It is no news Davido broke the internet after gifting his girlfriend,Chioma, a Porsche car for her birthday .However, the actual value of the car has been causing controversy .
Some news sources put the value of the car at N45 million, this is nowhere near the case, as the car is clearly a tokunbo vehicle. Even brand new Cayennes can be obtained for less than N45 million, The Herald Ng reports.
According to research conducted by auto aficionado’s, the truck is a 2011 model which retails from about ($25,000) N10 million, exclusive of customs and other charges. The total value of the vehicle is usually less than N20 million. However the trim Davido purchased seems to be full options probably bringing the total value of the car to about N20 million.
Tough still a large sum of money ,it is nowhere near the N45 million that would be spent to obtain a newer model of the vehicle.
Even the 2018 model starts retailing from about $65000 (N24 million) and certainly to get it to Nigeria will still be less than N40 million, depending on how ambitious the car dealer is.
However, that doesn’t take away from the fact that Davido has certainly splurged on the love of his life. Its just not as big a splurge as certain media elements have hyped it to be.
Source – Herald.ng
Emeh Achanga,the CEO of the Miss Petite Nigeria Brand is a lawyer turned blogger. She is very passionate about writing, with several publications and awards to her credit .She is currently working on publishing a collection of short stories which are basically a memoir about her exciting true experiences.