Commercial Vehicles for Sale in Nigeria
Passenger and cargo are transported daily from one point to the other in Nigeria; hence the utilisation of commercial vehicles in Nigeria is quite popular. Commercial vehicles are referred to as vehicles that are used to carry goods and passengers who pay fares from a starting location to an end location, and they come in various shapes and sizes. In Nigeria, the use of commercial vehicles cannot be overestimated, as the facilities available to convey people and goods easily and faster such as a railway system and waterways are close to non – existent. With new governmental schemes, the commercial vehicle market in Nigeria is emerging as one of the fastest growing markets currently in Africa, also having a number of vehicles locally assembled making the price cheaper and also being a source of employment for the local people. Many states in Nigeria would not survive without the presence of commercial vehicles; Lagos state for instance has the highest number of Volkswagen Transporter vans (also known as Danfos) in the country, as they are the most popular means of people transportation in the state. Also, the fast growing consumable goods sector would be close to non – existent, if they did not have trucks in the country to carry their goods from point of manufacture to point of sale.
What types of Commercial Vehicles do we have in Nigeria
- Brand New Commercial Vehicles: There are quite a number of Nigerian automobile dealerships who are accredited distributors of brand new commercial vehicles in the country. These includes; Lanre Shittu, Toyota Nigeria, Perfection Motors TATA Motors, Dieu Motors and many more. We also have vehicle dealers such as Perfection Motors, Dieu Motors and Kxta Motors who import brand new commercial vehicles and put them up for sale in the county. The recent introduction of the National Automotive Policy in Nigeria has also made it possible for vehicle manufacturers not to only assemble vehicles locally, but also manufacture them from scratch. A good example will be Innoson Motors, Stallion Group and a few other companies which are in the business of either assembling or building commercial vehicles from scratch.
- Tokunbo (Foreign Used) Commercial Vehicles: You would rarely find accredited distributors who import used vehicles, as this is left for vehicle dealers who in some cases specialise in the importation of these foreign used commercial vehicles, or have other types of vehicles available in their car lots. The market for foreign used commercial vehicles is high, as a lot of people would rather purchase a foreign used commercial vehicle for 70% the price it would cost to purchase a brand new one. Also, these foreign used vehicles in most cases are almost as good as brand new vehicles because they come in from countries which have very good maintenance cultures and impressive road conditions. These commercial vehicles usually are imported from North American and European countries.
- Nigeria Used (Nig Used) Commercial Vehicles: Nigerian used commercial vehicles are available in a great number, and many people in the transportation business patronise them. For buses and vans, the very popular “Danfo” buses are the most widely available, and for people interested in starting or new in the transport business, these Nigerian used commercial vehicles are mostly recommended since they come at a very cheap price.
How is the Commercial Vehicle market in Nigeria
The vehicles which sell the most in Nigeria are cars for personal use, such as sedan vehicles, crossover utility vehicles and sports utility vehicles. It will be a bit of surprise that commercial vehicles currently sell almost at the same rate as personal use vehicles in Nigeria and this is as a result of what they are used for. The market for commercial vehicles is quite a lucrative and busy one, since vehicle sales keeps increasing each day. Also, with the support of the federal government on the production of locally made commercial vehicles through the National Automotive Policy, it is going to expand to other African markets. Also, another benefit from the National Automotive Policy will be reducing vehicle prices in general.
What are the Popular Commercial Vehicles in Nigeria
One of the most popular commercial vehicles in Nigeria is the Toyota Hiace, which is both a passenger and cargo conveyer. Another one would be the Volkswagen Transporter, which is quite common in the transportation sector in Lagos state. For much larger cargo, you would be looking at purchasing a Mack C 50, Man Truck, Mercedes Benz Truck and Iveco Eurostar. All these commercial vehicle trucks are manufactured abroad. The Nigerian manufactured vehicles are also gaining momentum in the Nigerian market, and a good number of them are used in the commercial transportation business. One of such vehicle brands is the Innoson Motors brand, and quite a number of Innoson IVM 6600 series buses could be seen in many major Nigerian cities. A few commercial vehicles manufactured in Nigeria are also popular from brand names such as Kia, Hyundai and Nissan.
What is the Price of Used Commercial Vehicles in Nigeria
Different prices are attached to different commercial vehicles in Nigeria. Because there are quite a number of variants for commercial vehicles, the price range of commercial vehicles in Nigeria can be as low as N250,000 to as high as N25,000,000 or even higher. Buying brand new passenger commercial vehicles like buses and vans is likely to cost between N4,000,000 – N12,000,000. While larger vehicles such as trucks, trailers and etc would normally cost at least N12,000,000 to about N35,000,000. Average price range of a commercial passenger vehicle (12 seater bus – 70 seater bus) could be as low as N1,500,000 and would cost as much as N10,000,000 while cargo trucks and machinery have a starting price of N7,000,000 and would have prices as high as N20,000,000. |n the case of Nigerian used commercial vehicles, across the different vehicle types, due to vehicle condition and year of manufacture, vehicle prices are found as low as N150,000 to about N10,000,000 maximum. Below are listings of used bus and trucks listings from dealers in many Nigerian regions;