Why
are imported fairly used-cars in Nigeria referred to as ‘tokunbo’ cars in the
first place?
I guess that’s a million dollar question which
unfortunately this article isn’t going to answer. But nonetheless, several
angles of the topic will be well analyzed to inform both intending car buyers
and current car owners about the gains of going the ‘tokunbo’ way.
There are a
truck load of reasons why Nigeria is flooded with imported used cars and why
most Nigerians are literally forced to make do with these cars; the main
factors that have driven up the demand for tokunbo cars are the current
deficient state of our local automotive industry, unbelievably high burrowing
rates and lack of innovation to drive real growth on several levels of the
Nigerian automotive industry at large.