Mini Bus (Korope) Prices in Nigeria 2024 (Used & New)

mini bus price in nigeria

Are you considering starting a passenger transportation business in Nigeria? Then it is necessary to understand mini bus (Korope) prices in Nigeria in 2024.

The Mini Bus, also called Korope in Lagos, is a common sight on Nigerian roads, and these buses are often used for public transportation because of their affordability and maneuverability. 

In many Nigerian towns, mini buses have become part of the intra-city transport system.

The fact is Keke economy has dwindled because mini bus now take over various towns and cities hitherto run by keke Marwa.

Let’s take a look at the pricing of brand new, foreign, and Nigerian used mini buses in Nigeria and the most reliable minibus to go for before you hit the vehicle market.

Also see: How Much Does Keke Napep Costs In Nigeria Today

Although there are few dealerships in Nigeria where you can get the brand new mini bus, you can also purchase the one manufactured by Nigerian indigenous vehicle manufacturing company Innoson Vehicle Manufacturing, which is called the IVM Shuttle.

It is a little difficult to find the brand new minibus in Nigeria because most dealers prefer to sell foreign used mini buses because they are mostly in demand. Transporters hardly go for brand new mini buses because of the price attached and the nature of work they are going to be subjected to.

Basic Mini bus (e.g., Suzuki Every, Daihatsu Hijet): ₦6,000,000 – ₦7,000,000 (Six Million Naira – Seven Million Naira)

Mid-range Mini bus (e.g., Toyota Hiace): ₦8,000,000 – ₦10,000,000 (Eight Million Naira – Ten Million Naira)

Made in Nigeria Mini Bus(e.g  IVM Shuttle): ₦5,000,000 – ₦6,000,000 (Five Million Naira – Six Million Naira)

Innoson motors IVM mini bus price
Image source:innosonvehicles.com

There is a far bigger and more reasonable pricing for the used Korope mini bus market.

Prices are mostly influenced by the year, state, and mileage of the bus.

BRAND OF BUS/MODELPRICE RANGE
Suzuki APV Minibus 1996₦ 2,000,000 – ₦ 2,400,000
Suzuki APV Minibus 2007₦ 3,000,000 – ₦ 3,200,000
Suzuki APV Minibus 2010 Silver₦ 3,500,000 – ₦ 3,800,000
Suzuki APV Minibus 2008₦ 3,000,000 – ₦ 3,200,000
Suzuki APV Minibus 2003₦ 2,800,000 – ₦ 3,000,000
Suzuki APV Minibus 2005₦ 2,800,000 – ₦ 3,000,000
Suzuki APV Minibus 2018₦ 3,500,000 – ₦ 3,800,000
Suzuki APV Minibus 2000₦ 2,200,000 – ₦ 2,500,000
Suzuki Every 2000₦ 2,500,000 – ₦ 2,700,000
Suzuki Every 2006₦ 2,600,000 – ₦ 2,900,000
Suzuki Every 2010₦ 3,000,000 – ₦ 3,200,000
Suzuki Every 2005₦ 2,700,000 – ₦ 2,800,000
Daihatsu Hijet 2004₦ 2,500,000 – ₦ 2,700,000
Daihatsu Hijet 2009₦ 2,900,000 – ₦ 3,200,000
Daihatsu Hijet 2008₦ 3,000,000 – ₦ 3,200,000

The prices of Mini-buses in Nigeria might vary based on the condition of the vehicle and other factors, which we will see below:

Condition: Naturally, a well-maintained mini bus will cost more than one that has to be fixed.

Age: More recent models will cost more than older ones.

Brand: Suzuki Every and Daihatsu Hijet are a couple of well-known mini bus brands and they cost differently.

Location: Prices in Nigeria could differ based on the location you are. Mini buses are cheaper in Lagos than other parts of the country.

In general, you might anticipate paying.

Low end: You may get a fair-condition used used mini bus/Korope in Nigeria for between ₦1,200,000 – ₦1,600,000

High end: A well-maintained Nigerian used mini bus of a newer model could sell for ₦2,000,000 or more.

You can find both new and used mini bus for sale in Nigeria through several options

  • Dealers of mini bus:

Fortchunz Firm Nig Ltd (Lagos): This dealer sells Suzuki minibuses.

Suzuki Mini Buses and Trucks (Lagos): This shop sells many kinds of vehicles, including minibuses.

Korokpe.ng Mini Bus (Lagos): This dealer has minibuses from Suzuki, and Daihatsu Hijet  among other brands. They have 6 good reviews on Google, giving them a rate of 5 stars.

 Innoson Vehicle Manufacturing (IVM): You can purchase the IVM Shuttle which is manufactured in Nigeria at IVM.

  • Online Marketplaces:

You can find Korope minibuses for sale on Jiji which is a famous Nigerian online market. On jiji.ng, you can sort listings by area and look at the prices they are asking to get a sense of the market.

  • Minibuses can also be bought from private sellers. To find these people, try online classifieds or Nigerian-focused social media groups for vehicles.
  • Visits to showrooms: It’s best for sellers to go to the minibuses’ showrooms in person to look at them and talk about prices.

How much is Nigeria used mini bus in Lagos?

Expect to pay anything from N1,000,000 to N1,700,000 for a Nigerian used mini bus in Lagos that is still in good condition. However, the price to pay would depend on the model, brand, and condition of the used bus.

How much is Tokunbo Suzuki?

tokunbo Suzuki minibus will cost anything from N2,800,000 to N3,500,000 depending on the model, brand and condition of the mini bus.

What is the best mini bus brand and model to buy in Nigeria?

Your needs will dictate which brand and model of minibus is “best”.  You will have to consider factors such as the number of passengers, available funds, and the accessibility of replacement parts; however, dependable popular brands include:

Suzuki Every: A dependable and popular choice, renowned for its easy maneuverability and readily available parts.

Daihatsu Hijet: Another well-liked option, renowned for its spacious cargo area and reasonable price tag.

Conclusion

A cost-effective way to enter the Nigerian transportation industry is through the purchase of mini-buses which is also known as Korope in Lagos and some western states in Nigeria, and By gaining an awareness of mini bus prices in Nigeria and taking into consideration the different elements that can influence the cost of mini bus, you will be able to make a smart choice when acquiring your vehicle.

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