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Nairaland Forum / Nairaland / General / Autos / Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? (32106 Views)
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Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by lekki1444: 1:29pm On Nov 26, 2020 |
dannybrasky: 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by bendike: 1:30pm On Nov 26, 2020 |
calculusx:We have been impoverished. Imagine 2k usd car is now 2m+. The stupid thing here is that zombies because of 30k and others will still see APC and buhari as the best thing since bread and butter. 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by pedrilo: 1:32pm On Nov 26, 2020 |
consider the option of saving in dollars or euros as naira is making nigerians poorer |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by peeps4u: 1:40pm On Nov 26, 2020 |
chozzy: He's not dumb, if he earns majorly and very well in dollars, it pays him. |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by peeps4u: 1:44pm On Nov 26, 2020 |
PotatoSalad: The rate at which dollars has increased easily overrides that. Imagine someone that made $1k weekly/monthly (about 190k-200k) in 2015, today, same $1k is about 500k. Will that person worry about tomato price when he makes 500k weekly/monthly? Increasing dollar-naira rate pays people that earns majorly and high in dollars. 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Notatribalist(m): 1:49pm On Nov 26, 2020 |
Trustme2: FG slashes import duty on imported vehicles from 35% to 5%. Why not talk about this? |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Trustme2(m): 1:53pm On Nov 26, 2020 |
Notatribalist:Hmmmm. Not for luxury cars o. But for buses, tractors and vehicles used for public transportation. Government revenue is dwindling and trying to raise more led to increase in VAT. That policy isn't for luxury cars bro. Get that distinction right. |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by obo389(m): 1:53pm On Nov 26, 2020 |
GAZZUZZ:I can vouch for you for this guy you tagged. The guy too correct abeg |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by InvertedHammer: 1:58pm On Nov 26, 2020 |
adonainana:/ What has greed got to do with your government's inefficiency and incompetence? The oyibo selling the cars do not care about your exchange rates. A car that costs $10,000 + $1200 shipping + $2000 clearing = $13200. That's is N4.6m a year ago with dollar at N350. Nothing changed. Just by exchange rate fluctuation alone, the same $13,200 this year is N6.2m with dollar at N470. So where is the greed? Or do you expect the importer to still sell it at N4.6m because he is father Xmas? \ 4 Likes |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Originalsly: 2:11pm On Nov 26, 2020 |
Ugoc3: Hmmm...... so cars means buses etc...not private cars! Wow!.... I learn something new today!... thanks! ... cause it made no sense to me why they would reduce the duties on cars to 5% to aid in mass transportation! @ topic.... there is always a demand for foreign exchange September to November to import stuff for the Christmas season. Come Christmas the exchange rate will go back to normal. 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by dannybrasky(m): 2:16pm On Nov 26, 2020 |
lekki1444:Akanokomankimasef |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by lekki1444: 2:17pm On Nov 26, 2020 |
dannybrasky:i totally understand bro 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Nobody: 2:29pm On Nov 26, 2020 |
GBTYO:SMH |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Nobody: 2:33pm On Nov 26, 2020 |
captainamiedi1:You're dumb bro. |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Nobody: 2:33pm On Nov 26, 2020 |
chozzy:He is very dumb He does not know Nigeria imports almost everything 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by adonainana: 2:34pm On Nov 26, 2020 |
chronique: Fixed assets depreciate and machinery depreciate, so you are contradicting yourself, can you imagine what you are saying Mr A wants to sell his 04 Nigerian used Camry for 800k and all of a sudden he realise the car he wants to buy the value has gone up so instead he increases his own price of his used Nigerian car too Do you guys even know the meaning of a used Nigerian car, a car that in a saner climate should be recycled. But things work opposite in Nigeria The economics of opportunity, dangote has increased cement so every bricklayer increases his labour rate. Why dangote increased his cement they don’t know and they don’t care Talking about demand for used Nigerian cars went up. Go to jiji and care 45 and see used Nigerian cars that no one would buy Last last it’s us that is our problem and there is nobody to blame anyway. Same with people selling houses too and people selling land |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by bilulu(m): 2:40pm On Nov 26, 2020 |
adonainana:You only talked about clearing which is usually done in naira, how about shipping which is done in USD? or did you buy the car in naira? some of these people who sell these cars re not based in naija, so by the time they try to pull the money back to their base you will realized they haven't done any business.... 2 Likes |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by bilulu(m): 2:41pm On Nov 26, 2020 |
chrisifeanyi:I have 2010 direct from Canada |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by bilulu(m): 2:43pm On Nov 26, 2020 |
iamDrRhymes:you don forget ur country.... increment starts immediately why price reduction takes months to take effect 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by CsRockefeller(m): 2:43pm On Nov 26, 2020 |
InvertedHammer: Should a car that sold for $10,000 14 years ago still sell for $10,000 in 2020 irrespective of the exchange rate diferential? 3 Likes |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by adonainana: 2:44pm On Nov 26, 2020 |
chukel: It’s normal economics for price of a Nigerian used to go up. So then is when you remember economics, What about the depreciation of the Nigerian used vehicle he wants to sell All of a sudden you remember economics now but you’ve forgotten every machinery wil depreciate and be of less value as time goes on . We shouldn’t even start talking about how old the cars are The site you said I should go on I went on there, there are not brand new cars my friend they are foreign used cars, some accidented some with fault, it’s quite unfortunate if you allow someone to sell a 20 year old car to you for 3,000 dollars for you to want to come and sell to come And sell the foreign car ( tokunbo ) to unfortunate Nigerians |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by CsRockefeller(m): 2:45pm On Nov 26, 2020 |
BabaOwen: He's better than most earning in Naira and pseudo spending in dollars. 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by adonainana: 2:46pm On Nov 26, 2020 |
CsRockefeller: Please help me ask them oooo, 14 years ago the same car was being sold for $10,000 cos it was brand new then, of the same age and day 14 years ago. Now 14 years after you still buying it for the same $10,000 coming to say dollar is this dollar is that I don’t Know who we offend for this Nigeria ooo I really don’t know |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by computerglobal(m): 2:55pm On Nov 26, 2020 |
It is always a good idea to take a used car to a mechanic before you purchase it. Even the best of all mechanics may not be able to tell you everything that might be wrong with the car. Car can be salvaged, flooded, rebuilt and junked and more Get a comprehensive vehicle report today Contact us on Whats-app now . www.nairaland.com/attachments/10000072_vehiclehistoryreport_jpeg3e8dde5a1fb4cccbf6626e983b2598da Confirm the authenticity Of Your Documents Get your documents verified and avoid embarrassment |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by chronique(m): 3:07pm On Nov 26, 2020 |
adonainana: This is Nigeria where virtually everything is abnormal. I'm just explaining to you how the exchange rate is affecting cars. I bought a Nigerian used camry 04 for sale at 1,050m recently. This is a car that was bought more than 6 years ago but still in a very good state. Ordinarily, the car is not supposed to be more than 700k. 1 Like |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Nobody: 3:15pm On Nov 26, 2020 |
lekki1444:You're wasting your time on that guy I totally gave up on him when he asked how burns boy and wizkid song is affecting the price of garri in the market Like seriously Ignorant people full Nigeria. 1 Like 1 Share |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by chrisifeanyi: 3:19pm On Nov 26, 2020 |
bilulu: What's mileage and Vin? |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by habbybus2(m): 3:37pm On Nov 26, 2020 |
Plz WhatsApp me on 07063097718 for pix and price quote author=chrisifeanyi post=96460576]No be small thing. I dey pity dem. Please I need foreign used Lexus RX 350 2009. It must be very neat with good title[/quote] |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by InvertedHammer: 3:43pm On Nov 26, 2020 |
CsRockefeller:/ That’s Tokunbo market. No fixed price. If that’s what you understand from the example I gave, so be it. Go with a gun and snatch a car if you cannot legally afford one. The greatest power you have over a seller is not to buy what s/he is selling. / |
Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by Evii: 3:46pm On Nov 26, 2020 |
What we were told
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Re: Cars, Auto Dealers & $ Dollar - Naira Exchange Rate: How Are You Coping? by EgunMogaji2: 3:46pm On Nov 26, 2020 |
lekki1444: It’s all really relative. Have him make repeated trips home and roam around the city. 1 Like 1 Share |
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