Excavator costs in Nigeria reflect three variables that buyers underestimate: (1) the underlying USD machine price from the manufacturer; (2) Nigerian import duties, VAT, and clearing charges (typically adding 25-40% to the landed cost); and (3) FX exposure between order and delivery. We don't publish fixed prices because every quote is configuration- and FX-specific, but here's the framework.
Indicative landed-cost ranges (excluding financing)
| Weight class | Brand tier | Landed Lagos (USD equivalent) |
|---|---|---|
| Mini (2-5t) | Yanmar / Kubota / Bobcat | $45-90k |
| Mini (2-5t) | SANY / Chinese tier | $30-55k |
| Mid (20-25t) | CAT / Komatsu / Volvo | $160-220k |
| Mid (20-25t) | Hyundai / Develon | $130-175k |
| Mid (20-25t) | SANY / XCMG / Hidromek | $95-145k |
| Heavy (35-40t) | CAT / Komatsu / Volvo | $280-380k |
| Heavy (35-40t) | SANY / Chinese tier | $180-260k |
| Mining (70-90t) | CAT / Komatsu / Liebherr | $900k-1.5M |
| Mining (70-90t) | SANY / Chinese tier | $550-850k |
These are ranges, not quotes
Final landed cost depends on exact configuration, FX rate at letter-of-credit opening, and current Nigerian Customs duty rates. Contact us for a binding quote tied to your project timeline.
What drives the price spread within a class
- Brand tier — premium (CAT/Komatsu) vs value (SANY/XCMG) differs 30-45%
- Configuration — long-reach, mining-spec, demolition setups add 15-30%
- Attachments — quick coupler, breaker, ripper, thumb each add $5-25k
- Service contract — multi-year maintenance bundle adds $20-80k upfront
Financing options to spread cost
Most Nigerian excavator purchases over $150k are financed. Major routes: manufacturer-backed credit (SANY Capital, Hyundai Capital, JCB Finance), Nigerian commercial banks (Zenith, GTBank, Access Bank, Stanbic), and lease-to-own structures we offer directly. Indicative terms 24-60 months.