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TOYOTA CAR PRICES IN NIGERIA 2019

TOYOTA CAR PRICES IN NIGERIA 2019

Brand New, Foreign Used (Tokunbo), and Nigerian Used

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Toyota cars are generally strong and classy. Toyota has dominated the automobile market in recent years. For every ten cars you see on the road 5-6 is a brand of Toyota. This is how well they have penetrated the market and stamped their feet. Toyota spare parts are readily available and quite affordable. Over the years, Toyota products have proven to be dependable, cheap to maintain and rugged for any kind of road. In Nigeria Toyota cars are the most in demand and almost every house has a Toyota car parked at the garage. Toyota has been consistent with awesome designs and models while also evolving to meet up with new technologies. Another important advantage of Toyota vehicles is that local mechanics understand the operations and functionality of Toyota cars; they can easily detect faults and fix them irrespective of the model. Toyota products guarantee amazing driving experience and luxury. If you want a car with minimal fuel of diesel consumption, available spare parts, reliable features, good life span and very affordable you might want to consider Toyota models.

 

SOME FACTORS AFFECTING CAR PRICE IN NIGERIA
The Nigerian automobile market is very volatile. The prices of vehicles are not consistent. This is because of some factors that I will highlight here. To get insight and understanding into the nature of the automobile market in Nigeria, the current prices of vehicles and the factors affecting car prices we are featuring OMO MOTORS Abuja. They are located at;

OMO MOTORS ABUJA
Plot 1069 Uke Street, by Sahad Stores, Area 11, Garki Abuja.
They deal on all types of vehicle and offer genuine car papers.
You can contact OMO MOTORS on +2348035908426.

It is not a far-fetched fact that 90% of Nigerians can’t afford brand new cars. They resort to Foreign Used Vehicles popularly known as Tokunbo. These are fairly used cars from US, UK, Taiwan, Dubai, Japan etc. the prices of Tokunbo cars are affected by the following factors among others;

*Mileage of the car
*The model and brand
*Physical condition (Wear and tear)
*Custom clearance and import duties
*Exchange rate
*Period of the year.
*Government policies.

Let us take a look at some latest prices of some selected popular Toyota vehicles in Nigeria. I will consider the prices of the selected Toyota brands between 2005 – 2018 models. I will present the prices in range because these above listed factors can affect the price of even the same car model.

SELECTED TOYOTA NIGERIA CARS & PRICE LIST (2019)

PRICES OF TOYOTA MATRIX IN NIGERIA


Brand New Toyota Matrix
2008 – 2014: N12 million – N15 million
Foreign Used (Tokunbo)Toyota Matrix
2005 – 2008: N1.8 million – N2.300 million
2009 – 2012; N3 million – N4.3 million
Nigerian used (Local) Toyota matrix
N1.2 Million – 1.5 Million
NOTE: Toyota stopped the production of the Matrix model in 2014.

PRICES OF TOYOTA AVENSIS IN NIGERIA


Brand New Toyota Avensis
N20 million – N27 million

Foreign Used (Tokunbo) Toyota Avensis
2005 – 2007: N3.4 million – N4.3 million
2008 – 2009: N3million – N4.4 million
2010 – 2013: N4 million – 7 million
2014 – 2016: 14million – N16 million

Nigerian used (Local) Toyota Avensis
2005 – 2007: N1.5 million – N1.9 million
2008 – 2009: N1.8million – N2.5 million
2010 – 2013: N2.5 million – 4 million
2014 – 2016: 7million – N13 million

 

PRICES OF TOYOTA RAV4 IN NIGERIA


Brand New Toyota RAV4
N20 million – N25 million

Foreign Used (Tokunbo) Toyota RAV4
2005 – 2009: N3.5 million – N7.2 million
2010 – 2012: N7 million – N10 million
2012 – 2017: N12 MILLION – N18 MILLION
Nigerian used (Local) Toyota RAV4

2006 – 2009: N1.5 million – N3 million
2010 – 2012: N2.8 million – N5million
2013 -2014: N5 million – N 7 million

 

PRICES OF TOYOTA PRADO/LAND CRUISER IN NIGERIA


Brand New Toyota Prado/ Land Cruiser
Till date Toyota Prado and Land Cruiser jeeps remain among the most reputable vehicles in Nigeria. Brand new of these cars cost between N30 million – N52 million
Foreign Used (Tokunbo) Toyota Prado/ Land Cruiser
2005 – 2007: N4.3 million – 8 million
2008 – 2012: N10 million – 18 million
2013 – 2016: N17 million – -30 million

Nigerian used (Local) Toyota Prado/ Land Cruiser
There is often not much difference between the foreign used and Nigerian used.
2006 – 2009: N 4 million
2010 – 2012: N6 million – N10 million
2013 – 2015: N8 million – N15 million.

PRICES OF TOYOTA HIACE IN NIGERIA


Brand New Toyota Hiace
Brand new Toyota Hiace is within N18 million to 28 million. Price varies with the model and exchange rate

Foreign Used (Tokunbo) Toyota Hiace
2005 – 2008: N2.5 million – 4 million
2009 – 2012: N6 million – 9 million
2012 – 2015: N8.5 million – 18 million

Nigerian used (Local) Toyota Hiace
2005 – 2008: N1.5 million – 2.5 million
2009 – 2012: N2.5 million – 7 million
2012 – 2015: N7 million – 12 million

PRICES OF TOYOTA SIENNA IN NIGERIA


Brand New Toyota Sienna
2008 – 2016: N18 million – N24 million
The 2017 and 2018 models cost between 20 million and 30 million

Foreign Used (Tokunbo) Toyota Sienna
2005 – 2007: N2.5 million – 4 million
2008 – 2010: 3.6 million – 5.3 million
2011 – 2012: 5.2 million – 6.8 million

Nigerian used (Local) Toyota Sienna
2005 – 2007: N1 million – 1.9million
2008 – 2010: 2million – 3 million
2011 – 2012: N3 million – 4.8 million
2013 – 2015: N 4.5 million – N7 million

PRICES OF TOYOTA PICNIC IN NIGERIA


Toyota stopped the production of Toyota Picnic in 2009, making it almost impossible to get the brand new version now.

Foreign Used (Tokunbo) Toyota picnic
2005 – 2009: N2million – 2.5 million.

Nigerian used (Local) Toyota Picnic
2005 – 2009: N900 – 1.2 million.
Models before 2005 are much cheaper.

PRICES OF TOYOTA YARIS IN NIGERIA


 
With N12.5 million to 13.8 million you can get a brand new Toyota Yaris

Foreign Used (Tokunbo) Toyota Yaris
2006 – 2010: 1.8 million – 3.1 million
2010 – 2012: N3 million – 4 million
2012 – 2015: 3million to 6 million

Nigerian used (Local) Toyota Yaris
2006 – 2010: 1 million – 1.7 million
2010 – 2012: N1.7 million – N2 million
2012 – 2015: N2million to N3 million

PRICES OF TOYOTA COROLLA IN NIGERIA


Toyota corolla and Toyota Camry seem to be the most popular Toyota brands in Nigeria. It is common and easy to find locally used as well as foreign used corolla versions. For good foreign used you can get for the prices below with little variations due to pricing factors.
2006: N900,000 – 1.450 Million
2008; N 1 million – N2 million
2009: N 800,000 – 1,2 Million
2011: N900,000 – N1.2 million
2014: N3 million – N 3.5 million

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