Nigeria is a rapidly growing market for automobiles, with more and more people looking for affordable and reliable options for transportation. In this article, we will take a look at the various cars available for purchase in Nigeria for less than 500,000 Naira.

Cars Under 500000 Naira in nigeria

1. Honda Civic The Honda Civic is a popular and reliable choice for car buyers in Nigeria. It offers a spacious and comfortable interior, good fuel efficiency, and a smooth ride. Civic models from the 2000s can be found for under 500,000 Naira, making it a great option for those on a budget.
2. Toyota Corolla The Toyota Corolla is another popular choice in Nigeria and is known for its reliability and low maintenance costs. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, and they offer a smooth and comfortable ride with good fuel efficiency.
3. Nissan Sentra The Nissan Sentra is a compact car that offers a comfortable and spacious interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira and are a popular choice for those on a budget.
4. Kia Rio The Kia Rio is a small car that offers a comfortable and well-equipped interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, making it a great option for those on a budget.
5. Mitsubishi Lancer The Mitsubishi Lancer is a compact car that offers a comfortable and spacious interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, making it a popular choice for those on a budget.
6. Volkswagen Golf The Volkswagen Golf is a compact car that offers a spacious and comfortable interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, making it a great option for those on a budget.
7. Hyundai Accent The Hyundai Accent is a small car that offers a comfortable and well-equipped interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, making it a popular choice for those on a budget.
8. Chevrolet Aveo The Chevrolet Aveo is a small car that offers a comfortable and well-equipped interior, good fuel efficiency, and a smooth ride. Models from the late 1990s and early 2000s can be found for under 500,000 Naira, making it a popular choice for those on a budget.

In conclusion, these cars offer a good combination of affordability, reliability, and performance for those looking for a car in Nigeria for less than 500,000 Naira. While these cars may not be the newest models on the market, they are a great option for those on a budget and are known for their durability and low maintenance costs. Before making a purchase, it is important to conduct thorough research, inspect the car thoroughly, and have a trusted mechanic check it out to ensure that you are getting a good deal.

Pictures of cars under 500,000 naira in Nigeria 2023

Disadvantages of Buying cars below 500,000 naira.

While these cars may be a great option for those on a budget, there are a few disadvantages to consider before making a purchase:

1. Age: Most of these cars are from the late 1990s and early 2000s, and with age comes wear and tear. It’s important to thoroughly inspect the car and have it checked by a trusted mechanic before making a purchase.
2. Maintenance: Older cars often require more maintenance, which can add up over time. Parts and labor costs can be higher for older models, so it’s important to consider these costs when making a purchase.
3. Fuel Efficiency: These cars may not have the latest fuel-efficient technology and may not be as fuel-efficient as more modern models. This can result in higher fuel costs over time.
4. Technology: These older models may not have the latest technology and safety features that are available in newer cars, such as airbags, anti-lock brakes, and traction control.
5. Resale Value: Older cars generally have a lower resale value, and it may be difficult to sell the car in the future for a good price.

In conclusion, while cars under 500,000 Naira in Nigeria can be a great option for those on a budget, it is important to weigh the disadvantages against the benefits and make an informed decision before making a purchase.

Also read:

20 300k cars in Nigeria you don’t know

Getting to know these cars better.

review on Honda Civic 2002 review.

2002 Honda Civic is a compact car that offers reliable performance and practical features. It has a comfortable and well-designed interior, and is available in several body styles including a sedan, coupe, and hatchback. The Civic has a reputation for being fuel-efficient and low-maintenance, making it a popular choice for budget-conscious consumers. The 2002 model offers a choice of engines, including a 1.7-liter four-cylinder engine, a 2.0-liter four-cylinder engine, and a hybrid engine. Overall, the 2002 Honda Civic is a well-rounded car that offers good value for its price.

Toyota Corolla 2004 review

The 2004 Toyota Corolla is a compact car that was well-received for its reliability, fuel efficiency, and low cost of ownership. It had a comfortable interior, good handling, and a smooth ride. Some common criticisms included a lack of power from its base engine, a bland exterior design, and a limited list of standard features. However, it was considered a good choice for those seeking a dependable and practical daily driver.

Nissan Sentra 2004

Nissan Sentra 2004 is a compact car produced by Nissan in 2004 as part of the seventh generation of the Sentra series. It was available in various trims and offered features such as power windows, air conditioning, and a CD player. The car was powered by a 1.8-liter four-cylinder engine that generated 126 horsepower and was paired with either a manual or automatic transmission.

Kia Rio 2001.

Kia Rio 2001 is a compact car produced by the South Korean automaker Kia Motors. It was available in both sedan and hatchback body styles and was known for its affordability and fuel efficiency. The 2001 Rio was powered by a 1.5-liter inline-four engine that generated 106 horsepower and was paired with either a 5-speed manual or 4-speed automatic transmission. Standard features included power windows, a CD player, and air conditioning. Safety features included dual front airbags and antilock brakes (ABS).

Mitsubishi Lancer:

Mitsubishi Lancer is a compact car that has been produced by the Japanese automaker Mitsubishi Motors since 1973. Over the years, it has been offered in several different body styles, including sedan, wagon, and hatchback, and has been marketed globally. The Lancer has been known for its sporty performance and affordability, and has been a popular choice among car enthusiasts.

In recent years, the Lancer has been offered with a range of engines, including 4-cylinder and 6-cylinder options, and has been available with features such as all-wheel drive, a sunroof, and a premium sound system. In terms of safety, the Lancer has been equipped with features such as airbags, stability control, and a backup camera.

Overall, the Mitsubishi Lancer is a versatile and reliable compact car that has been a popular choice for drivers looking for a balance of performance, practicality, and affordability.

Hyundai Accent 2005

The 2005 Hyundai Accent was a compact car offered by the South Korean automaker Hyundai. It was available in both sedan and hatchback body styles, and was powered by a 1.6-liter 4-cylinder engine. Standard features on the 2005 Accent included air conditioning, power steering, and a CD player. Optional features included power windows, locks, and mirrors, as well as a sunroof and a premium sound system. The 2005 Accent received generally positive reviews for its roomy interior, reliable performance, and affordable price.

Golf series