The prices of Toyota Corolla in Nigeria continue to increase in 2024 as a result of the continuous devaluation of the naira and the general inflation the country is experiencing.
The Toyota Corolla has been a mainstay of the Nigerian car market for a long time. It is known for being reliable, cheap, and fuel efficient.
There is still a strong market for both foreign otherwise known as tokunbo or Belgium, and locally used Toyota Corollas in 2024, this is because Toyota Corollas are highly durable, and have a high second-hand value.
This detailed guide looks at the prices of different Toyota Corolla types in Nigeria for 2024, highlighting the differences between foreign-used (tokunbo) and locally used Corolla, and offering insights into what buyers can expect when navigating this competitive market.
Also See: Price of Tokumbo and Used Lexus RX 350 In Nigeria
How Much Is A Corolla In Nigeria In 2024?
It is important to note that the prices of Toyota Corollas in Nigeria vary depending on the model of the vehicle, the condition of the vehicle (whether it is Nigerian used or foreign), and your location.
Therefore, we will provide a detailed breakdown of the prices of various models of locally used and foreign-used Toyota Corollas in Nigeria.
Let’s see the Toyota Corolla market trends in the following sections below
Prices of Foreign Used Toyota Corolla in Nigeria 2024
Often called “tokunbo” cars in Nigeria, foreign-used Toyota Corollas are imported vehicles that have been previously owned and used overseas.
Usually, these vehicles are preferred since their condition is rather better than that of locally used counterparts.
The pricing for different models of Nigerian used Toyota Corollas available in Nigeria in 2024 are fully presented below:
Prices of Foreign Used 2003-2013 Toyota Corolla Models in Nigeria
The 2003-2010 Toyota Corolla models are popular among budget-conscious buyers who seek affordability without compromising on quality. They are one of the most used vehicles on the Nigerian roads.
Below are price ranges for foreign-used Toyota 2003 to 2013 models
- Toyota Corolla 2003: ₦6,000,000 – ₦7,000,000
- Toyota Corolla 2004: ₦6,500,000 – ₦7,500,000
- Toyota Corolla 2006: ₦7,500,000 – ₦8,500,000
- Toyota Corolla 2007: ₦8,000,000 – ₦9,000,000
- Toyota Corolla 2008: ₦8,500,000 – ₦9,500,000
- Toyota Corolla 2010: ₦9,000,000 – ₦10,000,000
- Toyota Corolla 2011: ₦10,000,000 – ₦11,000,000
- Toyota Corolla 2012: ₦10,000,000 – ₦12,000,000
- Toyota Corolla 2013: ₦10,000,000 – ₦12,000,000
Prices of Foreign Used 2014-2018 Toyota Corolla Models
These models of Toyota Corolla are known for their enhanced features and improved fuel efficiency.
They are more fancy, portable, and smart.
Let’s look at the prices of foreign-used 2014-2018 Toyota Corolla models in Nigeria below:
- Toyota Corolla 2014: ₦12,000,000 – ₦14,000,000
- Toyota Corolla 2015: ₦13,000,000 – ₦14,000,000
- Toyota Corolla 2016: ₦13,000,000 – ₦15,000,000
- Toyota Corolla 2017: ₦15,000,000 – ₦17,000,000
- Toyota Corolla 2018: ₦16,000,000 – ₦17,000,000
Prices of Foreign Used 2019-2023 Toyota Corolla Models in Nigeria
The shapes of these 2019 to 2024 Toyota Corolla models became more sophisticated and luxurious, still maintaining their ruggedness and efficiency.
Below is a price list for the Foreign Used 2019-2023 Toyota Corolla Models in Nigeria
- Toyota Corolla 2019: ₦17,000,000 – ₦18,000,000
- Toyota Corolla 2020: ₦20,000,000 – ₦23,000,000
- Toyota Corolla 2021: ₦25,000,000 – ₦27,000,000
- Toyota Corolla 2022: ₦25,000,000 – ₦27,000,000
- Toyota Corolla 2023: ₦26,000,000 – ₦29,000,000
Prices of Locally Used Toyota Corolla Models in Nigeria
Locally used otherwise known as Nigerian used Toyota Corollas are vehicles that have been previously owned and driven within Nigeria.
These corollas can be a more economical option, they are cheaper compared to the tokunbo but their condition can vary depending on maintenance and usage.
Generally, locally used Corolla prices depend on the condition and model of the Corolla vehicles.
Prices of Nigerian Used 2003-2013 Toyota Corolla Models
The older models of locally used Toyota Corollas provide excellent value for the money, particularly for individuals who are purchasing their first automobile, or for those who want to go into the taxi transport business.
There are usually wide price ranges for Nigerian used Toyota Corolla because of the conditions and maintenance of the vehicles.
Below are price ranges for Nigerian used Toyota 2003 to 2013 models
- Toyota Corolla 2003: ₦2,000,000 – ₦4,000,000
- Toyota Corolla 2004: ₦2,500,000 – ₦4,500,000
- Toyota Corolla 2006: ₦3,000,000 – ₦5,000,000
- Toyota Corolla 2007: ₦3,000,000 – ₦5,000,000
- Toyota Corolla 2008: ₦4,500,000 – ₦6,500,000
- Toyota Corolla 2010: ₦5,000,000 – ₦7,000,000
- Toyota Corolla 2011: ₦5,000,000 – ₦7,000,000
- Toyota Corolla 2012: ₦6,000,000 – ₦8,000,000
- Toyota Corolla 2013: ₦6,000,000 – ₦9,000,000
Prices of Nigerian Used 2014-2018 Toyota Corolla Models
These models as usually expensive even as Nigeria Used because they look classy and luxurious, above all they are considered as recent models.
- Toyota Corolla 2014: ₦7,000,000 – ₦10,000,000
- Toyota Corolla 2015: ₦8,000,000 – ₦10,000,000
- Toyota Corolla 2016: ₦9,000,000 – ₦12,000,000
- Toyota Corolla 2017: ₦10,000,000 – ₦14,000,000
- Toyota Corolla 2018: ₦12,000,000 – ₦14,000,000
We are not going to list the prices of Nigerian used 2019-2023 Toyota Corolla Models because they are not as common as Nigerian used, they are usually bought as brand new or foreign used.
How Much Is Brand New Toyota Corolla In Nigeria?
The prices of brand new Toyota Corolla in Nigeria depend on the model of Corolla you want to buy.
You can only get a brand new Toyota Corolla for recent models of Corolla, maybe from 2019 to 2024.
Price List For Brand New Toyota Corolla in Nigeria
Let’s take a look at the price list of various models of brand-new Toyota Corolla according to CCP.
| TOYOTA COROLLA MODEL | PRICE (Naira) |
| Toyota Corolla FX Special Edition 2025 | 45,120,000 |
| Toyota Corolla Active Sport 2024 | 31,584,000 |
| Toyota Corolla 2023 | 40,156,800 |
| Toyota Corolla Hatchback 2024 | 35,344,000 |
| Toyota Corolla XSE 2024 | 42,066,880 |
| Toyota Corolla Sedan LE 2024 | 32,937,600 |
| Toyota Corolla XSE Sedan 2023 | 40,156,800 |
| Toyota Corolla SE Sedan 2023 | 36,020,800 |
| Toyota Corolla XLE Sedan 2023 | 38,306,880 |
| Toyota Corolla Sedan SE 2023 | 36,020,800 |
| Toyota Corolla Sedan LE 2023 | 32,411,200 |
| Toyota Corolla Sedan LE 2022 | 31,012,480 |
| Toyota Corolla Sedan SE 2022 | 34,020,480 |
| Toyota Corolla XLE Sedan 2022 | 36,802,880 |
| Toyota Corolla XLE 2021 | 36,426,880 |
| Toyota Corolla SE 2021 | 36,502,080 |
| Toyota Corolla LE 2021 | 30,486,080 |
| Toyota Corolla SE Manual 2020 | 33,990,400 |
| Toyota Corolla XLE CVT 2020 | 43,766,400 |
| Toyota Corolla LE CVT 2020 | 35,344,000 |
| Toyota Corolla LE ECO 2019 | 29,373,120 |
| Toyota Corolla CE 2019 | 25,116,800 |
| Toyota Corolla SE Manual 2019 | 30,832,000 |
| Toyota Corolla LE | 28,553,440 |
| Toyota Corolla 2.0L SE | 28,124,800 |
| Toyota Corolla 1.6L SE Plus | 28,876,800 |
| Toyota Corolla 1.6L S | 24,665,600 |
| Toyota Corolla X | 24,816,000 |
DATA SOURCE: CCP
Factors Affecting Toyota Corolla Prices in Nigeria
The pricing of Toyota Corolla automobiles in Nigeria is affected by several factors, including the following:
1. Model Year: One of the most important factors in determining the price of a vehicle is the model year. Newer models are more expensive than older ones
2. Mileage: Vehicles with lower mileage are priced higher than those with higher mileage.
3. Condition: Automobiles that are in pristine condition are going to be more expensive than ones that have flaws.
4. Features: The price of the vehicle increases when it is equipped with more advanced equipment such as navigation, a sunroof, and leather seats.
5. The location: The prices differ based on the location, with large cities such as Lagos and Abuja having lower prices due to higher supply and competition among dealers than surrounding areas.
6. Customs Duty: Import charges and taxes have an impact on the prices of used automobiles that are imported from other countries.
Where To Buy Brand New Toyota Corolla In Nigeria?
It is not in every city in Nigeria where you can find Toyota dealers where you can buy brand new Toyota vehicles in Nigeria, these dealers are usually in bigger cities like Lagos, Abuja, and Port Harcourt
Below are some of the biggest Toyota dealers in Nigeria where you can buy brand new Toyota from.
Toyota by CFAO
3 Apapa-Oshodi Express Way, Surulere, Lagos 101241, Lagos
Metropolitan Motors Limited Ogba Ikeja
1/3 Akilo Rd, Ogba, Ikeja 101233, Lagos
Elizade Nigeria Limited
322A Ikorodu-Ososun Rd, Maryland, Lagos 105102, Lagos
Toyota Nigeria Limited
Ikate Elegushi, Ojulari Rd, Kusenla Rd, Lekki Penninsula II, Lekki 106104, Lagos
Toyota Kojo Motors
1649 Moshalashi St, Oke Ira, Lagos 101245, Lagos
Toyota Service Center Isolo
Toyota Bus Stop, Expressway, Ladipo St, Oshodi-Isolo, Lagos 102215, Lagos
Tips for Buying a Toyota Corolla in Nigeria
To ensure you get a good deal on a Toyota Corolla, follow these tips:
Research thoroughly: Compare prices from different sellers and online platforms like JIJI.
Inspect the vehicle: Check for signs of accidents, rust, and mechanical issues. You should be ready to bargain price according to the defects you saw on the vehicle, that is when you are buying a used Toyota Corolla.
Test drive: Assess the car’s performance and handling by driving it around before settling for a price.
Negotiate: Don’t be afraid to haggle for a better price: Bargain the price based on the vehicle’s condition and mileage.
Consider hidden costs: Factor in insurance, registration, and maintenance. Toyota Corolla vehicles are generally reliable, but maintenance costs can add up over time.
Check the documents: Ensure all necessary documents, including the vehicle registration and customs papers, are complete.
Conclusion on: Prices of Toyota Corolla in Nigeria 2024 (Foreign Vs Local Used)
As you have learned about the prices of Toyota Corolla in Nigeria 2024, you will agree that your budget, preference, and risk tolerance will determine whether you choose a foreign or locally Nigerian used Toyota Corolla.
Nigerians continue to flock to the Toyota Corolla, and buying a Toyota Corolla in Nigeria might be a smart move if you take the time to think about the info and costs provided in this post.
Make sure your car-buying experience goes smoothly by inspecting the vehicle, checking the paperwork, negotiating the price, and factoring in the cost of maintenance after purchase.
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