How to Import Japanese Used Cars to Nigeria
Japanese used cars are famous all over the world. Reliability is not the only reason behind the popularity of these cars; affordability and high quality are also important factors. Almost every country in the world imports these cars.
The African continent is a big market for Japanese used cars. Many African countries import large numbers of cars to meet the continent’s growing needs for personal transport. Like other African countries, Nigeria also imports Japanese used cars. Nigeria is the largest economy in Africa. According to country’s National Automotive Council, Nigeria imports about half a million cars a year and most are from Japan. It is easier to import Japanese used cars to Nigeria. Here is a step by step process for the import:
Find a Reliable Supplier:
You need a supplier for the import of Japanese used cars in Nigeria. Many used cars suppliers export used cars from Japan to all over the world. You may find many on the internet, but choose the one which is experienced and reliable. It is necessary to make it sure that you get what you pay for.
Check the exporter’s website and look for information related to their services. Contact them on phone and social media. Ask on user communities and forums and gather information about them. The best way is to get in touch with their past customers and ask for sharing their experience.
Choose the Car
You may have chosen a car for now, but you need to find one if you have not. Most probably you will make a choice after taking price and other factors into account. You can also choose a car in the used cars stock on exporter’s website. You can find different makes and models of the vehicles and then find the one that is suitable for you.
Order and Payment
If you have made your choice, it is time to make the order. Order the car on their website and you will receive a receipt. Pay the amount in your local bank to get it transferred to their bank account. You will receive a receipt of the payment. Send this receipt to the supplier so the shipment process can be started.
After you make your payment, shipment process can be started. It depends on the terms and conditions agreed between you and your supplier.
You need to get your car off the port after its arrival. Contact with a port clearance company. Provide them all the related documents and fees so you can get your car.
Import Rules and Regulations
Lagos and Apapa are the two ports where used cars are imported.
Left or Right:
Only left-hand drive cars are allowed in Nigeria.
Road Worthiness Inspection:
No roadworthiness inspection is required for the cars being exported to Nigeria.
The vehicle should not be more than 8 years from the time of its first registration.
- Bill of Lading
- Export Certificate
- Marine insurance policy (issued by a Nigerian insurance firm).
- Evidence of payment of VAT.
- Approved Form M.
Some other documents may also require.
Taxes and Duties:
- 30% of Cars
- 15% of Buses
- 30% of Trucks
- CKD (Complete Knocked Down Vehicles): 15%
Here are taxes applicable to the import of used cars import.
- VAT (Value Added Tax):- 5%
- NAC (National Automotive Council):- 2%
- CISS (Comprehensive Import Supervision Scheme):- 1%
- ETLS (Ecowas Trade Liberalization Scheme):- 0.5%
- Sub Charge and Duty Payable
Import of Japanese used cars to Nigeria is easier. You need to find a used cars supplier, order your desired car and it will be sent to your chosen destination.