The Nigerian used car market is a dynamic and bustling arena where individuals seek reliable and cost-effective transportation solutions. Among the key factors driving this market is the appeal of affordable used cars. In this article on IchieTech, we will explore the best options available for those looking to purchase one of the best-used cars below 8 million Naira in Nigeria.
List of the Best Used Cars Below 8 Million Naira
Here is a list of the top contenders in the Nigerian used car market, all priced between 7 and 8 million Naira, along with their average selling prices. Keep in mind that these prices are approximate, and you may find some of these cars for more or less than the amounts listed.
1. Toyota Camry (2014)
The 2014 Toyota Camry is arguably one of the best-used cars below 8 million naira to buy, It’s reliable and features a 2.5-litre four-cylinder engine that balances power and fuel efficiency, making it suitable for daily commuting or longer trips. The interior is comfortable and spacious, with quality materials and supportive seats. The Camry’s intuitive controls ensure a user-friendly experience. It also comes with a touchscreen display for efficient entertainment and connectivity. Overall, the Camry delivers on engine performance, interior comfort, and infotainment, making it a smart choice for budget-conscious buyers.
| Price | |
| Nigerian Used | ₦5,500,000 |
| Foreign Used (Tokunbo) | ₦7,800,000 |
2. BMW GT 550i (2010)
The 2010 BMW 550i Gran Turismo is a powerful, luxurious car with a powerful 4.4-litre V8 engine, offering a thrilling driving experience. The interior is luxurious, featuring high-quality materials, comfortable seating, and ample space for passengers and cargo. The infotainment system is user-friendly, providing navigation and premium sound quality. The car’s sporty handling and smooth ride make it a standout choice in its class. The 2010 BMW 550i GT is a remarkable choice for those seeking a used car under 8 million Naira in Nigeria.
| Price | |
| Nigerian Used | ₦5,000,000 |
| Foreign Used (Tokunbo) | ₦7,200,000 |
3. Lexus ES350 (2010)
The 2010 Lexus ES350 is a great choice for those looking for a used car under 8 million Naira in Nigeria. It features a 3.5-litre V6 engine, providing smooth and refined performance. The interior is plush and well-crafted, with high-quality materials, comfortable seats, and ample space for passengers and cargo. The infotainment system, though dated, offers solid functionality with user-friendly controls. The Lexus ES350 focuses on delivering a serene and comfortable ride, making it an excellent choice for those valuing luxury and comfort in their used car purchase.
| Price | |
| Nigerian Used | ₦5,530,000 |
| Foreign Used (Tokunbo) | ₦7,550,000 |
4. Toyota Corolla (2014)
The 2014 Toyota Corolla is a reliable used car in Nigeria priced under 8 million Naira. It features a 1.8-litre four-cylinder engine, ensuring fuel efficiency for daily commuting and city driving. The interior is spacious and comfortable, with supportive seats and ample legroom. The Corolla’s infotainment system is user-friendly, featuring a touchscreen display, Bluetooth connectivity, and USB ports. While not as advanced as newer models, it performs well with smooth and predictable handling. The Corolla is a practical and economical choice for those looking for a budget-friendly used car in Nigeria.
| Price | |
| Nigerian Used | ₦5,000,000 |
| Foreign Used (Tokunbo) | ₦7,500,000 |
5. Hyundai Sonata (2015)
For those looking for a reliable used car with a price tag of less than N8 million in Nigeria, the 2015 Sonata is an ideal option. It is equipped with a variety of engine options, including the popular 2.4-litre four-cylinder, which provides a smooth and fuel-efficient driving experience. Inside, the interior is spacious and stylish, with comfortable seats and ample legroom for front and rear passengers, all of which are made of high-quality materials. The infotainment system is also user-friendly, with features such as Bluetooth connectivity and smartphone integration, allowing users to stay connected and entertained throughout their journey. When it comes to performance, the Sonata is a reliable choice for daily commuting and long-distance driving, making it an ideal choice for budget-minded buyers in Nigeria.
| Price | |
| Nigerian Used | ₦4,900,000 |
| Foreign Used (Tokunbo) | ₦7,800,000 |
Also read:
How To Inspect a Foreign or Nigerian Used Car (6 Things to Check )
6. Mercedes Benz E350 (2010)
The 2010 Mercedes-Benz E350 is a luxury car in Nigeria priced under 8 million Naira, offering a smooth, refined performance with a 3.5-liter V6 engine. The interior is upscale and comfortable, featuring high-quality materials, plush seats, and advanced technology. The infotainment system includes a user-friendly interface, navigation, and premium audio quality, providing a luxurious driving experience. The E350 excels in performance with precise handling and a comfortable ride, striking a balance between sportiness and comfort. It is a versatile choice for various driving scenarios, making it a great value for the price in the Nigerian used car market.
| Price | |
| Nigerian Used | ₦4,950,000 |
| Foreign Used (Tokunbo) | ₦7,650,000 |
7. Kia Rio LX (2021)
The 2021 Kia Rio LX is a reliable and affordable used car in Nigeria, priced below 8 million Naira. It features a 1.6-litre four-cylinder engine, providing a good balance of power and fuel efficiency. The interior is spacious and well-designed, with comfortable seats and modern materials. The infotainment system is user-friendly, featuring a touchscreen display with smartphone integration features like Apple CarPlay and Android Auto. The Rio LX offers nimble handling, making it agile in tight city streets while maintaining a comfortable ride. Overall, the 2021 Kia Rio LX is a solid and budget-friendly choice for those seeking an economical and practical used car in Nigeria.
| Price | |
| Nigerian Used | ₦4,500,000 |
| Foreign Used (Tokunbo) | ₦7,200,000 |
8. Honda Accord EX (2015)
The 2015 Honda Accord EX is a reliable used car in Nigeria, priced under 8 million Naira. It features a 2.4-litre four-cylinder engine that combines power and efficiency, making it ideal for daily commutes and long journeys. The interior is spacious and well-designed, with comfortable seats and Honda’s reputation for durability and reliability. The infotainment system includes a touchscreen interface and Bluetooth connectivity for connectivity. The Accord EX strikes a balance between comfort and handling, offering a composed ride and confident cornering, making it an excellent choice for budget-conscious buyers in Nigeria.
| Price | |
| Nigerian Used | ₦4,700,000 |
| Foreign Used (Tokunbo) | ₦7,900,000 |
9. Nissan Altima (2015)
The 2015 Nissan Altima is a budget-friendly used car in Nigeria, offering a 2.5-litre four-cylinder engine that balances power and economy. Its interior is comfortable and well-designed, with supportive seats and ample space for both front and rear passengers. The Altima comes with a user-friendly touchscreen system and Bluetooth connectivity, making it a practical choice for everyday driving. The car’s performance focuses on delivering a comfortable and composed ride, making it a practical choice for everyday driving. Overall, the 2015 Nissan Altima is a reliable and economical choice for those looking for a sensible and economical used car in Nigeria.
| Price | |
| Nigerian Used | ₦3,900,000 |
| Foreign Used (Tokunbo) | ₦6,500,000 |
The price of cars in Nigeria can vary significantly based on a multitude of factors, including dealerships, import duties, and the current exchange rates.
Conclusion
Buying one of the best-used Cars Below 8 Million Naira in Nigeria is a viable option, provided you do your research and follow sound purchasing practices. Remember that budget allocation, maintenance costs, and resale value should all play a role in your decision. The Toyota Camry, Hyundai Sonata, Toyota Corolla and Lexus ES350 are excellent choices in this price range, each with its unique combination of features and dependability. Ultimately, a successful purchase involves careful consideration and thorough assessment, ensuring you get the best value for your money in Nigeria’s bustling used car market.
