor Bims, continue to rest in peace

My brother, God bless you. You said it all.

quote author=valarinz post=58362011]

Save your strength bro, Nigerians will keep hyping cos they hear others hype and also join the bandwagon too

The only winners here are the dealers, 'you say it's now the Camry that's the best above all cars now Abi, Oya go and Rob that bank and come and buy it, no more cheap camrys'

Years back it was the Peugeot 504, at a point it was passat, also remember when it was the Benz 200 or 230. Even at that point the hype was on manual cars, "automatic transmission is evil and terrible, when you have a low battery, you can't push". Every kazeem was hyping manual cars the way they hype Toyota now

Someone who has never used a car will be quick to rush and condemn it, claiming his Camry is better than it. A car he's probably never held the keys to, not to talk of doing a 10km drive in it, yet they're so sure their Camry is superior and is the best thing after sliced bread, it is well[/quote]

That is not sacrosanct, its a guideline, more like to give the officer an idea of what the price range should be in case the proforma is heavily shaved. Its not cast in stone. Secondly, due to the inability of some *civil service * custom officers and quack agents that find it difficult to calculate custom duty. That's why you go to the professionals that know their job not half baked agents looking for wuruwuru to the answer.

I have given the OP a custom duty quote for his camry based ON THE DATA he supplied not your usual Lagos wuruwuru. If you have something different, lets see yours. I know what you want is "2015 camry, how much is duty? 2million naira ni." Nah! Tell us how you arrived at that figure.

quote author=saintjoel post=58363772]
sacrosanct
If you go with his calculations, you and your car will be on a long thing. Those calculations are done after your agent has collected the value from valuations and not before collecting value. I've already shown you the assumed tariff rates and that's what customs use,they don't bother to ask Mr A how much he has bought his vehicle or how much Mr B bought his too.

All they know is that the federal ministry of finance has given them a assumed dollar rate for every vehicle coming into the country and that's what they stick to. Which office will you even step into to start telling them that I bought my car for XYZ amount, they'll calmly walk you out of the office with no hassles. [/quote]

Like I said, the OP can walk into custom office and get a valuation for his car.

saintjoel:



N1,791,825 duty for which manufacture year of Toyota Camry?

Instead of suggestions, why not point out which part of my post is misleading.

saintjoel:


Where did you get the experience if I may ask and where have you been practising as an AGENT. The N1.7m that you've quoted is for which year of manufacture if it's for a Toyota Camry and which tariff are you quoting from. I will suggest that you stop misleading people.


"Surface duty @35% is 1,540,000
Surcharge @7% of surface is 107,800
ETLS @ 0.5% of CIF is 22,000
CISS @1% of FOB ($10,000) is 36,700
VAT @5% of all above is 85,325
Total duty payable is 1,791,825"

According to you,is this calculated after you've been given a value or what?

So, you're saying that customs will not disturb any importer with a 2015 Camry that wants to pay N1.7m abi, I pity the person that tries that. If you're also paying N1.7m ,how much goes to processing papers like examination papers, valuation etc. How much is 2015 camry in the tariff that a customs officer will now give you N1.7m as value?

Here we go again... Am sure there are agents here on Nairaland, let see their quotes and breakdown. My post is based on the Ops data. If he wants more clarification he can walk into any custom command, a valuation officer would walk him through the calculations. Which one is misleading here?

sheffyUTD:


Oga stop misleading people with your assumptions. Tell us how much customs value 2015 Camry, its surface duty, settlements to arrive at your 1.5/1.7m and not the amount the OP bought the vehicle. You will be helping Majority with that.

Same way your wives/girlfriends explain to you that the five thousand naira you gave them cant cook a pot of soup, but still manage to present you a decent meal at the end of the day.

saintjoel:


We agents already know this but how do you explain in n to a layman without confusing them?

the basis of my calculation is on the information supplied by the OP which is on the 1st page.

sheffyUTD:


I have been trying to figure out the basis of the calculation. please do better telling us the year and (type of vehicle you calculated, its dollar value and other details to avoid misconception. thank you

Yes. I calculated that based on the cost and quote you gave to me which is about the average cost of a camry. You can see how i arrived at 1.791,825 naira. (you can set aside 100,000 for agent fees) The agent that sent you 2.8m - 3.2m quote should give you the breakdown of how he got that number. But from my experience, no custom will disturb you as per duty on and off the road with a 1.791.825 duty payment for a used camry. Don't take my word for it, if you are less busy, walk into any custom command, ask for a valuation officer, he will gladly give you a duty estimate which i bet will be much lower than 2.8million and closer to my 1.791,825. Goodluck

Readonee35L:

This post of yours is very helpful.
Thank you.
With that formula above.
The duty on any car can be calculated.
So here is the thing.
If I decide to pay 1,791,825 duty on the car, as against the 2.8-3.2m quoted by agents, Am I free from the fúck customs on the road ?

To calculate custom duty, your duty is calculated based on summing up surface duty (% of CIF), surcharge, administrative charge (CISS), ECOWAS Trade Liberalization Scheme (ETLS), and 5% VAT.

In your case, FOB + Freight and Insurance cost = CIF which is #4,400,000 in your case.

Surface duty @35% is 1,540,000
Surcharge @7% of surface is 107,800
ETLS @ 0.5% of CIF is 22,000
CISS @1% of FOB ($10,000) is 36,700
VAT @5% of all above is 85,325
Total duty payable is 1,791,825.

I hope this helps u.

Readonee35L:
This country is so disorganized
Is there any real way to calculate custom duty on cars in this nigeria?, because i keep getting different quotes from different agents, I don't know if i'm Paying the actual duty , or i'm getting cheated on or even underpaying the duty.

2nd issue.
what's the real calculation of the duty is it 35% or what

The custom duty quotes is very high and crazy and i tell you it's even above the cost price and shipping of the car.
Example
a clean title 2015 camry starts from $10,000
found one for 10,891
car cost - $10,891
shipping - $1100
total arrival at Lagos port is $11,991 . 11991 x 367(dollar rate) = #4,400,697
Imagine me getting a custom duty quote of 3million naira.
Which is almost 85% value of purchase and shipping of the car
Does this even make any sense??

And this is for clean title.

the salvage of this 015 Camry with little dent on bumper or broken light is sold between $5500-8000
and can be brought in as low as 2.7million,
will i still pay 3 million duty on this car, .
Duty is already above the cost and shipping of the whole car.

I feel there should be different quotes for each cars, calculated by the cost of purchase and other charges of the car....

Few auto enthusiasts and dealers i can mention.
Calculusx , femmy2010 , kingreign , gazzuzz, saintjoel, oliverjiad e.t.c