Car auction sites are continuously gaining popularity in Nigeria. The number of car buyers taking advantage of this affordable and easy way to buy used or salvage cars is increasing day by day . Auto Auction Mall, Copart’s authorized representative in Nigeria, offers access to the dealer-only car auctions from Copart in the US. This makes buying a car in Nigeria an easy process. You can find a good salvage or used car at a wholesale price.
However, a fair number of buyers still don’t have a clear knowledge about the steps required to deliver their newly purchased used car into Nigeria.
Shipping Your Car
It’s very important to have all the information you need before initiating the process of buying a car in Nigeria through an auction site. Auto Auction Mall has a straightforward shipping solution from the time you purchase the car until it gets to the Port of Lagos. Nonetheless, there are legal steps that are crucial in order to avoid extra fees or even a problem with your car’s clearance at its destination.
Initially, you’ll need to decide on which type of shipping you would like to choose with your shipping agent. The Roll-On/Roll-Off method, also known as RoRo, is one of the most popular shipping ways of transporting a car to Nigeria. It is also less expensive than other overseas shipping methods. However, it is mostly available with vehicles that “runs and drives”.
List of Documents Required
Whichever method of transportation you decide to go with, the following are the documents you need to have ready to ship your vehicle from the US.
- Title and registration
- Original purchase invoice
- Insurance papers
- The make, model and serial number
- Packing list
- Certificate of value and origin
Shipping a car from the US to Nigeria can be more expensive than other destinations because of distance and route availability. Usually, it can take 3 to 4 weeks for the car to be in the port in Nigeria.
Nigeria’s Used Car Import Laws
You must know that laws for importing used cars into Nigeria can change at any given time. It’s important for you to check the laws before you arrange your car shipping, in order to be sure everything is covered.
This is what you need to comply with when shipping your used car:
- Have at hand proof of documentation (list of documents above)
- Keep proof of paid tariffs
- The car cannot surpass fifteen (15) years from the year of manufacture
- The car will need to be opened in case of local customs inspection
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Vehicle Import Taxes and Tariffs
Although there are taxes and additional shipping payments, the overall cost of buying a used car through auction sites makes it all worth it. You can save a good amount of money by using sites like Auto Auction Mall.
- 5% VAT
- 35% FBU tariff
- 35% commercial tariff
- 35% truck tariff
Your Car-Purchase Checklist When Buying a Car in Nigeria
It may seem as if there are many things to consider when buying a car through an auction site. However, these are simple things, and once you have them ready and organized, shipping a car to Nigeria will run smoothly. The whole process is still less expensive than buying a used car locally. Finally, auction sites like Auto Auction Mall, are an excellent option for you to find a great used car at a wholesale price.
Here is a checklist that will help you have everything ready.
- Vehicle Title and Registration
- Original Purchase Invoice
- Insurance Papers
- Make, Model, and Serial Number
- Certificate of Value and Origin
- Packing List
- Proof of Paid Tariffs