The Nigerian custom service in a bid to gradually digitize the nigeria customs operations and processes has developed an online web application app that simplifies its operating procedure by using scanners and ict softwares. This new system known as the Vin valuation is an automated system that helps in the valuations of used and new vehicles. So if you are importing cars and other vehicles to the country, you would be subjected to this new Vin valuation system.
This vehicle identity number evaluation policy allows clearing agents at all Nigerian port terminal to easily clear their vehicles automatically without any human intervention. The entire process is fully automated including the e-invocing for agents to make payment for custom duty, this will in turn reduce congestions and traffic at the port.
This standardized method of valuation was developed to solve the issue surrounding vehicle importation which is a major import into the country.
Below is the list of prices for clearing various kinds of cars under the new Vin valuation system. The prices are based on the car type, models and year which are gotten from the vin number on the motor vehicles. This is the official list from Nigerian customs.
| EX FACTOR PRICE (VIN/VALUATION) | |||
| TYPES OF VEHICLES | YEAR | SURFACE | TOTAL |
| NISSAN PATHFINDER | 2000/2013 | 484,000 | 1,143,000 |
| NISSAN FRONTIER | 2000/2013 | 435,000 | 1,027,000 |
| NISSAN ROGUE | 2000/2013 | 386,000 | 911,000 |
| M BENZ E CLASS | 2000/2013 | 826,000 | 1,950,000 |
| MITSUBISHI OUTLANDER | 2000/2013 | 345,000 | 815,000 |
| CHEVROLET EXPRESS | 2000/2013 | 657,000 | 1,551,000 |
| CHRYSLER PT CRUISER | 2000/2013 | 229,000 | 541,000 |
| HYUNDAI ACCENT | 2000/2013 | 233,090 | 549,000 |
| HYUNDAI ELANTRA | 2000/2013 | 292,000 | 690,000 |
| HYUNDAI SANTE FE | 2000/2013 | 399,000 | 941,000 |
| HYUNDAI SONATA | 2000/2013 | 335,000 | 790,000 |
| HYUNDAI SONTATA | 2015 | 484,000 | 1,143,000 |
| T/COROLLA | 2000/2013 | 290,000 | 685,000 |
| T/COROLLA | 2014 | 358,000 | 845,000 |
| T/COROLLA | 2015 | 419,000 | 989,000 |
| T/COROLLA | 2020 | 1,076,000 | 2,540,000 |
| T/RAV 4 | 2000/2013 | 396,000 | 935,000 |
| T/RAV 4 | 2014 | 489,000 | 1,155,000 |
| T/RAV 4 | 2015 | 572,000 | 1,350,000 |
| T/RAV 4 | 2016 | 669,000 | 1,579,000 |
| T/RAV 4 | 2017 | 783,000 | 1,847,880 |
| T/VENZA | 2000/2013 | 603,000 | 1,424,000 |
| T/CAMRY | 2000/2013 | 336,000 | 793,000 |
| T/CAMRY | 2014 | 415,000 | 980,000 |
| T/CAMRY | 2015 | 485,000 | 1,145,000 |
| T/CAMRY | 2020 | 1,246,000 | 2,941,000 |
| T/HIGHLANDER | 2000/2013 | 528,000 | 1,247,000 |
| T/HIGHLANDER | 2014 | 652,000 | 1,539,000 |
| T/HIGHLANDER | 2015 | 763,000 | 1,801,000 |
| T/HIGHLANDER | 2018 | 1,357,000 | 3,203,000 |
| T/YARIS | 2015 | 286,000 | 675,000 |
| T/SIENNA | 2000/2013 | 483,000 | 1,140,000 |
| T/SEINNA | 2015 | 698,000 | 1,648,000 |
| T/AVALON | 2014 | 676,000 | 1,596,000 |
| T/TACOMA | 2000/2013 | 398,000 | 940,000 |
| HONDA ACCORD | 2000/2013 | 367,000 | 867,000 |
| HONDA ACCORD | 2014 | 453,000 | 1,070,000 |
| HONDA ACCORD | 2015 | 530,000 | 1,251,000 |
| HONDA ACCORD | 2017 | 725,000 | 1,712,000 |
| HONDA ACCORD | 2020 | 1,360,000 | 3,210,000 |
| ACURA MDX | 2000/2013 | 578,000 | 1,365,000 |
| LEXUS RX350 | 2000/2013 | 674,000 | 1,591,000 |
| LEXUS RX350 | 2014 | 833,000 | 1,966,000 |
| LEXUS RX350 | 2016 | 1,139,000 | 2,689,000 |
| LEXUS ES350 | 2000/2013 | 609,000 | 1,438,000 |
| LEXUS ES350 | 2014 | 752,000 | 1,775,000 |
| LEXUS GS 350 | 2000/2013 | 780,000 | 1,841, 000 |
| LEXUS IS 250 | 2000/2013 | 589,000 | 1,391,000 |
