AIRTELAFRI₦6,300.00• 0.00%
DANGCEM₦1,066.70• 0.00%
MTNN₦825.00▲ 0.61%
BUAFOODS₦760.60• 0.00%
BUACEMENT₦297.00• 0.00%
SEPLAT₦16,000.10• 0.00%
ARADEL₦1,499.90• 0.00%
FIRSTHOLDCO₦138.00• 0.00%
HBMNG₦355.00• 0.00%
ZENITHBANK₦126.00▼ 1.33%
GTCO₦124.80▼ 2.27%
TRANSCOHOT₦290.50• 0.00%
STANBIC₦160.00▼ 2.14%
PRESCO₦2,045.30• 0.00%
NB₦75.00• 0.00%
NESTLE₦2,750.00• 0.00%
GEREGU₦825.70• 0.00%
UBA₦43.00▼ 0.35%
INTBREW₦10.00▲ 0.50%
ACCESSCORP₦28.50▲ 0.71%
DANGSUGAR₦67.50▲ 0.52%
TRANSPOWER₦178.00• 0.00%
FIDELITYBK₦21.05▲ 4.73%
ETI₦71.40• 0.00%
WEMABANK₦31.00• 0.00%
OKOMUOIL₦1,276.20• 0.00%
GUINNESS₦423.00• 0.00%
FCMB₦10.80▼ 1.82%
UNILEVER₦102.50• 0.00%
UACN₦184.00• 0.00%

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Carlots.ng introduces transparent car valuation tool to combat price inflation in Nigeria

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.
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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.
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