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Nairaland Forum / Nairaland / General / Car Talk / Total Value Of Your Cars Relative To Your Net Worth (38302 Views)
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Re: Total Value Of Your Cars Relative To Your Net Worth by GODWIN78(m): 4:05pm On Apr 29, 2020 |
yusufu16:ABI O ONE IDIOT GO COME DEY TELL U BROS SHIFT NA.. 1 Like |
Re: Total Value Of Your Cars Relative To Your Net Worth by InvertedHammer: 4:08pm On Apr 29, 2020 |
baconline:/ Nothing more than 5% on cars. If you cannot comfortably buy 5 of them at the same time, then you cannot afford it. \ |
Re: Total Value Of Your Cars Relative To Your Net Worth by SocialJustice: 4:08pm On Apr 29, 2020 |
emmanuelewumi:Yes. It will be hard for flashers to do though not me. That's what I do. |
Re: Total Value Of Your Cars Relative To Your Net Worth by emmanuelewumi(m): 4:10pm On Apr 29, 2020 |
SocialJustice: Mine is 5%, and usually bought from returns on investment But I can't preach that to people |
Re: Total Value Of Your Cars Relative To Your Net Worth by InvertedHammer: 4:11pm On Apr 29, 2020 |
Kingpele:/ Your ability to zoom past Nigerian police is how you calculate your net worth? \ 6 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by Nobody: 4:20pm On Apr 29, 2020 |
hardbody:This is interesting. I keep using plain corollas to 'hide in plain sight' and I wondered why police/road safety still stop me on the regular. Should have just gone for that Infinity. 1 Like |
Re: Total Value Of Your Cars Relative To Your Net Worth by babyboy4every1: 4:23pm On Apr 29, 2020 |
Some people just like to dey mince words. The op didn't say u shouldn't buy a car of ur choice. All he was saying is that, there are some guys (my 4 friends onclusive) that emptied there account for a car. They are jobless. They only hursle (according to their saying). Tell me how will they cope if their maga refused to pay. If u must buy a car, Atleast u must still have something sensible in ur account. Any logical business man will never empty his account for a car. 1 Like |
Re: Total Value Of Your Cars Relative To Your Net Worth by Hoodbilonia: 4:24pm On Apr 29, 2020 |
Cashout everyweek 3k dollars |
Re: Total Value Of Your Cars Relative To Your Net Worth by Newboss(m): 4:25pm On Apr 29, 2020 |
grandstar:FGN Bond pays at least 10% a year. Put that 80m there you get at least 8m every year while the 80m remains untouched. If you think that's not enough, then you're very greedy. 3 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by Newboss(m): 4:29pm On Apr 29, 2020 |
seanwilliam: Loan is also an asset. Loan repayment is an expense. |
Re: Total Value Of Your Cars Relative To Your Net Worth by Olumyyde(m): 4:38pm On Apr 29, 2020 |
IkpuNnegiEwu44:Very good, I also saved for the car I'm driving now. Thank GOD the salary is monthly, I balanced again n started my savings. If I like I could sell this car, upgrade n then start saving for a plot. Nobody tells me at this age how to handle my finances. 5 Likes 1 Share |
Re: Total Value Of Your Cars Relative To Your Net Worth by Olumyyde(m): 5:00pm On Apr 29, 2020 |
ajl:At the end of the day, it's different strokes for different folks, it ain't no crime. |
Re: Total Value Of Your Cars Relative To Your Net Worth by Solomon8144: 5:08pm On Apr 29, 2020 |
Slawormir:So to you Toyota venza is more of a luxury ride than audi? Na weed full ur head 5 Likes 2 Shares |
Re: Total Value Of Your Cars Relative To Your Net Worth by Olumyyde(m): 5:12pm On Apr 29, 2020 |
Princewill1:Opinionated submission. 2 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by amiskurie(m): 5:15pm On Apr 29, 2020 |
I currently drive 2010 toyota Corolla In as much as I love cars, acquiring properties still top my agenda for my age. So when in my forties, I can relax my aggressive investments to use whatever ride I like. 2 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by hustla(m): 5:19pm On Apr 29, 2020 |
lebete3000: I wan laugh injure Which interest rate dey ontop am? and which bank give you that kain loan? |
Re: Total Value Of Your Cars Relative To Your Net Worth by hustla(m): 5:20pm On Apr 29, 2020 |
amiskurie: You gotta be wise with properties too and ask the experts .. else OYO na your case o |
Re: Total Value Of Your Cars Relative To Your Net Worth by NiCurious: 5:21pm On Apr 29, 2020 |
Cars are not just a one-time purchase. They require maintenance, repair, talk nothing of repeated purchases of "little" things like fuel and lubricants. One bad meeting with a Dangote truck or even with a smaller vehicle, can reduce the car's value to zero (and maybe your life as well, if you are unfortunate to be in the car when it happens). Therefore, tying up a great portion of your net worth in something that can easily lose its value in the blink of an eye, is highly unwise! 1 Like |
Re: Total Value Of Your Cars Relative To Your Net Worth by IamHonourable1: 5:28pm On Apr 29, 2020 |
[quote author=weyreypey post=88809548] Some take commercial bank loans to buy cars ... Do you know that? I guess that's what the op was referring to.... But how on earth would someone borrow just to buy a car? Not even for business purposes. |
Re: Total Value Of Your Cars Relative To Your Net Worth by duality(m): 5:40pm On Apr 29, 2020 |
lebete3000: Bros forget that thing ooo. For my side of Lagos, na people whe dey drive cars when big pass them, na him police dey disturb pass. Especially for evening. I kid you not! |
Re: Total Value Of Your Cars Relative To Your Net Worth by SocialJustice: 6:24pm On Apr 29, 2020 |
emmanuelewumi:Just do your thing. I know a billionaire who uses a 2005 Toyota highlander. Goes to his spare part shop to sit everyday but his plantain farm is on endless hectares. 2 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by HeavenlyBang(m): 6:29pm On Apr 29, 2020 |
InvertedHammer: Why stop at five? Why not twenty? This kain poverty mentality wey una dey get so. 3 Likes 1 Share |
Re: Total Value Of Your Cars Relative To Your Net Worth by HeavenlyBang(m): 6:31pm On Apr 29, 2020 |
Hoodbilonia: 12k a month nai your mumu life still dey like this. I know say na rubbish you go reply with. No need, I no go reply you. |
Re: Total Value Of Your Cars Relative To Your Net Worth by larryking540: 6:34pm On Apr 29, 2020 |
Who knows the price for camery big for nothing and the actual name of the car |
Re: Total Value Of Your Cars Relative To Your Net Worth by larryking540: 6:52pm On Apr 29, 2020 |
DexterousOne: Do u have idea how much is camery big for nothing ,and what's the actual name pls |
Re: Total Value Of Your Cars Relative To Your Net Worth by Hoodbilonia: 6:52pm On Apr 29, 2020 |
Her Her Haha Haha I'm Ham I said I'm Ham Harm I'm Rich in crypto currency coins HeavenlyBang: |
Re: Total Value Of Your Cars Relative To Your Net Worth by Elxandre(m): 6:59pm On Apr 29, 2020 |
SocialJustice:Unrealistic comment. So to buy a corolla one would have to amass over 10 million Naira firstly. Lol 2 Likes |
Re: Total Value Of Your Cars Relative To Your Net Worth by TheTraveler: 7:01pm On Apr 29, 2020 |
hardbody:
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Re: Total Value Of Your Cars Relative To Your Net Worth by TheTraveler: 7:09pm On Apr 29, 2020 |
lebete3000:It's a smart move bro, you've to be very mindful in selecting your employees. 1 Like 1 Share |
Re: Total Value Of Your Cars Relative To Your Net Worth by tonididdy(m): 7:28pm On Apr 29, 2020 |
homeboy205: Exactly esp if you are a bachelor. Demands and request will be coming left, right and centre. You automatically become the breadwinner of the family overnight. Well @the topic, if you can't afford to buy a car twice at a go then don't buy one. Eg: if you want a benz of 3m, you must be able to afford 2benzx at once otherwise you shouldnt get one 1 Like |
Re: Total Value Of Your Cars Relative To Your Net Worth by Olumyyde(m): 7:42pm On Apr 29, 2020 |
babyboy4every1:What about emptying ur account to buy a car on the 27th of a month n then salary alert shows up on the 29th? No mind us civil servants. Lol. |
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