Nexovico

Public Auctions

Everyday vehicles, open to public bidding — no dealer license required.

No vehicles listed here right now — new listings go live as soon as they clear review.

Auction Requirements

Public Auction Requirements

  • ₦5,000 registration fee to collect your bidder ID
  • Minimum age of participation: 21 years
  • Buyer's fee: 2.75%
  • A valid driver's license and NIN are required
  • Refundable deposit of ₦2.5 million (refunded 24 hours after the auction)
  • A verifiable telephone number and bank account are required
  • Auctions run every Saturday, 9am to 12pm

General Requirements

  • Sold vehicles must be picked up from the vehicle location/warehouse between 8am and 7pm, Monday to Friday (non-negotiable), or 10am to 4pm on Saturday.
  • All vehicles listed for sale must have complete, verifiable customs documentation before listing.
  • Unsold vehicles must be removed from the premises within 72 hours, after which a daily storage fee of ₦5,000 applies.
  • Payment for a won vehicle is due within 48 hours of the auction closing — a late payment fee of ₦15,000 applies after that.
  • Vehicle registration is valid for 12 months, after which re-registration is required.
  • Vehicles cannot be picked up without a printed copy of your gate pass.

Delivery companies are not owned by Nexovico. Any arrangement made with a delivery company is at your own risk.