2025 Chery Omoda 5True Cost of Ownership in Nigeria
147 hp turbocharged inline-4, popular Chinese compact SUV — 2025 Chery Omoda 5. Full cost breakdown including import duty (35%), VAT (7.5%), insurance, fuel at ₦0.55/L, maintenance, and depreciation.
Purchase Price
$32K
Base: $22K
Annual Total
$7K
Insurance + fuel + maintenance
Import Duty
$8K
35% of base price
VAT
$2K
7.5% applied
Annual Insurance
$550
Avg for this country
5-Year Total
$66K
Purchase + 5yr running costs
2025 Chery Omoda 5 — Full Cost Breakdown in Nigeria
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $22K |
| Import Duty (35%) | $8K |
| VAT / Sales Tax (7.5%) | $2K |
| Total Purchase Price | $32K |
| Annual Insurance | $550 |
| Annual Fuel Cost | $660 |
| Annual Maintenance | $550 |
| Annual Depreciation | $5K |
| Registration & Road Tax | $250 |
| Total Annual Running Cost | $7K |
| 5-Year Total Cost of Ownership | $66K |
| Cost Per Kilometer | $0.457 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Chery Omoda 5 Fuel Cost Calculator — Nigeria
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$660
USD equivalent
Monthly Fuel Cost
$55
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$4.40
8L × ₦0.55
Chery Omoda 5 Depreciation Curve
The Chery Omoda 5 loses approximately $12K (54%) of its value over 5 years.
Year-by-Year Value
| New | $22K | 100% |
| Year 1 | $17K | 78% |
| Year 2 | $15K | 67% |
| Year 3 | $13K | 58% |
| Year 4 | $11K | 51% |
| Year 5 | $10K | 46% |
Depreciation based on mid-range segment averages.
Chery Omoda 5 vs. Competitors in Nigeria
How does the Chery Omoda 5 compare to similar cars available in Nigeria?
Chery
Omoda 5
Base Price
$22K
Annual Cost in Nigeria
$7K
Toyota
Camry
Base Price
$28K
Annual Cost in Nigeria
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Nigeria
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Nigeria
$7K
Annual costs estimated for Nigeria market. Import duty (35%) and VAT (7.5%) applied to all models.
🇳🇬 Owning a Car in Nigeria
Low fuel cost but poor road infrastructure.
Very Expensive for Nigeria
Annual car costs = 311% of average Nigeria income ($2K/yr)
Average Annual Income
$2K
In Nigeria
Fuel Price
₦0.55/L
Gasoline dominant
Avg Car Insurance
$550
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
7.5%
Applied at purchase
Driving Side
Right-hand
Africa
Popular Car Brands in Nigeria
Chery Omoda 5 in Nigeria — Frequently Asked Questions
Common questions about owning a Chery Omoda 5 in Nigeria.
The 2025 Chery Omoda 5 has a base price of $22,000 USD. In Nigeria, after 35% import duty and 7.5% VAT, the total purchase price is approximately $31,928 USD (₦31,928 NGN).