Nigeria custom duty rates on imported cars
Having a personal automobile is a dream of any Nigerian. Here, automobiles are rather a necessity than an item of luxury. However, buying a car in Nigeria can be quite tricky, especially if the chosen car is imported and you need to overcome all the custom demands and procedures.
How do people purchase new and used cars in Nigeria?
If you want to buy a used car, the main thing you need to do is find a bank that will give you a good loan or collect the necessary amount on your own. Then, you should find somebody who’s knowledgeable about cars and their mechanics to help you discover possible drawbacks to the inner parts. If everything is okay, you just pay the price and here you are, you have a personal car.
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How much does Nigeria custom service clear a car?
Some time earlier, before the new tariffs were introduced, the calculation of the price was quite simple. They considered the size of your vehicle and its production year. Thus, a car produced in 2001 would have been cheaper than the one produced in 2014.
Roughly, a car produced in 2000-2003 would have been cleared for N250,000; a car produced in 2009 would have cost you N600,000; and a car produced in some 2012 or later – N800,000 and more. These are the prices for usual cars. Jeeps, for instance, would have been more expensive: a vehicle of this type produced in 2012 or later would have cost N900,000 and more. Buses and trucks would have cost less.
Now, we use the 2015 law that says the following: the cost of your vehicle determines the amount of the clearance fees. That is, 35% duty that is charged on the vehicle cost + 35% levy = 70% of the cost of the vehicle will make up the clearance amount. That’s pretty much, really, because it’s almost a double price. Everybody who is planning to purchase a vehicle will have to plan additional almost the same amount to pass all the customs procedures.
Nigeria custom duty rates on imported cars
Now, let’s try to find out how much it will cost a person to purchase some of the most popular cars in Nigeria and have them cleared in compliance with the tax in Nigeria and other demands.
Here’s some newest information on the type and production rate of vehicles upon the whole, and on some particular car brands and models.
- Cars produced in 1999 would cost 260,000 or 400,000 (respectively, passenger cars and jeeps)
- Cars produced in 2000 would cost 280,000 or 400,000 (respectively, passenger cars and jeeps)
- Cars produced in 2001 would cost 280,000 or 450,000 (respectively, passenger cars and jeeps)
- Cars produced in 2002 would cost 320,000 or 450,000 (respectively, passenger cars and jeeps)
- Cars produced in 2003 would cost 330,000 or 480,000 (respectively, passenger cars and jeeps)
- Cars produced in 2004 would cost 350,000 or 480,000 (respectively, passenger cars and jeeps)
- Cars produced in 2005 would cost 400,000 or 500,000 (respectively, passenger cars and jeeps)
- Cars produced in 2006 would cost 410,000 or 550,000 (respectively, passenger cars and jeeps)
- Cars produced in 2007 would cost 500,000 or 570,000 (respectively, passenger cars and jeeps)
- Cars produced in 2008 would cost 600,000 or 600,000 (respectively, passenger cars and jeeps)
- Cars produced in 2009 would cost 780,000 or 850,000 (respectively, passenger cars and jeeps)
- Costs for cars produced in 2010 or later are still debated.
However, no matter what the production year is, the cost of the car will determine the clearance price in the very first turn.
Now, let’s see expected prices for the customs clearance of certain most popular models of cars in Nigeria.
- Acura MDX will cost approximately N700,000 to N980,000 or N380,000 to N850,000 depending on the production year
- Benz ML will cost approximately N450,000
- Ford Focus 2012 will cost about N1,400,000 to N900,000 depending on the production year
- Hyundai Sonata will cost about N350,000 while Hyundai Elantra will cost about N1,300,000
- Kia Optima 2012 will cost approximately N1,200,000 while Kia Spectra will cost about N500,000
- Land Rover R / Sport 2006 will cost about N1,500,000
- Mitsubishi Carisma 2005 will cost about N380,000
- Lexus RX 300 will cost approximately N420,000
- Mazda 3 SV will cost about N2,000,000 while Mazda 6 will cost approximately N450,000 depending on the production year
- Toyota 4 Runner 1994 will cost about N450,000 while Toyota Camry will cost approximately N270,000 to N600,000 or even N1,000,000 depending on the production year
- Toyota Corolla will cost approximately N450,000 to N600,000 depending on the production year
- Toyota Sienna 2004 will cost approximately N350,000
- Toyota Venza 2010 will cost approximately N1,100,000
- Toyota Yaris 2000 will cost about N200,000
- Volkswagen Passat will cost approximately N380,000 while 2011 Volkswagen CC will cost about N1,200,000
However, you need to remember that part from the automobile price, there are other costs that need to be foreseen. Besides that, the information may change, so, before you make up your mind to purchase a car from abroad, consult the official webpage of the CET tariff administration and find out whether your information is correct.
Several other important matters on car tax in Nigeria
It happens sometimes that people purchase vehicles from other people or from retailers thinking that their cars are okay and that all the clearing procedures have been done. In fact, it turns out that some of the cars in Nigeria have not passed the procedure of clearing or have but not completely. In other cases, even owners of cars know for sure that they haven’t completed the procedure of clearing of their vehicles properly. In such a case, it’s necessary to complete a couple of simple steps.
- Visit one of the zonal affiliates of the Customs Service in Lagos, Kaduna, Port Harcourt, or Bauchi State (you can find the addresses on the Internet).
- Send a text message to specialized phone numbers (you can also find them on the Web by googling clearing matters), provide your C-number, the port where your vehicle has crossed the border, and the year when you paid the customs duty. You will get a response with the necessary information on your vehicle. If something is wrong with it, make sure to have your vehicle authenticated properly.
Having a car cleared properly is very important. This is why you should give this matter enough attention if you are only purchasing a vehicle and even more if you have already purchased one.
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Source: Legit.ng
