In Nigeria’s current climate of skyrocketing car prices, finding the cheapest cars in Nigeria can be quite a challenge. However, here are ten cars that can still be bought for a price below N10 million in 2025.
1. Toyota Corolla (2014‑2017)
- Price range: N6.5m – N9m for foreign‐used (tokunbo) and recent Nigerian‐used.
- Strengths: Fuel efficient, spares are easy to find in Nigeria.
2. Toyota Camry (2012‑2014)
- Price range: N5.5m – N8.5m for Nigerian‐used; tokunbo versions up to N10m.
- Strengths: More comfort, more space, family‐friendly.
- Considerations: Slightly higher running cost (fuel/spares) vs smaller sedan.
3. Toyota RAV4 (2010‑2013)
- Price range: N7m – N9.5m
- Strengths: SUV body, good for Nigerian roads, more versatility.
- Considerations: May have higher fuel usage; check condition carefully.
4. Lexus RX 350 (2008‑2011)
- Price range: N8m – N10m.
- Strengths: Luxury SUV feel, good build quality.
- Considerations: Running cost and spare parts may be more expensive; ensure maintenance history is good.
5. Honda CR‑V (2007‑2009)
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You can find a Honda CR‑V Tokunbo for around N7.5m to N8.5m.
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Strengths: Reliable, decent spare‑parts availability, SUV body for road versatility.
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Considerations: Older model, might have higher wear. Check transmission and service history.
6. Hyundai Santa Fe ( 2008‑2010)
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Available around N9m to N9.5m
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Strengths: Good SUV option, more space and versatility.
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Considerations: Running cost might be higher, check spare‑parts and previous usage.
7. Ford Edge ( 2008‑2009)
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Listed in the guide at roughly N8.5m to N9m for Tokunbo models.
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Strengths: Stylish and feature‑rich SUV.
8. Mazda CX‑9 ( 2008‑2009)
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listed under the N10m mark.
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Strengths: Larger SUV, three‑row seating in some trims.
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Considerations: Same engine/water‑pump concerns as its platform sibling (Ford Edge). Higher maintenance risk.
9. Volvo XC90 ( 2007‑2008)
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Around N9m to N10m.
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Strengths: Safety features, strong build.
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Considerations: Parts may be more expensive, cooling/thermostat/radiator issues mentioned in the guide.
10. Mercedes‑Benz ML 350 (2007)
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Benz under N10m — “2007 ML 350” listed as the top pick for those wanting a Benz on a budget.
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Strengths: Prestige and strong brand value.
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Considerations: Maintenance cost is higher, and older luxury SUVs can hide large repair bills.