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🔨 IAA
2014 BMW 550I
As-is disclosure (§7)
Auction lots are sold as-is. These facts come straight from the auction house.
Title: CleanDamage: Minimal
Title brand and physical damage are independent. A repossession can be a clean, undamaged car. Both are shown so you can choose your risk knowingly.
- Title
- ORIGINAL
- Primary damage
- Normal wear & tear
- Secondary damage
- —
- Runs & drives
- No
- Keys
- Yes
- Odometer status
- —
Sold as-is, but you don't have to bid blind. Run a vehicle history check to see the full title, odometer and damage record before you commit.
Vehicle
- Mileage
- 118,509 mi
- Body
- Sedan
- Fuel
- Gasoline
- Transmission
- Automatic
- Drivetrain
- All Wheel Drive
- VIN
- •••••••••••692204
- Exterior
- Black
- Interior
- —
- Location
- Dallas/Ft Worth (TX)
Auction vs. buying retail
What 2014 BMW 550I lands at in Lagos if you win it at your ceiling, next to the same car bought outright on the marketplace. Every duty and levy is assessed on the same customs value, so the only difference is the price you pay and the fees on it. Indicative, confirmed exactly when you request the car.
Buying this lot lands about $1,426 under retail
$11,454 landed vs $12,880 the retail route.
At auctionRetail
Acquisition
- Vehicle price
- $2,500
- $4,144
- IAA transaction fee
- $275
- —
- Auction misc fees
- $243
- —
- AFRIKARS auction fee
- $1,200
- —
- AFRIKARS minimum service fee
- —
- $1,500
Shipping & logistics
- Ocean freight
- $1,640
- $1,640
- Inland transport (yard → port)
- $504
- $504
Customs & taxesassessed on estimated NCS value $11,918, the same for both
- Import duty
- $2,384
- $2,384
- NAC levy
- $596
- $596
- Green tax
- $238
- $238
- NCS surcharge
- $167
- $167
- Customs operations charge (4%)
- $477
- $477
- ETLS levy
- $60
- $60
- VAT
- $1,170
- $1,170
Total landed to Lagos$11,454$12,880
₦15,611,802₦17,555,440