Stepping into the world of luxury sedans in Nigeria often brings one name to mind: the Lexus ES 350. Renowned for its blend of comfort, reliability, and sophisticated design, it’s a popular choice among those seeking a premium driving experience. But if you’re considering this elegant machine, a key question inevitably arises: “How much is Lexus ES 350 in Nigeria?”
The answer, as with many imported vehicles, isn’t a single, fixed figure. The price of a Lexus ES 350 in Nigeria can fluctuate significantly based on several crucial factors, including the model year, the car’s condition (whether it’s brand new, foreign used, or locally used), current exchange rates, and import duties. This blog post aims to demystify the pricing, giving you a clear overview of what to expect when budgeting for your dream Lexus ES 350 in the Nigerian market. Whether you’re eyeing a brand-new 2025 model or a well-maintained pre-owned gem, we’ll break down the factors that influence the cost, helping you make an informed decision.
Factors Influencing the Lexus ES 350 Price in Nigeria
Understanding the final price of a Lexus ES 350 in Nigeria requires considering a few key elements:
- Model Year: Newer models naturally command higher prices due to their updated technology, features, and often, improved fuel efficiency. The latest 2025 Lexus ES 350 will be significantly more expensive than a 2013 or 2016 model.
- Vehicle Condition:
- Brand New: A brand-new Lexus ES 350, fresh from the factory, will be the most expensive option. These cars are often imported directly or through authorized dealerships.
- Foreign Used (“Tokunbo”): These are pre-owned vehicles imported from other countries, typically the United States, Canada, or Europe. Their prices vary based on mileage, overall condition, and specifications. A “clean” foreign used ES 350 will fetch a higher price.
- Locally Used: These are Lexus ES 350s that have already been used and registered within Nigeria. Their prices are generally lower than foreign used models, but condition and maintenance history play a crucial role in determining their value.
- Exchange Rate: Nigeria’s automotive market is heavily influenced by the exchange rate between the Naira and foreign currencies, particularly the US Dollar. Fluctuations in the exchange rate directly impact the cost of importing vehicles, leading to price changes.
- Import Duties and Levies: The Nigerian government imposes various duties and levies on imported vehicles. As of 2025, used and new cars generally attract a 20% import duty and 15% levies. Additionally, there are other charges like a 7% surcharge on import duty, 0.5% ECOWAS Trade Liberalization Scheme (ETLS), and 7.5% Value Added Tax (VAT). These charges add a substantial amount to the vehicle’s landed cost. Shipping and terminal charges, and clearing agent fees, also contribute to the final price.
- Dealership Markup: Car dealers also add their profit margins, which can vary widely depending on the dealership, demand for the specific model, and negotiation.
How Much is Lexus ES 350 in Nigeria
Estimated Price Ranges for Lexus ES 350 in Nigeria (2025)
Please note that these are estimated price ranges and actual prices may vary based on the specific variant, features, and the factors mentioned above.
- Brand New 2025 Lexus ES 350: Expect prices to be in the range of ₦73,000,000 and above. This estimate is based on the US MSRP and current import policies.
- Foreign Used Lexus ES 350 (“Tokunbo”):
- 2020 Model: Approximately ₦61,000,000 – ₦65,000,000
- 2016 Model: Roughly ₦26,500,000 – ₦34,000,000
- 2013-2015 Models: Typically range from ₦21,000,000 – ₦27,000,000
- 2007-2012 Models: Can be found from ₦9,000,000 – ₦16,000,000 depending on condition and mileage.
- Locally Used Lexus ES 350: These generally offer a more budget-friendly option, with prices often starting lower than their foreign used counterparts for similar model years. For instance:
- 2013 Model: Around ₦17,500,000 – ₦24,000,000
- 2007-2010 Models: You might find these in the ₦7,500,000 – ₦14,500,000 range.
Important Note on Pricing: The automotive market in Nigeria is dynamic. It’s highly recommended to consult multiple reputable dealerships, online car marketplaces, and clearing agents for the most up-to-date and accurate pricing. Always factor in additional costs like registration, insurance, and potential maintenance.
Where To Get Lexus ES 350 in Nigeria
1. Authorized Lexus Dealerships (Brand New ES 350)
For those who desire the absolute latest model, complete with a manufacturer’s warranty and the assurance of pristine condition, authorized Lexus dealerships are your primary destination. In Nigeria, prominent players like Globe Motors are known as authorized dealers for the Lexus brand.
Pros:
- Brand New: You get a vehicle with zero mileage, the latest features, and no prior ownership history.
- Warranty and After-Sales Service: Enjoy full manufacturer warranties and access to certified technicians using genuine parts for servicing. This provides significant peace of mind.
- Financing Options: Dealerships often offer structured payment plans or can connect you with financial institutions for car loans.
- Customer Service: Expect a professional buying experience with dedicated sales teams.
Cons:
- Highest Price Point: Brand new Lexus ES 350s come with a premium price tag due to import duties, levies, and dealership markups.
- Limited Availability (Sometimes): Specific configurations or the very latest models might have a waiting period.
Where to Find Them: Look for official showrooms in major cities like Lagos (Victoria Island, Ikeja), Abuja, and Port Harcourt. A quick search for “Lexus Nigeria official dealer” will provide current locations and contact details.
2. Reputable Foreign Used (Tokunbo) Car Dealerships
The foreign used car market, popularly known as “Tokunbo,” is a vibrant and popular segment for luxury vehicles like the Lexus ES 350 in Nigeria. These cars are imported, primarily from the US, Canada, or Europe, and offer a more affordable entry point into Lexus ownership.
Pros:
- Cost-Effective: Significantly cheaper than brand new models, allowing you to acquire a higher trim or newer model year within your budget.
- Wide Variety: A vast selection of model years, specifications, and colors are available.
- Good Condition (Often): Many “tokunbo” vehicles are well-maintained and come with verifiable history reports (like CarFax or AutoCheck), especially from reputable dealers.
Cons:
- Varying Conditions: Quality can differ greatly. Thorough inspection is crucial.
- No Manufacturer Warranty: You won’t have the original factory warranty, though some dealers may offer their own limited warranties.
- Import Documentation: Ensure all customs duties and clearing papers are legitimate and complete to avoid future issues.
Where to Find Them:
- Major Car Markets: Look for established dealerships in areas renowned for car sales, such as:
- Lagos: Berger, Mile 2, Apapa, and numerous independent dealers across the state.
- Abuja: Kubwa Expressway, Apo.
- Port Harcourt: Trans Amadi.
- Online Marketplaces with Dealer Listings: Platforms like Autochek.africa and Betacar.ng (and others that specialize in foreign used vehicles) are excellent resources. They often feature detailed listings, inspection reports, and sometimes even financing options.
Please note: Always request and verify the vehicle’s history report. Consider having an independent mechanic inspect the car before purchase.
3. Online Car Marketplaces (New, Foreign Used & Locally Used)
The digital age has revolutionized car buying, and Nigeria is no exception. Online car marketplaces are excellent platforms for Browse a wide array of Lexus ES 350s, catering to all categories: brand new, foreign used, and locally used.
Pros:
- Convenience: Browse from anywhere, at any time.
- Extensive Inventory: Access to thousands of listings from various sellers (individual owners, small dealers, large dealerships).
- Comparison Shopping: Easily compare prices, features, and conditions across multiple listings.
- Filtering Options: Refine your search by model year, price range, mileage, location, and more.
Cons:
- Scams: Be vigilant against fraudulent listings or misrepresented vehicles.
- Physical Inspection Still Required: Online listings are a starting point; always inspect the car in person before making a commitment.
- No Direct Vetting: Unlike authorized dealerships, the platforms themselves may not directly vet every seller.
Popular Online Car Marketplaces in Nigeria:
- Cars45.com: A well-known platform for both buying and selling cars, including “tokunbo” and locally used options.
- Autochek.africa: Specializes in verified cars, often with financing options and inspection reports.
- Betacar.ng: Another strong contender for foreign used vehicles.
- Jiji.ng, Olx.ng (now merged with Jiji): Classifieds platforms where individuals and smaller dealers list cars. Exercise extra caution here and prioritize physical inspections and escrow services if available.
- Cars.ng: A growing platform with various listings.
Please note: When using online platforms, pay close attention to seller ratings, reviews, and the completeness of the vehicle information. Always arrange a safe meeting point and bring a trusted mechanic for inspection.
4. Direct Importers and Clearing Agents
Some buyers prefer to cut out intermediaries and work directly with importers or clearing agents who can source and clear a Lexus ES 350 from abroad on their behalf.
Pros:
- Potentially Lower Cost: By bypassing traditional dealers, you might save on markups.
- Specific Sourcing: You can specify the exact model year, trim, and features you want directly from the source market.
Cons:
- Higher Risk: This route requires significant trust in your importer/agent, as you’re relying on them for the entire process, including legal documentation and customs clearance.
- Complexity: The process involves understanding import regulations, shipping logistics, and customs procedures.
- No Warranty: Similar to “tokunbo” dealers, you won’t have a manufacturer’s warranty.
Where to Find Them:
- Referrals: The best way to find reliable direct importers and clearing agents is through strong personal recommendations.
- Specialized Logistics Companies: Some logistics companies also offer vehicle importation services.
Please note: If you opt for this route, ensure you have a legally binding agreement with the importer/agent, and clearly define all costs, timelines, and responsibilities.
Conclusion
Ultimately, acquiring a Lexus ES 350 in Nigeria demands thorough research and a keen eye for detail. Always verify a vehicle’s history, perform a comprehensive inspection with a trusted mechanic, and factor in additional costs like registration, insurance, and maintenance. By being well-informed and strategic in your approach, you can navigate the market effectively and drive away in the luxurious Lexus ES 350 that perfectly aligns with your desires and budget.