FIRST CAR PURCHASE (PART 2)

in LeoFinance3 years ago

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Today I completed my first car purchase. It has been a stressful two days for me and I am here to share my experience.

First, cars are not cheap. I don't know how to emphasize this any further. I had $3818 (2,100,000 naira) and I could not purchase a decent foreign used car--which is the best value you can get for a second hand car.

The first dealer I met yesterday who promised that his vehicle was a foreign used car turned out to be a liar. Thankfully my mechanic friend was able to spot it.

Most of the cars in the market below $4727 (2,600,000) are Nigerian used cars or accidental cars. These dealers lie about selling used foreign cars and if you do not have a good mechanic you might fall victim to their scam.

After I left the first dealer who stayed around Ikeja, I decided to look around with my dealer. The cheapest foreign car I could find was around $5454 (3,000,000 naira). I could not wrap my head around it. So I decided to visit the Lagos port at Papa where most cars come into the country.

The Apapa port wasn't any different. The best I could get for the car I wanted was $5090 (2,800,000 naira). I still couldn't believe that two million naira could not get one a foreign used car in Nigeria. I did not want to buy a Nigerian used car but I had no opinion at this point.

My mechanic and I were referred to a seller at another location who wanted to sell his 2009 Camry. It seemed like a good buy at first and I almost paid for the car but my mechanic spotted issues with the car's brake. Plus, it had so many dents.

We decided to go back to one of the dealers to purchase a corolla we priced at $3090 (1,700,000 naira). I did not like it but it seemed like the best deal. On our way to the dealer shop my mechanic spotted another dealer. He decided to check and then we saw the car I purchased

I purchased a lexus ES330. The car was in good condition--the best we had seen so far and was going for $3636 (2,000,000). After test running it my mechanic told me I could pay and so I did. I thought that was the end of it all but I was dead wrong.

About 30minutes after the transfer of funds the seller isn't credited. We all became panicky. At some point, the dealers thought I was a scam. But the money had left my account.

I could not leave with my car yesterday and had to sleep in a hotel. The funds reached the seller's around 10 pm, almost 6 hours after the transfer but it was too late to conclude on anything.

I woke up this morning hoping to leave with my car but encountered another challenge. The seller wasn't around to give me the change of ownership or consent letter and his agent wanted to collect his plate number which I refused.

We had a lot of back and forth and at some point I just wanted to collect my money. I was done with the stress and my mechanic was already acting up. I knew he was fighting for my own interest but he went overboard.

When the owner showed up, my mechanic insisted that we conclude our agreement at the police station. I was skeptical about that given how silly the Nigerian police were but followed through with it.

The police charge us $181 (100,000 naira) for a report. A report costs $3.6 (2,000 naira)--that's the standard fee. They wanted to exploit us but I was having none of it. So we went on to conclude our gentleman agreement without that.

The long and short of it all is that I have my vehicle in my possession. I haven't been able to enjoy the feeling of owning a car--my first car. Maybe later but now I am just tired and need to rest. Cheers.

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Enjoy your first car 🚘 bro

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thanks Nath...hope it serves its purpose

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@nonsowrites, had a rest, just relax, and then enjoy your newly-bought car! Congratulations 👏!

thank you very much. spending the rest of the day with my girlfriend...

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Have fun!

All that stress just to get a car.

Banks ehh. They'll just be making someone regret opening account. That's how I was doing p2p on binance I transferred the money and they debited me but the person did not see it. I waited and waited and later in the evening I received my money back. I already taught the person was a scam and wanted to report him, but my cousin told me to be patient.

Sha, thank God everything has been resolved. Congrats on getting your first car

Banks ehh. They'll just be making someone regret opening account. That's how I was doing p2p on binance I transferred the money and they debited me but the person did not see it. I waited and waited and later in the evening I received my money back. I already taught the person was a scam and wanted to report him, but my cousin told me to be patient.

this happened to me two days ago. i did a transaction and it took over hours before I was credited. it is really spoiling the p2p thing.

Sha, thank God everything has been resolved. Congrats on getting your first car

Thanks bro. I appreciate

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Congrats on your first car, enjoy the ride :D

thank for you much :)

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Holy crap man! Im sorry the car biz is so sketchy there! Oh my gosh this is so much messing around!!

Im sorry the car biz is so sketchy there! Oh my gosh this is so much messing around!!

at some point, I wanted to forget about it all and just leave. the stress was unbearable. thankfully we are past this now.

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Looks nice! Wish you to have great adventures together 🙂

thank you very much

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Congratulations to you man, using the bull market to hit more real-time wins was actually a smart one.

omo oshey brotherly... hope it serves the purposes i bought it for. money must be made

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Congratulations on your new car.
Enjoy!

thank you very much

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Geez sounds crazy, I just bought a new car too, and I thought it was a hassle, but your story made my experience feel easy! lol

but your story made my experience feel easy! lol

such is life. No one has the monopoly of suffering...

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Congratulations on getting your first car bro.. I'm so happy you guys didn't settle at the police station because it most likely it would have cost you more than 100k..Those people are criminals.

thankfully we did not settle with the police...i did not want to have anything to do with them but we were pushed to the wall. I dont think I will be traveling with the car soon because these people could set one up

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Please be safe and make sure to have all the necessary documents before moving around with your just in case the need arises.

What a shit show, maybe you buy a car in Europe next time and I ship it to you. What a waste of energy. Why didn't you pay with crypto?

What a shit show, maybe you buy a car in Europe next time and I ship it to you.

Oh thank. i really will consider that next time

What a waste of energy. Why didn't you pay with crypto?

Crypto isn't so mainstream here and transacting in crypto can earn me jail time (if not careful)

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Wwooww srsly? Jail, god damn.

yeah...crypto is semi-illegal here and by that I mean it is neither illegal nor legal. It is just open for different interpretations. the govt has different positions on it and you can get unbanked if you transact in crypto. this is why I do it discreetly

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Unbanked, that terrifying, that's like killing one slowly.

Osheyyyyyyyyyy my nigaa! When we dey comot?

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When we dey comot?

omo i go reach IB...na you go drive me. my hand never strong

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Congrats on getting your first car 🎉 I pray that this would be the start of many more.

thank you dear...i appreciate

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Nigeria is just terrible.. Which bank be that sef?

Anyways congratulations 🎉

Nigeria is just terrible.. Which bank be that sef?

omo... na access to first bank transfer. I won piss for body. thank God it is all over now

Anyways congratulations

thank you mate. i appreciate

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Congratulations on getting your first car, get some rest.

Tomorrow would be a great day to take the car for a spin..

This is just the beginning of more car ownerships

Tomorrow would be a great day to take the car for a spin...

lol first I would have to learn how to drive properly

This is just the beginning of more car ownerships

amen...

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Ohhh..I thought you already knew how to drive like crazy, lol.

But then there's no rush..wish you all the best.

Congratulations!

thanks lizliz...

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Congratulations bro.

thank you. i appreciate

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The car looks lovely.. Congratulations 🎉

thank you very much...

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When the owner showed up, my mechanic insisted that we conclude our agreement at the police station. I was skeptical about that given how silly the Nigerian police were but followed through with it.......The police charge us $181 (100,000 naira) for a report. A report costs $3.6 (2,000 naira)--that's the standard fee. They wanted to exploit us but I was having none of it. So we went on to conclude our gentleman agreement without that.

😂🤣

Congratulations bro.

Thank you Ade. I know it sounds funny but that wasn't how I felt yesterday. Thankfully it is over

Chief, you sef don get senior man doings. Make una Sha dey look smaller like us wey be upcoming

Chief, you sef don get senior man doings

Na God...

Make una Sha dey look smaller like us wey be upcoming

I try to support as many people as possible...

Congratulations my man. When will u take me for a ride😁

Whenever you come around fine woman

Yay! I saw this late but, my congratulations are still in order. I wish you all the best always brother!

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Congratulations bro. This is superb

Congratulations on your first car. First of many.

I have a question to ask, but still very skeptical

You can ask...

Okay then thanks

Did you get your money to afford a car from hive?

Or side hustles, Just asking respectfully

From hive. I got the money from hive

Wow…
Amazing

Thank you so much for the sincere answer, This could at least be a motivation🥂

Before you buy a car, you should carefully read car reviews, this is in case you have no experience in buying a car. I would advise you to read car reviews https://oncarsreview.com/category/car-reviews/ it will be much easier, especially when you have not much experience. I would also advise you to read other car reviews to compare with the one you want to buy. I chose for myself four cars and looked at their reviews, in the end came to the conclusion that it is better to buy only one and more reliable.

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Not bad. My colleagues, when they move back to Lagos from USA, would take one container full of Toyota Camry over there. I think there are 2 Camry you can fit in a container. 1 for their personal use, one to sell :)

yeah, that would work. Although while at the port yesterday I heard custom duties for cars are on the high side now.

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Who pays Customs duty in Lagos? Are you sure you are from there? :)

Who pays Customs duty in Lagos? Are you sure you are from there? :)

I am just going to cover my head in shame (Nigeria will never cease to embarrass one)