While N5 million may not seem like much money to some people, it can do a lot for you. It
can even buy you a car to ease your movements around, or even to be used for earning
extra cash if you have the time. Here are some cars that you can buy for roughly 5 million
naira in Nigeria. You could choose to get foreign used cars, the one most car dealers refer to
as ‘direct belgium’ or ‘Tokunbo’. You can also get Nigerian used cars from people trying to
relocate from the country or upgrade to a bigger car.
If you are buying abroad and shipping down to Nigeria, bear in mind that the clearing costs
could vary based on the kind of car. Ifeanyi Knorac, a cardealer who spoke to us stated that
clearing an imported car starts from about 1.6 million naira and can run very high depending
on the model and grade of the car.
Also keep in mind that the price will vary from one location to the other, and also be
affected by the usage history including mileage covered, and number of accidents. Here are
some interesting cars for your consideration.
Toyota Camry 2006
This car is available in colors like white, black, grey, silver, red etc, and there is absolutely
nothing to stop you from spraying to your preferred color if you buy one in a different color.
There are slight feature variations among the CE, LE, and XLE models.
Nigerian used sells from 2.2 m to 4.5 million naira
Foreign used sells from N4 million to N5.8 million naira
From a foreign dealer $2,333 – $3,580
Also Read: 20 Cars You Can Buy for N10 Million in 2024
Toyota Camry 2003
Models – LE, SE, LE V6, XLE, SE V6, and XLE V6
Nigerian used ranges from N2 million to 3.48 million naira
Foreign used starts from N3.6 million and can go as high as N5 million
Tokunbo from a foreign dealer at $1,689 – $2,631
Toyota Camry 2004
Models – LE, SE, LE V6, XLE, SE V6, and XLE V6.
Nigerian used ranges from 2.1 million to 3.7 million naira
Foreign used sells from 4 million naira to 5.5 million naira
From a foreign dealer at $1,944 – $3,020
Toyota Camry 2005
Models – Base, LE, SE, LE V6, XLE, SE V6, and XLE V6.
Nigerian used sells from 2.1 million to 3.9 million
Foreign used sells between 3.6 million to 5.9 million
From foreign website sells at $1,986 – $3,070
2005 Toyota Sienna
Models – CE, LE, XLE, and XLE Limited
Nigerian used sells at a range of 2.5 million to 4.6 million
Foreign used goes for 5 million to 6.9 million
From foreign website $2,500 – $3,000
Also Read: We May Have to Say Goodbye to the Toyota Land Cruiser
Toyota matrix 2005
Models – XR AWD, Base, XR, XRS
Nigerian used starts from 2 million naira to 3.65 million naira
Foreign used of this car sells at 4.2 million to 5.8 million naira
Buying from a foreign website costs $1,487 – $2,470
Toyota Camry 2007
Models – CE, LE, SE, LE V6, SE V6, XLE, XLE V6
Nigerian used goes for 2.9 million to about 4.5 million
Foreign used starts from 4.5 million to about 7.8 million naira
| Foreign website sells at $5,000 – $12,995 |
Toyota Corolla 2007
Models – CE, S, and LE
Nigerian used sells for 2.9 million to 4.3 million naira
Foreign used starts from 4.8 million to about 6.3 million
From a foreign website from $1,861 – $3,052
BMW 330 2006
Models – Ci, Xi, and i
Nigerian used starts from 2.15 million naira to about 3.675 million naira
From a foreign website goes for $2,233 – $3,556
Mercedes Benz M class 2006
Models – ML500, ML 350, ML 350 4MATIC and ML500 4MATIC
Nigerian used starts from 3.15 million naira and go all the way up to 5.5 million
Foreign used starts from 4.2 million naira
Mercedes Benz E-Class 2008
Models – Base, E 350, E320 Bluetec, E 350 4MATIC, E 550, E 550 4MATIC, E 63 AMG
Nigerian used can range between 2.5 million to 4.7 million
Foreign used can start at 4.5 million to 6 million naira
From foreign website sells at $3,641 – $5,663
Acura MDX 2008
Models – Base, Tech, Sport
Nigerian used sells from 3 million to 4.6 million naira
Foreign used sells between 5.7million to 7.2 million naira
| From foreign website sells at $4,583 – $7,021 |
Also read: 20 Cars You can Buy for N10 Million in 2024
Pontiac vibe 2009
Models – Base and GT
Nigerian used sells between 2.8 million to 4.3 million naira
Foreign used sells at 5.2 million naira to 7.4 million naira
2012 GMC Terrain
Model – SLE-1, SLE-2, SLT-1 and SLT-2
Nigerian used goes for 4.8 million to 6.5 million naira
Foreign used sells at 6.5 million to 10 million naira
From a foreign website at $10,000
Final notes
The price you pay for any car you choose to get will vary based on location and use
conditions of the vehicle. Do not forget to do your due diligence and ensure that the car is in
a condition that matches what the seller claims.
