Cost Of Clearing ‘Accidented’ Cars In Nigeria In 2021

Cost of clearing ‘accidented’ cars (accidental cars) in Nigeria is what most car users planning to by accident or salvaged cars look for online as it is fast replacing Tokunbo cars.

As it’s well known that before imported cars will get access to move freely in the country, you must first meet the obligations, which are: clearing duty, customs charges among others.

Brandnewsday notes that accident or salvaged cars are taking positions of Tokunbo cars in Nigeria automobile market because of its striking similarities  — which are the favourable prices compared to tear-rubber cars (New cars).

Imperatively, accidental cars are mostly from the United States of America. These cars, at times, experience minor accidents and are sold at a cheaper rate in online cars auctions.

Although individuals are free to partake in the auction, however, the tedious process will make interested prospects to get in touch with a professional agency in order to make it easier and streamlined.

Cost of Clearing accident cars in Nigeria in 2021

Below is the cost of clearing accident cars in Nigeria in 2021:

In this article, you will know how much Nigerian Custom Service Import duty, custom service car duty, port charges, and clearing agent charges that you will pay before you can clear your car at the Apapa Port or any other port in Nigeria.

In 2014, the Federal Government of Nigeria rolled out a policy (National Economic) for foreign used vehicles, which is also applicable to ‘accidented cars’. 

READ: Federal Government Reveals Why Land Borders Could Be Closed Again

Cost Of Shipping ‘Accidented Cars’ From The USA To Nigeria

• You have to pay an auction fee when you are buying through an Auction abroad
• you pay the shipping cost to the foreign country
• you pay clearing fees and different port charges
• your paying include customs duty, levy, and VAT
• you are charged for the commission, that goes to shipping and clearing agents
• you pay charges to the shipping company at the delivery point
• the costs also may include some miscellaneous expenses

How To Ship ‘Accidented Cars’ By Yourself

• Find a Shipping Broker Online or Offline
• Download their application form called Docket Receipt
• Complete the docket receipt and fax or email it to the shipping broker
• the broker will process and send it back to you in 1-2 days depending on their response timing
• Make 6 copies of the docket receipt and 6 copies of the car title front and back
• take your car and paper-work to the port
• the port staff will give you a receipt confirming that your car was accepted for shipping
• the broker then sends you a bill for the shipping
• Once you make the payment, they will mail your bill of lading to you
• Make a copy of the bill of lading and send the originals immediately to your clearing agent preferable by courier
• Your clearing agent will clear the car from the port
• All this process may take up to 3 months or more

Shipping Any Accident Car Through A Shipping Agent

• Fine a shipping agent in your area
• Complete the Agent’s paper-work form
• Give him the car, Keys and original title
• You may be required to pay the shipping fee immediately or when the ship leaves
• Once the bill is lading is ready, the agent will call you for pick-up
• Make a copy of the bill of lading and send the original copies to your clearing agent
• Your cleaning agents clear the car from the Port
• this whole process may take up to 3 months

Correspondingly, there are no two ways to ship an accidental car into the country, it behoves you that the same procedure for clearing Tokunbo goes with an accident car in Nigeria.

Thus, when your car arrives in Nigeria, you will need to go through the same steps and pay the same clearance price as you would with any Tokunbo vehicle.

Meanwhile, the general price for clearing Tokubo cars is the same as clearing accidental cars. However, the fee is the same for all vehicles imported in Nigeria.

When importing an accident car in Nigeria, you will need to pay a fee of 35% of the cost of the vehicle plus an additional levy of 35%. In total, clearing a car will cost 70% of the car’s price, so you need to juxtapose the pros and cons before going for it. That is, a car which was purchased for N3 000,000 will need N2,100,000 to be cleared.

Interestingly, the Federal Government is implementing plans to decrease the levy paid on imported cars from 35 per cent to just five per cent. This is contained in the draft of the 2020 finance bill to be presented to the national assembly. … A tactic to decrease the importation of smuggling or importing from neighbouring countries. As a result, this will reduce the cost of clearing accidental cars into the country.

Wishing you the best in your next car buying.