₦airaland Forum

i have been thinking for a while about the annual rate of depreciation chargeable on cars used in Nigeria.

Here is my story,

I tried to sell a 2001 Camry bought last year that clocked a year some weeks back. The price offered by prospective buyers was worrying viz a viz the purchase cost.

1.3M car now being priced for 800k after a year! Eventually sold it for 850k.

Mathematically, that is approx 35% off the purchase cost.

It is noteworthy that there was no damage of any sort apart from the bruises suffered by the bumpers(minor).

In accounting, we charge 25% as yearly depreciation. A new vehicle after four years has just been given birth to i dare say

I understand that as a car grows older, the rate may perhaps increase marginally but 35% is way too high

Buying a car is not an investment at all! Lately, i have been thinking of applying the same strategy in buying a car.

look for my choice car and buy 'a year used' model thereby making the owner suffer for the 35% depreciation rate.

Bright idea?

some people want to make 100% profit margin

deal with pictures

brand 'new' tokunbo of this 98/99 model crv goes for 1.2/1.3

someone one wants to sell naija used for 1.4m

Naija roads adds value to cars, innit?

i am interested in the price of a fairly used pilot 2003, not exceeding one year of usage.

how much?

One would expect to find jarus on this thread

kk,

@ deols: how i love your signature message

@fhemmy

did u leave urs on the road too?

even in book keeping, we charge maximum of 25% per annum which gives 975k

price reviewed to 900k

available

what are the pros and cons of the following cieling materials

POP

suspended cieling

Amoula paragon,

At first, i thought it is only normal

now, i dont think so anymore.

My stomach makes noise intermittently and i am beginning to think it isn't normal

I have decided to de-worm as a first step and my sister recommended Zentel

Doctors in the house, how far?

my first car ever

fond memories, Accord 1986 model.

It was old yet i was fond of it.

it gave me problems at a point and had to sell it off. Some people wouldnt sell their first car. They have it in their garage

what memories do u have of your first car? do u still have it?

just one of those weird thoughts that the mind entertains

seriously, i wouldnt change my mum or dad for anyone in the world. They are awesome. Rhetorics? perhaps. I still wouldnt wish my dad was dangote or my mum hillary clinton.

would you? and why?

its a natural phenomena, i wont look at it with a gender binoculars

to be corrected means u were wrong

who likes to be wrong? no one.

interestingly, ability to take correction humbly is a huge virtue for anyone who z got it

thread awon omuti

Yodi, please dont desecrate bizbooks thread. ok?

Rehearsing the 'you are new to this business' is also not the best thing to say/do

Ontop of that, you are trying to sell a car

why am i not surprised? you took on bizbooks to demonstrate your unparalleled awareness in the business of selling cars to build your profile.

what is the last price of your fx 45? aaaaaaaaah, i dont like white.

has she utilised the recharge card?

lemme check!

if fhemmy, an auto dealer can say they havent got their priority right, then TRULY, they havent!

uncle femmy, i actually expected you to tell them the current market value for a tokunbo.

This machine was bought for 1.3m and used for a year, How much do u want me to sell it now?

900K is a fair deal

Make your calls now

available

900k last

more picture

picture attached

picture sent to you faithnn

more addresses,

going going,

available for inspection


drop email add for pictures

bump

pls call 08079650214, 08054635656

I HAVE A ONE YEAR USED CAMRY FOR SALE

CAR IS IN GOOD CONDITION AS IT WAS USED DURING WEEKENDS ONLY

ASKING PRICE IS 1M

GOLD COLOUR

reason for disposal is to buy a jeep

Drop email addresses for pictures.

amma keep this very simple

my hard disk is damaged. can it be fixed? is there any chance that the data can be salvaged?

someone please reach me on 08079650214 urgently

thnx.

email address: fizzy_30@yahoomail.com