HabbyFX Car Collection: A Deep Dive into the Garage of Nigeria’s “Billionaire” Forex Trader

If you follow the Nigerian forex space, you’ve definitely heard the name HabbyFX.

You might know him as the calm, collected mentor teaching thousands of youths how to trade, or maybe you’ve seen him on Instagram, living the kind of life that makes you scream, “God when?”

Beyond trading charts and social media clips, there is a growing public fascination with the cars he drives, the lifestyle he lives, and what those choices represent in today’s Nigeria.

For many young Nigerians, the phrase HabbyFX car has become shorthand for success achieved through discipline, branding, and smart positioning in the forex world. His garage is not just about horsepower and luxury badges. It is a statement. It reflects ambition, taste, and the realities of owning premium cars in Nigeria.

This report takes a grounded look at HabbyFX’s known and rumoured car collection, estimated prices in the Nigerian market, and how his lifestyle fits into the broader culture of wealth display and influence in Nigeria.

Who is HabbyFX?

Before we jump into the engines and horsepower, let’s clear the air on the man behind the wheel.

HabbyFX (real name Damilare Ogundare) is one of Nigeria’s most prominent forex traders and mentors. He is the founder of the Habby Forex Trading Academy, a platform where he teaches students how to navigate the volatile foreign exchange market.

Unlike many “audio” billionaires who only talk the talk, HabbyFX has built a reputation for transparency. He often shares his wins, his losses, and yes, his heavy purchases. He has become a symbol of what is possible for the modern Nigerian youth: turning digital skills into tangible luxury.

And nothing says “tangible luxury” quite like a roaring V8 engine on the streets of Lekki.

The interest in HabbyFX car choices is tied to three things:

• Aspirational value for young Nigerians
• Proof of success in a high-risk industry like forex
• The cultural importance of cars as status symbols

Overview of HabbyFX Car Collection

While HabbyFX does not always publicly list every car he owns, social media appearances, public sightings, and industry chatter give a fairly clear picture of his taste. His collection leans heavily toward luxury SUVs and high-end sedans that suit Nigerian roads and lifestyle demands.

Core Themes in His Garage

Before diving into specific models, it is important to understand the pattern behind the cars associated with HabbyFX.

• Preference for comfort over extreme sports cars
• Vehicles that combine luxury with road presence
• Brands with strong resale value in Nigeria
• Cars that align with the executive and influencer image

This approach makes sense in a country where potholes, traffic, and fuel quality are daily realities.

Yesterday, the internet went into a frenzy when Polanco Exotic Cars, one of Lagos’s premier luxury auto dealers, announced Habby’s latest acquisition. And no, it wasn’t another Benz. It wasn’t even a “regular” supercar.

It was a Ferrari SF90 Spyder.

For those tracking the HabbyFX car progression, this purchase marks a shift from “rich forex trader” to “automotive royalty.” Damilare isn’t just buying cars anymore; he is curating a museum of modern engineering.

In this deep, comprehensive report, we are stripping down the specs, the prices, and the sheer audacity of HabbyFX’s garage. What does it cost to drive like the biggest forex mentor in Africa? Let’s find out.

The Breaking News: The ₦1.5 Billion Ferrari SF90 Spyder

Let’s start with the elephant (or rather, the Prancing Horse) in the room.

Yesterday’s announcement by Polanco Exotic Cars wasn’t just a delivery; it was a statement. The Ferrari SF90 Spyder is not a car you see every day on the Lekki-Epe Expressway. In fact, it is arguably one of the most technologically advanced machines Ferrari has ever built.

• The Price Tag: Reportedly ₦1.5 Billion.
• Why It’s Insane: This is Ferrari’s first series-production Plug-in Hybrid Electric Vehicle (PHEV) convertible. It combines a massive V8 turbo engine with three electric motors to produce 986 horsepower.
• The Flex: To own an SF90 in Nigeria requires more than just money; it requires the guts to drive a car that sits inches off the ground on Lagos roads. This purchase cements Damilare Ogundare’s status as the current King of the Nigerian Forex road.

The “Alien” on Wheels: The Branded Tesla Cybertruck

Before the Ferrari, there was the Cybertruck. When Elon Musk released this stainless steel beast, everyone wondered who would be the first in Nigeria to brave it.

HabbyFX didn’t just buy one; he branded it.

The Tesla Cybertruck is one of the most polarising vehicles in history, and spotting Habby’s unit in Lagos is like seeing a UFO.

• Estimated Price: ₦300 Million – ₦450 Million (depending on the trim and current clearing costs).
• The Look: Its angular, bullet-proof stainless steel body makes it look like a prop from a sci-fi movie. Habby often uses this truck for promotional runs, and frankly, it works. You literally cannot miss it.
• Why He Bought It: It screams innovation. As a forex mentor teaching digital skills, driving a fully electric, futuristic truck aligns perfectly with his brand message: “The future is here, and I’m already driving it.”

The Executive Suite: Rolls Royce Cullinan

You cannot claim to be a billionaire in Nigeria without a Rolls Royce. It is the unwritten rule of the “Big Boys” club.

HabbyFX’s Rolls Royce Cullinan is the crown jewel of luxury in his fleet. This is the car he uses when speed isn’t the priority, status is. We recently saw the power of this machine when he pulled up with music mogul Don Jazzy, creating a scene that flooded Instagram feeds instantly.

• Estimated Price: ₦600 Million – ₦850 Million.
• The Vibe: The Cullinan is the “boss” car. It features the famous “Starlight Headliner” (a ceiling filled with fibre-optic lights to mimic the night sky) and a suspension system that makes Nigerian potholes feel like clouds.
• The Don Jazzy Connection: Pulling up with Don Jazzy in a Cullinan sends a clear message: Forex money isn’t “audio money.” It plays in the same league as the biggest entertainment moguls in the country.

The Speed Demons: Audi R8 & Modified Lamborghini Urus

If the Cullinan is for business and the Cybertruck is for show, these next two are for pure adrenaline.

1. The 2023 Audi R8 V10 Spyder

HabbyFX has a soft spot for German engineering. The Audi R8 is often called the “everyday supercar,” but don’t let that fool you. It shares the same V10 engine as the Lamborghini Huracán.

• Estimated Price: ₦200 Million – ₦280 Million.
• The Sound: The V10 scream of an R8 is distinct. It is loud, aggressive, and turns heads from three streets away. Damilare is frequently seen cruising this on weekends, likely enjoying the open-top experience.

2. The Modified Lamborghini Urus (THYILIEER Edition)

Every rich kid in Lagos has a Urus, so how do you stand out? You modify it.

HabbyFX’s 2023 Lamborghini Urus isn’t stock. It has been modified by THYILIEER, giving it a custom, aggressive look that separates it from the “regular” Urus crowd.

• Estimated Price (Stock + Mods): ₦450 Million – ₦600 Million.
• The Mods: While specific details of the THYILIEER kit are exclusive, modifications usually involve carbon fibre hoods, wider body kits, and custom exhaust systems that make the car sound like a thunderstorm.
• Performance: It’s a Super SUV. It launches like a rocket and handles like a sedan, making it perfect for manoeuvring through Lagos traffic with intimidation tactics.

The Real Cost of Owning These Cars in Nigeria: It’s Not Just “God When”

We’ve all seen the flashy Instagram videos, the revving engines, the immaculate interiors, and the “God When” comments flooding the timeline. But here is the part of the story most people ignore: The Maintenance Bill.

Owning a luxury car in Nigeria is an extreme sport. Between the unforgiving potholes, the questionable fuel quality, and the humidity, keeping machines like a Ferrari SF90 or a Rolls Royce Cullinan in top shape costs more than the annual salary of most CEOs.

If you are wondering what it actually costs to run HabbyFX’s garage, brace yourself. We’ve crunched the numbers.

1. The “Pothole Tax” (Tyres & Suspension)

In Europe, a set of tyres on a Lamborghini Urus might last 10,000 miles. In Lagos? You are praying for 3,000.

• The Problem: The Lamborghini Urus and Audi R8 sit on massive 22 or 23-inch rims with “low profile” tyres. These tyres are designed for smooth German autobahns, not the craters on the Lekki-Epe Expressway. Hitting a pothole at speed doesn’t just pop the tyre; it can crack the rim.
• The Cost: A single high-performance tyre (like a Pirelli P Zero) for a Urus can cost upwards of ₦800,000 to ₦1.2 Million. If you blow two tyres in a year (a very real possibility in Lagos), that’s over ₦2 Million just on rubber.
• Suspension: The air suspension systems on the Rolls Royce Cullinan are incredibly complex. Constant heavy impacts from bad roads can lead to air strut failure. Replacing one corner? You are looking at ₦3 Million to ₦5 Million.

2. Fueling the Beasts (The V8 & V12 Thirst)

Fuel subsidy is gone, and petrol is hovering around ₦700 – ₦900 per liter (depending on where you buy).

• The Ferrari & Urus: These cars are thirsty. A Lamborghini Urus averages about 12-14 miles per gallon. In Lagos traffic? That drops to single digits. A “full tank” for a weekend cruise could easily cost ₦80,000 – ₦100,000.
• The Quality Issue: This is the silent killer. High-performance engines require high-octane fuel (95 RON or higher). Most Nigerian filling stations sell standard fuel (roughly 87-90 RON).
• The Fix: To prevent engine knocking, owners often use Octane Boosters (additives poured into the tank). A good bottle costs ₦15,000. If you use one every tank fill, that’s an extra ₦60,000 a month just on additives.

3. The “Kazeem” Factor (Specialist Maintenance)

Let’s be clear: You cannot take a Ferrari SF90 to “Kazeem” under the bridge at Ikeja.

• The Specialist Premium: These cars require proprietary software just to diagnose a “Check Engine” light. This means going to specialized luxury workshops in Lagos (like Coscharis, Polanco, or dedicated supercar garages).
• Annual Service: A routine oil change and inspection for a Rolls Royce or Lamborghini isn’t ₦20k. It involves specialized synthetic oils and filters that are often imported.
  • Estimated Annual Service Cost: ₦4 Million – ₦8 Million per car.
  • Ferrari Hybrid Systems: The SF90 is a hybrid. If the high-voltage battery system develops a fault, it requires technicians who are often flown in from Europe or South Africa. That flight ticket? It’s on the owner’s bill.

4. The ₦50 Million Insurance Bill

This is the number that shocks people the most.

To drive a ₦1.5 Billion car without comprehensive insurance is financial suicide. In Nigeria, comprehensive insurance for luxury vehicles typically costs between 3% to 5% of the car’s value annually.

Let’s do the math on HabbyFX’s garage:

• Ferrari SF90 (₦1.5 Billion): @ 3% = ₦45 Million per year.
• Rolls Royce Cullinan (₦700 Million): @ 3% = ₦21 Million per year.
• Lamborghini Urus (₦500 Million): @ 3% = ₦15 Million per year.

Total Annual Insurance Estimate: Over ₦80 Million just to sleep at night knowing you’re covered if a Danfo scratches you.

5. The Electric Reality: Tesla Cybertruck

The Cybertruck is the “cheapest” to run in terms of “fuel,” but it has its own Nigerian demons.

• Charging: While electricity is cheaper than petrol, reliability is zero. You aren’t charging a Tesla with “NEPA.” You need a massive diesel generator or a high-end solar setup.
• Generator Cost: If you are running a 30kVA diesel generator to charge the truck, you are burning diesel at ₦1,200+ per liter. Ironically, charging your EV might still involve burning fossil fuels.
• The “Unfixable” Risk: If a Cybertruck has a software glitch or a physical accident, there is no official Tesla Service Centre in Nigeria yet. The car might have to be shipped back to the US or Europe for major repairs. Shipping a Cybertruck back and forth? Budget ₦15 Million – ₦20 Million.

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• Meet The Long Awaited Rolls Royce Cullinan Series II, What The World’s Most Luxurious SUV Looks Like
• Rolls Royce Cullinan Series II vs Cullinan Series: New Expression of Modern Experience
• Inside Burna Boy’s 12 Billion Naira Garage: A Peek into the African Giant’s World of Wheels

Final Thoughts on HabbyFX Car Collection and Lifestyle

The fascination with HabbyFX car choices goes deeper than metal and engines. It reflects how modern success is interpreted in Nigeria today. His garage represents ambition, calculated risk, and the rewards of building a strong personal brand in a competitive space.

While not every Nigerian should aim to replicate the cars, the mindset behind them is worth studying. Discipline, diversification, and patience remain the real engines behind the lifestyle.

In a country where symbols matter, HabbyFX has mastered how to use cars not just as transportation, but as part of a broader story of achievement.