Buying a car in Nigeria is something majority of us look forward to because of the respect it’d earn you among your peers.
Once you tell a Nigerian that someone is rich or has gotten a good job, the next question that you should expect is ‘which kind car im dey use?‘ (Don’t worry, that’s the Nigerian pidgin, meaning which kind of car is he using).
It doesn’t matter if you acquired a Benz, Bentley or Toyota, you just have to show them that you have four tyres.
7 Things You Need To Know Before Buying A Car
I know you’re planning to buy your first car soon (or probably, the second or third), probably for leisure or business, I’m sure at the end of this article, you must have gathered some information that will guide you on it.
Acquiring a car can be a stressful experience, especially if it’s your first. There are so many things to consider before proceeding to make the whole process stress-free.
Below are some of the key considerations you should put in place before approaching a car dealer or take your vehicle for a test drive.
Buying a car involves a lot of finances, so your budget should be the priority. There are different cars for different categories of individuals.
For example, Toyota cars are for economical class while Rolls Royce signifies luxury. Your budget should also consider what you plan on using the car for.
We have earlier listed the 5+ best cars for Uber in Nigeria, I suggest you read it if you plan on acquiring a car for Uber, Taxify or other taxi businesses.
• Compare prices
I know you should already know this, but I still need to include it here. Before paying for your choice car, trying pricing it at different dealerships or even use online services.
I use Cheki, JiJi and other classified stores that show me information from direct sellers. You’d see fairly used cars and imported cars. Your choice should be influenced by your choice car and budget.
In the corporate world, a stakeholder is a member of “groups without whose support the organisation would cease to exist”.
Before purchasing a car, whether your first or not, it’s very important to consider stakeholders. Stakeholders can include your family members or even friends, especially someone that already has experiences in automobiles. They would be a determinant of the kind of car that you would likely purchase.
• Look at car histories
Before choosing a car dealer, try searching online for consumer reviews. This will help you in making the best decisions and also avoid bad experiences.
Also be conscious of the fact that not every car advertised by a reputable dealership is issue-free. Experts will always recommend that you dig deeper, especially when you intend purchasing used cars.
• Find repair records
Has the vehicle been involved in an accident before? Is the air bag still intact? These are some of the things you should consider before paying for your choice car.
This is very necessary if you’re purchasing second-hand cars. Most cars sold in Nigeria are either foreign used or second hand, so checking the car’s repair history is very important.
• Maintenance cost
How easily can you get the car spare parts if it develops fault? Toyota car spare parts can easily be gotten in the major Nigerian major cities.
You shouldn’t just go-ahead to purchasing a car, without doing proper research on the maintenance cost, which may later hunt them.
Car owners are oftentimes confronted with the harsh reality that car maintenance ends up adding a lot to the overall cost of a car over its lifetime.
In addition to the upfront cost of the car other things like taxes, insurance, depreciation along with routine car maintenance and service also need to be considered when buying.
• Resale value
The car’s resale value is also another key factor your should put into consideration. In a country like Nigeria, cars like Toyota Corolla, Toyota Camry, Hyundai Elantra, Lexus Rx 300 and 350 among others have the possibility of being resold easily.
Buying a car is not a hard task, you just need to be careful to avoid making mistakes. You should also consider the routes you intend plying with the car. Who would want to go for a low car in a road full of port-holes?
What do you think about this article? Don’t forget to drop us a comment and share with your friends. Also check out these 4 killer tips that will help you purchase a good car in South Africa.