In the wake of the dwindling economy and overall scarcity of funds and resources several austerity measures are been taken by big organizations and individuals alike in order to cut down costs in all spheres, this has led to belt-tightening policies that would ensure that the cost of living for individuals and operations cost for organizations are reduced to an appreciable minimum.
Let's look at how this affects the automotive industry and indeed our buying choice when it comes to cars, Nigerians are known for their high taste when it comes to cars and
fashion but our focus here has to do with cars, it's no news now that Nigerians seem to settle for the Popular Japanese product Toyota as a flagship car brand nationwide little wonder the brand has been adopted by many government and private parastatals today.
The hike in foreign exchange has definitely spiked up the cost of goods and services nationwide including the nation's number one official car brand Toyota, in the wake of this anomaly these three car brands can as well come in handy just in case you do not have enough funds for your regular Toyota.
KIA
Kia has come to reckon with the populace especially with the increase in the price of the Toyota brand, before now the Kia brand had been labeled inappropriate for not meeting the standards already set by existing brands, but a little tweak in design and engineering has endeared the Kia brand to the people once again., its affordable price range and improved design and overall performance has made it the first alternative to the now expensive Toyota brand.
Kia,s popular brands include the Rio, Sedona, Sorento, Optima, and Soul to mention but a few, one aspect it's yet to venture into is the pickup segment.
Dealers in Nigeria Include, Kia Motors Nigeria Ltd, Dana Motors, Kojo Motors, etc.
HYUNDAI
Top Korean car manufacturer Hyundai has also grown in leaps and bounds in popularity, asides from the high cost of service parts which in a way affects overall maintenance costs Hyundai has proven to be a worthy alternative to the now exclusive Toyota brand.
Hyundai can boast of several reliable models, like the Santa Fe, Tucson, Accent, Sonata, Elantra, etc.
Major dealers in Nigeria include Hyundai Motors Nigeria limited with other sub-dealers like Globe Motors etc.
FORD
Ford is one brand that is gradually creeping into the system, one sour side with Ford's prominence is its slightly high fuel consumption rate given its origin as an American product, a good positive of the ford brand is the high availability of maintenance parts nationwide, asides all of this ford is also one brand that offers a wide range of selections from its saloon cars to the light duty pick up trucks it maintains its class all the way.
Ford's wide range of models includes the Escape, Focus, Explorer, Fusion, Galaxy, and a host of others, Ford dealers in Nigeria include Briscoe Ford, and Coscharis Motors as the main authorized dealers in Nigeria with these other sub-dealers.