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Ikiodiete George
- 2 Min Read
The Current Cost Of Buying & Selling Keke Napep In Nigeria (2025 Official Guide)
Keke Napep (motorized tricycles) remain a lifeline for urban transport and a dependable investment for enterprising Nigerians. As inflation and exchange rate shifts continue, the market prices for both new and used Keke Napep have adjusted significantly. This 2025 guide breaks down costs for purchase, expected resale value, investment returns, and practical tips for anyone thinking about getting into the Keke trade.
Buying Costs: New vs Used
Brand-New Keke Napep Prices (2025)
|
Brand & Model |
Price Range (₦) |
|
Bajaj (Base/Standard) |
2,800,000 – 3,850,000 |
|
Piaggio (Diesel variant) |
2,550,000 – 2,700,000 |
|
Daylong |
2,500,000 – 2,600,000 |
|
TVS (King / Deluxe) |
2,700,000 – 3,650,000 |
|
Innoson (Local) |
1,900,000 – 2,000,000 |
Secondhand Keke Napep Prices
|
Brand |
Well-Maintained (₦) |
Older / Project Units (₦) |
|
Bajaj |
600,000 – 1,350,000 |
150,000 – 400,000 |
|
Piaggio |
550,000 – 1,350,000 |
150,000 – 400,000 |
|
Daylong |
730,000 – 1,000,000 |
200,000 – 350,000 |
|
TVS |
800,000 – 1,500,000 |
250,000 – 500,000 |
Lower price units often need parts or repair, so inspection is critical.
Selling & Resale Value
- Nearly new units typically resell at 80–90% of purchase price after 6–12 months.
- Well-maintained secondhand units can resell at 90–120% of their purchase cost, depending on location and condition.
- Aged/Needs-Rebuild units resell between 20–40%, mainly to spare-parts buyers or informal mechanics.
- Selling after upgrades (new tyres, fresh paint, engine servicing) can significantly raise value.
What Affects Buying & Selling Price?
- Brand reputation and model
- Vehicle condition, age, mileage
- Local market demand (urban hubs pay more)
- Supply chain & FX impact on parts and pricing
- Customization & servicing quality
Key Considerations Before You Buy
- Purchase from authorized dealers for warranty and documentation.
- Always verify VAT tags, fire safety certificate, and proof of registration (RC).
- (For used units) request service history and assess engine, shock absorption, brakes, steering.
- Understand existing parts availability and the dealer’s after-sales support network.
- Check mileage to estimate depreciation/resale potential.
FAQs on Keke Napep Buying & Selling
Q1: What’s the bare-minimum price for a usable Keke Napep?
A Bajaj or Piaggio model as low as ₦150,000–₦200,000, though expect repair needs. A well-maintained secondhand unit starts from ₦550,000+.
Q2: Can I resell soon after buying?
Yes. Well-maintained used units can fetch 80–120% of purchase value if parts are functional and the unit is clean.
Q3: Is buying a new Keke Napep worth it?
Absolutely—new units offer reliability, warranty, and easier maintenance, though you’ll invest ₦2.5M–₦4M up front.
Q4: Which brand holds value best?
Bajaj and TVS tend to have strong resale value and parts availability. Piaggio is also solid. Innoson is less familiar but competes with price.
Q5: How long does it take to recover capital?
With average fare returns of ₦200,000–₦250,000 per month, you can expect to recoup a ₦1.5M investment in about 8–12 months, faster in high‑traffic areas.
Conclusion
In 2025, Keke Napep remains a valuable asset class with clear opportunities for both operators and traders. New modelscost between ₦2.5M and ₦4M, while secondhand units range from ₦600,000 to ₦1.5M with promising resale outcomes. Careful selection, proper documentation, and understanding market dynamics—especially the 80–120% resale premium and monthly earning potential—can ensure solid returns and growth.
