Buying a vintage car in Nigeria is an exciting business, whether for an antique collector, a lover of automobiles, or a person who wishes to own a prized possession through a classic car.

The price of a vintage car depends on whether it is a European, Arab, or Asian car. Certain factors, such as the make, type, the year it was made, its condition, and its size, play a vital role in the selling price.

Factors Affecting Vintage Car Prices

Make and Model: Classics and famous cars, such as the Ford Mustang, Mercedes-Benz, and Porsche, will be rarer, have greater demand, and, therefore, command higher prices.

  • Condition: The general condition of the car – engine, bodywork, interior – and the originality of parts are key factors in determining the price.
  • Rarity and demand: Models that are rare or come with an interesting history will command higher prices.
  • Restoration Level: Fully restored cars are more expensive than cars that need to be restored (i.e., they are not as shiny as the photograph).

Average Prices of Vintage Cars

According to the most recent market trends, the prices of some vintage cars in Nigeria are presented below:

  1. Ford Mustang 1964: The classic car, which was the first in the renowned American Mustang series, sells for between ₦8 million to ₦15 m.
  2. 230E 1975 Mercedes Benz: ₦5 million to ₦10 million depending on the condition.
  3. Volkswagen Beetle 1978: The original VW ‘Beetle’ remains a vintage favorite, with examples for sale between ₦1.5 million and ₦3 million.
  4. Porsche 911 1974: One of the most sought-after cars, the price of a 1974 Porsche can gain from N20 to 40 million.
  5. Land Rover Defender 90 (1980): Known for its rugged build, prices range from ₦6 million to ₦12 million depending on condition​.
  6. Citroen DS (1974): A classic French car, typically priced between ₦3 million and ₦6 million​.
  7. Jaguar Vanden Plas (1975): Often seen in the British Racing Green color, this model ranges from ₦8 million to ₦14 million.
  8. Mercedes Benz 220S (1961): A luxurious vintage option, priced from ₦4 million to ₦8 million.
  9. Mercedes Benz 300D (1978): Reliable and well-maintained models can be found for ₦5 million to ₦9 million.
  10. Mercedes Benz 230 (1976): With its executive appeal, this model ranges from ₦5 million to ₦9 million.

Buying from Local Dealers and Online Platforms

In Nigeria, vintage cars can be sourced from several avenues:

Local Vintage Car Dealer

This is one of the great advantages of visiting a local vintage car dealer. You can inspect the car, test it for yourself, and even feel around the interior to see how it stands up.

Brand Websites

Many car brands have Automobile websites. This is one of the easiest ways to find rare vintage cars for sale since the seller is known and can be verified by contacting the company.

For instance, Autoprice’s website provides a list of cars for sale by specific years. Similarly, Jiji ng is a popular website for finding vintage cars.

Importing Vintage Cars

The other option is to import a classic car to Nigeria. But that adds more costs, such as import duties, shipment fees, and customs clearance fees. One of these is imports, which is 35 percent of cars.

Cost of Maintenance and Spare Parts

The cost of maintaining a vintage car in terms of spare parts and labor may be quite high. Parts are not readily available, and one needs to carefully consider the cost and ease of sourcing them before buying a vintage car. Cars such as Toyota, Mercedes-Benz, etc., are preferred in Nigeria because parts are easy to find.

Tips for Buying a Vintage Car

  • Set a Budget: Include the purchase price, restoration costs, and maintenance expenses.
  • Research: Learn about the specific models and their common issues.
  • Inspect Thoroughly: Ensure a comprehensive inspection by a professional mechanic.
  • Verify Authenticity: Check the car’s safety and documentation.

Think Future Resale Value: Some models hold rego better than others, making them better investments.

Summary

Also, pricing factors and models available, extra maintenance cost, ensure you do some research and find the perfect classic car that delights you based on your budget but also all the necessary information and check online(for specialized dealers in Nigeria like denseforestCars.com) to find out what factors or information a publisher uses to gets a particular price, from entry to higher spec news.

Collectible cars are a passion and a history. However, they can become a pleasurable activity as well as a daily driver, and it is no doubt a lot of fun to own one.

FAQs on Vintage Cars in Nigeria

How much does a vintage car cost in Nigeria?

The vintage’s price differs in terms of make, model, year, condition, rarity, e.t.c

The vintages take a wide range of values in Nigeria; Nigerians are ready to stretch their money for a seasoned car that ranges from 1.5 million naira for models like the Volkswagen Beetle to 40 million naira for supermodels such as the Porsche 911.

Where can I buy vintage cars in Nigeria?

You can buy old cars from car dealers openly on the road and also through social media platforms like Jiji. Ng and AutoPrice.com, as well as through classifieds on some websites like Nairauto and Nairaland. With these platforms, you have a list of vintage cars to make a government comparison.

Leave a Comment