The importation of vehicles has been discouraged by the federal government through its National Automotive policy, and this policy has inspired some international automobile makers to line up car assembly plants in Nigeria. The Nigerian auto market is too big to be ignored; in fact, it’s the gateway to the sub-Saharan Africa auto market.
Top 5 most expensive cars
Premium automobile brands like Porsche, Roll Royce, Land Rover, have already got their showrooms in the country and this speak volumes about the enormous strides Nigeria has made in its quest to diversify her economy.
The five newest and the most expensive cars in the Nigeria Auto market include:
1. Rolls-Royce Phantom (2015)
All Rolls-Royce products are high-end. In fact, solely the affluent will be able to afford one of their hi-tech mobile machines. Just like the previous editions, the Phantom 2015 is powered by an enormous 12-cylinder engine. This powerful engine displaces vi.7 liters and produces 531-pound feet of torsion at 3500 rate and 453 HP at 5350 rate. Despite its massive 5800-pound curb weight, the rear drive of the Phantom 2015 enables it to accelerate from zero to 60 mph in 6 seconds. It comes with an 8-speed automatic transmission that conjointly permits for fast shifting of gears.
Average Price: N97,692,650
2. Land Rover / Range Rover Sports (2015)
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Land Rover has produced impressive vehicles over the years, and they have a knack for high-end sport utility vehicles. Their latest flagship, the Range Rover Sport, is a beauty to behold. Don’t be fooled by that posh, sporty look that most of their vehicles have. They are full-fledged speed machines because they feature standard super-supercharged V8 engines that pump out 550 HP.
This Mini size SUV’s super-charged engine comes in three variants. The SE and HSE come with a 3.0-liter V6 engine that is rated at 332 pound-feet of torque and 340 horsepower. The Supercharged and Autobiography features a 5.0-liter V8 engine that pumps out 461 lb-ft of torque and 510 horsepower. And the SVR comes with a fine tuned V8 engine that dishes out 502 lb-ft of torque and 510 HP. The Range Rover Sport SUVs are extremely powerful, and their super-charged engines enable them to accelerate from zero to 60 mph in 4.6 seconds.
Average Price: N30,250,000
3. Jaguar XF (2015)
The Jaguar brand of mid-size Luxury Sedans is simply known for class, style and elegance. The Jaguar XF stands miles apart from every other competing brands in its class because so much emphasis has been placed in its internal and external styling. The XF is hopped-up by a 2.0-liter turbocharged four-cylinder entry-level engine that produces 251 lb-ft of torque and 251 HP, boosting the XF Speed considerably.
There is also another XF option that features a super-charged 6-cylinder 3.0-liter engine that produces 340 horsepower. The Third choice is for lovers of superior vehicles, and it features a 5.0-liter supercharged V8 engine that produces 424 pounds of twist and 470 HP. This gives the automobile the ability to accelerate from zero-to-60 mph in 6secs.
Average Price: N11,257,400
4. Ford Escape (2015)
Ford is a well-known brand when it comes to the production of SUVs. With its athletic handling, powerful turbocharged engine options and an upscale interior, the 2015 Ford Escape is one of the very best SUVs in Nigeria auto market. Most auto specialists agree that the 2015 Ford Escape, with its four-cylinder engine, has ample power to show its strengh through most obstacles. If you decide to go with either of its two turbo-charged four-cylinder options, you are guaranteed to have good acceleration.
This automobile comes with a 6-speed transmission system and also the bigger of the two choices makes ascent hills and obstacles really easy. You also have the option of choosing between the 2.0-litre four-cylinder engines or 1.6-litre four-cylinder engines. This automobile also comes with a sitting arrangement that caters for five persons.
Average Price N5,000,000 – N7,000,000
5. BMW 3 Series Sedan (2015)
The BMW 3 series comes in six engine variants, some of which include the 355i turbo-charged 6-cylinder engine, 320i turbo-charged 4-cylinder engine and so on. This gives the customers variety options to choose from. What makes the BMW 3 series superb is that it comes in an exceedingly good mix of potent acceleration, exceptional handling, and high-end comfort.
The standard 8-speed transmission included in the BMW 3 series makes it stand out because it enables the driver to make quick gear changes at will. Additionally, the BMW 3 series’ excellent handling and powerful braking features have already attracted a lot of car lovers. Some of its features include: Auto start-up function, Aerodynamics, brake energy regeneration, Eco Pro mode, BMW headway display, BMW lines, Sports Mode, Adaptive M Suspension, Active Cruise Control and many other exciting features.
Average Price: N 6,000,000 – N8,000,000
Certainly, these are some of the hottest cars in Nigeria at the moment. Although most of these cars are extremely pricey, people still purchase them, albeit in small numbers. Prices for Phantom cars are so high that 90% of the population cannot afford them.
However, those who can buy these high-end vehicles, especially the Rolls Royce Phantom, are very lucky. Due to the indigenous production capacity that is growing day-by-day, Nigeria can join the league of industrialized countries that earns huge sums from the exportation of locally manufactured vehicles.