Steps to buy your car from USA and ship
1. Register with a car auction website or search on a car listing website:
The first step is to decide if you want to buy from a car listing website like cars.com and autotrader.com or you want to buy from online car auctions like copart.com and iaai.com. If you are buying from cars.com or autotrader.com, all you need to do is search for the car of your choice. Don’t buy from private sellers if you don’t have someone you really trust who will go pay for and pick up the car on your behalf. It’s better to buy from the dealerships especially those that are LLC (Limited Liability Company) with good reviews. If you are buying from the dealerships, you can call them to make enquiries and seal the deal; jump to point 5.
At this point, you really need to shine your eyes. This is where most people make mistakes as they fall in love with a car that looks spotless in picture. Thereby ignoring the fact that the vehicle narration states that it has had a front end accident. You may not see the front damage in the picture because the car may have been partially repaired by the insurance company before putting it up for bid. Hence, you have to pay attention to every single detail and don’t just look at a car on the surface.
Well, some car dealers in Nigeria don’t pay attention to details because they prefer to buy the scrappy accidented cars which are cheaper and they come fix them here. Make sure you do a Vehicle History/VIN check before you proceed to buy a car you believe you need to know more about. You can also engage the service of independent inspectors who would do a thorough inspection of the vehicle on your behalf. This inspection service comes at a cost of about $90.
4. Buy your car:
Some cars are listed as buy it now which means you can buy them at the displayed price immediately you spot them. However, other cars can only be purchased at a predetermined bid date. So you have to wait for that date and time to join the bid room (See video of Nigerians in the bid room).
When I get to this stage, I always pray this our Naija internet does not mess me up. I dumped Swift Network for Smile and dumped Smile network for Spectranet. Now, I use FiberOne and MTN as they are the best for my current location.
5. Pay for your car:
Bank wire transfer and debit/credit card are the 2 main options you can use to make your payment. The card payment is faster and cheaper, however, you’ll be restricted by maximum card limits and declined transactions on most Nigerian cards. Therefore, you are probably left with just the wire transfer. Buy dollar from the black market and send through your bank dollar account.
Furthermore, you have to initiate the transfer of the money as soon as possible so the dealer does not sell the car to another buyer. You also need to ensure you pay into their company account. No delay is also tolerated if you buy from the auction companies because you will be charged a penalty of $50 to $100 if the auction companies don’t get your money within 2-3 business days. Immediately they receive the money, they credit your car auction online account with the same amount. Hence, your payment for the car in processed and voila! the car is yours.
6. Ship your car from USA:
At this point, you or your shipping agent in USA will arrange a tow truck or flat bed to pick up the car and deliver at the closest US seaport. This cost may be as low as $100 and it may be as high as $2,500 if you buy your car in a state that is far away from the seaports on the east coast.