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How To Make Money Importing Cars To Nigeria. - Business - Nairaland

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How To Make Money Importing Cars To Nigeria. by stanlee38(m): 12:59pm On May 15, 2021
The Automobile/car market in Nigeria is currently booming.

With a population of over 200million people, Nigeria is the most populated country with the largest economy in Africa.Despite the current economic challenges facing the country due to low oil prices and a weakened currency, Nigeria still reveals robust economic growth of 2-4% in the medium term.

Owing to the lack of domestic vehicle production, Nigeria is highly dependent on imports to meet its domestic demand.

You can actually make up to 300,000 to 1.5 million Naira by importing a single car and selling here in Nigeria.

And this is how;

Knowing which cars to buy:
This depends on demand in your local market. Do some research to find out what cars sell and for how much. Certain makes and models are more popular in certain countries. For example Toyota and Lexus are the most popular.

Search
Find the best car on sale for the lowest price possible. The cheapest price doesn’t always mean best deal. you'll have to learn you a unique way to select the best quality cars for the best lowest possible prices.

Inspect
Before you ever pay for any car, you’ll NEED to get an 18-point report car health report from the USA National Car Database, an independent government body.
These reports are not from the car seller or dealer so it cannot be forged, or altered or manipulated. Don’t ever pay without this report.

Pay For Your Choice Car, Plus Shipping:
After the inspection, you can purchase the car. When you purchase any vehicle you want at a good price, you inform a Shipping Company Online.

The Shipping Company will send a driver to go and pick up the Car from the Auction-site to the nearest Port where the Car will be shipped to Nigeria

Have Your Car Delivered And Take Possession:
your car will be delivered to the Tin-Can Wharf in Lagos within 5-6 weeks at most.

Once the Vehicle arrives at the Destination port, a local custom clearance agent can be hired to clear the vehicle through custom and pay import duties and deliver to your location anywhere in Nigeria.

The most interesting part of this is .... everything can be processed from your mobile phone.The only part of the entire process that will take you outside is when you'll have to go outside to welcome your "newly arrived" ride at your doorstep.

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