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Nairaland Forum / Nairaland / General / Car Talk / 100k Salary Enough To Get A Car? (52200 Views)
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Re: 100k Salary Enough To Get A Car? by Yankee101: 12:54am On Jan 19, 2019 |
Save the money for the car and fix it in treasury bills. Don't think about a car below 300k salary Unless if you're married with kids and public transport might be unweildy 1 Like |
Re: 100k Salary Enough To Get A Car? by jibrilELsudan: 12:54am On Jan 19, 2019 |
MY NIGGA, GO AHEAD AND BUY YOUR CAR AND STOP SEEKING THE OPINIONS OF PEOPLE. DO WHAT MAKES YOU HAPPY. MAJORITY OF PEOPLE HERE WILL ADVISE YOU AGAINST BUYING A CAR CAUSE THEY JEALOUS AND WISH THEY HAD YOUR 100K JOB. THE SAME PEOPLE HERE SAYING YOU WON'T BE ABLE TO MAINTAIN A CAR WITH YOUR SALARY ARE EARNING A FRACTION OF YOUR SALARY YET THEY GOT CARS, SOME DON'T EVEN HAVE A JOB TALK MORE OF SALARY YET THEY HAVE A CAR. SO DON'T LISTEN TO ANYBODY'S NONSENSE TALK, GO AHEAD AND BUY YOUR CAR. IF IT GETS SPOILT AND YOU DON'T HAVE THE MONEY TO FIX IT THEN YOU PARK IT TILL YOU CAN AFFORD THE REPAIR COST. HERE ABROAD WE DO THIS ALL THE TIME EVEN WHEN WE CAN AFFORD TO REPAIR IT. SOON THIS SAME PEOPLE WILL TELL YOU YOU CAN'T AFFORD A GIRLFRIEND WITH YOUR SALARY THAT YOU SHOULDN'T HAVE ONE INSTEAD YOU SHOULD PATRONIZE ASHAWO ONCE A MONTH THAT ITS CHEAPER. 6 Likes
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Re: 100k Salary Enough To Get A Car? by mandate12: 1:01am On Jan 19, 2019 |
LKO: 800 will not buy any of the listed Toyota. |
Re: 100k Salary Enough To Get A Car? by biodunpro(m): 1:08am On Jan 19, 2019 |
eginaP:i have one presently...reach me on..08080361986 |
Re: 100k Salary Enough To Get A Car? by Leonardoreel(m): 1:14am On Jan 19, 2019 |
Ellaelite: 1500naira fuel in Lagos is even small compare to the kinda traffic you will face in Lagos, what do you think causes a car to break down in a terrible traffic. I wouldn't advice anyone to fuel is car with 1500naira fuel when he knows the probability of facing traffic on his way home is high... |
Re: 100k Salary Enough To Get A Car? by Gsaab: 1:17am On Jan 19, 2019 |
Fixed match available with 100% chance of getting those things you're dreaming of if you're interested kindly WhatsApp on 08173310819 |
Re: 100k Salary Enough To Get A Car? by xandy84: 1:22am On Jan 19, 2019 |
A car is never a luxury except in Nigeria.... Don't know about where you are talking about but here in lagos to enter transport to work cost approximately 500 but to fuel a car I will spend 1500 a day (residents of iyanoba to orile lagos can attest to this) So tell me, if I earn 100k and spending 1500×5, you tell me how much it is, the truth should be said, for a guy at his age and status car is a luxury to him, why not he saves that money or invest and when he can earn 150 or even 200 then he is good to afford such luxury |
Re: 100k Salary Enough To Get A Car? by SaintHilary(m): 1:44am On Jan 19, 2019 |
The person wey create dis topic go don buy d car sell buy anoda one sef...Haba nairaland since 2015 8 Likes |
Re: 100k Salary Enough To Get A Car? by Pentools(m): 1:45am On Jan 19, 2019 |
Grupo: Nice one bro. U just took the bolded right out of my mouth. Ask a Blackman how he got rich he will reply "na God ooo" like say God pack the money come his doorstep. Ask them what to do with a certain amount of money the self acclaimed wise ones will say "invest" with less than a zero clue on what to actually invest on. OP I believe n hope u later followed your heart. 3 Likes |
Re: 100k Salary Enough To Get A Car? by Chinashopping84: 1:56am On Jan 19, 2019 |
sure |
Re: 100k Salary Enough To Get A Car? by CarGuidNG: 1:59am On Jan 19, 2019 |
Re: 100k Salary Enough To Get A Car? by TBrown77(m): 2:03am On Jan 19, 2019 |
Good advice, but the missing word of advice is what I put on display. 1: if your business did not demand for it please don't buy a car. 2: You are still young and I think your money should be divided by half which half goes to your monthly upkeep and every other needs while the other half goes for investment for your future and in preparedness of your own family ( at least 5-10 years now if your salary remains will give you approximately 6 million naira in investment) 3: Reasons of getting a car in Nigeria if you are on the average salary earner is either or both for Business or Family. To take your your family around when needs arises; to school for the children, wife to office if you can and weekend pleasure instead of taxification. Getting a car is not the problem but maintaining it is the problem, ask yourself, what do you need the car for? business or just eko for show, if it's for business then go ahead but for the latter do not try it[/quote] |
Re: 100k Salary Enough To Get A Car? by mmadu5(m): 2:19am On Jan 19, 2019 |
this nairaland people self all of una dey craze ni? this post is from 2015 the poster im sure the poster go done buy car tire , the way yall be replying as if this was posted today 4 Likes |
Re: 100k Salary Enough To Get A Car? by anonymous96: 2:31am On Jan 19, 2019 |
If u still have any doubts about how things have gone worse in Nigeria,read d earlier comments from this post. in April 2015 buying a car with 100k salary was very possible. Now only the bravehearted wud try it. 5 Likes 1 Share |
Re: 100k Salary Enough To Get A Car? by Festacbreed(m): 2:34am On Jan 19, 2019 |
Ease of movement ie eko for show, I strongly advice you use that money to buy a land, it will appreciate over time,100k basic is a no salary to use to maintain a car Bro he doesn't have family problem it even better he use it for ubar or taxify 1 Like |
Re: 100k Salary Enough To Get A Car? by socialmediaman: 2:36am On Jan 19, 2019 |
coolluk: OP buying a car is a major investment like renting a house, so before you buy a car, do your math to help you make an informed decision. Before you even start looking for a car, you should have a budget, that is, how much you’re willing to spend from your savings. Normally, you should not spend more than 30% of your yearly income on a car OR not more than 10% of your 5 year future income... but based on Naija reality, I guess you could go over this limit a little bit since I don’t know if you’ll get a good car for the price I quoted. You could also see this as you not being ready for a car yet strictly from the budgetary point of view After you decide on a budget, Find a car that fits your budget, then do some research on the cost of maintenance and fueling of the car in one year, divide this amount by 12 and that’s how much you should put away in a special account every month whether you use it or not. For instance, someone mentioned they spend 60k Annually on their car, so I guess they put away 5,000 monthly into their maintenance account. After doing all these calculations, are you still able to save enough? My advise is Don’t rush into any decision yet till you do your math, a car is a major investment you can return once you walk out the door of the dealer. In fact, once you drive out of the dealer, your car just lost up to a hundred thousand or more if you try to resell it immediately All the best |
Re: 100k Salary Enough To Get A Car? by doshe39(m): 2:58am On Jan 19, 2019 |
If you don't own a land,buy a land first instead of a car and thank me in the next two years. 4 flat for sale around the central of iwo road Ibadan, Oyo State,chk my signature for my contact 1 Like |
Re: 100k Salary Enough To Get A Car? by FASASI1(m): 2:59am On Jan 19, 2019 |
GAZZUZZ:Bro I really appreciate you good advice for the IP I swear. He doesn't understand before you send your money as if what you are spending it on is an asset or a liability. If it's a liability ask yourself how many asset have you invested in, I really hope on this stage of his life want he need to do is start investing his money on land etc |
Re: 100k Salary Enough To Get A Car? by Buffalowings3(m): 3:09am On Jan 19, 2019 |
Unrated900: |
Re: 100k Salary Enough To Get A Car? by adetes: 4:12am On Jan 19, 2019 |
To buy a car is very easy but to maintain it |
Re: 100k Salary Enough To Get A Car? by gbagyiza: 4:16am On Jan 19, 2019 |
nurey: Do you earn 100k. If you do , I guess u have other means of getting money aside your salary. Don't deceive him. I earn 350k as a professional automotive trainer, but I tell u with d technical knowledge I have regarding d use of cars, with 100k salary he can maintain a certain kind of car but he should note that he will not be able to save again n may live in debt. |
Re: 100k Salary Enough To Get A Car? by kingcypress: 4:17am On Jan 19, 2019 |
GAZZUZZ:GAZZUZZ pls I'm also in almost the same situation as the op. All I need from you is an advice between a Honad civic 98 and a Toyota corolla hatchback 98. Which should I go for considering reliability and fuel consumption efficiency. |
Re: 100k Salary Enough To Get A Car? by Danniscott(m): 4:25am On Jan 19, 2019 |
My brother, we only live once. Let's not make this life look like a rehearsal for another life. If you have saved enough money to buy a car, please do. 100k salary can help you maintain a low maintenance cost car. Owning a car gives you a sense of responsibility. Just don't think it's a tool for showoff or to get more women. I wish you the best, enjoy. 2 Likes |
Re: 100k Salary Enough To Get A Car? by PrimadonnaO(f): 4:40am On Jan 19, 2019 |
coolluk: Calm down and get the message. People who don't earn a dime have cars and maintain it by God-knows-what-means, but it's not the best. Wisdom demands that you don't acquire liabilities until you have enough running funds. At this point in your life, you need to save very well. You might need a good sum of money for a project tomorrow, and then what, you'll start begging people? Maintaining a car with a the 100k salary would greatly thin your savings. I agree that a car has largely become a necessity rather than a luxury, especially in this Lagos, but you can safely do without it for now. Work isn't far from home as you said...and you still live with your folks. My brother save up o. You might need to get your own place in the nearest future. Lagos rent isn't a joke! 1 Like |
Re: 100k Salary Enough To Get A Car? by PrimadonnaO(f): 4:47am On Jan 19, 2019 |
chucky234: Lmao . But I don't very much doubt it... Iyana-Iba to Ajah daily should consume that amount of fuel. Hold up is a reality! Bad roads will destroy your tyres! 1 Like |
Re: 100k Salary Enough To Get A Car? by Bettycars(m): 5:22am On Jan 19, 2019 |
LKO:I have a Tokunbo Toyota Avensis and a Passat car for sale. Both European used and not registered |
Re: 100k Salary Enough To Get A Car? by Bettycars(m): 5:24am On Jan 19, 2019 |
At Bettycars, you can get a vehicles for good price. For your European used cars or buses please call or whatsapp 070 6587 0508 for enquiries or inspection We are importers of used vehicles at very good prices, with complete, original and verifiable customs paper. No hassles, no regrets.
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Re: 100k Salary Enough To Get A Car? by InvertedHammer: 5:42am On Jan 19, 2019 |
coolluk:/ Buy a car. Experience is the best teacher. It is either you make it or you don't. Buying and maintaining a car is an experience that is better lived than imagined. The good thing is that like a bad marriage, if it does not work out in your favour, you will become an amateur philosopher. By the way, don't forget to add police "Roger" in the cost of running the car. It is very important too. / 2 Likes |
Re: 100k Salary Enough To Get A Car? by jacksonizzi: 6:06am On Jan 19, 2019 |
nurey:you are very right, even if you earn 50k, you can still deal, because what you spend on transportation alone can fuel your car and you will still have change. Just drive carefully to avoid accident, lastma, Vio, FRSC and other 1 Like |
Re: 100k Salary Enough To Get A Car? by Nobody: 6:15am On Jan 19, 2019 |
chucky234:How can I get ur number? send me mail on ubrendan@yahoo.com or chizkemss@yahoo.com. |
Re: 100k Salary Enough To Get A Car? by calliope(f): 6:21am On Jan 19, 2019 |
Very insightful Thread.. Following. |
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