Many automobile enthusiasts in Nigeria would love to acquire a large fleet of vehicles for personal use, but doing so is not always feasible or inexpensive. Since most people have less disposable income due to the weak economy than most would want, vehicle swaps in Nigeria are a fantastic concept to let car owners take advantage of the diversity of automobile brands that are offered.
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Car swapping is essentially a deal where you trade your vehicle for another one based on how much each is worth. You could occasionally trade in your automobile for a brand-new vehicle, a foreign-made old vehicle, or a tokunbo. The most crucial requirement of the agreement is that the value of the automobile you are exchanging for the one you are receiving back must be equal to what you wish to swap it with. You cannot own a 2010 Toyota Corolla and want to swap it with a 2016 Mercedes-Benz; it wouldn’t work out. But, some car dealerships allow for a swap if you have a valuable car and will want to add a particular amount of money so as to get a better car than what your car is worth.
Car swapping is ideal for those who are on the lookout for a new car and are on a budget. This option allows you to get a different brand and model of the car that you want. This option is more effective than car leasing as it doesn’t cost more than the exchange or any additional fees. You would become the outright owner of the swapped car. But, most people need to get the idea that for your car to be swapped, it must have been maintained properly, because most dealerships will ask for an inspection of the car before going ahead with any agreement. If the car you wish to swap has a significant issue, the swap might not take place or the car that the car dealer would propose to give you might not meet your expectations. The car swapping process in Nigeria might be an easy one or it might prove difficult depending on how you go about it. That is why we have written this blog, to help you through the process.
- Make A Request
Before you get to this point of issuing your request, You must have done some research on the car dealership with which you wish to trade your vehicle. All information on how to go about this can be obtained if you reach out to them through their available platforms. You will need to make inquiries and know the means of how the car swap will be instituted. This process entails filling out a form with details about your automobile. It would include the model year, brand, the year you bought the car if there is any problem you wish to highlight with the car, if the car is insured, and the factors behind your car switch. It might be completed either physically at their office or online using the form made accessible on the business’s website. This takes no time at all, so after the form has been filled out, all you have to do is wait for their feedback.
- Allow your vehicle to be inspected
This is the “make it or break it” process. After your request for a car, swap has been approved, the next step is for your vehicle to be inspected by the dealership so the swap can be initiated. That is why you should ensure you will pass this stage. During the form-filling process, you might have been asked if your car has any major issues. If this isn’t the case, your car might pass the inspection process. This process entails a thorough examination of every component of your car in order to assign it a value for switching. The vehicle’s appearance, interior, engine, and major systems will all be examined, tested, and scored. Your car must have been duly maintained when it was in use by you. If that was not the case as well, you might not get approved for the car swap.
- Carry Out The Car Swap/Exchange
The company offers a variety of automobiles that are around the same value as your car for this activity. The specifications of the provided automobiles will also match what the owner filled in the form. The owner has the option of selecting one of the automobiles or one with a lower or greater value. In the latter case, the owner will have to pay the difference in cash or, if his automobile is worth more, will be compensated for it. The dealership where you exchange your vehicle will determine this. The purpose of these methods is to standardize the process of trading automobiles in Nigeria. Notwithstanding, owners should still learn how to assess their cars independently. You must be able to describe and list the specifics of your car, as well as the driving experience you had during that time. This will give you more negotiating power so you can get a better price on your automobile.
Where Can You Swap Your Car In Nigeria
They have a lot of customers that actually bear good news about them.
- Address: No. 16 Oyemekun Street off College Road, Ogba, Lagos,
- Phone: 2348166532266
- Website: https://oloworayautos.com
Just Auto Home
They pride themselves on being able to import cars from the US and UK. You can even make a request to import a car you want to swap.
- Address: 34, Kodesoh Street, off Mobolaji Bank, Anthony way, Omole Phase 1, Ikeja, Lagos
- Phone: +2348033720954, +2348088082048
- Website: justautohome.com
You can also swap your car with ease on this platform. You can either upgrade or downgrade your car on the platform as well.
- Address: No 17, Akinsanya Street, Beside FRSC Building, Ojodu, 100001, Lagos.
- Phone: +2347031555235
- Website: carswap.ng
Frequently Asked Questions
Yes, I can. There are a number of car-swapping websites where you can exchange your car for another. The process is very simple, and you can even do it online.
You can buy a brand new Tokunbo Honda Accord at carmart.ng. Our website hosts a variety of cars available for sale. You can only sell your car on our website in quick and easy steps. If you have any further questions about our other services, please contact us through one of our other platforms.
In Nigeria, car swapping is now becoming increasingly common. You may exchange automobiles in different parts of the country. Car exchanges between two people are another possibility. When changing automobiles, exercise caution. Making errors while trading in an automobile is much like doing so when purchasing a used or tokunbo vehicle. Always trade in your automobile at a certified dealership for an accurate assessment of the resale value.
It might be a long-term, permanent arrangement or a temporary one. A thorough written agreement should be in place as well, especially if the shift is to be permanent. Other vehicle documentation must be present. The swapping process is an easy one if you know what to do and how to go about it.
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