Top 10 Cheapest Cars in Nigeria and Their Prices (2023)

Car prices are still going up, making it challenging for most Nigerians to afford even used vehicles. While there are many recent models of used vehicles that cost an arm and a leg, there are still those older model vehicles that will perfectly suit car buyers who are on a tight budget.

If you are in the market for a cheap car that still has great performance, then you will want to check out these top 10 vehicles we have highlighted. These vehicles are not only affordable for the average Nigerian but can also navigate Nigerian roads efficiently.

1. Volkswagen Golf 3 (N1 – N1.5 Million)

The Volkswagen Golf series used to be one of the most popular cars in Nigeria, used by members of the upper class in the 1990s, and over the years, it is still a tested and trusted brand. The average price of a suitable used Volkswagen Golf 3 in Nigeria ranges from N1 million upwards. 

It all depends on the model year you’re interested in. Volkswagen Golf is one of the cheapest cars to make its way into Nigeria. The brand is most famous for its durability, affordability, and capability to go through long journeys. 

The Volkswagen Golf 3 is equipped with a standard 2.0 L 4-cylinder 115 hp engine and an option for a 1.8 L 180 hp turbocharged engine offered for the GTI 337 and the GTI 1.8T trim levels. The vehicle also comes with either a 5-speed manual or a 4-speed automatic transmission.

2. 2001 Toyota Sienna (N1.3 Million – N2 Million)

In the list of cheapest cars to buy in Nigeria today, there’s still something for even families looking for affordable vehicles: the 2001 Toyota Sienna, which has a price range between N1.3 million to N2 million.

The Toyota Sienna is the perfect minivan that provides passengers comfort and security. It is an excellent choice for a large family as a family car. Although it does not have a sleek look, it will transport its owners to and fro for a very long time.

The 2001 Toyota Sienna comes equipped with a 3.0-liter V6 engine that has 210 horsepower and mated to a 4-speed automatic transmission.

3. 2004 Hyundai Sonata (N1 – N1.4 Million)

Of all the Hyundai car models that made it to the Nigerian auto market, Sonata remains one of the most popular. This midsize car can be categorized with the likes of Toyota Camry cars and Honda Accord cars of the same model year. 

The prices of a 2004 Nigerian-used Hyundai Sonata range from N1,000,000 to N1,400,000. You can even push the limits a little and get a 2005 Hyundai Sonata at the same price range. 

The 2004 Hyundai Sonata comes equipped with a 2.4-liter four-cylinder engine that produces 138 horsepower and mated to a shiftronic 4-speed automatic transmission.

4. 2004 Kia Forte (N1.5 – 2 Million)

The Kia Forte is another very affordable vehicle to go after if you are on a tight budget. This sedan vehicle by Kia is popularly driven in Nigeria and is the perfect car for first-time car owners in Nigeria who want a cheap vehicle that still offers good performance on Nigerian roads. The price range of the 2004 Kia Forte is N1.5 to N2 million. Interestingly, you could even get the 2005 model of this vehicle for this same price.

The 2004 Kia Forte uses either the 1.8-litre four-cylinder engine or the 2.0-litre four-cylinder engine that produces 124 and 138 horsepower respectively and mated to a 5-speed automatic transmission.

5. 2002 Nissan Xterra (N1.5 – N2 Million)

Looking for an affordable SUV? Then the 2002 Nissan Xterra should be your next bet. While the Nissan Xterra is an old model vehicle, it is still a presentable vehicle in Nigeria. The SUV is known for going on long-distance journeys and riding on Nigerian roads without fear.

The current market price of the 2002 Nissan Xterra ranges from N2 million upwards. It might be rare to find a Tokunbo-used version of it. However, some Nigerian-used versions of the Nissan Xterra, still in good shape, will serve owners well.

The 2002 Nissan Xterra uses a 3.3-litre V6 engine that produces 170 horsepower and mated to a 4-speed automatic transmission.

6. 2002 Toyota Camry (N2 – N2.5 Million)

The Toyota Camry brand is one of the most popular cars on the streets of Nigeria. It has even been given many nicknames because of its popularity, easy maintenance, and fuel economy. It is also a comfortable car with in-built safety features, brakes, tires, and engines. In Nigeria, depending on the model, you can get a used, durable, and efficient Toyota Corolla for one million naira or below.

The 2002 Toyota Camry prices in Nigeria range from N2 to N2.5 Million. The 2002 Toyota Camry models are still presentable vehicles driven in Nigeria today, and the higher trim levels of some of these models come with advanced features you could still find in the latest model cars.

The 2002 Toyota Camry comes equipped with a 2.4-litre inline-four engine that produces 157 horsepower and mated to a 4-speed automatic transmission.

7. 2004 Mercedes-Benz C300 (N2 -N3 Million)

With about N2 million, you can easily own a Mercedes vehicle. The Mercedes C300 is one of the most affordable Mercedes cars currently in the country. While the latest model versions of this vehicle are expensive, going after models like the 2004 is an excellent choice if you’re on a budget.

The Mercedes-Benz brand is a popular one in Nigeria, and the latest models of the brand are luxury cars. The C200 is a sleek-looking car that can be gotten at an affordable price. Mercedes-Benz, often related to luxury, leads people to believe that the rich can only afford it. Still, a luxury-looking Mercedes Benz C200 can be sold for less than N2 million in Nigeria. It all depends on the model and seller.

The 2004 Mercedes C300 comes with a 1.8-litre inline-four engine that produces 189 horsepower and is mated to a 6-speed automatic transmission.

8. 2005 Honda Accord (N3 -N4 Million)

The 2005 Honda Accord is one of the most affordable Accords you’ll find in the market today. The vehicle is in the same category as the Toyota Camry, and if you’re looking for an affordable used vehicle that has some stylishness to its features, then the 2005 Accord is a great purchase. The Honda Accord 2005 is worth its price in looks, performance, and fuel efficiency, and the current price range in Nigeria is between N3 to N4 million.

The 2005 Honda Accord makes use of a 2.4-liter twin-cam four-cylinder engine that delivers 160 horsepower.

9. 2005 Honda Civic (N3 – N4.5 Million)

If you are looking for an old vehicle that is equally affordable and decent in its looks, then the 2005 Honda Civic will do that for you. This vehicle has the kind of ruggedness that is suitable for Nigerian roads and its fuel efficiency is great, especially considering the current price of fuel in the country. 

The price of a Nigerian-used Honda Civic 2005 model starts from N3 million and goes as far up as N4.5 million. The Honda Civic 2005 also makes use of an inline-four engine that produces 115 horsepower.

10. 2003 Toyota RAV4 (N4 – 5 Million)

The Toyota Rav4 is one of the fastest-selling cars in Nigeria. The Rav4 in question here is the 2003 model with a very rugged look suitable for any Nigerian road. You’ll mostly find this car in near-rural areas because it can withstand bad road pressures. The current price range for the Toyota RAV4 2003 is between N4 – 5 million.

The 2003 Toyota RAV4 falls within the second generation of the RAV4 that started in 2001 and ended in 2005. The vehicle uses an inline-four engine that produces 148 horsepower.

Conclusion

These are the top 10 cheapest cars in Nigeria that offer great performance. So, if you are in the market for an affordable decent vehicle, consider going for any of these models. They are also available on Carmart Nigeria.

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