In a move set to shake up the Nigerian car market, Carlots.ng has launched its revolutionary Car Valuation Tool, aimed at combating the rampant inflation of vehicle prices. This comes at a time when car buyers across Nigeria have voiced frustration over inconsistent and inflated prices driven by fluctuating foreign exchange rates and opportunistic dealers.

The Car Valuation Tool, available for free on the Carlots.ng platform, gives users access to accurate and real-time vehicle pricing information. By simply entering details such as the make, model, year, and condition of the vehicle, users can instantly see a price range based on current market data. Buyers no longer need to rely on inflated dealer prices, and sellers can list their vehicles with confidence, knowing they are providing a fair and competitive offer.

Carlots.ng CEO, Ikwu Onyeka, emphasized that this tool will empower both buyers and sellers to make informed decisions, leveling the playing field in a market that has historically lacked transparency. As Carlots.ng continues its mission to streamline car trading in Nigeria, this latest innovation marks a significant step toward transforming the industry for the better.