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TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. - Autos (70) - Nairaland

Nairaland Forum / Nairaland / General / Autos / TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. (272310 Views)

Clean And Lagos Clearing Tokunbo Camry For Sale 900k / Total Cost Of Clearing A Vehicle In Nigeria (2) (3) (4)

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Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by timifakay(m): 7:19pm On Dec 08, 2019
johnseno:
For your jobs, call Prince Johnson on 08036240534 also WhatsApp messages.Never give a chance for avoidable and unwarranted demurrage on your consignment.

Hello, I got in a conversation on here and leads me to ask for a general quote so as to be more enlightened.

Please, what's the minimum amount it will cost to clear a brand new SUV made in 2015 or newer?

It doesn't have to be an exact cost. Maybe just an estimate. This will give people an idea of why new model cars are expensive. An answer will be very much appreciated.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Ephiezy4real(m): 10:37pm On Dec 10, 2019
please does anyone know the cost of clearing a 2005 Honda civic
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by lagosboy86: 1:19am On Dec 11, 2019
What is the cost of clearing a 2008 Toyota Camry in lagos? Also, Any idea as to the cost of shipping from The East Coast USA? (Charleston, Baltimore, Jersey, Savannah,)?
Thanks
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 3:27am On Dec 11, 2019
Ephiezy4real:
please does anyone know the cost of clearing a 2005 Honda civic
430k
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 3:29am On Dec 11, 2019
lagosboy86:
What is the cost of clearing a 2008 Toyota Camry in lagos? Also, Any idea as to the cost of shipping from The East Coast USA? (Charleston, Baltimore, Jersey, Savannah,)?
Thanks
570k, I have no idea on the shipping cost
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by ProtectMyMoney: 6:31am On Dec 11, 2019
timifakay:


Hello, I got in a conversation on here and leads me to ask for a general quote so as to be more enlightened.

Please, what's the minimum amount it will cost to clear a brand new SUV made in 2015 or newer?

It doesn't have to be an exact cost. Maybe just an estimate. This will give people an idea of why new model cars are expensive. An answer will be very much appreciated.

You will pay 35% duty and 35% levy in addition to 7% surcharge, 5% vat, and 0.5% Ess ....that is what makes it expensive

1 Like

Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Fogman(m): 7:08am On Dec 11, 2019
lagosboy86:
What is the cost of clearing a 2008 Toyota Camry in lagos? Also, Any idea as to the cost of shipping from The East Coast USA? (Charleston, Baltimore, Jersey, Savannah,)?
Thanks

Trucking
Shipping $900-$1000
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by timifakay(m): 7:53am On Dec 11, 2019
ProtectMyMoney:


You will pay 35% duty and 35% levy in addition to 7% surcharge, 5% vat, and 0.5% Ess ....that is what makes it expensive

Thank you sir. So, assuming vehicle is $20,000.

35%+35%+7%+5%+0.5% = 82.5%
82.5%*$20,000= $16,500
$20,000 + $16,5000 = $36,500 is the total cost of vehicle.

Convert to naira
$20,000+$16,500 = $36,500
$36,500 * ₦360 = ₦7,216,000

Before cost of shipping, handling and profit

2 Likes

Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by ProtectMyMoney: 11:05am On Dec 11, 2019
timifakay:


Thank you sir. So, assuming vehicle is $20,000.

35%+35%+7%+5%+0.5% = 82.5%
82.5%*$20,000= $16,500
$20,000 + $16,5000 = $36,500 is the total cost of vehicle.

Convert to naira
$20,000+$16,500 = $36,500
$36,500 * ₦360 = ₦7,216,000

Before cost of shipping, handling and profit

No...Customs valuation is not calculated like you have done above.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Eddee(m): 2:20pm On Dec 11, 2019
ProtectMyMoney:


No...Customs valuation is not calculated like you have done above.

Question is why isn't it as clear cut as Timi made it look? Only thing not factored into his calculation is vehicle age and year of manufacture. Nigeria customs and unnecessary abracadabra
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 6:10pm On Dec 11, 2019
Eddee:


Question is why isn't it as clear cut as Timi made it look? Only thing not factored into his calculation is vehicle age and year of manufacture. Nigeria customs and unnecessary abracadabra
Customs have their own data valuation book for every cars which means they have noting to do with how much you buy it. The exchange rate being use by Customs now is 326 per dollar and this amount is being multiply by 35% which is the duty rate for vehicles with mileage above 3000 and that will give surface duty payment and you multiply that with 1.28 to give total duty on your assessment.

1 Like

Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Eddee(m): 6:41pm On Dec 11, 2019
johnseno:
Customs have their own data valuation book for every cars which means they have noting to do with how much you buy it. The exchange rate being use by Customs now is 326 per dollar and this amount is being multiply by 35% which is the duty rate for vehicles with mileage above 3000 and that will give surface duty payment and you multiply that with 1.28 to give total duty on your assessment.

Thank you very much. This is a much better explanation, and I appreciate that.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by ProtectMyMoney: 7:31pm On Dec 11, 2019
johnseno:
Customs have their own data valuation book for every cars which means they have noting to do with how much you buy it. The exchange rate being use by Customs now is 326 per dollar and this amount is being multiply by 35% which is the duty rate for vehicles with mileage above 3000 and that will give surface duty payment and you multiply that with 1.28 to give total duty on your assessment.

Official exchange rate by customs is 306...when did Cbn change it? Also, how did you arrive at 1.28?
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 9:31pm On Dec 11, 2019
ProtectMyMoney:


Official exchange rate by customs is 306...when did Cbn change it? Also, how did you arrive at 1.28?
Please, I created this trend for the benefits of people and not to get them astray , I am a stakeholder and members of ANACLA so this is the job I do every day and by your comment you seems not to be in the system for the past one year.

1 Like

Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by ProtectMyMoney: 4:11am On Dec 12, 2019
johnseno:
Please, I created this trend for the benefits of people and not to get them astray , I am a stakeholder and members of ANACLA so this is the job I do every day and by your comment you seems not to be in the system for the past one year.

I have only asked how you how you arrived at 1.28. from recent clearing, usd was 306 that was used for valuation

35% duty, 7%surcharge, 5%vat, 0.5% Ess
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by timifakay(m): 5:43am On Dec 12, 2019
ProtectMyMoney:


No...Customs valuation is not calculated like you have done above.

Please illuminate me
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by niftykaycee: 6:47am On Dec 15, 2019
kindly throw more light on how you arrived at 1.28...that is how my boss does his calculations too but asking him has always been a problem.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by niftykaycee: 6:48am On Dec 15, 2019
ProtectMyMoney:


Official exchange rate by customs is 306...when did Cbn change it? Also, how did you arrive at 1.28?


kindly throw more light on how you arrived at 1.28...that is how my boss does his calculations too but asking him has always been a problem.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by niftykaycee: 6:54am On Dec 15, 2019
Eddee:


Thank you very much. This is a much better explanation, and I appreciate that.

kindly throw more light on it by using one underage toyota Corolla and one 2006 Toyota Corolla sir...also show us how you arrived at 1.28...that is how my boss does his calculations too but asking him has always been a problem.

Please kindly oblige to my request...thanks in anticipation.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by niftykaycee: 6:54am On Dec 15, 2019
johnseno:
Customs have their own data valuation book for every cars which means they have noting to do with how much you buy it. The exchange rate being use by Customs now is 326 per dollar and this amount is being multiply by 35% which is the duty rate for vehicles with mileage above 3000 and that will give surface duty payment and you multiply that with 1.28 to give total duty on your assessment.


Thank you very much. This is a much better explanation, and I appreciate that. [/quote]

kindly throw more light on it by using one underage toyota Corolla and one 2006 Toyota Corolla sir...also show us how you arrived at 1.28...that is how my boss does his calculations too but asking him has always been a problem.

Please kindly oblige to my request...thanks in anticipation.
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by monex(m): 1:38pm On Dec 15, 2019
johnseno:
Customs have their own data valuation book for every cars which means they have noting to do with how much you buy it. The exchange rate being use by Customs now is 326 per dollar and this amount is being multiply by 35% which is the duty rate for vehicles with mileage above 3000 and that will give surface duty payment and you multiply that with 1.28 to give total duty on your assessment.

Please how much will it cost to clear a 2013 BMW 5 series?
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by ProtectMyMoney: 5:44am On Dec 16, 2019
niftykaycee:



kindly throw more light on how you arrived at 1.28...that is how my boss does his calculations too but asking him has always been a problem.

I wasn't the one that mentioned 1.28.

It was Timi
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 7:07am On Dec 16, 2019
monex:


Please how much will it cost to clear a 2013 BMW 5 series?
1.8m
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by monex(m): 9:36am On Dec 16, 2019
johnseno:
1.8m
Thanks. would this include Clearing agent fees?
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Hoephase: 7:31pm On Dec 18, 2019
How much to clear 2010 Qashqai?
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 8:10am On Dec 19, 2019
Hoephase:
How much to clear 2010 Qashqai?
750k
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 8:10am On Dec 19, 2019
monex:

Thanks. would this include Clearing agent fees?
yes
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by sadewodu(m): 12:45pm On Dec 22, 2019
Hi guys... Can someone please help me with the total cost of clearing a Lexus Es 330 2004-2006 model
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 3:15pm On Dec 22, 2019
sadewodu:
Hi guys... Can someone please help me with the total cost of clearing a Lexus Es 330 2004-2006 model
450k each

1 Like

Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Spallanzani: 3:25pm On Dec 22, 2019
Toyota Camry 2011, please what's the total clearing cost
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by johnseno: 9:15pm On Dec 22, 2019
Spallanzani:
Toyota Camry 2011, please what's the total clearing cost
900k
Re: TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. by Spallanzani: 9:35pm On Dec 22, 2019
johnseno:
900k
This your own price no be here ooooh... I got it for 830

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