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Car ownership: Top five luxury cars under ₦20m you can buy in Nigeria

David Ijaseun by David Ijaseun
September 16, 2025
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Car ownership in Nigeria is becoming more expensive, with average mid-size luxury sedans climbing over 25% in two years. Popular models like the Lexus ES350 and Mercedes-Benz E350 dominate the market, but their predictability has left many buyers craving something different.

For young professionals and families with discerning tastes, the search for vehicles that blend uniqueness, comfort, and durability has never been more urgent. However, uncommon models priced between ₦15m and ₦20m are now offering Nigerians a chance to stand out without overspending. From the sleek Hyundai Sonata 2017 to the sporty Toyota Camry XSE and the refined Honda Accord Touring, these cars deliver the right balance of style, comfort, and reliability.

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The following five picks highlight models that deliver premium appeal while staying below the ₦20 million mark:

  1. Hyundai Sonata 2017 (₦17m): Refined styling, panoramic sunroof, and a reliable 2.4L engine for city and highway use.
  2. Toyota Camry 2016 XSE (₦19.5m): Sporty design, optional V6 engine, and suspension tuned for excitement without losing comfort.
  3. Honda Accord 2016 Touring (₦18.5m): Elegant interior with dual screens, advanced driver-assist, and strong V6 performance.
  4. Toyota Corolla 2017 (₦14.5m): Affordable durability, bold redesign, and unmatched fuel economy for daily commuting.
  5. Mercedes-Benz W204 C350 2014 (₦18m): Luxury meets thrill, with a 302hp V6, paddle shifters, and a sport-focused cockpit.

Read more on Carloha unveils Chery Tiggo 9 with 6-6-7 care package for Nigerians

Tags: carscars in NigeriaHeadlineLuxury carsNigeriaused cars

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  • More than 100 million Americans are trapped in $1.6T car debt, larger than Saudi Arabia’s economy
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