Prices of Toyota RAV4 in Nigeria in 2024 keep going up due to the devaluation of the Naira to the dollar, high import duties, and general inflation being currently experienced in the country.
The Toyota RAV4 is a popular SUV in Nigeria and it is known for its reliability, durability, relative affordability, and impressive performance.
In Nigeria, the demand for this vehicle is high, and many car buyers are often faced with the decision of choosing between a foreign-used (Tokunbo) and a Nigeria-used RAV4.
This post will provide an up-to-date price list of the Toyota RAV4 in Nigeria, comparing the prices of foreign-used and Nigeria-used models.
Also read: Prices of Toyota Camry in Nigeria 2024 (Foreign Vs Local Used)
How Much Is The Toyota RAV4 In Nigerian Currency?
Toyota RAV4 can cost anything from N8,000,000 to N60,000,000 depending on the model you are buying, the condition of the SUV (foreign or Nigerian used), and your location.
Current Prices of Foreign Used Toyota RAV4 in Nigeria 2024
In July 2024, the prices of foreign-used Toyota RAV4s in Nigeria vary based on the model year, condition, and import duties.
See below a detailed breakdown of the prices of various models of foreign Tokunbo Toyota Rav4 in Nigeria:
| MODEL/YEAR OF TOYOTA RAV4 | PRICE (NGN) |
| Toyota RAV4 2003 | ₦ 7,000,000 – ₦ 8,000,000 |
| Toyota RAV4 2005 | ₦ 7,000,000 – ₦ 8,000,000 |
| Toyota RAV4 2006 | ₦ 8,000,000 – ₦ 9,000,000 |
| Toyota RAV4 2008 | ₦ 9,000,000 – ₦ 11,000,000 |
| Toyota RAV4 2010 | ₦ 10,000,000 – ₦ 12,000,000 |
| Toyota RAV4 2012 | ₦ 15,000,000 – ₦ 18,000,000 |
| Toyota RAV4 2014 | ₦ 18,000,000 – ₦ 22,000,000 |
| Toyota RAV4 2015 | ₦ 20,000,000 – ₦ 22,000,000 |
| Toyota RAV4 2018 | ₦ 20,000,000 – ₦ 24,000,000 |
| Toyota RAV4 2019 | ₦ 22,000,000 – ₦ 25,000,000 |
| Toyota RAV4 2020 | ₦ 35,000,000 – ₦ 38,000,000 |
| Toyota RAV4 2022 | ₦ 35,000,000 – ₦ 40,000,000 |
Current Prices of Nigeria Used Toyota RAV4 in 2024
Nigeria used Toyota RAV4s are used cars that have been owned and driven in Nigeria before.
Even though they are usually less expensive, their condition can be very different based on how well they have been taken care of.
Nigerian used Toyota RAV4 prices are affected by things like the car’s mileage, the year it was made, and its repair history.
Here’s a full breakdown of how much Nigerian used Toyota Rav4 cost as of July 2024
From 2003 to 2007 Toyota RAV4: ₦4,000,000 – ₦8,000,000
From 2010 to 2012 Toyota RAV4: ₦7,000,000 – ₦10,000,000
From 2014 to 2018 Toyota RAV4: ₦12,000,000 – ₦15,000,000
From 2019 to 2021 Toyota RAV4: ₦15,000,000 – ₦25,000,000
It can be cheaper to buy a Nigerian or locally used Toyota RAV4 in Nigeria, but you need to carefully check the car’s mechanical state and service history to avoid having to pay for expensive repairs in the future.
Factors Influencing the Prices of Toyota RAV4 in Nigeria
The prices of foreign used Toyota RAV4s and locally used RAV4 are affected by several factors. Knowing about these elements can help you make better decisions.
1. Model Year
The price of a car depends a lot on the year it was manufactured. More modern features and better gas mileage are common in newer models, which is why they cost more.
2. Condition and Mileage
The car’s general condition and mileage are very important to the price of RAV4. Vehicles with low mileage and excellent condition cost more. It’s important to make sure that the odometer number is correct and to look over the car for any signs of damage.
3. Duties and taxes on imports
Import fees and taxes have a big effect on the final price of used cars imported from abroad. These prices may change based on the government’s regulations, the age and size of the vehicle’s engine, and other factors.
4. The Supply and Demand
Prices are also affected by changes in market demand and supply. When there aren’t enough Toyota RAV4s to go around, costs can go up. When the demand of RAV4 as it is currently, it pushes the price upward. Some SUVs are in less demand which will force the prices downward.
5. Currency Exchange Rates
The cost of importing cars is affected by changes in foreign exchange rates. When the naira falls against the dollar, as is currently the case, the prices of used Toyota RAV4 and other vehicles go up
Pros and Cons: Foreign Used vs. Nigeria Used Toyota RAV4
It’s important to think about the pros and cons of both buying a foreign used Toyota RAV4 and buying one used in Nigeria.
Pros of Foreign Used Toyota RAV4
- Better Maintenance: Generally better maintained with a detailed service history.
- Higher Quality: Often in better condition due to stricter regulations abroad like insurance and weather conditions that they were used.
- Latest Features: More likely to have the latest features and technology that are working
- Low Mileage: They usually have low mileage which means that they were barely used and you will still have longer years ahead for the engine to last you
Cons of Foreign Used Toyota RAV4
- Higher Price: More expensive due to import duties and taxes imposed on these vehicles during imputation.
- Longer Acquisition Process: Takes time to import and clear through customs, sometimes you may have to wait for months if you are buying directly from overseas.
Pros of Nigeria Used Toyota RAV4
- Lower Price: They are more affordable compared to foreign used models.
- Immediate Availability: They are readily available for inspection and purchase unlike foreign used ones, you may have to wait over a period.
- Less Import Hassle: You do not need to deal with import duties and customs clearing processes or first-time registration.
Cons of Nigeria Used Toyota RAV4
- Varied Condition: The condition can be inconsistent and might require more repairs and high maintenance costs.
- Faulty Features: The features that came with the vehicle may be faulty or lack the latest features found in newer models.
- High Mileage: Their mileage is usually high, which means they have been overused and you may need an engine change in the near future.
How Much Is A Brand New RAV?
The cost of a brand new Toyota RAV4 depends on the Model year of the RAV4 you are buying.
Below is the price list for various Toyota RAV4 models as captured by CCarPrice.
| MODEL YEAR OF TOYOTA RAV4 | AMOUNT (NGN) |
| Toyota RAV4 2024 | 45,120,000 |
| Toyota RAV4 Hybrid 2024 | 47,706,880 |
| Toyota RAV4 Hybrid XLE 2024 | 49,601,920 |
| Toyota RAV4 Limited 2024 | 55,317,120 |
| Toyota RAV4 LE 2024 | 42,818,880 |
| Toyota RAV4 Limited 2023 | 54,565,120 |
| Toyota RAV4 LE AWD 2023 | 43,570,880 |
| Toyota RAV4 XLE AWD 2023 | 45,849,440 |
| Toyota RAV4 2022 | 39,480,000 |
| Toyota RAV4 Venza LE 2022 | 49,466,560 |
| Toyota RAV4 XLE Premium 2022 | 46,443,520 |
| Toyota RAV4 Limited 2022 | 52,677,600 |
| Toyota RAV4 XLE AWD 2021 | 43,224,960 |
| Toyota RAV4 LE AWD 2021 | 41,284,800 |
| Toyota RAV4 LE AWD 2019 | 46,022,000 |
| Toyota RAV4 2.5 L (EX) | 35,344,000 |
| Toyota RAV 4 EX | 34,592,000 |
Tips for Buying a Toyota RAV4 in Nigeria
Take into consideration the following tips to ensure that you make the best possible purchase decision:
1. Carry out Extensive Research first.
Conduct research on used Toyota RAV4 models from both overseas and domestic sources. Price comparisons, reading reviews, and familiarity with the typical problems that are linked with each model year are all important.
2. Conduct a thorough inspection of the vehicle
Whether you are purchasing a used automobile from a foreign country or a local dealer, it is essential to perform a comprehensive inspection. Check for any indications of accidents or rust, and make sure that all of the functions are operating as they should.
3. Documentation should be checked.
You need to make sure that all of the relevant documents are in order, such as the registration of the vehicle, its service history, and the customs papers for used automobiles from other countries.
4. Test Drive
To evaluate the vehicle’s performance, you should always test-drive it. Be sure to pay attention to the sound of the engine, the smoothness of the transmission, and the overall driving experience.
5. Seek the advice of a mechanic.
Request that the vehicle be inspected by a reliable mechanic if at all feasible. They can provide a professional evaluation of its condition as well as an estimate of the prospective expenditures of future repairs.
Recommended for you: Prices of Toyota Corolla in Nigeria 2024 (Foreign Vs Local Used)
Conclusion on: Prices of Toyota RAV4 in Nigeria 2024 (Foreign Vs Nigeria Used)
When looking to buy a Toyota RAV4 in Nigeria in 2024, knowing the current Prices of Toyota RAV4 is important, which you have learned here, other things to think about are the vehicle’s history, and condition.
If you want to be sure you get the most out of your money, whether you buy a locally used RAV4 model from Nigeria, a foreign used or you have the budget to go for a brand new Toyota RAV4, ensure you do your homework first.
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