In Nigeria, ?tokunbo? is referred to as fairly-used or second-hand vehicles imported from countries like the United States, Canada, or parts of Europe. These cars are typically more affordable than brand-new ones and often come in better condition than locally used options.

If you?re in the market for a car today, your budget matters more than ever:

N2 million to N3 million: You?ll need patience and a good dose of luck to land a decent deal.

N5 million and above: You?re in a comfortable position. Expect a wider range of quality options.

N3?N5 million: It?s a tight spot, but not hopeless. While your choices are limited, there are still some solid buys out there.

Here are the 10 reliable tokunbo cars that fall within the N3?N5 million range.

1. Toyota Solara (2003?2004) ? The Sporty Coupe

Engine Options: 2.4L 4-cylinder or 3.3L V6

Fuel Type: Petrol

Transmission: Automatic

Fuel Economy: ~9-10 km/l

This car has a stylish 2-door design, a reliable Toyota engine with convertible option. It is perfect for those who want Camry reliability with a sporty twist. It shares most of its parts with the Camry, so repairs and maintenance are not hard in Nigeria. The V6 version gives more power, while the 4-cylinder keeps it fuel-efficient. Make sure the leather seats and interior trims haven?t suffered from sun damage, which is common in Nigeria?s hot climate.

2. Hyundai Santa Fe (2004)

Engine Options: 2.4L 4-cylinder or 2.7L V6

Fuel Type: Petrol

Transmission: Automatic/Manual

Fuel Economy: ~10-11 km/l

This is an affordable entry into the SUV world. This car is a stylish Korean SUV with a comfortable cabin and decent performance. Early models lacked a V6 engine, but later ones came fully equipped. It?s comfortable, stylish in its own way, and decent for family use or light travel. Just be cautious, some models come with electrical issues. When you are about to buy this car, watch out especially for this.

3. Nissan Micra (2002)

Engine: 1.0L or 1.4L 4-cylinder

Fuel Type: Petrol

Transmission: Manual (mostly)

Fuel Economy: ~14-16 km/l

With the high price of fuel, this car is perfect because of its excellent fuel economy. The 2002 Micra is a favourite among drivers because of its compact size and strong engine. It?s easy to park and reliable. Most of them are Tokunbo, but you can find Nigerian-used ones in great condition. It?s ideal for transporters, especially in Ibadan, and small business owners. It is also best for school runs and short-distance errands. With how old this car is, you would think this car should cost N2m.

4. Honda Civic (iRobot ? 2006?2011)

Engine: 1.8L or 2.0L i-VTEC

Fuel Type: Petrol

Transmission: Automatic/Manual

Fuel Economy: ~11-13 km/l

You should buy this car because it has a stylish, reliable, and futuristic interior. It was nicknamed ?iRobot? because of its space-age dashboard design. This Civic generation is a favourite in Nigeria for good reason. It?s strong, agile, and durable. The digital speedometer and smooth ride make it a joy to drive. When you are about to buy this car, look out for transmission issues in poorly maintained units and stick to low-mileage models.

5. Toyota Camry (2002?2006) ? ?Big Daddy?

Engine: 2.4L 4-cylinder

Fuel Type: Petrol

Transmission: Automatic

Fuel Economy: ~10-12 km/l

This car is reliable, has cheap parts, and is great for long-distance travel. It is popularly known as ?Big Daddy? or ?Big for Nothing.? This Camry is a legend. It may look large, but it handles like a sedan and runs like a champ. Used heavily by transporters and working professionals alike. It is best for ride-hailing businesses and family rides.

6. Hyundai Accent (2006)

Engine: 1.4L or 1.6L

Fuel Type: Petrol

Transmission: Manual/Automatic

Fuel Economy: ~14-16 km/l

This is an extremely fuel-efficient car with a smooth ride. Believe it or not, the 2006 Accent is more expensive now in the used market than when it launched. That?s how much people value its fuel economy. It?s perfect for everyday commutes and can run on low fuel budgets. However, it is not ideal for big families or those who travel with a lot of luggage.

7. BMW E46 (1998?2005)

Engine Options: 2.5L, 2.8L, 3.0L Inline-6

Fuel Type: Petrol

Transmission: Manual/Automatic

Fuel Economy: ~9-11 km/l

The E46 is a beloved compact luxury sedan. It?s classy, sporty, and gives that signature German feel. If well-maintained, it?s a joy to drive. The biggest challenge is its maintenance. You?ll need a good mechanic and a budget for premium parts. It?s best found in Northern Nigeria (Kano, Kaduna), less corrosion due to the drier climate.

8. Honda Pilot (2004?2005)

Engine: 3.5L V6

Fuel Type: Petrol

Transmission: Automatic

Fuel Economy: ~9-11 km/l

The Pilot is spacious, comfortable, and functional. It?s great for large families or logistics use. However, it?s a bit thirsty when it comes to fuel. Also, watch out for oil consumption and worn-out suspension on high-mileage units. It has three rows of seats and is great for road trips. Just stick to one with a clean maintenance history.

9. Danfo (Commercial Bus)

Engine: 2.0L or 2.4L (Depending on model)

Fuel Type: Petrol/Diesel

Transmission: Manual

Fuel Economy: Variable

A Danfo bus is a business. This car used to be less than N3m at some point, but the new cost now is between N3.4M and N3.6M. It is a smart investment for anyone entering the transport business. It has a high-income potential and is practical for commercial use. When you are buying, budget for rebranding and minor body repairs.

10. Mazda Tribute (2004?2005)

Engine: 2.3L or 3.0L V6

Fuel Type: Petrol

Transmission: Automatic

Fuel Economy: ~9-11 km/l

Mazda?s Tribute was often overlooked but offers good value in the Nigerian market. It?s essentially a Ford Escape in Mazda skin, meaning cheap and available parts. It?s a practical option if you want an SUV but can?t afford a RAV4 or CR-V. It also shares components with the Ford Escape. It is rugged and roomy. (The Nation)

Update news