I paid Ksh 1.8m car loan instead of 700k cash. Why I drive 24hrs to avoid car repossession

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 150

  • @duncanmwai
    @duncanmwai 2 місяці тому +12

    His honesty, positive vibe and lessons learnt are valuable. Microfinance is a NO go zone.

  • @NyarasiElijah
    @NyarasiElijah 2 місяці тому +20

    This guy helps me manage my car alinipea a good idea sana

    • @mwangkevi6152
      @mwangkevi6152 2 місяці тому

      Gani io,ju Gari yangu imenisumbua sana

  • @Just_amazingly
    @Just_amazingly 2 місяці тому +5

    I never skip your videos. Very educative. Kudos!

  • @kevomsanii2396
    @kevomsanii2396 Місяць тому +3

    Huyu kijana ni mchapa kazi, straight hustler..big up

  • @Natural_Days
    @Natural_Days 2 місяці тому +11

    never rush when making a financial decision

  • @bensonwacira1287
    @bensonwacira1287 2 місяці тому +10

    Anything to do with loan make sure uko Na side hustle without that katakujiwa tu😂😂

  • @JB00254
    @JB00254 2 місяці тому +1

    I so much admire this Kinara guy.Kijana wa bidii sana and i am sure he will succeed in life God Willing.Tunakuombea bro.

  • @mashaneema07904
    @mashaneema07904 2 місяці тому +18

    Kujeni mombasa interest ziko chino.. in a year utalipa 120k, 2yrs 240k muache kugongwa

    • @HighTechAutoSales
      @HighTechAutoSales 2 місяці тому +2

      I agree totally.
      I have a pal who came over to msa na analipa just like uve said

    • @oleubaiga3748
      @oleubaiga3748 2 місяці тому

      Nipe form

    • @patriciawangari.8543
      @patriciawangari.8543 2 місяці тому

      This is high purchase, and it's better than microfinance

    • @AishaIdha
      @AishaIdha 2 місяці тому

      Where specific?

    • @Jamaa_Flani_mzii
      @Jamaa_Flani_mzii Місяць тому

      Payment za 120k per year ama interest ya 120k per year? For which car?

  • @wycliffeopiyo9953
    @wycliffeopiyo9953 2 місяці тому +6

    Mambo ya microfinance imeniletea shida to be specific guys avoid MOGO MICROFINANCE AT ALL COST.

    • @Annabelle-z7u
      @Annabelle-z7u 2 місяці тому

      Meaning better to sell Mahamri na Chai?😂

  • @joseO12326
    @joseO12326 2 місяці тому

    4:45 You have a point, loan ni better than partner
    5:45 Gari ikuwa ni yako is better, its like paying rent vs mortgag

  • @renizdon1868
    @renizdon1868 2 місяці тому +1

    Huyo driver ni fighter, other othan taking the risk, he's also learned a valuable business lesson n experience.

  • @raymondvasili
    @raymondvasili 2 місяці тому +2

    I Live this channel,,,,,saa hii nimejua mambo mengi sana

  • @joeyngunu9070
    @joeyngunu9070 2 місяці тому +6

    You choose a really distracting place to have this important interview bro. It would have been even better without the distraction. Thank you for the information regardless, this is very commendable. I'm sure you've saved a few lives.

  • @CraftsMaster_KE
    @CraftsMaster_KE 20 днів тому +2

    Interesting story. Anyone thinking about the value of 1.6m today vs 750k 2yrs ago?

  • @robertokumu1161
    @robertokumu1161 2 місяці тому +3

    I trust this guy he manage for me 3 cars and am happy doing business with him

  • @georgenjogu796
    @georgenjogu796 2 місяці тому +1

    Kinara ni dere mpoa sana, honest person faithful, en also keep tym

  • @leslierono3577
    @leslierono3577 2 місяці тому +3

    It's not adding up with the number plate. The car is a KDL. KDL ni number plate ya late 2023. Hii gari anasema amelipia for 2½ years. Let's be truthful men. Gari bado inaskuma loan hii job ya Uber to break even is difficult with current rates. Resell ya any car ya 650cc Iko chini sana best offer is 450

  • @_protige
    @_protige 2 місяці тому +4

    Good conversation, get us one with pick up business

  • @GodChyld
    @GodChyld 11 днів тому +1

    The guy is 27yo na Ati the guy alijoin online taxi in 2018 wakati Uber ndio ilkua inaanza?😂 He was 21years then. Bana let's be truthful .For you to join these online taxis you need a psv badge which you need to be with atleast 4years of driving experience for NTSA to endorse you for PSV. Tu uongo hapa na pale but tunajifunza😅

  • @Nairobianroadmaster
    @Nairobianroadmaster 2 місяці тому +2

    Hii kanganya naionanga sana. Service pia ni autoxpress na anapenda ya Lavington big up bro

  • @BLackPEsa777
    @BLackPEsa777 2 місяці тому +11

    Mbona unashinda ukimwambie venye agenfanya? Hiyo sikuelewa. The guy told you hakuwa na otherwise and microfinance worked best for him. Interviews nikuhoji sio ku criticize

  • @rafihnmusumba227
    @rafihnmusumba227 2 місяці тому +4

    Tell the truth bro,,we took the car the same day from hakki and we are paying for 42 month,,,and that goes to 3 and half

  • @theeedmohmotorcycleadventure
    @theeedmohmotorcycleadventure 2 місяці тому +5

    KDL unasema 2yr 6month watu c wajinga bana.KDL niya juzi tu.anyway kwa loan nayo ya micro finance ni no go zone.

  • @HighTechAutoSales
    @HighTechAutoSales 2 місяці тому +8

    I keep telling young pple kuachana na mambo ya so-called micro-finance bullshit.
    They are just con artists, yo'll...u will break your back to feed their a**

  • @erickjuma7643
    @erickjuma7643 Місяць тому +1

    Those loans are basically designed so that you default.

  • @jomo2483
    @jomo2483 2 місяці тому +11

    Good interview. I fear for this man, juu bei ya magari zinaanguka Dunia mzima. Hii yake akipata 400k next year atakuwa lucky sana

    • @JohnMwangi-jv3pp
      @JohnMwangi-jv3pp 2 місяці тому +1

      Jeso

    • @abdisamadbashir1324
      @abdisamadbashir1324 2 місяці тому

      Nikona gari Na 550k Na Ni chevy spark labda nilipe cash instead of finance

    • @joseO12326
      @joseO12326 2 місяці тому

      Isharudisha profit, kama huna cash huna lako😂

  • @rodgersochieng4961
    @rodgersochieng4961 2 місяці тому +4

    Ama after kumaliza unaiwekea engine mpya. Watu washangae gari no. Plate ni old lakini strong.

    • @wawerukamau1260
      @wawerukamau1260 2 місяці тому

      Hiyo ni poa sana .
      Lakini Uber na wenzao wanataka namba mpya ili uwe registered.

  • @simonkamau6438
    @simonkamau6438 Місяць тому

    Partner wengine wako friendly.. like my partner sijawahi muona since tuelewane nichukue gari thika town

  • @javiskaringa
    @javiskaringa 2 місяці тому +10

    But Mombasa car yards charges you an interest of 10k per month. Pay half the amount deposit. Then the other half pay in 12 months. Inerest will be 120k. 730+120=850.

    • @melinabendy8825
      @melinabendy8825 2 місяці тому +1

      Is 730 half of 850

    • @selectorrwoyke
      @selectorrwoyke 2 місяці тому

      Aaaiii yard gani hiyo?

    • @javiskaringa
      @javiskaringa 2 місяці тому

      @@melinabendy8825 730 is the principal amount or the cost of the car. 120 will be the interest for one year. Total is 850. You pay 365 and leave with the car. You have a balance of 365+120=485. 485/12=40k. So on top of your deposit you will be paying 40k per month for 1 year and they sent you the logbook wherever you are. Added cost will be car track @ 20k.

    • @javiskaringa
      @javiskaringa 2 місяці тому +1

      @@selectorrwoyke Any yard selling cars in Mombasa. That's the arrangement. Just move around.

    • @BilalA-q7r
      @BilalA-q7r 2 місяці тому +2

      It's not interest - it's the Muslim way of lending they use. They sell the car at a higher fixed price with installments, not a running percentage.

  • @leslierono3577
    @leslierono3577 2 місяці тому +2

    Microfinance in Kenya Isa scam. I took a loan with mogo for 100k for a car and ilinifanya mambo. I paid back almost 250K for 18 months. Mogo bases it's loan in dollars. Ikipanda loan inapanda. I learnt my lesson saa hii heri cash.

    • @wycliffeopiyo9953
      @wycliffeopiyo9953 2 місяці тому

      @@leslierono3577 kitu mogo walinifanyia Wacha TU. 168k nimelipa ikafika 400k. Na they used to come kuchukua gari nikichelewa gari yenyewe iliharibika gearbox two months after nimechukua loan, I haven't even repaired it over a year now. Mogo is a scam

  • @juliuschebonrotich1940
    @juliuschebonrotich1940 2 місяці тому

    Thank you for helping us understaning loans tafuta wengi

  • @FRESHMAN766
    @FRESHMAN766 2 місяці тому +1

    Hizi kampuni zimetufanya their slaves...people are suffering in their hands 😢

  • @crowdpleaserselector5980
    @crowdpleaserselector5980 2 місяці тому +1

    The government should protect consumers from loans sharks, This is not business by this companies it is exploitation.

  • @peehmuki7271
    @peehmuki7271 2 місяці тому +1

    So educative ogopa loans na epuka loans @ all cost if possible..if its big loans its oky koz u have power to bargain with the lender bt tu loans twa below 1 million ni kulizwa tu..na kutumiwa wanakufanya their workers ki-aina ..

  • @chilfofGod
    @chilfofGod 2 місяці тому +3

    250k deposit,pay 2 yrs 1.8 sell at 400k minus deposit 150k,in between maintenance,and other expenses like insurance,plus your personal expenses etc,mwisho uuze 400k minus deposit,ata Kama ni desperation tukue serious kidogo.🥵😭😭

    • @selectorrwoyke
      @selectorrwoyke 2 місяці тому

      Insurance iko kwa wenye wanapeana hiyo loan

    • @chilfofGod
      @chilfofGod 2 місяці тому

      @@selectorrwoyke still an expense juu iko kwa deposit

  • @sammy-o9n
    @sammy-o9n 2 місяці тому

    doing a great job educating en encouraging guys

  • @lloydshinaali
    @lloydshinaali Місяць тому

    One person saw an opportunity and took the risk and it paid off although at a higher price and the other person is scared of risk he doesn’t see what they are about to gain but what the lendor will gain from their efforts of paying the loan.
    The best thing is to look at the maths and understand the hidden cost related to the financial decision your about to take. Sacco and micro finance institutions have sweet lanaguage like 1% on reducing balance but ukiwa na accountant you will realize the time value of money and then you make a decision

  • @Jonn254
    @Jonn254 2 місяці тому +2

    Waah...but saving is easier said than done.

  • @RitchieNjoro
    @RitchieNjoro 26 днів тому

    Love the video ideas lakini cameraman anaudhi excess...hawezi patiana pov moja ama mbili bila kushinda akisonga na kuwaeka kwa frame?

  • @Budgetgadgets2
    @Budgetgadgets2 2 місяці тому +2

    He's delusional if he thinks anyone will buy that car for 600k. even now.

    • @Mr_MNN
      @Mr_MNN 2 місяці тому

      Atapata, Cars are expensive right now

  • @maosanyakambi8036
    @maosanyakambi8036 2 місяці тому +1

    That's what we call wrong financial calculatoniins

  • @kipepeo75
    @kipepeo75 Місяць тому

    I’m saving for a new car but I will take a Sacco loan for half the purchase price. This regime is really hungry for taxes.😢

  • @johnoleheshima2142
    @johnoleheshima2142 2 місяці тому

    Guys look at me please, when you pay house rent about 42k per month for a period of 46 months the house will cost you 1,932,000 na hautarudishiwa bado so better hio biashara if you don't have any other options.

  • @philipmwangi5270
    @philipmwangi5270 18 днів тому

    Hawa Loan Sharks hukuwa hii Nairobi wanaweza peleka mtu into deep depression.

  • @kevinouma1428
    @kevinouma1428 2 місяці тому

    Hire purchase is slightly a better option. Microfinance is a NO!

  • @dmunywoki
    @dmunywoki 2 місяці тому

    I think its fair to also share the names of these micro finances to avoid others falling into the same trap.

  • @ahmedabdi319
    @ahmedabdi319 2 місяці тому +7

    Yards in mombasa accept 30% Diposite and agree payment period and the final price will never increase if you made it clear that you will pay on tym.
    I had 500k and took 2.2M XL sienta hybrid( more than 400 if i had cash) in 3 years period.
    Never go to Bank or logbook financing.

    • @markmuthoka2806
      @markmuthoka2806 2 місяці тому

      Bro can you connect me for one of the yards in mombasa

  • @victormuhinja9452
    @victormuhinja9452 2 місяці тому

    Then truly ukijituma kuna pesa.
    Hope the digital taxes waiting to be presented to parliament won't affect such hard working Kenyans.

  • @JosephGititu-g4o
    @JosephGititu-g4o 22 дні тому

    This media guy is discouraging people

  • @brianmaranga2305
    @brianmaranga2305 2 місяці тому +8

    KDL 2.5 years ago?

  • @zipporahmusee4440
    @zipporahmusee4440 2 місяці тому

    Mentioned the company, si ata Mogo ilikua exposed kafiniwa 10m, no need to fear if it's s crime 😂😂😂

  • @Vicogweno
    @Vicogweno Місяць тому

    Ati... bana pole sana😂😂😂😂😂

  • @kenyanregista
    @kenyanregista 2 місяці тому

    You do amazing work.

  • @FusionPodcastChannel
    @FusionPodcastChannel 2 місяці тому +3

    What about buying a used car and upgrading

  • @BoruBoru-p4e
    @BoruBoru-p4e 2 місяці тому +2

    Bro how can you advise me 🙏nataka kufanya na Uber but sijui Nairobi vizuri,,place najua ni Eastleigh tu na ngara...will it be difficult for me??

    • @BrianOkello-f5r
      @BrianOkello-f5r 2 місяці тому +2

      Most Uber drivers huwa hawajui places so kuna location kwa app to the destination ya client. Itaku lead to all destinations and ivo ivo uta get to learn Nairobi. Nilianza kama sijui anywhere pia but sahi mi gwiji

    • @Explore254Discover
      @Explore254Discover  2 місяці тому

      Inbox localsays@gmail.com

    • @wanderinderituh459
      @wanderinderituh459 2 місяці тому

      Kuja tupeane psych

  • @MordecaiAkama
    @MordecaiAkama 2 місяці тому

    Thanks for enlightening us

  • @selectorrwoyke
    @selectorrwoyke 2 місяці тому

    Kuna costs za tracker na insurance pia,i bought a boxer 150 Ug from Mogo weehh nlianza piga hesabu after nmebaki na 20k kumaliza kidogo nlie 😂😂 nljiita mkutano nkajigombeza nkajisomea eehh anyway nataka gari sasa 😂 ntalia baadae

    • @Vicogweno
      @Vicogweno Місяць тому

      Hehehe...tuchukue gari, kulia ni baadae sio?😅😅😅

  • @jamesmathaga2508
    @jamesmathaga2508 2 місяці тому

    Good work God bless you 🙏

  • @FibiKhagai
    @FibiKhagai 8 днів тому

    ange save yes but kutoka wapi?

  • @mohazali2919
    @mohazali2919 2 місяці тому

    Weuh inaitwa Explore Tv apa unatoka ukiwa mjanja😂

  • @kellychan239
    @kellychan239 2 місяці тому

    Very bad. A day is coming when this so-called micro financing people will have to pay dearly in court for using the small uber pple who cannot afford the court charges. They do this because they know hawa watu hawezi afford kuenda court. Ipo siku

  • @bensonwacira1287
    @bensonwacira1287 2 місяці тому +1

    600k wacha iyo ukipewa dooh mob ni 450 mileage talk

  • @NELSONMUSEMBI-z7z
    @NELSONMUSEMBI-z7z 2 місяці тому

    Ukikosa kufikisha kanakujiwa 😅......its not a laughing matter lakini ni funny.

  • @silamatheka9208
    @silamatheka9208 2 місяці тому

    sio mambo ya age sikiza mawaidha..

  • @sosnesmadoya4409
    @sosnesmadoya4409 2 місяці тому

    Hata mimi hapa, nalipa pikipiki 300000 from mogo 😂😂😂😂

  • @joshuandonye8246
    @joshuandonye8246 Місяць тому

    Brother wacha ambiana ukweli kdl bado

  • @andevukukevin242
    @andevukukevin242 2 місяці тому +2

    I need thiz conversation in english iam in uganda

    • @mohammedabdihakimhassan672
      @mohammedabdihakimhassan672 2 місяці тому

      Learn English

    • @danielwainaina8328
      @danielwainaina8328 2 місяці тому +2

      Uganda u need slot of things to be done by ua president

    • @andevukukevin242
      @andevukukevin242 2 місяці тому

      @danielwainaina8328 iam so much interested in his conversation that is why i requested him to do it in english .

  • @Musonye_onesmus
    @Musonye_onesmus Місяць тому

    Johnte big up

  • @faithmuthoni307
    @faithmuthoni307 2 місяці тому

    But hio pesa angelewa tu so its still ok

  • @bonfacemutembei5936
    @bonfacemutembei5936 2 місяці тому

    Umenipa akili drooo

  • @walterwachira472
    @walterwachira472 2 місяці тому +2

    Hio gari valuation haiwezi Ata fika 400k bro hio utauza 350k pole

  • @AlEXIAGICHERU
    @AlEXIAGICHERU 5 днів тому

    2018 adi sai Gari ni KDL 😅mnatuona aje

  • @joseO12326
    @joseO12326 2 місяці тому

    Uber ikianza na huna afya, leave that sheit think again

  • @ElishaMurano
    @ElishaMurano 2 місяці тому

    There's only one N-Wagon...a Honda

  • @Fredm254
    @Fredm254 2 місяці тому

    Nipitieni please

  • @michaelmuriithi6174
    @michaelmuriithi6174 2 місяці тому +1

    Sir I follow you, but your perspective is very wrong. Even if he had borrowed from bank it could be the same story.

    • @wawerukamau1260
      @wawerukamau1260 2 місяці тому +2

      Things should not be this way.
      Two wrongs does not make a right.

    • @kelvinmwangi206
      @kelvinmwangi206 2 місяці тому +1

      You're very wrong. You don't understand anything when it comes to finance. Ask us. And before you come bashing, tell me the annual interest rates of banks,sacco's and micro finance

    • @douglasmose644
      @douglasmose644 2 місяці тому +1

      Huyu jamaa ni mzuri sana guys gari zangu zilikuwa zinatumika vipaya tangu nipeane kwa huyu johnte manze namalizia loan bro umenitunzia gari zangu poa keep it p ingine inakam karibuni nakuletea

  • @EARFQUAKE01
    @EARFQUAKE01 2 місяці тому +1

    Did he say you join a sacco and get a zero finance on 2k per day for 4yrs ....60k per month for 4yrs ...that's crazy

  • @leonardseur3717
    @leonardseur3717 2 місяці тому

    Apo kwa age no,

  • @BrianMutie-z6b
    @BrianMutie-z6b 2 місяці тому

    Wanatupima ati 2yrs

  • @mwangiJohn-i5l
    @mwangiJohn-i5l 19 днів тому

    vitu vya loan wacha tuu

  • @marinanjer4293
    @marinanjer4293 2 місяці тому

    These companies utajipata umejinyonga bure. I pray that however desperate you may get, usikue tempted kuenda huko

  • @steiner254
    @steiner254 Місяць тому +1

    wueh!

  • @isaakwara4828
    @isaakwara4828 2 місяці тому

    I don't like the way you're pushing this guy to regret his decisions

  • @johnvundi9045
    @johnvundi9045 2 місяці тому +1

    Stop lying to us you aint 27yrs old.

  • @davidnefasaulo5343
    @davidnefasaulo5343 2 місяці тому

    hi

  • @marvinkigame2838
    @marvinkigame2838 2 місяці тому

    KDL??? 2YEARS??? You people must think that people are idiots. Nonsense 😅

  • @isaacmuya594
    @isaacmuya594 2 місяці тому

    How can I contact you sir? I need some advice.

  • @faizzimboy9319
    @faizzimboy9319 2 місяці тому

    Loan ni Haram Alhamdulilaah

  • @alvinzack
    @alvinzack 7 днів тому

    mogo will guarantee you tears😂.

  • @abelragira1431
    @abelragira1431 2 місяці тому +2

    You mean KDL ni ya 2018

    • @mustolourien5823
      @mustolourien5823 2 місяці тому

      yom probably

    • @dennismwangi6026
      @dennismwangi6026 2 місяці тому

      Btw how comes ni KDL na ilikua ya 2018. 2019 Dec tumechukua KCZ so KDL...

    • @peternjengangigi3567
      @peternjengangigi3567 2 місяці тому

      KDL... K ilikuwa 2022 if am wrong

    • @mustolourien5823
      @mustolourien5823 2 місяці тому

      @@abelragira1431 alianza 'taxing' in 2018 but gari amebuy 1.5 yrs based on vile amelipia deni.

    • @chilfofGod
      @chilfofGod 2 місяці тому +1

      Year of manufacture 2018,year of registration 2022 there’s a difference.😅

  • @dankuriathecoach6970
    @dankuriathecoach6970 2 місяці тому

    You are pushing your agenda..learn to ask the right question..you are leading.

  • @ShadrackKimutai
    @ShadrackKimutai 2 місяці тому

    Hawa ni matapeli