Guys I just deep something just now.
₦39m naira is $20k dollars. Like twenty thousand dollars.
So a million in naira is a thousand in dollars. That means 45% of the average American citizen has a higher chance of being a millionaire in dollars… than 70% of the average Nigerian ever standing a chance of getting ₦1m naira.
Ahhhhhhhhhhhhhhhhh abi I don dey craze?
I want to show you guys some details you might be interested in or that you might need in a few years to come. 👀
Before I start, please kindly check the price of a 2023 Mercedes-Benz GLE 43 AMG (or GLC 43).
If you can’t check now, no problem. Do it after you finish reading. But just so we move faster, you are looking at roughly ₦130m to ₦275m for the high-end / foreign-used ones. Nigeria used ones sit around ₦60m to ₦120m. I’ll attach the pictures so you can see the exact unit for yourself.
Now here’s the real question…🤔
What if I told you I could source this car in the video or any car of your choice for about 40% of that price, before it even lands in the country?
This particular 2023 GLC 43? I can get it for $65,000. That is about ₦87 million.
Same year. Same car. Just without the heavy local mark-ups.
You finally get the car at the right price. And if you ever decide to resell it here later, you still walk away with more gain.
If this one (or any other model) is on your mind, let’s talk. I'll do my best to get you the best deal. My wish is for everyone to drive the Mercedes-Benz of their dream. 🥂
My point of view on this is:
Two things could end up happening to Chinese dealers if care is not taken. There would either be a revolution, or something similar to the Ghana Must Go episode would occur, because the Chinese would take a lot of jobs away from Nigerian citizens.
Something strange is happening in the Nigerian car market…
Chinese (and some Indian) clients keep walking into dealerships asking for cars like a 2017 Toyota Highlander... then offering half the normal price.
A car that normally goes for ₦25-30 million? They’re quoting ₦13.5 million.
They are not coming alone either, groups of 4-5 people, asking questions, looking around, then disappearing.
Is it just aggressive negotiation... or are they quietly surveying the market while Chinese cars flood in? 👀
Malaria parasites can stay in your body in an inactive state for a very long time. Once you have been infected, you don’t need another mosquito bite to develop malaria again.
@Verterex_Prop Malaria parasites can stay in your body in an inactive state for a very long time. Once you have been infected, you don’t need another mosquito bite to develop malaria again.
@Verterex_Prop@Ekocarsng Don’t be shocked when you see Chinese car stands in Nigeria. And a Highlander is going for 12m. LOL, you’re just noticing it abi, they have been laying their footprint all this while.
Something strange is happening in the Nigerian car market…
Chinese (and some Indian) clients keep walking into dealerships asking for cars like a 2017 Toyota Highlander... then offering half the normal price.
A car that normally goes for ₦25-30 million? They’re quoting ₦13.5 million.
They are not coming alone either, groups of 4-5 people, asking questions, looking around, then disappearing.
Is it just aggressive negotiation... or are they quietly surveying the market while Chinese cars flood in? 👀
I saw one of my colleagues say he would rather have a 2025 than buy a 2016 Lexus. I didn't want to counter the business post so I will make a lone post.
Let’s play devil’s advocate for a second.
Now look at the 2025 Changan, Fair enough. It looks expensive in the photos. But five years from now, when the first major electronic problem shows up, when the suspension starts complaining about our roads and when you need a specific module and the dealer says
it will take three weeks from China what happens to that next?
Now look at a 2016 Lexus RX. Ten years later Parts? Anywhere. Mechanic? Everywhere. Resale value after another five years? Still respectable. And it has already done the test of time in the Nigerian roads. Even with the potholes it showed it was built for that kind of situation. The Lexus has already survived a full decade of Nigerian reality.
I am not saying the new Chinese cars are trash. Some of them are genuinely impressive for the money. I am just trying to maintain that looks more expensive in 2026 and still feels premium and reliable in 2031 are two very different conversations. And for a lot of people who actually keep cars long term in this country, the second conversation is the one that matters more.
What a smart upcoming would have responded with. 💔
Interviewer: Dinner with Davido or ₦500 million?
Wavestar: Both carry real value in different ways. The dinner would be a genuine privilege and a chance to connect, learn, and plant the seed for future collaboration with someone of his calibre. At the same time, ₦500 million would give me the freedom and resources to keep building my own work at the highest level. If I had to choose one right now, I did take the money so I can stay independent and keep creating, while remaining fully open to sitting down with Davido whenever the opportunity arises.
But no!!!! You blew the opportunity away, 500m you no see, connection in future you reduced the chances of that happening also.
@Verterex_Prop Bro, if this reaches the wrong audience they might enter you but I understand you like mad. Take Arsenal players for example those guys are properly trained on how to answer questions in the media.