Most imported cars in Nigeria are not exactly new, they are already used foreign cars, some of them are accidented cars of different brands like Toyota, Lexus, Mercedes Benz, Honda, Hyundai etc. Now, you may wonder why the price of these cars are still on the high side. The answer to this is the high cost of clearing cars in Nigeria.
According to government policies, every imported car has to be cleared by the Nigerian Custom Service, or else the car would be assumed to have been smuggled into the country. In order to avoid confusion, singular payments required at the port are narrowed down as the cost of clearing cars. These payments include:
Customs duty
Terminal fees
Clearing agents charges
Shipping company fees
It is also important to note that taxes and duty rates are required of all imports, notwithstanding the value. The above charges, taxes and duties makes the cost of clearing cars almost twice the price of the car.
In 2021, the policy of calculating the cost of clearing a car based on the year of manufacturing, was adjusted to be based on the total cost or value of the car.
Nigerian Custom Duty on Imported Cars 2024
In April 2020, there was a 15% reduction on import duties for cars, according to the new ECOWAS directives. So, the import duties which was usually at 35% became 20%.
However, the management of the Nigerian Custom Service tampered with what seemed to be a good news to Nigerian car dealers and users, by introducing a levy of 15% on both new and used imported cars, for the National Automotive Council (NAC). This levy was perceived as a means of maintaining the 35% import duties, and this created uproars and arguments from prominent people in the country, like George Okafor (chairman of the National Association of Government Approved Freight Forwarders, PTML chapter).
There is no resolve to removing the 15% NAC levy yet. So we can assume that the custom duty rates on both new and already used imported cars, still remains 35%.
Cost of Clearing Toyota Cars in Nigeria 2024
It is almost impossible to ply the road and not find at least 20 Toyota cars in one lane. They are one of the most commonly used cars in Nigeria.
Below is a list of clearing cost for some of the most popular Toyota models in Nigeria, with the year they were manufactured.
Toyota Corolla
Toyota Corolla 2013 model – N1,400,000
Toyota Corolla 2012 model – N1,250,000
Toyota Corolla 2011 model – N1,100,000
Toyota Corolla 2010 model – N950,000
Toyota Corolla 2009 model – N850,000
Toyota Corolla 2008 model – N650,000
Toyota Corolla 2007 model – N550,000
Toyota Corolla 2006 model – N480,000
Toyota Corolla 2005 model – N450,000
Toyota Corolla 2004 model – N430,000
Toyota Corolla 2003 model – N400,000
Toyota Camry
Toyota Camry 2015 model – N1,500,000
Toyota Camry 2013 model – N1,350,000
Toyota Camry 2012 model – N1,400,000
Toyota Camry 2011 model – N1,250,000
Toyota Camry 2010 model – N1,100,000
Toyota Camry 2009 model – N950,000
Toyota Camry 2008 model – N750,000
Toyota Camry 2007 model – N650,000
Toyota Camry 2006 model – N550,000
Toyota Camry 2005 model – N500,000
Toyota Camry 2004 model – N450,000
Toyota Venza
Toyota Venza 2012 – N1,400,000
Toyota Venza 2011 – N1,250,000
Toyota Venza 2010 – N1,100,000
Toyota Venza 2009 – N950,000
Toyota Venza 2008 – N750,000
Toyota Venza 2007 – N630,000
Toyota Venza 2006 – N510,000
Toyota Venza 2005 – N480,000
Toyota Venza 2004 – N450,000
Toyota Venza 2003 – N400,000
Toyota Highlander
Toyota Highlander 2010 – N1,800,000
Toyota Highlander 2009 – N1,300,000
Toyota Highlander 2008 – N1,150,000
Toyota Highlander 2007 – N850,000
Toyota Highlander 2006 – N750,000
Toyota Highlander 2005 – N650,000
Toyota Highlander 2004 – N600,000
Toyota Highlander 2003 – N550,000
Toyota Rav 4
Toyota Rav 4 2013 – N1,400,000
Toyota Rav 4 2012 – N1,250,000
Toyota Rav 4 2011 – N1,100,000
Toyota Rav 4 2010 – N950,000
Toyota Rav 4 2009 – N850,000
Toyota Rav 4 2008 – N630,000
Toyota Rav 4 2007 – N530,000
Toyota Rav 4 2006 – N480,000
Toyota Rav 4 2005 – N450,000
Toyota Land Cruiser
Toyota Land Cruiser 2010 – N3,100,000
Toyota Land Cruiser 2009 – N2,450,000
Toyota Land Cruiser 2008 – N2,050,000
Toyota Land Cruiser 2007 – N1,630,000
Toyota Land Cruiser 2006 – N1,550,000
Toyota Land Cruiser 2005 – N1,480,000
Toyota Land Cruiser 2004 – N1,250,000
Toyota Land Cruiser 2003 – N1,050,000
Toyota Tundra
Toyota Tundra 2011 – N2,550,000
Toyota Tundra 2010 – N2,230,000
Toyota Tundra 2009 – N1,800,000
Toyota Tundra 2008 – N1,520,000
Toyota Tundra 2007 – N1,200,000
Toyota Tundra 2006 – N950,000
Toyota Tundra 2005 – N810,000
Toyota Tundra 2004 – N650,000
Toyota Matrix
Toyota Matrix 2013 – N1,400,000
Toyota Matrix 2012 – N1,230,000
Toyota Matrix 2011 – N1,100,000
Toyota Matrix 2010 – N950,000
Toyota Matrix 2009 – N850,000
Toyota Matrix 2008 – N630,000
Toyota Matrix 2007 – N530,000
Toyota Matrix 2006 – N480,000
Toyota Matrix 2005 – N450,000
Toyota Matrix 2004 – N430,000
Toyota Sienna
Toyota Sienna 2013 – N1,800,000
Toyota Sienna 2012 – N1,700,000
Toyota Sienna 2011 – N1,500,000
Toyota Sienna 2010 – N1,250,000
Toyota Sienna 2009 – N1,050,000
Toyota Sienna 2008 – N850,000
Toyota Sienna 2007 – N650,000
Toyota Sienna 2006 – N550,000
Toyota Sienna 2005 – N450,000
Toyota Sienna 2004 – N430,000
Toyota Sienna 2003 – N400,000
Toyota Avalon
Toyota Avalon 2010 – N1,750,000
Toyota Avalon 2009 – N1,300,000
Toyota Avalon 2008 – N1,100,000
Toyota Avalon 2007 – N850,000
Toyota Avalon 2006 – N710,000
Toyota Avalon 2005 – N650,000
Toyota Avalon 2004 – N600,000
Toyota Avalon 2003 – N550,000
Cost of Clearing Mercedes Benz in Nigeria
Mercedes Benz has proved to be one other most durable cars.
C-Class 2012 – N2,400,000 to N3,000,000
C-Class 2011 – N2,500,000
C-Class 2010 – N2,000,000 to N2,500,000
C -Class 2009 – N1,800,000 to N2,000,000
C-Class 2008 – N1,700,000
C-Class 2007 – N1,400,000 to N1,500,000
C-Class 2006 – N1,200,000 to N1,300,000
C-Class 2005 – N1,000,000 to N1,500,000
C-Class 2004 – N850,000 to N950,000
C-Class 2003 – N650,000 to N700,000
Cost of Clearing Lexus Cars in Nigeria
Lexus is a Japanese car model that speaks luxury.
Lexus LX 570
Lexus LX 570 2010-2020 – N3,100,000 upwards
Lexus LX 570 2009 – N2,450,000
Lexus LX 570 2008 – N2,050,000
Lexus LX 570 2007 – N1,650,000
Lexus LX 570 2006 – N1,550,000
Lexus LX 570 2005 – N1,480,000
Lexus GS 350
2011-2020 – N3,250,000 to 12,000,000
Lexus GX 460
Lexus GX 460 2010-2020 – N3,100,000 to 13,000,000
Lexus GX 460 2009 – N2,450,000
Lexus GX 460 2008 – N2,050,000
Lexus GX 460 2007 – N1,630,000
Lexus GX 460 2006 – N1,550,000
Lexus GX 460 2005 – N1,480,000
Lexus IS 350
Lexus IS 350 2012-2020 – N1,600,000 to N12,000,000
Lexus IS 350 2011 – N1,450,000
Lexus IS 350 2010 – N1,200,000
Lexus IS 350 2009 – N950,000
Lexus IS 350 2008 – N750,000
Cost of Cleaning Hyundai Cars in Nigeria
Hyundai cars also speak volumes of luxury.
Hyundai Accent
Hyundai Accent 2020 – N2,760,000
Hyundai Accent 2019 – N2,400,000
Hyundai Accent 2018 – N2,380,000
Hyundai Accent 2017 – N2,200,000
Hyundai Accent 2016 – N2,030,000
Hyundai Accent 2015 – N1,875,000
Hyundai Accent 2014 – N1,740,000
Hyundai Accent 2013 – N1,400,000
Hyundai Accent 2012 – N1,230,000
Hyundai Accent 2011 – N1,100,000
Hyundai Accent 2010 – N950,000
Hyundai Accent 2009 – N850,000
Hyundai Accent 2008 – N750,000
Hyundai Accent 2007 – N530,000
Hyundai Accent 2006 – N480,000
Hyundai Accent 2005 – N450,000
Hyundai Santa Fe
Hyundai Santa Fe 2020 – N2,000,000
Hyundai Santa Fe 2019 – N1,490,000
Hyundai Santa Fe 2018 – N1,477,000
Hyundai Santa Fe 2017 – N1,470,000
Hyundai Santa Fe 2016 – N1,450,000
Hyundai Santa Fe 2015 – N1,400,000
Hyundai Santa Fe 2014 – N1,400,000
Hyundai Santa Fe 2013 – N1,370,000
Hyundai Santa Fe 2012 – N1,440,000
Hyundai Santa Fe 2011 – N1,300,000
Hyundai Santa Fe 2010 – N1,250,000
Hyundai Santa Fe 2009 – N1,050,000
Hyundai Santa Fe 2008 – N950,000
Hyundai Santa Fe 2007 – N850,000
Hyundai Santa Fe 2006 – N750,000
Hyundai Santa Fe 2005 – N650,000
Hyundai Sonata
Hyundai Sonata 2021 – N3,000,000
Hyundai Sonata 2020 – N2,600,000
Hyundai Sonata 2019 – N2,330,000
Hyundai Sonata 2018 – N2,300,000
Hyundai Sonata 2017 – N2,000,000
Hyundai Sonata 2016 – N1,910,000
Hyundai Sonata 2015 – N1,900,000
Hyundai Sonata 2014 – N1,780,000
Hyundai Sonata 2013 – N1,600,000
Hyundai Sonata 2012 – N1,520,000
Hyundai Sonata 2011 – N1,400,000
Hyundai Sonata 2010 – N1,250,000
Hyundai Sonata 2009 – N1,050,000
Hyundai Sonata 2008 – N950,000
Hyundai Sonata 2007 – N850,000
Hyundai Sonata 2006 – N750,000
Hyundai Sonata 2005 – N650,000
Cost of Clearing Truck in Nigeria
The cost of clearing trucks in Nigeria follows the same policy as that of clearing cars. It is based on the total value of the truck, taxes and duty rates, which is up to 70% the price of the truck.
Cost of Clearing Accidented Car in Nigeria
Accidented or Salvage cars are cars that have been involved in accidents and are terribly damaged, such that the price of repairing the car is almost or the actual price of getting a new car. These cars are sold at very low prices. Sometimes, they go as low as 20% the original price of the car. Hence, they are the cheapest.
However, the 35% levy and 35% import duty still applies to an accidented car. Making the cost of clearing 70% the original price. For example, if the price of the accidented car is N1,700,000 the cost of clearing it in Nigeria would be N1,190,000.
How much do Clearing Agents Charge
Clearing agents ensure that imported goods are shipped from the foreign country and forwarded to relevant dealers. The price for clearing agents differ with different companies or agents. The cost may or may not be negotiable. Clearing agents charge based on the weight and size of the car.
The cost of clearing cars in Nigeria change annually. All the prices provided here may also change before the year ends, depending on the dollar exchange rate.
