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Nairaland Forum / Nairaland / General / Autos / Why Do Old Car Models Come Into Nigeria And Appreciate? (595 Views)
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Why Do Old Car Models Come Into Nigeria And Appreciate? by chatinent: 11:52am On Nov 15, 2021 |
Why is it that old car models that have depreciated abroad come into Nigeria and appreciate...instead of depreciating the more? For example, in 2006, Toyota Avalon 2006 model was sold for ₦10 in America, and sold for ₦11 in Nigeria. In 2021, it is sold for ₦2 in America and is sold for ₦8 in Nigeria. Why? Lalasticlala, Seun, Dominique |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by Davash222(m): 11:54am On Nov 15, 2021 |
Because Nigeria is a shiithole with shiity leaders and senseless supporters! 6 Likes 1 Share |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by uwemetok(m): 11:56am On Nov 15, 2021 |
For example, in 2006, Toyota Avalon 2006 model was sold for ₦10 in America, and sold for ₦11 in Nigeria. In 2021, it is sold for ₦2 in America and is sold for ₦8 in Nigeria. Why? Still tryna wrap my head around this illustration. 1 Like |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by xpressionx(m): 12:02pm On Nov 15, 2021 |
Poverty mentality 1 Like |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by Omihanifa: 12:04pm On Nov 15, 2021 |
It's simply because of the exchange rate difference. 3 Likes 1 Share |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by Nobody: 12:19pm On Nov 15, 2021 |
I believe only a kid and a dumb adult will be asking this kind of question. A hopeless nation filled with zombies doesn't have a choice than to accept all the abnormalities thrown at them. Take a clue from this hun. Shiiithole Is biggest slum of of the world and DUMP SITE for all abnormalities of the world...... |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by rhames(m): 12:22pm On Nov 15, 2021 |
chatinent: The reasons are High import duties Corruption Logistics 1 Like |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by chatinent: 12:30pm On Nov 15, 2021 |
rhames: Mehn... Everything about Nigeria is a bad omen. 1 Like |
Re: Why Do Old Car Models Come Into Nigeria And Appreciate? by rhames(m): 2:00pm On Nov 15, 2021 |
chatinent: Terrible bro. 1 Like 1 Share |
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