NIGERIAN CUSTOM

How to Buy Any Car: Do you want to buy a car? Do you know that the Nigerian Customs service also auctions cars? The Nigerian customs e-auction operation is probably the most reliable in the country. For you to be in safe hands when you want to buy any car let the Nigerian customs service handles that for you.Many avenues exist to buy a car in Nigeria, and sale-by-auctions is now one of them. Buying auction cars in Nigeria has never been easier – or riskier.
As the need for mobility grows in urban centers across Nigeria, the demand for vehicles of all types continues to grow.

This demand is partly a consequence of business in Africa’s biggest economy, as well as an indication of a population on the rise, projected to hit 200 million by 2021.
The Nigerian customs e-auction operation is probably the most reliable in the country. Many who have gone this route in Nigeria have come away with varying degrees of satisfaction.

Naturally, there are not so happy tales, especially concerning the infamous number 9 of the site’s terms and conditions.

How Did the Nigerian Customs Office Car Auctioning Begin?
Buy Any Car from Nigerian Customs Office: The Customs Auctions operation began as a way to decongest the Nigerian ports of impounded and not-cleared goods.

These goods, including cars, machinery, food, and many other imports were periodically sold to the public on a highest-bidder basis called auctions.

These auctions were usually pre-announced in newspapers to give the general public adequate fore-knowledge of them. Nigeria Customs auctions, as a rule, were attended eagerly by a wide cross-section of Nigerians.

Many potential shoppers would deliberately hoard cash intended for purchases until these auctions came along.

How Authentic is the Nigerian Customs Services Car Auctioning?
Nigerian Customs Services has fairly regular auctions of impounded cars. Unlike many auction sites, cars sold by the NCS are in easily assessable conditions.

The probability of buying a salvaged vehicle from online auction sites is fairly high. Hence, many prefer to buy from Customs auctions, because the cars auctioned are generally bought for personal use before they faced impoundment.

Many different brands of cars are available at the NCS auctions. Cars are sold on an “as is” basis. The NCS does not offer any kind of guarantee for cars sold through its auctions.

Risks in Buying Auction Cars in Nigeria
Buy Any Car from Nigerian Customs Office: Before buying cars in auctions, make sure you understand its pros and cons. Business is inherently risky, and the serious commerce of buying and selling cars via the auction system is itself not exempt.
Some risks you can encounter in trying to buy fairly used cars for sale in Nigeria through auctions are:

Fake Auction Sites
Many have fallen victim to fake auction sites. Giving your money to a site without some background check is foolhardy. Always do your due diligence.

Fake Customs Agents
It becomes constant news to read about the apprehension of persons impersonating Customs officers to auction off everything from cars to bags of rice.

The NCS does not deal with citizens on a personal basis and all auction activities are routed through the provided web portal.

Wrong Reporting of a Vehicle’s True Condition on Auction Sites
Accidental and salvaged cars form a large part of auctioned vehicles, especially those from overseas. Misrepresentation of a car’s true state can lead to a high bid and loss.

Payment Difficulties
Especially as concerns online auctioning, payment barriers still hinder many Nigerians from effectively engaging in e-commerce. This is seeing some improvement, however.

Lack of Strong Government Regulations for Auction Sales
Due to sale-by-auction being still a developing enterprise solution in Nigeria, there is still no strong legislation to regulate this method of commerce. The Nigerian Association of Auctioneers is currently the only semi-official body that oversees auctioning in Nigeria.

No National Credit System Leading to Poor Auto-Financing
A poor credit structure generally limits access to financing for payments such as auto-purchase.

How to Buy Any Car from Nigerian Custom Office
Following widespread spurious claims by persons who posed as customs agents, set up illegal Customs auctions, and effectively fleeced the unsuspecting public, the NCS (Nigeria Customs Service) decided to set up the Customs e-auction operation.

The website regulates all auction activities of the Nigerian customs service. The following process and notes enable you to participate and claim a car via the Nigeria Customs’ auction system:

Each auction applicant needs to register on the website before bidding. The applicant needs to have a Tax Identification Number (TIN) from the Federal Inland Revenue Service (FIRS). Each applicant must, also, attach an active e-mail address with their registration.
The Applicant then pays a fee of One Thousand Naira (₦1,000) as non-refundable process fees.
The applicant can then place a maximum of two bids for each auctioned item. The highest bidder wins.
Applicants must note that items auctioned are done so on an “as is” basis. That being the case, the NCS does not accommodate requests for replacements of faulty or damaged items. Refunds are also not made by the Nigerian Customs.
See more Requirements
You are expected to pay the full amount of your successful bid no later than 5 working days after the conclusion of the bid process.
Failing to claim the auctioned car by the full payment before the end of the fifth working day automatically results in a loss of the bid. The auctioned item then goes to the number 2 highest bid.
Having paid the full bid amount, you will be given 14 days maximum to take possession of the car. You need to know that additional charges may apply at this point.
For instance, number 8 of the auction site’s terms and conditions state that you may need to pay 25% of your winning bid sum as demurrage and another 25% for the shipping line.
You will automatically forfeit your car if you fail to remove it from the storage premises at the end of 14 days after your bid session.
Cars not removed by the expiration of the deadline once again become NCS property and may undergo another bid session. Funds thus lost are not refundable.

Nigerian Custom Office Required Documents for Car Auctioning
As stated earlier, the NCS specifically warns that “for overtime cargo, the successful bidder shall also pay 25% charges for Shipping Line and Terminal operators respectively”.

Each applicant cannot bid on more than 2 auctioned items for any single bid session. To claim successful, fully paid for auctioned cars, you will need to present the following:

A copy of the paid assessment and bank receipt (this is optional if you made an e-payment).
If the bidder cannot appear himself, a notarized letter is necessary before a proxy can be given the car. You need to make sure your uploaded photo matches your photo ID.
You will need to provide a valid ID, which can be any Driver’s license, International passport, National ID card, or PVC (Permanent Voter’s Card).
Each auction window lasts for two days or Forty-eight hours. All bids must be placed during this period.
Third-party claims shall not be entertained.
Officials and employees of the Nigeria Customs Service may not participate in auctions organized by NCS.
You may not bid for a car or other goods impounded or seized from you by the Nigerian Customs.
You may bid on overtime cargo if you are the owner as long as it has not been cleared out of the premises. In that case, the owner will have priority over any other successful bid.
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