6 Cheapest Cars You Can Buy For Less Than N3,000,000 This 2023

Most of the cars Nigerians buy are used foreign vehicles. There are very few people who buy brand new cars. This can be a result of the economic situation in the country, where the majority of the population is struggling to keep up with the challenges of life.

Another factor that scares people away from buying brand-new cars is the import duty placed on brand-new cars. If you want to import your brand new car into Nigeria, you’re definitely going to pay the 70% import duty as opposed to the 35% import duty for fairly used foreign cars. This is another reason why you hear that people smuggle cars into the country through our borders.

If you are a Nigerian looking for cheap cars, these cars won’t cost you much.

1. 2008 Toyota Camry

The Toyota Camry series is one of the most popular cars in Nigeria and the king of cheap cars. The Toyota Camry is one of the best-selling compact cars in Nigeria.

This car has a comfy cabin, a big boot, a spacious interior, and safety features, making it a perfect car for a new family. The Toyota Camry can brag about a very strong and durable engine, tires, and brakes.

This allows this small but mighty car to drive smoothly on both tarred and bumpy roads without any trouble. This car model will suit the needs of any driver. Best of all, the Toyota Camry Series is one of the easiest cars to maintain in Nigeria.

Price of the 2008 Toyota Camry: N2,700,000

2. 2005 Mercedes-Benz C200

The Mercedes-Benz C200 is another cheap car in Nigeria that you can purchase. This car comes with the sweet Mercedes-Benz design and usual functions that you are sure to love.

Mercedes-Benz has already established itself as the King of Automobiles worldwide. This German brand of automobiles is known for the precise manufacturing of their cars, making their vehicles extremely durable and almost indestructible.

This makes people believe the fallacy that there are no cheap Benzes in Nigeria. Mercedes-Benz is known for its luxurious, strong, durable, and exquisite looks. If you are looking for an affordable car in Nigeria, I’d advise you to go for the Mercedes-Benz C200.

Price of Mercedes-Benz C200 2005: N2,200,000-N2,650,000

3. 2006 Honda CR-V

The Honda CR-V is another popular compact car that can be compared with the Toyota Camry and Corolla models. The Honda CR-V is another Japanese car series known for its impressive fuel economy, reliable safety features, and small but spacious design.

If you are a bachelor or just starting a family, I’d advise you to go for this car because it’s perfect for men shopping for cars on a small budget. One of the best things I like about Honda CRVs is the fact that the interior is super easy to clean.

Price of 2006  Honda CR-V: N2,500,000

4. 2001 Toyota Sienna 

The Toyota Sienna series can also stand as one of the cheapest SUV cars in Nigeria. This car is one of the top-rated SUVs in Nigeria and one of the cheapest SUVs in Nigeria. Siennas can drive easily on bad roads without giving the driver any discomfort whatsoever.

First released in 1997, the Toyota Sienna stands as one of the most popular SUV cars in Nigeria. This car is also the first choice SUV car for families as well as travellers in Nigeria. Siennas are not as elegant as Highlanders or 4Runners, but they are cheaper.

Price of 2001 Toyota Sienna: N1,050,000-N1,600,000.

5. 2005 Lexus RX300

Speaking of SUVs, the Lexus RX 300 is another cheap car that you should consider buying in Nigeria. This car comes with a boss-sized interior and a very neat design that will surely leave you stunned.

The Lexus RX300 brings premium comfort to its drivers and can easily stand up to the Toyota Siennas. The Lexus RX350 is also one of the most popular SUVs in Nigeria and can boast of reliability, durability, and affordability.

Price of the 2005 Lexus RX300: N3,200,000

6. 2003 Volkswagen Beetle

Yes, the Volkswagen Beetle is also one of the cheapest cars in Nigeria. The Volkswagen Beetle also called “the tortoise car” is another popular car model in Nigeria that you can buy at a giveaway price in Nigeria.

Although the Volkswagen Beetle is not a fancy car, it can be regarded as classic and collectable. The German Automobile Giants, Volkswagen, announced earlier this year that they would stop the production of the beetle model; this supercar can even be regarded as an antique.

Price of the 2003 Volkswagen Beetle: N500,000 – N950,000

How to Buy Cheap Cars in Nigeria

Buying a new car used to be a sign of status, but with the current state of the economy in Nigeria, buying a new car is something that many people are trying to do without. Because of this, there are many cheap used cars in Nigeria. There are also many cheap new cars, but because it is cheaper to buy them used and because they have a higher resale value, most people are opting for used cars.

A lot of people buy cars from auctioneers. The problem with this is that many buyers end up paying more than they should have in the process. Auctioneers do not sell cars at their retail price because they are paid by dealers and companies to provide them with more cars and make more profit. This means that auctioneers sell cars at a higher price as compared to their retail prices.

The best way to get a used car in Nigeria is by talking to people who want to sell their cars but do not know how or where to do it. In most cases, these individuals are desperate for money and will sell the cars at a cheaper price if the deal involves cash payment.

When you compromise comfort, style, and safety for a cheaper car, you might as well not even have a car at all. A lot of people do not understand that the cars they are driving are not worth the amount of money they are paying for them. In most cases, these cars will break down at some point.

When you buy a cheap car, it is usually less difficult to maintain due to its spare parts availability in auto markets. Cars that cost over N6,500,000 are usually more expensive to maintain. If you need a cheap, durable car, you need to look for occasions and chances around you but Carmart.ng is the best place to start.