The Real Cost Of Owning A Car In Jamaica
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- Опубліковано 1 жов 2024
- In this video i show you the cost of owning a car in Jamaica.
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"Even though we know in Jamaica the roads aren't worthy of our vehicles" 😂😂😂 that line killed me 🤣🤣🤣
Smh 😂 you know I’m telling the truth
Trinidad and Tobago 🇹🇹 has even worse roads. Potholes all the time when you're on the road. Trust me. It's torture slowing down and swerving a bit just to avoid a pothole.
Guys, save your money. Get a cheap, reliable car. Avoid the debt as much as possible
Thank you… I no longer want one
This video brings up an important point of the Opportunity cost. What would be the rate of return if you invested that deposit in the stock market over the 5 years?
Now this is the real money question, great point
This video is so necessary bc no one ever really walks you through the process in this way locally. Makes you really assess if you can handle owning a car rn.
Nice as usual 👌.
For some, the vehicle may help bring in some extra $$$. Being able to stay an extra 2 hour at work cause now you can reach home safe. Traveling with extra tools to complete a job efficiently.
Exactly, so if you work shifts and can get some overtime or if work is remote then a car can help gain some cash
Bro this is a very good video, editing skills up deh as usual. I hope alot of potential first car buyers in Jamaica see this
Respect man, just trying to give great content
I would like to extend my heartfelt gratitude to bro for such an informative and in-depth video. This is my reference video above all else. Extremely helpful!
Thank you I really appreciate your support
Thanks for the video, actually in the process of getting my license. Knew it was gonna more expensive but this is a big liability than anticipated. Buying a car is like signing up to 10 different yearly high-ticket subscriptions. Probably smarter to just continue buying bitcoin. Been working another high-income skill to pay for it though, just gonna wait a bit until that's solid.
Honestly it depends on if you can handle it and the if the opportunity cost works for you
If Jamaica minimum wage is $15,000 weekly,let’s say a $25,000 would be a ok job in Jamaica. That Honda Fit cost only $500,000 JMD in USA. Why it soo expensive in Jamaica, 2 million JMD is far too expensive.
Unfortunately minimum wage is a poor indicator of livable income. Cost of living is the real indicator, in some areas rent can be $150,000/month and that doesn’t include utilities. Sadly minimum wage is hard to make ends meet here.
@@DemetressFairman I see Land for sale in Montego Bay JMD 1.7 million. Hiring a contractor I would pay JMD 2.5 million to build a 3 bedroom house. The house would be worth JMD 8 million with a realtor. Those numbers are facts
U know what's the worse part about this jamaica has a terrible public transportation system
Great video, it one was very informative and insightful. I can now budge a little better since I am in the process of getting one myself
Yep put pen to paper and see if it works for you
“This nigga don’t miss” (snoop dawg voice)
He’s good yo
This video stress me out
Dont forget parts that you have to buy after driving on dem road yah 😤 Parts dem expensive like my daughter school fee 🤦🏽♂️
Lol it’s in there man at the end, but I kept it low but honestly it should be a lot higher
How does having a dashcam decreases the insurance?
Almighty God dwn payment
Thanks i needed this, video well put together
Lol I am not motivated to get a car lol...that's why and getting at least 2 house before ..lol..hopefully
Good ambition, if it fits your goals and needs then do it 🙌🏾
My experience... in addition, a new battery, if it's a used car(15-20k) and a car emergency fund for minor incidents/accidents and electronics that might fail (especially sensors, I would suggest having a 30k stashed away for that)
Yes a car emergency fund is wise, but I have an overall emergency fund so I might have to start separating them
Great video !
Another thing ac anuh fi wen u a drive normal or guh work, ac affi wen u aguh out once inna blue moon, caz fesco snd total naah laff
😂 once in blue moon, nah sah not in them hot time yah
Which insurance calculator is that?
Ncb
@@DemetressFairman thanks
How much should i budget for bribery? Police have relieved me of way more money than thieves in Jamaica.
Lol that’s a personal question
Thanks for the reality check 😂
😂 you are welcome
Finally a proper video explaining approximate costs
Informative, and graphical and with wit, you got a subscriber
Intrest 10% is high ..what's the lowest rate u can get in Jamaica
Some banks give 5 percent and some even no down payment. Shop around
Don't make sense I buy a car then.
Through proper planning it can be done
THIS. MAKES. SENSE.
Thank you.
For Jamican roads japnese cars are best
What are your thoughts on driving left hand drive vehicles in Jamaica?
I drive a left hand and it rarely hinders me. Finding parts is just as easy and the only downside is overtaking because I have to be 100% sure of an overtake.
Dam seems like to own a car 🚗 in Jamaica 🇯🇲 is sn easy task
It’s easy but most times we take on ones that are out of our budget
My choice is owning a bicycle 🚲.
If I lived in a city and work is close trust me I would use a bicycle. But then again dem taxi man Nuh normal on the road
Cyan drive any form of bike in Jamaica, i never met a single bike rider who neva ina serious accident and bruck up demself.
Best video I've seen on this topic. I'm American btw
Great thank you
coming from st lucia the entier caribbean rigeon system is just non sense and cant be answered to make sense we need change
Jamaican businesses r so behind time and strategy. Not even 10 business in jamaica offer affliate programs
Listen ! That video was awesome 👌, very entertaining and even tho mi probably nuh bada want nuh car mi Learn alot
Am so glad I see this video I was about to buy my first car then live from pay check to pay check
I rather walk or tek bus. Cause this a madness lmao
😢😂 why my little head thought insurance was a one time payment. Lawd have mercy
my eyes are now since i am looking to get my learner. Good video as always.
Yea man you have to put pen to paper
Good content and good editing 👍🏾
Respect 🫡
Well done.
This helped me alot 😂😂😂😂
What is your opinion on a Honda grace hybrid.
Not familiar with them but I think they are the same as the Honda city and Hondas generally are good. Just make sure the mechanic knows about hybrid cars
Yyyyyy 😂 popcaan is sonthing else
Hey Demetress What software you use to edit
I use final cut
Damn, a so much money I saved driving a company vehicle? I didn't buy gas for many years!
That’s a blessing
Thanks bro
Thank you bro
Gas prices going back up 🥺
Lol
Lol never really dipped for me