Wazua
»
Market
»
Pennywise
»
Cost of Driving to work
Rank: Elder Joined: 5/24/2007 Posts: 1,805
|
Guys, Jana I tried to sum up how much it costs to drive to per month.. Here is what I found Car Fuel 350*30= 10,500 Parking 250*25= 6,250 Car Loan (0.8M @16%)= 22,680 Insurance (7.5% of 1M)= 6,250 Service 1,000 Other Misc 1,000Total cost per month KShs47,680This is just a car. We have not counted the costs that it creates e.g kuenda out ovyo ovyo, stress za jam. Is this why we have road rage so high in Nairobi? Now surely how is the middle class supposed to survive this system? I Think Therefore I Am
|
|
|
Rank: Member Joined: 9/12/2008 Posts: 436 Location: illobi
|
Sell the damn car and use public transport.....
A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
|
|
|
Rank: Elder Joined: 10/23/2008 Posts: 3,966
|
Ask yourself whether you WANT the car or you NEED the car. If its a WANT, follow K22's advice. Many times we put ourselves in situations we cannot sustain. Picture this. If you sold your car, your total cost for the month would be (other factors held constant) lower than or equal to sh10,500 that you would spend on car fuel. Thereby saving you sh37,180 that you could actually invest in something else or add to your savings. You can imagine what you could do with sh37,180 every month!!! We are talking of approx sh40,000!!! Good grief!!! Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
|
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
A personal car is the biggest liability and doesn't make sense most of the time. Think about it, if you're buying to floss you can only floss for 2 months then the damn thing is outdated.
BBI will solve it :)
|
|
|
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
|
Nairobi = Stress.If the bijuti was a Nairobian,it would have given up on me long ago. Nothing great was ever achieved without enthusiasm.
|
|
|
Rank: Elder Joined: 6/19/2008 Posts: 4,268
|
2012 wrote:A personal car is the biggest liability and doesn't make sense most of the time. Think about it, if you're buying to floss you can only floss for 2 months then the damn thing is outdated. A car is a liability that's for sure.... but i think its a necessary evil especially if you have child. I lost count long time on how many times i had to dash to hospital at 1, 2 or 3 am because there is this uncontrollable fever hitting 40! Which nairobian will wake up to take you to hospital at that time? And with the kind of insecurities, how many taxis can you trust to be available at that time? Well, i know you will say those who cant afford survive but..... Our lives have also become busy and you have to run to several places in a day - if only they could reduce the jam.... or you have school going children and have to drop them.... mind you, it is cheaper using the car for the family than paying some of these school transport systems.... eg you will find a child in a certain radius is charged like 20k on transport, if you have 3 kids, thats 60k add your transport and that of mamaa...
|
|
|
Rank: Elder Joined: 8/11/2010 Posts: 1,588
|
Wendz wrote:2012 wrote:A personal car is the biggest liability and doesn't make sense most of the time. Think about it, if you're buying to floss you can only floss for 2 months then the damn thing is outdated. A car is a liability that's for sure.... but i think its a necessary evil especially if you have child. I lost count long time on how many times i had to dash to hospital at 1, 2 or 3 am because there is this uncontrollable fever hitting 40! Which nairobian will wake up to take you to hospital at that time? And with the kind of insecurities, how many taxis can you trust to be available at that time? Well, i know you will say those who cant afford survive but..... Our lives have also become busy and you have to run to several places in a day - if only they could reduce the jam.... or you have school going children and have to drop them.... mind you, it is cheaper using the car for the family than paying some of these school transport systems.... eg you will find a child in a certain radius is charged like 20k on transport, if you have 3 kids, thats 60k add your transport and that of mamaa... This will be a need.
|
|
|
Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
|
Unless u drive as part of your job, you is just flossing abk The Governor of Nyeri - 2017
|
|
|
Rank: Elder Joined: 5/24/2007 Posts: 1,805
|
I hear you guys. But the thing is that is just the car expense. Everything else has gone up. Housing, food, school fees ( kwanza school fees!!!) What I could not understand is how guys are surviving in this city and whether at he end of the day... whether we will take back anything to wherever we came from as the goodies of hard work in Nairobi. It seems to me that what is made here remains here... But surely, don't you guys see a very serious crisis in the next 5 or so years? Now banks have started laying off and this is the start of another big retrenchment cycle.. what happens to those guys who had mortgages, car loans, school fees to pay? Maybe its cause I am flat broke and everytime I see someone issue a 1K note, I think they are showing off... I Think Therefore I Am
|
|
|
Rank: Member Joined: 9/12/2008 Posts: 436 Location: illobi
|
bwenyenye wrote:Guys,
Jana I tried to sum up how much it costs to drive to per month.. Here is what I found
Car Fuel 350*30= 10,500
Parking 250*25= 6,250
Car Loan (0.8M @16%)= 22,680
Insurance (7.5% of 1M)= 6,250
Service 1,000
Other Misc 1,000
Total cost per month KShs47,680
This is just a car. We have not counted the costs that it creates e.g kuenda out ovyo ovyo, stress za jam. Is this why we have road rage so high in Nairobi?
Now surely how is the middle class supposed to survive this system? @Bwenyenye you can reduce the cost above by - reduce the insurance value/premium ama chukua 3rd party at 7500/year and live with the risk... - Buy seasonal parking (@3K/Month) - Car Pool - I do and pay Ksh 150/wk on return fare jioni - Buy a car with smaller engine - 1000 - 1300cc or buy a piki piki....
A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
|
|
|
Wazua
»
Market
»
Pennywise
»
Cost of Driving to work
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|