Tokunbo vs Brand New Imported Cars in Nigeria: Which Is Worth Your Money?

When Nigerians talk about buying imported cars, the first question is always the same: tokunbo or brand new? Both options have their fans, and both can be the right choice — depending on your budget, your needs and how you buy. Here is an honest comparison to help you decide.

What does "tokunbo" actually mean?

"Tokunbo" is the Nigerian name for vehicles imported as used or foreign-used cars. The word comes from Yoruba and means "from across the sea". Tokunbo cars are typically 2 to 10 years old, sourced from overseas auctions and dealers, and sold in Nigeria after clearing at Lagos ports.

Price: the biggest difference

Tokunbo cars are almost always cheaper to buy upfront. A foreign-used car that cost ₦20 million when new can often be imported for a fraction of that price. This makes tokunbo the default choice for budget-conscious buyers across Lagos and Nigeria.

However, the upfront price is only the beginning:

• Tokunbo — lower purchase price, but potentially higher repair costs if you buy a poorly inspected unit
• Brand new — higher purchase price, but fewer surprises in the first years

Condition and reliability

This is where brand new cars win on paper. A factory-new vehicle arrives with zero mileage, full warranty coverage and no history of wear. A tokunbo car's condition depends entirely on the inspection — which is why buying a verified, inspected unit matters so much.

Running costs

Newer cars are generally more fuel-efficient and have cheaper maintenance in the first few years. Older tokunbo cars can cost more to maintain as parts begin to wear. On the other hand, parts for common Japanese models are widely available in Lagos at reasonable prices.

Resale value

Here, tokunbo cars often hold their value better in percentage terms. You buy low and, if the car is well maintained, you can sell it later without a huge loss. Brand new cars depreciate the moment you drive them off.

The real deciding factor: how you buy

Here is the truth: a bad brand new car is rare, but a bad tokunbo car is common — if you skip the inspection. The smartest buyers do not choose "tokunbo or new". They choose a genuine vehicle with a verified inspection report, whether it is new or foreign-used.

Which should you choose?

• Choose brand new if you want zero risk, warranty peace of mind, and the latest technology
• Choose tokunbo if you want maximum value for your money and are prepared to buy from a trusted, inspected source
• Choose professional sourcing either way, so you know exactly what you are getting

Get a genuine vehicle in Lagos

At RETs Global Network, we source genuine vehicles from China and overseas — brand new or clean foreign-used — inspect them before shipment, and deliver them to your doorstep in Lagos. Whatever you decide, we will help you get a vehicle we would drive ourselves.