Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,661 members, 7,955,393 topics. Date: Sunday, 22 September 2024 at 02:57 AM |
Nairaland Forum / Nairaland / General / Family / Can I Sell My Car To Raise Money? (2331 Views)
The Best State To Raise Ones Kids / Is It Possible To Raise A Child Without Beating / Father Leaps-out Of A Moving Car To Save His Child (2) (3) (4)
Can I Sell My Car To Raise Money? by ekemit(m): 6:41pm On Apr 12, 2013 |
I am a primary school teacher in lagos state although a graduate of Nnamdi Azikiwe university second class upper in religion and human relations very vast in knowledge by his grace.before i got married i use to get approximately 40 to 60k in a month because i use to take home lesson for primary school children my wife to be then assisted me with some money to rent d appartment we ar staying right now.during our wedding last year november i was given a Honder civic 2000 as a wedding gift.after my wedding my income dropped drastically to 20 to 30k and my wife is pregnant will give birth by august,i have a lot on me i mean financially though i am still hunting for job.i brought up the idea to sell my car but my wife objected the idea.please what are your suggestions? thanks |
Re: Can I Sell My Car To Raise Money? by ifyalways(f): 7:04pm On Apr 12, 2013 |
May God in his mercies make a way for you. 30K is too small for a primary school teacher, I suggest you keep checking the vacancies and jobs section of nld. Now, the car. Why does your wife not want it sold?any reason? Whatever, you need to consider some things : Is the car helping to cut down cost of transportation? Is there any way you can use the car to get extra income? You are expecting a new baby, would the car come in handy in the face of emergencies ? My brother, you need a better job. I pray you get one. |
Re: Can I Sell My Car To Raise Money? by pak: 8:24pm On Apr 12, 2013 |
I would have said like they did in those OLX commercials "SELL IT !!". but since you said its a wedding gift, then their might be other sentiments attached to it, especially depending on whoever gave it to you. At this stage I advise you to think deeply and ask yourself the critical question ifyalways asked earlier 'Is there any way you can use the car to get extra income?' - You stay in lagos, you have to be proactive when it comes to issues of finances. |
Re: Can I Sell My Car To Raise Money? by pak: 8:25pm On Apr 12, 2013 |
and importantly, make sure the car does not become a drain on limited resources . . . |
Re: Can I Sell My Car To Raise Money? by toofine765: 8:46pm On Apr 12, 2013 |
I feel your plight but then what do u intend doing with the proceeds after selling off your car? I personally do not like the idea of selling off properties when broke because you may end up spending all the money and still going back to square one. Look internaly and see how you can use the car to generate revenue but if you feel you must sell then you have to think of how best you will invest the money you realised so you don't end up being worse off then most importantly be very prayerful, there is nothing God cannot do. All the best 3 Likes |
Re: Can I Sell My Car To Raise Money? by Nobody: 8:58pm On Apr 12, 2013 |
I really do not think selling The car would solve the problem. why not think Of a lasting solution to your present situation. Things shouldn't get worse, just keep job Hunting, keep praying. Be positive, its just trying Times. Its well! |
Re: Can I Sell My Car To Raise Money? by butta(m): 10:02pm On Apr 12, 2013 |
Selling that car would not solve your problem and when you do sell it your problem is solved for a short period hence you find yourself right back were you started from 1 Like 1 Share |
Re: Can I Sell My Car To Raise Money? by jeffizy(m): 10:39pm On Apr 12, 2013 |
Man, DO NOT sell that car! Even if all you have to do is just run the engine in front of the house once in a while. Now i will tell you what to do. You reside in Lagos ,right? Try to get a cab permit at the LSDC ( unsure of local gov acronym there) , use it to augment your income by doing campus shuttle in the nearest school around you. I once.sold 2 cars to solve an issue but mhen!, it grew bigger and i had to hustle harder before getting another back. Sometimes, a car is not a liability but an asset. More so with a new baby. You wl need to take your wife and baby to the clinic sometimes. The rains are here o... 1 Like |
Re: Can I Sell My Car To Raise Money? by dayokanu(m): 10:52pm On Apr 12, 2013 |
Omo na wa oo This country sef a graduate $200 per month. Salary Nsogbu dikwa |
Re: Can I Sell My Car To Raise Money? by Xavier1976(m): 11:40pm On Apr 12, 2013 |
Bros, if the car was given to you by your In-laws, don't sell or else you would never see the end of the matter. On the other hand, if the car was given to you by your own people then sell it and invest the money in a business. A car becomes a liability if its not contributing in earning income, even a stationary car generates expenses. When you sell the car never use the money to "eat" or else you go back to square one. Also re-focus your energy into being self employed and job hunt should become secondary. Remember, making it in this harsh economy is God factor and good decision making. Peace be unto you. |
Re: Can I Sell My Car To Raise Money? by andyanders: 11:47pm On Apr 12, 2013 |
My brother, do not sell the car as that will not solve your problem. God will help see you through but keep looking for job honestly and I pray you will get a breakthrough. Since you do not have a job, by the time you sell the car,for sure,you will depend on that money and it will varnish.What if your wife goes into labour in the middle of the night, you will not discover the importance of a car. Car is a necessity and not wealth. I pray to God to see you through. DO NOT SELL THE CAR. Hunger can only change your face, it cannot kill you. 2 Likes |
Re: Can I Sell My Car To Raise Money? by greatgod2012(f): 6:48am On Apr 13, 2013 |
Since you said the car was a wedding gift, dont sell it, because those who gave you the car might be wondering why you aint using the car or why you sold the car, so, i dont subscribe to you selling it, besides, your wiffy is preggy, you might need d car for so many run-arounds, including when your wife will fall into labour and also for post-natal visits(with your baby), its not easy to carry baby in commercial vehicles in lagos o. Now, that been said, what actually brought down your income Did you stop your private lesson after your wedding or what Did you resign from where you were working and concentrate only on private lesson? because, you are a man, i dont really understand why your income dropped after getting married, if it had been a woman now, we would have said maybe, because of pregnancy or something, but here, you are a man and you need money, i will suggest you dont relent in your better job hunt and i pray that the good Lord will provide a better job for you, you can as well be conversant with vacancy/job section of this great forum, who knows, you might be lucky to get a better job there. I wish you goodluck and your wife safe and joyful delivery. |
Re: Can I Sell My Car To Raise Money? by Nobody: 7:49am On Apr 13, 2013 |
Re: Can I Sell My Car To Raise Money? by ekemit(m): 8:40am On Apr 13, 2013 |
Thanks so much for all your good advice for now i cant drive the car because i have not registered the car because i dont have the money to do that also for those who care to know who gave me the car as a gift it is from my mother inlaw side also my income dropped as a result of the private lesson am handling the parents were unable to pay again still searching to get a gud private lessons |
Re: Can I Sell My Car To Raise Money? by Geomac: 10:28am On Apr 13, 2013 |
ekemit: Thanks so much for all your good advice for now i cant drive the car because i have not registered the car because i dont have the money to do that also for those who care to know who gave me the car as a gift it is from my mother inlaw side also my income dropped as a result of the private lesson am handling the parents were unable to pay again still searching to get a gud private lessonsIf you can't register a car how will you be able to maintain it? This car will be a liability at the end of the day. |
Re: Can I Sell My Car To Raise Money? by Mysteriousworld: 8:18pm On May 15, 2023 |
I hope you didn't sell it. ekemit: |
Re: Can I Sell My Car To Raise Money? by obinna58(m): 8:38pm On May 15, 2023 |
Mysteriousworld:A better question will be “I hope you’re still alive “ |
Re: Can I Sell My Car To Raise Money? by 2goodbobo(m): 11:13pm On May 15, 2023 |
Don’t sell the Car Bro. You will need it to move your Wife around or to the hospital now that she is pregnant. I will advise you use the Car for Bolt or Uber if possible. Since the car is yours, you can make atleast 100k a month. 1 Like |
Re: Can I Sell My Car To Raise Money? by Mysteriousworld: 9:25am On Aug 27, 2023 |
obinna58:Awkward |
Re: Can I Sell My Car To Raise Money? by Aaaaarghmed(m): 12:56am On Aug 28, 2023 |
2goodbobo:lol..the post is 10years old. |
Re: Can I Sell My Car To Raise Money? by OperationalVehi: 8:27am On Aug 28, 2023 |
Sell the car brother. I am certain it's draining your resources. Also it's just a material property because when you look at it, at a point, you will need to sell the car. You can't use a car CONVINIENTLY for 6 years no matter how much you love the car. We need to learn to sacrifice some things for the people we love. People should always come in first place over material things |
Re: Can I Sell My Car To Raise Money? by Chummynoni(m): 8:39am On Aug 28, 2023 |
dayokanu:what a country!!! 90% of graduates would gladly accept this as salary now . Nigeria is gone 🥺 |
Re: Can I Sell My Car To Raise Money? by Ceasarceasar: 4:49am On Aug 30, 2023 |
dayokanu: Now 200 dollar is worth more than 180k 1 Like |
Re: Can I Sell My Car To Raise Money? by Nobody: 5:09am On Aug 30, 2023 |
On an income of N30k per mpnth, you dey married and got a girl pregnant? You get mind! |
Re: Can I Sell My Car To Raise Money? by WarrenP: 6:48am On Aug 30, 2023 |
Skyview01: Did you check the date of the post? 2 Likes |
Re: Can I Sell My Car To Raise Money? by Aaaaarghmed(m): 8:37am On Aug 30, 2023 |
WarrenP:I tire for them,even I I posted that the thread don tey,they are still sweating ontop 1 Like |
Re: Can I Sell My Car To Raise Money? by Reality3080: 10:55am On Aug 30, 2023 |
ekemit:if U sell your car I can bet u will spend d money on Billings n b back to square one If the car is in good condition n it can move well, y don’t u think of using it for commercial transport in lagos? At least u will b able to save 5k conveniently every day |
(1) (Reply)
Happy Birthday To Lalasticlala ! / How my question got me bank alerts / Christmas Funfair At Funfactory With Lots Of Gifts
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40 |