FAQ: How Much Does It Cost To Clear A Car In Nigeria?

How much does it cost to clear a car in Nigeria 2021?

The most current finding on the cost of clearing cars in Nigeria includes import duty tariff. When acquiring a vehicle to Nigeria, you need to pay 35% of the vehicle cost as a commitment notwithstanding a 35% charges. Hence, the cost of clearing a vehicle is 70% of the cost of the vehicle.

How much is car custom duty in Nigeria?

The Nigerian Customs receive duty for the importation of cars, these duties vary by the size, capacity, and the year of manufacture of the car. Used vehicles will pay 35% duty while newer cars from 2016 will attract a levy charge of 35%, duty 35% which totals 70%.

How long does it take to clear a car in Nigeria?

It takes two to three days to clear Car out of Nigeria sea ports.

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How do I clear imported cars in Nigeria?

How to clear vehicles through Nigeria customs

  1. Request for the car’s bill of lading.
  2. Send an application for import duty valuation.
  3. Update and register the valuation into custom database.
  4. Import duty payment.
  5. Physical inspection and custom release.
  6. Printing of exit from the shipping company.

How much is customs clearance?

Customs Clearance Fee Tips The standard rate for Customs Clearance is around $50 for clearance with China’s Customs and $100-$120 for clearance with CBP. It cannot be anticipated on the freight quote, but CBP may (at their discretion) conduct an examination, accruing costs for you (refer ISF Filing, above).

What is the latest car in Nigeria 2021?

3 Latest Cars In Nigeria – 2021

  • 2020 Toyota Rav 4. Find out more about the 2020 Toyota Rav 4 including spec and interior design here.
  • 2018 Toyota Camry SE. Find out more about the 2018 Toyota Camry SE including spec and interior design here.
  • Mercedes-Benz Gls-class 2020.

How is Nigeria Customs duty calculated?

To calculate Customs Duty, all charges are summed up including VAT thus, ID + Surcharge + CISS + ETLS + VAT = Customs Duty. The custom duty and other applicable taxes and levies in favour of the Federal Government of Nigeria is N417,105.26‬ payable by Mr Sodiq Adeleke for the imported item.

How is custom duty calculated on a car?

Furthermore, here comes the breakdown.

  1. Find the Dollar value of your car.
  2. Multiply it by the current exchange rate used by the customs (₦381).
  3. Then, multiply it by the percentage of duty to be paid (35%).
  4. Multiply the total of Surface duty by 138.
  5. Add it up with shipping and terminal charges.
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What year of car can be shipped to Nigeria?

Also, please note that only vehicles 15 years old or newer will be allowed into Nigeria.

How much is Corolla S 2010 in Nigeria?

Toyota Corolla 2010 Price in Nigeria

S /N Model Nigerian -used price
1 2010 Toyota Corolla price in Nigeria ₦2,000,000 – ₦3,700,000

How much does it cost to clear a Toyota Corolla 2010 in Nigeria?

This means a car worth 2 million Naira will be cleared with 1.4 million Naira. Latest Cost of Clearing Cars in Nigeria Today: Official Price List (Updated, June 2021)

Car model Cost in Naira
Toyota Corolla 2006 N600,000
Toyota Highlander N450,000
Toyota Sienna 2004 N350,000
Toyota Venza 2010 N1,100,000

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How can I clear my products in Nigeria?

To receive clearance for goods imported into Nigeria, traders must present a Bill of Lading, Commercial Invoice Exit Note, duly completed Form ‘M’, Packing list, Single Goods Declaration, and a Product Certificate.

How much does it cost to clear a 2020 car in Nigeria?

The newest clearing fee consists of two smaller fees. When importing a car to Nigeria, you need to pay 35% of the car cost as a duty plus a 35% levy. As a result, the cost of clearing a car in 2020 is 70% of the cost of the car, which can definitely take a toll on your buying budget.

How much is import duty in Nigeria?

Nigeria – Customs and duties The import duty varies from 5% to 60%, averaging 12%. All imports are also subject to a 7% port surcharge and a 5% value-added tax (VAT). The paperwork necessary for exporting and importing is lengthy.

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How much does it cost to import a car to Nigeria?

The price to ship a car to Nigeria ranges from $970 to $1650 for sedans an regular sized SUVs. Cars /Vans/Pickups older than 15 years cannot enter. While we can pick up your car in the US and take it to the shipping port, you can save money by taking it yourself.

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