The Easy Detailed Guide On Importing Vehicles From U.S.A & Canada On A Slim Budget Line Saving 20% and Above Of Actual Cost In Nigeria
In October 2018, Shina Saseyi imported this clean Ford Edge, 2010 model from U.S.A to Nigeria for N2,700,000. The least you will buy this vehicle in any car dealer’s shop in Nigeria is 3.5 Million Naira. You could figure out the difference in cost.
Shina adapted some unusual approach to beat car dealers in their game saving a whooping N800k in the process.
And for 10 years, Shina Saseyi has imported over 150 vehicles including Toyota Corolla, Range Rover, Toyota Sienna, Toyota Venza, Ford Edge, Lexus, and others, from U.S.A and Canada. These vehicles are imported at ridiculously cheap prices far below what you would ever buy from Nigeria car shops.
Nigeria Car dealers ensures these secret are closely guarded from the public. Here, you are about to learn how to stop the rip-off, beat them in their own game, get access to the Insider Secrets, Safest, Most Guaranteed Method and Step By Step Process For Importing Tokunbo Cars From the US and Canada to Nigeria.
The truth is, Car Dealers will always make it look like a rocket science importing vehicles from U.S.A and Canada. They make it look like an herculean task and a no-go area but to the reserved few. Of course, no business person will reveal his business secrets to everybody. The reason is, having access to a closely guarded business secrets brings about competition.
There is no big deal in buying fairly used cars in cheap prices from U.S.A and Canada and shipping it down to Nigeria. Technology has greatly improved the way we do business, car importation inclusive. It has made everything easy where you can do it from the comfort of your home or office, and have your orders delivered to your address in Nigeria.
The car dealers closely guarded secret is what you are about being exposed to, in this article. You would be better armed with useful information on the Safest and Most Guaranteed Method for Importing Tokunbo Cars from America & Canada to Nigeria.
Requirements For Buying Cars From U.S.A And Canada
To successfully buy and import vehicles from the US and Canada, there are basic things which you need and they are things which you might already have, except one,which you will have when you read this article to the very end.
- Fast and Reliable Internet Connection.
- Internet enabled device: Personal computer (PC), Laptop, Mobile device.
- Means of Identification: Driver’s License, National I.D Card, International Passport.
- Certificate of Incorporation and Tax ID when you register as a company.
- Knowledge on the process of car importation which you would be getting right here.
Some Websites Where You Can Buy Cheap & Fairly Used Vehicles From U.S.A And Canada
Below are some of the websites you can buy fairly used / tokunbo cars:
- And many more…
Some of these websites are free to join while others charges for registration and annual membership fees.
Some Car Auction Terms You Should Take Note Of:
Here are some basic terms you need to understand to be able to have it easy buying cars on any of the car auction sites.
Clean Title: Clean title vehicles are those that are very OK. They are priced higher than salvage and enhanced title cars. Clean title cars may in some instances have minor dents or scratches on the body.
Salvage Title: These are vehicles that were damaged due to accident. It may have been been a minor or major accident, so you need to ascertain the level of damage beforehand. This enables you determine if it could be easy to fix in Nigeria or not.
Enhanced Vehicle: These are cars that have been modified due to accident or have certain parts changed to perform below par or according to prior users taste and style.
Buy It Now: This show the exact price you pay for the vehicle. The price here is fixed.
Bid: Here, the price is not fixed. You are required to bid on the amount you want to buy the vehicle. The highest bidder gets it.
Type of Vehicles To Avoid When Buying On Auction Sites:
There are vehicles to avoid buying because of the cost of fixing them. In some instances they cannot be fixed. Avoid them:
- Flooded vehicles. They usually have high electrical faults and chances of fixing them are very low.
- Accident vehicles with damaged front end which affects the engine bay.
- Vehicles with bad and damaged frames.
- Cars with bad or damaged airbags. Airbags must be intact.
The Reason Vehicles On Auction Sites Are Cheap
This is one of the secrets car dealers would not want you to know. Most of the cars imported into Nigeria are accident vehicles which could be easily fixed in Nigeria. They buy them at very dirt cheap prices, fix them in Nigeria and sell them at a very high prices.
80% of vehicles imported in Nigeria are salvaged vehicles. Custom duties on these vehicles are also very low. Not all vehicles are accident vehicles though. Some are with minor dents or scratches.
These vehicles are insured, and when accident occur, the insurance company write them off as Off-road. It means the affected vehicle cannot be driven anywhere in the country where the accident occurred except outside the country. The insurance company sells off the vehicles to auction sites as off road vehicles.
The fact that it has been tagged “off road” vehicle in the US or Canada does not mean it cannot be driven in Nigeria. After all, you do not dump your car in Nigeria just because it had accident, you try to fix it and bring it back to the road.
In some instances, owners of these vehicles are just car freaks that want a newer model and cannot afford to have both cars in their garage with the accompanying car charges.
Imagine when we buy a new phone and sells off the old one at a cheap price, or sell off old phone to make up money for a new one. Same scenario is playing out here.
Those are some of the reasons why some cars come cheap on those car auction sites.
Here Are The Simple 5 Step by Step Process For Importing Tokunbo Cars From The USA And Canada To Nigeria
STEP 1: Register On Any or All The Car Auction Sites.
Signup and complete the registration process on the car auction sites and provide the required documents as it increases your bidding eligibility.
STEP 2: Search and Select The Car You Want To Buy.
Search on any of the sites for the car you want to buy, both the type and model.
Check the title of the car (salvage, clean, enhanced, etc).
Also check for the vehicle history and VIN (vehicle Identification Number) as this reveals it true state, and other hidden information which may not be listed on the auction site. You can do it yourself or use the service of independent inspectors that would do a very thorough car inspection.
STEP 3: BUYING AND PAYING FOR THE CAR
Having certified that the vehicle meets your basic requirement, you can go ahead and pay for it.
There are two pricing methods on car auction sites:
Outright Buy (Buy it now ): This option lets you buy the car at the fixed price displayed on the site.
Bidding Option: There is no fixed price here. There is a bidding process which the car has to go through where the highest bidder gets to buy the car. The bidding process could be on a predetermined date, you wait for the date and time and make sure you are online at the time to join the bid process.
Winners of car bids are allowed 2-3 business days to pay. Failure to pay within the period attracts daily fine.
PAYING FOR THE CAR: There are two options through which you can pay for vehicles on these auction sites. They are bank wire and debit card option.
You can use you regular ATM debit card but in some cases you will get declined or restricted transaction. The best you can do is get a dollar card through a domiciliary account.
Bank wire transfer is the best preferable option for some users.
Card payment is faster and cheaper.
STEP 4: SHIPPING THE CAR
Once bid is won and paid for, the vehicle buyer is given 7 days to take it off the auction yard.
The car is first taken to the nearest seaport from the auction yard from where it would be cleared through the U.S customs for export to Nigeria.
Some Car Auction websites provides, or suggest a shipping agent for you.
Shipping of cars to Nigeria could be either through Container or RORO Service (Roll On Roll Off).
RORO service is cheaper and faster.
A 40ft container can contain about 5 cars. If you are not buying up to 5 cars you need to wait till you get others to pair with which could lead to delay. Container is also expensive.
You may use the service of uship.com for shipping quotation.
Shipping of cars from U.S.A to Nigeria takes approximately 5-6 weeks to arrive the Tin-Can wharf, Lagos.
STEP 5: CLEARING THE VEHICLE IN NIGERIA
Clearing vehicles in Nigeria through Customs can be personally if you have the time and energy. Alternatively, get a reliable clearing agent to clear the car within 2-3 days.
To clear a vehicle, you need to pay for the following:
- Surface Import Duty (35% of the estimated car value)
- A surcharge, VAT (Value Added Tax), Shipping and Terminal charges and other Miscellaneous charges.
Having followed the step by step procedures above, you should have saved huge amount of money and taken delivery of your dream vehicle from U.S.A or Canada to Nigeria. All stress-free, without leaving the comfort of your home.
Having taken delivery of the vehicle, you can sell it for a high profit margin, drive or gift it, just whatever you want with it.
Information like this can sure get you started importing vehicles from U.S.A and Canada, but you need something more comprehensive that can make you become a PRO Car Importer and be better informed on more advanced tactics to further cut cost while importing your dream vehicles from the U.S or Canada.
The deeper inner circle secrets of the big boys car dealers and importers…
Let me ask …….
Still Remember Shina Saseyi? The guy I earlier told you about in the introduction of this article, that started importing cars since 2011?
Yes! The same guy that imported a clean Ford Edge 2010 model from U.S.A to Nigeria for 2.7 million Naira, saving a whopping #800,000 (Eight Hundred Thousand Naira) in the process.
He also used same freaky tactic to import Lexus ES-350 2008 model for N2,950,000. As against the market value price of 3.5 million Naira.
And having imported over 150 vehicles since 2011 from U.S.A and Canada, he has seen it all, and garnered enough experience in the area of car importation. He has finally broken the silence and has a very sweet deal for you which is bound to take you from ground level to a PRO Car Importer.
Due to popular demand, he has documented the Insiders Secrets to importing cars on a shoestring budget at cheap dirt prices from the US and Canada, and in the process saving over 30% of the actual cost of the same car in Nigeria into a comprehensive blueprint guide which he called “The Cut Cost Car Importation Blueprint”
Inside The Cut Cost Car Importation Blueprint Guide you will be exposed to the following:
A-Z about buying fairly used cars from the US and getting it delivered to you here in Nigeria.
What you should look for when buying cars. E.g. The body of the car, the colour of the car, the price, the mileage etc – You will learn more in this report.
Every mistake that you must avoid when buying a car from America.
You Will Also Discover;
The main auction sites where you can get special car deals in America and how to register with them.
The ONLY 25 states where you should buy your car(s) from in America (if you buy outside of these 25 states, you are on your own).
The 3 types of vehicles you can buy on these auction sites and which ones to avoid.
4 types of bidding that you can use to buy these cars.
How to safely make payments for the car you are buying using ATM card, wire transfer or a cashier cheque.
3 major methods you can use to safely ship the car you bought from America down to Nigeria within 5-6 weeks.
Contact details of the exact shipping company in America that he has been using to ship his cars since 2011.
How you can easily clear the cars you bought from the customs without having to leave the comfort of your house.
How to save at least 15% off the cost of your new car by changing the kind of shipping option you choose.
The single best way ever discovered to buy a car on this website… and… buy it fast!
The single best thing you must do when buying your car to avoid losing money!
A simple way to know if a car’s mileage has been tampered with (most cars with low mileages have been adjusted).
How to overcome the single most difficult aspect of buying a durable efficient car!
5 deadly mistakes most car buyers make when buying their cars and how to avoid them!
How to sell your current car fast and easily for enough money (if you want to do so).
But That Is NOT All…
You Will Also Get the Following Bonuses:
BONUS 1: 7 Car Buying Tutorials:
These 7 helpful videos walk you through:
How to search for any type of car you want
How to buy a car directly without bidding for it
How to buy cars through bidding
How to make payments
How to buy cars at auction by pre-bidding for it
How to ship your cars after buying
BONUS 2: How to Buy Extra Cheap Salvage Cars & Remodel them Into Clean Cars
While a clean car can cost N1.5m in total, a salvage car of the same make can arrive at N1.2m after remodeling, thereby helping you to save some extra money.
BONUS 3: 24/7 Personal Exceptional Support To You.
Whatever walk of life you are from, someone who wants to start car dealership, an employee on a budget trying to save some money and buy a car on a shoestring budget, a middleman that helps friends and family members save cost on car purchase, hoping to buy your dream car in the future….
This Cut Cost Car Importation Blueprint is for you.
With this knowledge, you can even start a business where you charge people money to help them import their cars from America.
If you charge only N200,000 per car and you only do this for 5 people in a year, that will be an extra N1m for you.
What if you decide not to import your own car but rather buy from a car dealership, you also need this cut cost car importation blueprint as it would arm you with enough information on how to save yourself a huge amount in cost and rip off from car dealers. You will get to know beforehand what exactly you are buying, and the cost estimate.
The Cut Cost Car Importation Blueprint will definitely save you cost because it is really worth its weight in gold.