In this post, we’ll discuss the top 20 best car dealers in Nigeria, analyze their current market price ranges, review why certain cities like Lagos and Abuja have higher costs, and offer practical buying tips that can save you millions.
Best Car Dealers in Nigeria
Below are the most trusted new car dealers dominating Nigeria’s 2025-2026 market.
1. Coscharis Motors
Locations: Lagos, Abuja, Port Harcourt, Kano, Ibadan
Specialty: Luxury & mass-market vehicles (Rolls-Royce, BMW, Ford)
Average Price Range (₦):
- BMW X5 (2023): ₦85m – ₦120m
- Ford Explorer (2024): ₦55m – ₦70m
- BMW 3 Series (2023): ₦60m – ₦75m
Market Analysis:
Coscharis Motors is widely seen as the gold standard for premium vehicles in Nigeria.
Its pricing reflects global inflation and dollar exchange rates, but the dealership maintains consistent after-sales service, a major reason customers keep coming back.
Coscharis offers installment plans for high-end buyers, and its Ford lineup remains one of the most competitively priced among official dealerships in Nigeria.
Expert Note:
“Coscharis sells status as much as steel, you’re not just buying a car, you’re buying reputation.”
2. Globe Motors
Locations: Lagos, Port Harcourt, Abuja
Specialty: Toyota, Honda, Hyundai, Mercedes-Benz
Average Price Range (₦):
- Toyota Camry (2023): ₦22m – ₦28m
- Hyundai Tucson (2023): ₦20m – ₦25m
- Mercedes C-Class (2023): ₦45m – ₦58m
Why Prices Are Steady:
Globe Motors focuses on fleet sales and corporate buyers, meaning prices stay more stable due to bulk import arrangements and consistent supply.
They also have transparent warranty systems, which reduce the risk of hidden maintenance costs for buyers.
3. Elizade Motors
Locations: Lagos, Abuja, Port Harcourt, Akure
Specialty: Toyota and JAC Motors
Average Price Range (₦):
- Toyota Corolla (2023): ₦17m – ₦22m
- Toyota Hilux (2024): ₦28m – ₦38m
- JAC JS4 SUV (2023): ₦16m – ₦19m
Insight:
Elizade’s success comes from deep brand loyalty. They’ve been servicing Toyota vehicles for over 40 years, which translates into resale confidence and trust.
Their prices are slightly lower than Coscharis or Globe for the same models because of direct import networks and long-term partnerships with Toyota.
Customer Review Summary:
4.2★ Google rating; praised for efficient service, knowledgeable staff, and transparent quotations.
4. Stallion Motors
Locations: Nationwide
Specialty: Audi, Nissan, Hyundai, Porsche
Average Price Range (₦):
- Nissan Patrol (2023): ₦45m – ₦60m
- Hyundai Sonata (2023): ₦23m – ₦28m
- Audi Q5 (2023): ₦65m – ₦80m
Market Context:
With over 50 years in Nigeria, Stallion Motors operates one of the country’s largest auto distribution networks.
They also locally assemble certain models, helping to stabilize prices despite forex volatility.
Expert Take:
“When other dealers raise prices, Stallion adjusts production, that’s how they stay in business.”
5. Briscoe Ford
Location: Lagos
Specialty: Ford, Toyota
Average Price Range (₦):
- Ford Ranger (2023): ₦35m – ₦48m
- Ford Escape (2023): ₦28m – ₦35m
- Toyota Corolla (2022): ₦18m – ₦22m
Why Buyers Trust Briscoe:
They’ve been around for over 60 years and are respected for fleet sales and institutional clients.
Their workshop facilities and vocational training programs make after-sales service more accessible than many competitors.
6. Mandilas Motors
Locations: Lagos, Abuja
Specialty: Toyota, commercial trucks (Foton, MAN, Mitsubishi)
Average Price Range (₦):
- Toyota Hiace (2023): ₦25m – ₦33m
- MAN Truck (2023): ₦75m – ₦110m
- Foton Tunland Pickup: ₦28m – ₦34m
Why It Matters:
Mandilas serves both private and corporate customers, especially logistics and fleet firms.
They’re one of the few dealers balancing personal car sales and heavy-duty vehicle supply, which gives them flexibility with pricing.
7. Germaine Auto Centre
Location: Lagos
Specialty: Porsche, Jaguar, Hyundai
Average Price Range (₦):
- Jaguar XE (2023): ₦60m – ₦75m
- Hyundai Tucson (2023): ₦20m – ₦24m
- Porsche Cayenne (2023): ₦95m – ₦120m
Market Insight:
Germaine is known for high-end customer service.
While their prices lean premium, customers often cite the peace of mind that comes from verified mileage and factory maintenance records.
8. CFAO Motors (PAN Nigeria)
Locations: Nationwide
Specialty: Mitsubishi, Suzuki, Peugeot
Average Price Range (₦):
- Mitsubishi Outlander (2023): ₦30m – ₦36m
- Peugeot 3008 (2023): ₦25m – ₦31m
- Suzuki Swift (2023): ₦13m – ₦16m
Overview:
CFAO has over a century of operations in Nigeria, offering diverse brands with structured warranties.
Their nationwide presence helps equalize prices, especially for government and corporate contracts.
9. Lanre Shittu Motors
Location: Lagos
Specialty: Nissan, KIA, Mack Trucks
Average Price Range (₦):
- Nissan Altima (2023): ₦18m – ₦23m
- Kia Sportage (2023): ₦22m – ₦26m
- Mack Truck (2023): ₦80m – ₦120m
Unique Selling Point:
They’re the sole franchise holder for Mack Trucks in Nigeria, giving them leverage in the commercial vehicle segment.
For mid-income private buyers, their Kia lineup remains among the most affordable new car options in 2025-2026.
10. Kia Motors Nigeria
Location: Lagos
Specialty: Kia Rio, Picanto, Sportage
Average Price Range (₦):
- Kia Rio (2023): ₦13m – ₦16m
- Kia Picanto (2023): ₦10m – ₦13m
- Kia Sportage (2023): ₦22m – ₦27m
Observation:
Kia continues to dominate the budget-friendly new car market, thanks to fuel economy and affordability.
Most buyers in the middle-income bracket lean toward this brand when shifting from used cars to new models.
Read on the best Car dealers in Abuja
Price of Used (Tokunbo) Cars in Nigeria (2025-2026)
Used cars are still the backbone of Nigeria’s auto industry, accounting for nearly 80% of all vehicle sales.
Tokunbo prices have risen by an average of 15% in 2025-2026, reflecting global shipping costs and import restrictions.
Below are the top-rated used car dealerships and their market analysis.
11. Affordable Cars Ltd
Location: Lagos (Ikeja, Lekki)
Specialty: Used (Tokunbo) vehicles
Average Price Range (₦):
- Toyota Corolla (2018–2021): ₦7m – ₦10m
- Lexus RX350 (2016–2019): ₦10m – ₦14m
- Mercedes-Benz C300 (2017–2020): ₦13m – ₦18m
Market Note:
Affordable Cars is a household name among first-time buyers.
They’re transparent with car history and financing, two things that make or break used car purchases.
Their inventory caters to both private users and small business owners.
12. Metropolitan Motors Ltd
Location: Lagos (Ikeja)
Specialty: Toyota & fleet services
Average Price Range (₦):
- Toyota Camry (2018–2021): ₦8m – ₦11m
- Toyota Hilux (2016–2019): ₦13m – ₦18m
- Toyota Highlander (2017–2020): ₦11m – ₦16m
Overview:
Metropolitan’s strength lies in Toyota expertise, they deal only in certified models with genuine parts.
Many corporate fleet buyers trust them because of their maintenance network and fast processing.
13. Skymit Motors Ltd
Location: Lagos (Ikeja, VI)
Specialty: Luxury & mid-range used vehicles
Average Price Range (₦):
- Range Rover Sport (2018–2020): ₦45m – ₦60m
- Lexus GX460 (2017–2020): ₦25m – ₦35m
- Toyota Avalon (2019–2022): ₦13m – ₦17m
Customer Rating:
4.5★ Google (51 reviews). Praised for transparency and flexible financing.
Skymit targets middle- to upper-class buyers seeking high-end used cars without dealership markups seen in luxury-exclusive stores.
14. Kefiano Motors
Location: Abuja (CBD)
Specialty: Luxury, SUVs, buses, and commercial vehicles
Average Price Range (₦):
- Toyota Prado (2018–2021): ₦22m – ₦30m
- Mercedes GLE (2019–2022): ₦50m – ₦65m
- Toyota Hiace Bus (2018–2020): ₦16m – ₦20m
Reputation:
Kefiano is Abuja’s go-to for premium and business vehicles.
Their flexible financing and trade-in offers make them especially appealing to civil servants and transport firms.
If you are in Lagos, check out the Best Car Dealers in Lagos.
QUICK PRICE OVERVIEW
Table: Car Price List in Nigeria (2025-2026)
| Category | Average Price Range (₦) | Common Brands | Last Updated |
| New Compact Cars | ₦12,000,000 – ₦25,000,000 | Toyota, Honda, Hyundai | 2025-2026 |
| Used (Tokunbo) Compact Cars | ₦4,000,000 – ₦10,000,000 | Toyota, Kia, Nissan | 2025-2026 |
| Luxury Cars | ₦45,000,000 – ₦150,000,000 | Mercedes-Benz, BMW, Range Rover | 2025-2026 |
| SUVs (Mid-Range) | ₦18,000,000 – ₦45,000,000 | Toyota, Lexus, Nissan | 2025-2026 |
| Pickup Trucks | ₦25,000,000 – ₦60,000,000 | Ford, Mitsubishi, Isuzu | 2025-2026 |
COST OF CARS IN NIGERIA (MARKET ANALYSIS)
The cost of cars in Nigeria in 2025-2026 reflects one of the most volatile markets in Africa.
On average, car prices have risen by 12% – 18% compared to 2024, mainly due to the continuous depreciation of the naira, rising import tariffs, and logistics costs from seaports to inland cities.
For context:
- A brand-new Toyota Camry that sold for around ₦19 million in 2024 now averages ₦23 – ₦26 million in 2025-2026.
- A used Lexus RX350 (Tokunbo) previously priced at ₦10.5 million now goes for ₦12 – ₦15 million, depending on condition and mileage.
Cities like Lagos remain the dominant auto hub because of port proximity and dealer networks, while Abuja tends to have slightly higher prices due to transport markups and showroom premiums.
In contrast, Port Harcourt attracts buyers looking for fairly cheaper used cars imported through local ports and neighboring states.
Why Prices Differ Across Brands and Cities
Car pricing in Nigeria isn’t uniform.
- Exchange rate shifts drive up costs for imported vehicles.
- Dealer markups vary depending on city demand and stock rotation speed.
- Fuel prices and transportation costs add between ₦200,000 – ₦500,000 to final prices in northern regions.
- And vehicle type, luxury vs economy, defines not only purchase cost but also spare parts availability.
For instance, a Hyundai Elantra may cost ₦11.8 million in Lagos but ₦13 million in Abuja, largely because most official distributors are based in Lagos.
Lagos vs Abuja vs Port Harcourt: Average Market Prices (2025-2026)
| Vehicle Type | Lagos Price (₦) | Abuja Price (₦) | Port Harcourt Price (₦) |
| Toyota Corolla (2020–2023) | ₦12.5m – ₦14.5m | ₦13.5m – ₦15.5m | ₦12m – ₦14m |
| Lexus RX350 (2018–2022) | ₦15m – ₦18m | ₦16m – ₦19m | ₦14.5m – ₦17m |
| Mercedes-Benz GLE (2020–2023) | ₦55m – ₦70m | ₦58m – ₦73m | ₦53m – ₦68m |
| Ford Ranger Pickup (2021–2023) | ₦35m – ₦48m | ₦38m – ₦52m | ₦33m – ₦46m |
| Honda Accord (2019–2022) | ₦13m – ₦16m | ₦14.5m – ₦17m | ₦12.5m – ₦15.5m |
Quick Insight:
“The Nigerian car market doesn’t move with logic, it moves with currency. When the dollar sneezes, every dealer adjusts their price list overnight.”
This is the reality of 2025-2026’s market, where auto prices are now directly tied to forex trends and import duty adjustments.
The savviest buyers monitor the market like investors, waiting for price dips before purchase.
Factors Influencing Car Price Changes (2025-2026)
1. Exchange Rate Impact
If you’ve been in Nigeria long enough, you already know, the dollar controls the car market.
In 2025-2026, the naira’s exchange rate has swung between ₦1,300 and ₦1,550 per dollar, pushing vehicle import costs to record highs.
Every ₦100 increase in the exchange rate adds roughly ₦300,000 – ₦500,000 to the retail cost of imported cars.
Example:
A car that landed in 2024 at ₦10 million could easily cost ₦11.5 million in 2025-2026, even if the model hasn’t changed.
Dealers like Globe Motors and CFAO Motors adjust prices monthly to reflect these fluctuations, while budget dealers delay price updates to attract quick buyers.
“In Nigeria’s car market, forex is not a number, it’s a heartbeat. When it skips, every dealer feels it.”
2. Import Duties and Tariffs
Import tariffs are another silent killer.
With port levies rising between 35% – 70% on imported vehicles, most car dealers have no choice but to pass that cost to buyers.
Luxury models face even higher rates, while locally assembled vehicles, like those under Stallion Motors or PAN Nigeria (Peugeot), enjoy modest relief.
This explains why some mid-range sedans are still somewhat affordable compared to imported luxury SUVs.
In short:
- Imported cars = high initial price, faster resale
- Locally assembled = moderate price, slightly lower prestige
3. Regional Price Differences
Nigeria’s geography directly affects car pricing.
Let’s look at the three major markets:
- Lagos: Prices are generally 5–10% lower due to direct port access and competition.
- Abuja: Prices are 10–15% higher, mainly due to logistics costs and showroom rent premiums.
- Port Harcourt: Prices vary widely, but used cars are more affordable because of flexible import channels and lower dealer overhead.
| City | Price Trend | Market Type | Notes |
| Lagos | Cheapest for imports | High competition | Dealers clustered around Apapa, Victoria Island |
| Abuja | Highest average price | Luxury-focused | Political buyers and executives dominate |
| Port Harcourt | Moderate to low | Used car focus | Strong market for mid-range vehicles |
4. Material Type and Build Quality
The build quality of a car significantly influences its market price.
- Japanese brands (Toyota, Honda, Nissan) are known for durability and low maintenance, making them the most in-demand.
- German brands (Mercedes, BMW, Audi) hold prestige but cost more to maintain due to expensive parts.
- Korean brands (Kia, Hyundai) are cheaper upfront, but their resale value is moderate.
This balance of durability vs. cost is one of the biggest determinants of resale prices.
“In Nigeria, the true cost of a car isn’t what you pay, it’s what you spend to keep it running.”
5. Transportation & Logistics Costs
Getting a car from Apapa Wharf to Abuja can cost between ₦400,000 – ₦800,000, depending on size, security escorts, and route inflation.
Fuel price fluctuations also impact dealer margins, particularly in northern regions where distribution costs are higher.
Many buyers underestimate these hidden charges.
By the time a car is cleared, transported, and registered, the final cost can rise by 20% above the “dealer price.”
6. Seasonal Demand and Market Timing
Nigeria’s car market is seasonal.
- December – February sees the highest demand, fueled by festive sales and business bonuses.
- March – May often brings slight discounts as dealers push unsold inventory.
- Mid-year (June–September) witnesses price hikes again due to shipping backlogs and import delays from foreign ports.
Pro tip:
If you’re planning a purchase, target the early-year discount window (March–April), it’s when dealers are most flexible with pricing.
Buying Tips & Consumer Advice (2025-2026)
Buying a car in Nigeria in 2025-2026 requires both patience and precision.
Here’s how to make smart choices that protect your investment.
1. Verify Authenticity Before Payment
Always confirm the VIN (Vehicle Identification Number) and ensure it matches both the car body and the registration papers.
Fake VIN swaps are common among unauthorized resellers.
Stick with reputable dealers like Coscharis, Elizade, or Affordable Cars, they provide verified histories and certified inspection reports.
2. Avoid “Too Good to Be True” Prices
If a car’s price looks suspiciously lower than the market average, there’s a reason.
Either it’s flood-damaged, odometer-tampered, or facing customs issues.
The average Tokunbo Toyota Corolla (2018–2021) shouldn’t be below ₦6.5 million anywhere in Nigeria.
Anything below that deserves a second look.
3. Check for Warranty and After-Sales Service
Even for used cars, many dealers offer limited warranty (typically 3–6 months).
Always ask for documentation of this before finalizing payment.
Authorized dealers like CFAO Motors and Globe Motors include maintenance packages, a huge advantage over grey-market imports.
4. Inspect Before Import
If you’re importing from the US or Dubai, use platforms that offer pre-shipment inspection.
A ₦50,000 inspection can save you millions in unexpected repairs.
For local purchases, insist on third-party mechanical inspection before payment, especially for high-value models like Lexus RX, Mercedes-Benz, or SUVs.
5. Budget for Registration and Insurance
After paying for the car, don’t forget documentation, customs, plate numbers, and insurance, which can add another ₦200,000 – ₦500,000.
Failure to account for this often leads to budget shocks post-purchase.
6. Look for Financing Options
In 2025-2026, more dealers now offer auto-financing, allowing buyers to spread payments over 6–18 months.
This option is available through Autochek, BuyCars.ng, and a few physical showrooms like Coscharis and Kefiano Motors.
“The smartest buyers don’t rush full payment, they let their income catch up to their dreams.”
FAQs: Best Car Dealers in Nigeria
1. How much is a car in Nigeria today (2025-2026-2026)?
As of 2025-2026, the average price of a new car in Nigeria ranges between ₦15 million – ₦60 million, depending on the brand and model.
For used (Tokunbo) cars, the range is ₦4 million – ₦18 million.
Prices are affected by exchange rate changes, import tariffs, and city location.
Lagos remains the cheapest buying hub, while Abuja tends to be the most expensive.
Quick Example:
- Toyota Corolla (used 2018–2021): ₦7m – ₦10m
- Toyota Hilux (new 2024): ₦28m – ₦38m
- Lexus RX350 (used 2019–2022): ₦12m – ₦15m
2. Why did car prices increase in Nigeria in 2025-2026?
Car prices rose in 2025-2026 primarily due to:
- Naira depreciation (₦1,500/$1 range).
- Higher port tariffs and customs duties (up to 70%).
- Increased logistics costs and fuel prices.
- Limited vehicle assembly output due to power and policy challenges.
Even with these challenges, the Nigerian car market continues to grow as urbanization and ride-hailing demand push more buyers into the market.
3. Which car brands are most reliable in Nigeria (2025-2026)?
The most reliable and cost-efficient car brands in Nigeria remain:
- Toyota – unmatched durability and resale value.
- Honda – fuel-efficient, smooth, and long-lasting.
- Lexus – luxury with durability.
- Kia – budget-friendly and easy to maintain.
- Mercedes-Benz – for buyers seeking prestige and comfort.
Pro Insight:
“In Nigeria, reliability is not about the badge, it’s about the cost of keeping that badge alive.”
4. Where can I buy original cars in Nigeria (2025-2026)?
You can buy verified new and used cars from authorized dealers like:
- Coscharis Motors
- Globe Motors
- Elizade Motors
- CFAO Motors
- Affordable Cars Ltd
- Stallion Motors
For online options, trusted platforms include:
- BuyCars.ng
- Autochek (Cheki)
- Carmudi Nigeria
Always confirm dealer authenticity through Corporate Affairs Commission (CAC) registration and insist on an official receipt before payment.
5. Do car dealers in Nigeria offer financing or installment plans?
Yes, most leading car dealers in 2025-2026 now offer auto-financing and lease plans, especially for verified salaried workers and corporate buyers.
Platforms like Autochek and BuyCars.ng offer flexible payment windows of 6 to 18 months with moderate interest rates.
Dealers like Coscharis Motors and Kefiano Motors also partner with local banks to provide structured loan packages for both new and used cars.
6. Which city in Nigeria has the cheapest car prices in 2025-2026?
Lagos remains the cheapest city to buy both new and used cars because it’s Nigeria’s import hub and home to most major showrooms.
Cars in Lagos are typically 5–10% cheaper than in Abuja and about 3–5% cheaper than in Port Harcourt due to lower logistics costs.
However, Port Harcourt sometimes offers better deals on used cars imported through alternative ports and cross-state channels.
Conclusion
In summary, the average price of cars in Nigeria (2025-2026) ranges from ₦4 million to ₦60 million, depending on the brand, model, and whether it’s new or used.
- New cars: ₦15m – ₦60m
- Used (Tokunbo): ₦4m – ₦18m
- Luxury models: ₦45m – ₦150m
The most trusted dealers remain: Coscharis Motors, Globe Motors, Elizade Motors, Stallion Motors, CFAO Motors, and Affordable Cars Ltd.
For online convenience, Autochek, Carmudi, and BuyCars.ng dominate the e-market space.
The 2025-2026 market shows that while prices are climbing, transparency, warranty, and after-sales service now matter more than ever.
Buyers have become smarter, choosing long-term value over impulse purchases.
“Don’t just buy a car, buy peace of mind. A cheaper mistake today can become an expensive lesson tomorrow.”