Thank you for watching the video. Please make sure to watch the entire video before leaving a comment. Just to address future comments: 1. The aim of this video was just to explain the concept of leasing in detail. 2. I share my own personal stories to make it more relatable, practical and informative. 3. And before you judge our decisions please note that people’s income levels are not the same. 4. We are not choosing luxury because we want to impress people, but we’re just feeding our lifelong dreams. 5. Hubby works very hard, he’s allowed to reward himself with whatever car that makes him happy as long as he’s not neglecting his other financial responsibilities. 5. Hubby returned the car because he was buying another one. Before you judge or offer advice, know that We can afford these luxuries and we do have investments and we’re living below our means and we still plan to make more money so we can afford even more luxuries like even leasing a private jet not only just cars😂❤
I value your opinion what I've decided as I'm purchasing a new car in the new with my budget of R500, 000 is leasing I'm not planning on keeping the car very long at most 18 to 24 months I'm at ease and feel confident in the information you shared🌸❤️
@@xireninsights Thank you for being open ans transparent. I hope this video will be of help to others and real sad that people leave nasty comments. Very insightfull video and shame on the ‘haters’. Stay blessed🙏🏼
Instead of judging, why can't we thank them for coming out to share with us their experiences so we don't fall for the same traps in the future? Money is spiritual, and it's always looks real when your emotions take over. "We listen, We take Notes , and We Don't Judge." Thank you for the valuable lesson shared on this video. ❤
One impressive thing about this video is that you understand these numbers. Most women are just happy to be front seat passenger trophies and leave everything to hubby.
She is a CA, also the person who should understand these is the one who signs the lease ukuthi who is your passenger and what they understand, nobody cares about that
You content is topnotch. Alot of people wont admit it, but they make similar decisions in private, then try act rational in public. You are a star, and the fact that you are human and learning with every decision, shows how smart you are. You are on the right path, ignore the holier than though comments.😊
Love that you are free to higlight mistakes most of us make in private on a public platform with a risk of being judeged for your decision making.What people dont understand is that ,generally what people dont understand is most of our best learning experiences come from making mistakes.
I bought a 2015 Hyundai Accent and saved R53k on the deal. When we ran into financial difficulties, we were able to sell the car back to Hyundai, cash out, and buy a car cash. I won't be financing a car again. Cars are just a means of transportation, not a status symbol and the maintenance cost leaves a big hole in your pocket.
The excess charged by insurance companies is a rip off. Why are you paying a premium then? They don't charge excess on life insurance policies once you dead. Think about this tip off.
When buying a car :Big deposit + small monthly installments + make additional payments + early settlement = quick car ownership. This thing of R3 500 deposits on a R930 000 capital balance is wild business!
Also leasing vehicles is more expensive than buying (monthly instalments) however people have different ways of thinking. We learn from everything including people’s experiences.
Guys my boss drives a Merc SUV paying almost R20k a month but he stays in a 2bed apartment with his brother 😂 so ey don’t judge sisters here she is trying .
The lessons here are priceless. As usual majority will critic you unless you had posed it hypothetical scenario. Also sad that a lot of people who will criticize probably drank all their money before paying fees for next year. We sin differently and instead of learning we chose to judge. Thnx for making your life experience a teachable moment. Personally um glad l outgrew my need to please so quickly. And being a zimbabwean you forced to buy cash, which helps and will keep your options quite limited to what u hv.
Thanks for sharing I feel sorry for others under these agreements I feel this is dishing out money for free really 😮take the sixteen Grand go buy a preowned 4 series and pay less than 8k month or buy 2 series and save plenty No time in 2024 to dish out cash 😢
So true, leasing (in my opinion) is more expensive than buying. If you don’t plan on keeping a car or considering resell/resale value after 3 years or 5 years then lease but buying is cheaper
@The1-4287 Like what? If you compare over 6 years of leasing vs buying, leasing will always be more expensive because the dealer is making the profit and keeping the car.
She's normal nothing that other people are not doing which is making decisions emotionally , most of us are not really rational and logical as we assume we are 😂😂😂😂😂.
We all make mistakes and learn through the journey. Human nature is always looking at upgrading lifestyle even with a small increase or promotion, it catches up, kids also play a role.
This is really informative because when people talk about these deals by these manufacturers they dont highlight these cons, like your wear and tear the chances of these are very high if you use your vehicle so its like a guarantee that the dealers will squeeze that bit of extra cash
Maybe one can try this when renting to buy... As soon as you get the car, take an aftermarket warranty on paint, dent, scratch and and rims. You can get one for under R500
This is such a lovely video, and it's so informative. At the 13th minute, when estimating how much it could have been if he had taken the traditional instalment sale with balloon; He would have had to use a different finance provider like a bank because with BMW, 72 months maximum balloon is 30%, if you want 40% balloon, the months must go down to a max of 60. The online BMW Vehicle Finance Calculator also disallows having 72 months with 40% balloon. Also, congratulations on the new car 🥳
YES! After 4 years they want their car back or give you an option of purchasing it. If you bought it, after 5 years you own it. Leasing is horrible, mostly people in the entertainment industry and athletes lease because they are on contract.
Thank you so much for yet another Informative video, And the people in the car dealership are not fully feasible about the implications of leasing and they only give you the information that will make you take a car because it's cheaper and end up regretting because you can not own that car
I have never leased a car but i looked at that option and found that its like renting an apartment, and in the long run you could come up ahead if you were to finance that car over the same 5 year period, and you can still sell it after the finance period and use that money to get your next car. that's just my view on the vehicle lease option,
It is true and if your return your vehicle for purchase new car after 4 years. Any vehicle dealerships and Automotive logistics always do Assessment your car first before anything else. thank you form for sharing sister
European car parts are very expensive ,also they make alot of plastic engine parts that turn brittle with extreme heat over time and again ,euro cars in general are pricey to maintain qnd own ,its a learning experience
Financial literacy is 20% knowledge and 80% emotions. It doesn’t matter how much financial knowledge you have, if you can’t control your emotions and impulses then you’ll still make bad financial decisions, with all the knowledge.
Was in accident in my BMW 3 years ago. Best event to have happened to me, cause after insurance paid out; and I decided not to buy luxury cars anymore; my pockets were bulging.
I honestly think your husband is the problem here coz both times you returned these cars it was him who convinced to buy.....your man has terrible financial management you should be teaching him..I hope he watches your videos
So the difference between leasing and buying the monthly installment is almost the same with leasing after the term ends when you take back the car you definitely have to pay back some more money regarding wear an tear buying at the end of the term the vehicle belongs to you to do as you want
My sister, I had the same situation with Mini after 48 months. Suddenly there are damages worth R34k on a car that still looks brand new. They are also refusing to accept a brand new shaterprufe windscreen and said they want one with a bmw or mini logo. Just a bunch of bitter and incompetent people who only want to get as much money from you as possible. I am never leasing or doing BMW ever again!
Decisions you've made as an account, no wonder why some companies can be performing until the change a CEO to a different one with the same or higher qualifications and still the company fails.
The moment I saw a balloon payment of nearly half a million, I couldn’t help but wonder-what was the plan? Would you mind sharing? Was the idea to return the car and get a new one? Is it more cost-effective to switch cars frequently, or would it make more sense to commit to a high-premium car, save up for potential repairs, and keep it for many years or even a lifetime?
2 things 1. Paying that much for a nonperfomance car that looks like a performance car, you will soon regret it, trust me 2. For an accountant you should have made a choice that you would not regret within 6 years
The guys don't forget that European cars lose their values very quickly, I would buy a used Japanese car in good condition... Thank you for sharing your experience and teaching all of us.. Thank you
2:57 Tires are not normal wear and tear? 🤔 Ayi ngathi they took you for a ride there 8:59 Okay i see they have it as a condition but haowa those conditions are crazy nobody is keeping a car that perfect after even a year unless they only drive it on weekends 😂😂
😊I’ve never seen someone who buys vehicles and returning them like you, im 100% sure you gona buy a car again and return it and make a TH-cam video again.
I'm just so heartbroken as we, black kids of Africa, are being abused by European corporates - and we allow it. Core to it is our weakness. The whole thing is not worth it. Thank you for sharing your private story.
Thank my sister.You are helping a lot of people...Me,guru n this game, Those guys are sharks. Unfortunately they capitalize, just like apex predator. Nothing wrong with class. In these game, is there are rules. If you are in the market, ask around , chances are you will run in, with a guru like me. That bmw 420i, is not worth that price everywhere. Shop around, ,,My sister, lease is not flexible, it is a trap.A ballon or so called residual, is a recipe for disaster. Same as re financing the car, you are going to be hand up all time. Thanks beautiful, you help many.
If I had money, I honestly woundnt mind this GFV deal. Get a brand new car, drive it for 4 years, and return it for a new one. No worries about maintenance or whether I'll get a buyer after 4 years.
A colleague used to do that driving the most expensive cars but one day our company was closing down and we got retrenched yoh he was left without a car of his own while us who bought affordable cars and paid them off we still have our cars to this day
First mistake u think it's a good idea u get a new car... but true is no car will survive without a dent a chip for 4 yrs and by the time u go back for a new car they will tell u u owe them before u sign for a new car u must pay now that's the catch
How do you make the same mistake twice???😭😭a car is a liability not an asset🤦🏽♀️🤦🏽♀️ you should of learned the first time with your first 420i. If you cant buy it twice, you cant afford it
@13:50 sorry my sister your calculations are off. It's cheaper to lease full stop. Go to Aucor/ burchmores around midrand ex lease vehicles are sold there.
1st you won't have to worry about the kids damaging the car 2nd you won't have care issues. That's is the cheapest and best option. Ul thank me by no more having care issues 👍🏽
With the understanding that you have with numbers I really don’t get how you didn’t know leasing is the worst option to choose considering that is just a piece of luxury nonsense that was not even bringing anything in return.
accounting needs to be mixed with emotional intelligence. Dont live ur life for others and status. Thank u for sharing. please work on ur emotinal intelligence
I’ve got R16 million in South Africa, but when I’m in South Africa, I never drive such big cars, why you, common sense has to apply, otherwise you’ll work for finance the whole of your life, never chew more than you can swallow.
I will never understand why people buy cars on finance, why not buy a car cash even its a polo or ford fiesta, no stress at all. Or do these people buy cars on finance to impress people?
It's because majority of people don't have that kind of cash stashed somewhere. Sometimes where we choose to stay there's no reliable public transport and we end up forced to have a car. I do understand does not necessarily have to buy the luxury car but then again people have preferences. At the moment busy planning to save for a house. A car is affordable even on finance because of shorter repayment period compared to buying a house.
For the fact that she is CA and buying car on credit, shows she doesn’t understand finances and how money works. No generational building just low self-esteem using material to feel the void. Sad story. Unfortunately financial education is not taught at school even with financial degree. Black SA uppermiddle has an opportunity to change things in terms of ownership in the country but busy with material things that depreciate. 😢 We can't be glorifying such! Rich dad poor dad book should be first start !
Thank you for watching the video. Please make sure to watch the entire video before leaving a comment. Just to address future comments:
1. The aim of this video was just to explain the concept of leasing in detail.
2. I share my own personal stories to make it more relatable, practical and informative.
3. And before you judge our decisions please note that people’s income levels are not the same.
4. We are not choosing luxury because we want to impress people, but we’re just feeding our lifelong dreams.
5. Hubby works very hard, he’s allowed to reward himself with whatever car that makes him happy as long as he’s not neglecting his other financial responsibilities.
5. Hubby returned the car because he was buying another one. Before you judge or offer advice, know that We can afford these luxuries and we do have investments and we’re living below our means and we still plan to make more money so we can afford even more luxuries like even leasing a private jet not only just cars😂❤
I value your opinion what I've decided as I'm purchasing a new car in the new with my budget of R500, 000 is leasing I'm not planning on keeping the car very long at most 18 to 24 months I'm at ease and feel confident in the information you shared🌸❤️
@@xireninsights Thank you for being open ans transparent. I hope this video will be of help to others and real sad that people leave nasty comments. Very insightfull video and shame on the ‘haters’. Stay blessed🙏🏼
Instead of judging, why can't we thank them for coming out to share with us their experiences so we don't fall for the same traps in the future? Money is spiritual, and it's always looks real when your emotions take over. "We listen, We take Notes , and We Don't Judge." Thank you for the valuable lesson shared on this video. ❤
Beautiful comment 👌👌
Nothing spiritual about money lol
WHY DO WE JUDGE SOMEONE WHO HAS SET HERSELF FREE ..SICK WORLD
@PRINCO95. Exactly what I am talking about.
👏👏👏
A car is not an investment. That is what I learned from this video . Thank you for your transparency ❤
We listen we don’t judge
😮😂😂😂
😂😂😂
😂😂😂
@ this stage...after 2nd one we judging😂😂😂
One impressive thing about this video is that you understand these numbers. Most women are just happy to be front seat passenger trophies and leave everything to hubby.
She is a CA, also the person who should understand these is the one who signs the lease ukuthi who is your passenger and what they understand, nobody cares about that
You content is topnotch. Alot of people wont admit it, but they make similar decisions in private, then try act rational in public.
You are a star, and the fact that you are human and learning with every decision, shows how smart you are.
You are on the right path, ignore the holier than though comments.😊
Everybody loves luxury. Nothing wrong. Keep working hard until you can afford that which your heart desires.
Thank you for being so transparent . Your content is informative.
Love that you are free to higlight mistakes most of us make in private on a public platform with a risk of being judeged for your decision making.What people dont understand is that ,generally what people dont understand is most of our best learning experiences come from making mistakes.
Great information..
A matter of principle..if you cant buy it cash...stay without
We buy nonsense we don't need,with money we don't have, to impress people we don't like.
Very true, you can say that again. Plus Car hijackers. With that car in South Africa 🤮
Broke people's mentality
😂😂we try to impress people who dont even care about us.
Can you go on top of the highest mountain to say that, so everyone can hear. Please
South african car status in Netherlands Tesla car is an Taxi.
I bought a 2015 Hyundai Accent and saved R53k on the deal. When we ran into financial difficulties, we were able to sell the car back to Hyundai, cash out, and buy a car cash. I won't be financing a car again. Cars are just a means of transportation, not a status symbol and the maintenance cost leaves a big hole in your pocket.
A car is a liability which ever way you look at it. Even if it stand dead still for 1 day it's losing value.
The excess charged by insurance companies is a rip off. Why are you paying a premium then? They don't charge excess on life insurance policies once you dead. Think about this tip off.
From the wear and tear conditions, basically BMW is saying ' purchase and park the car' inorder to return it in good condition.
Absurd 😢😢😢😢😢😢😢
I won't be buying a car finance also. That thing is scam
When buying a car :Big deposit + small monthly installments + make additional payments + early settlement = quick car ownership.
This thing of R3 500 deposits on a R930 000 capital balance is wild business!
Also leasing vehicles is more expensive than buying (monthly instalments) however people have different ways of thinking. We learn from everything including people’s experiences.
Guys my boss drives a Merc SUV paying almost R20k a month but he stays in a 2bed apartment with his brother 😂 so ey don’t judge sisters here she is trying .
😂😂😂 total mess
The lessons here are priceless. As usual majority will critic you unless you had posed it hypothetical scenario. Also sad that a lot of people who will criticize probably drank all their money before paying fees for next year.
We sin differently and instead of learning we chose to judge. Thnx for making your life experience a teachable moment.
Personally um glad l outgrew my need to please so quickly. And being a zimbabwean you forced to buy cash, which helps and will keep your options quite limited to what u hv.
Thank you for this mie sister...getting a smaller car is not a downgrade...pls go back to the drawing board and get something affordable.🎉🎉 Jah Bless
3.5k deposit on a 900k vehicle .😂😂😂😂
You will forgive me
🤭😅
Like why did he even bother 😅😅😅
It was just for paperwork
We listen and we don't judge
😂
This is, was, and always will be insightful
Thank you for this video. It's very informative! Especially the leasing vs. purchasing to own cost breakdown.
You’re welcome ❤️
nice content,that why i buy 2nd hand after the 1st owner has absorbed the loss
Your videos are raw and refreshing ❤
Thanks for sharing I feel sorry for others under these agreements I feel this is dishing out money for free really 😮take the sixteen Grand go buy a preowned 4 series and pay less than 8k month or buy 2 series and save plenty
No time in 2024 to dish out cash 😢
Qualifying vs affordability
I applause your transparency though.
If you do a calculation comparing financing a car over 6 years and leasing cars over the next 6 years, the person buying will come out on top
So true, leasing (in my opinion) is more expensive than buying. If you don’t plan on keeping a car or considering resell/resale value after 3 years or 5 years then lease but buying is cheaper
It depends on so many variables
@The1-4287 Like what?
If you compare over 6 years of leasing vs buying, leasing will always be more expensive because the dealer is making the profit and keeping the car.
She sounds smart and knowledgeable, i don’t understand where she goes wrong. Well unless if it’s just for content
It's emotional buying! Akekho okhuza omunye! ( It's like teenagers) 🥳
She's normal nothing that other people are not doing which is making decisions emotionally , most of us are not really rational and logical as we assume we are 😂😂😂😂😂.
Financial literacy is 20% knowledge and 80% emotions/impulse control.
We all make mistakes and learn through the journey. Human nature is always looking at upgrading lifestyle even with a small increase or promotion, it catches up, kids also play a role.
She’s human at the end of the day. We all make financial mistakes. Even CEOs of big companies make bad financial decisions at times
Always know the importance of assets versus liabilities in your life .
Thanks for the transparency but I can’t stop thinking…People got money to play in South Africa yhey!😳
This is really informative because when people talk about these deals by these manufacturers they dont highlight these cons, like your wear and tear the chances of these are very high if you use your vehicle so its like a guarantee that the dealers will squeeze that bit of extra cash
Maybe one can try this when renting to buy... As soon as you get the car, take an aftermarket warranty on paint, dent, scratch and and rims. You can get one for under R500
Trick Herr is if u bring the car back n colour shows it was worked on they charge again 😂
This is such a lovely video, and it's so informative.
At the 13th minute, when estimating how much it could have been if he had taken the traditional instalment sale with balloon; He would have had to use a different finance provider like a bank because with BMW, 72 months maximum balloon is 30%, if you want 40% balloon, the months must go down to a max of 60.
The online BMW Vehicle Finance Calculator also disallows having 72 months with 40% balloon.
Also, congratulations on the new car 🥳
Thank you for educating the masses ....having said that, I have always thought these leases are nothing but fraud.
How so? I leased cars when I lived in Miami because I knew I didn't want to be there forever. It works if u know what u r doing.
16k per month and walking away with nothing 😭😭😭😭You guys are rich 😳
It's LIFESTYLE baba...
😂😂 people earns
more silly than rich 😂
Rich people don't buy cars like this
@@fikilemaroga that's straight CAP
Which means leasing a car is like bringing back as it was before.
Yes ,
Which is imposable in a period of 4years
YES! After 4 years they want their car back or give you an option of purchasing it. If you bought it, after 5 years you own it. Leasing is horrible, mostly people in the entertainment industry and athletes lease because they are on contract.
Thank you so much for yet another Informative video, And the people in the car dealership are not fully feasible about the implications of leasing and they only give you the information that will make you take a car because it's cheaper and end up regretting because you can not own that car
I have never leased a car but i looked at that option and found that its like renting an apartment, and in the long run you could come up ahead if you were to finance that car over the same 5 year period, and you can still sell it after the finance period and use that money to get your next car. that's just my view on the vehicle lease option,
How do you take back a car to a dealership with dents??😭😭😭😭 2:39
Thank you Sis for info and advice...
It is true and if your return your vehicle for purchase new car after 4 years. Any vehicle dealerships and Automotive logistics always do Assessment your car first before anything else. thank you form for sharing sister
European car parts are very expensive ,also they make alot of plastic engine parts that turn brittle with extreme heat over time and again ,euro cars in general are pricey to maintain qnd own ,its a learning experience
For people who work with numbers hayi some of these money decisions are crazy 😂 impulse?
100% spot on.
That's what puzzles me...🤦🏽
Financial literacy is 20% knowledge and 80% emotions. It doesn’t matter how much financial knowledge you have, if you can’t control your emotions and impulses then you’ll still make bad financial decisions, with all the knowledge.
Suzuki swift ❤
Great car but have problem with lack of turbo.
I had a Baleno....super super great ihighly recommend.
The Lease option on this car was the best option...😎 the total cost of ownership would be far worse😉
Thank you Soo much for sharing 🙏🏾🙏🏾
Was in accident in my BMW 3 years ago. Best event to have happened to me, cause after insurance paid out; and I decided not to buy luxury cars anymore; my pockets were bulging.
I honestly think your husband is the problem here coz both times you returned these cars it was him who convinced to buy.....your man has terrible financial management you should be teaching him..I hope he watches your videos
Damn girl relax. You don't know these people
Good content, this will help many people in making such decisions in the future.
Wisdom is imperative in life and a spouses should have that too.Partnership is about compatibility in various areas or els you will see flames!😮
Intellegent woman💯
Thank you ❤️
So the difference between leasing and buying the monthly installment is almost the same with leasing after the term ends when you take back the car you definitely have to pay back some more money regarding wear an tear buying at the end of the term the vehicle belongs to you to do as you want
My sister, I had the same situation with Mini after 48 months. Suddenly there are damages worth R34k on a car that still looks brand new. They are also refusing to accept a brand new shaterprufe windscreen and said they want one with a bmw or mini logo. Just a bunch of bitter and incompetent people who only want to get as much money from you as possible. I am never leasing or doing BMW ever again!
Wow thank you very much sister, the information is powerful.
some of your financial decisions puzzle me.
Thank you for sharing your experiences. It is much appreciated.
The way you love cars lona, you even make videos in them 😂😂
I appreciate and enjoy your content. It's very informative. Please ignore the negative comments
Please keep your husband away from making such financial decisions in your household. He is clearly not fit for the role
Decisions you've made as an account, no wonder why some companies can be performing until the change a CEO to a different one with the same or higher qualifications and still the company fails.
Wear and Tear Guide = "We want it back in mint condition" after 4 year💔😂
The moment I saw a balloon payment of nearly half a million, I couldn’t help but wonder-what was the plan? Would you mind sharing? Was the idea to return the car and get a new one? Is it more cost-effective to switch cars frequently, or would it make more sense to commit to a high-premium car, save up for potential repairs, and keep it for many years or even a lifetime?
Thank you sister for sharing knowledge 🙏
If those tires were run flat tires then 5k is the price to pay,they were not unfair
2 things
1. Paying that much for a nonperfomance car that looks like a performance car, you will soon regret it, trust me
2. For an accountant you should have made a choice that you would not regret within 6 years
Thank you for the transparency
Can you tell me what is the meaning of life indeed
Thank you so much for this
Love this video, ❤❤
The key word is "lease" any car that is leased should be returned, they were renting the car not buyung it
The guys don't forget that European cars lose their values very quickly, I would buy a used Japanese car in good condition... Thank you for sharing your experience and teaching all of us.. Thank you
He should have come down and continue with this deal
Interest rate aint fixed?
YOH thats wild
You my brother are in for a surprise 😭
@@manonthemoon997 Can you negotiate for one that is fixed?
2:57 Tires are not normal wear and tear? 🤔 Ayi ngathi they took you for a ride there
8:59 Okay i see they have it as a condition but haowa those conditions are crazy nobody is keeping a car that perfect after even a year unless they only drive it on weekends 😂😂
😊I’ve never seen someone who buys vehicles and returning them like you, im 100% sure you gona buy a car again and return it and make a TH-cam video again.
Lol for sure..... lol but good content I guess 😅
So in all yo videos u returning a car?😮
I'm just so heartbroken as we, black kids of Africa, are being abused by European corporates - and we allow it. Core to it is our weakness. The whole thing is not worth it. Thank you for sharing your private story.
Thank my sister.You are helping a lot of people...Me,guru n this game, Those guys are sharks. Unfortunately they capitalize, just like apex predator. Nothing wrong with class. In these game, is there are rules. If you are in the market, ask around , chances are you will run in, with a guru like me. That bmw 420i, is not worth that price everywhere. Shop around, ,,My sister, lease is not flexible, it is a trap.A ballon or so called residual, is a recipe for disaster. Same as re financing the car, you are going to be hand up all time. Thanks beautiful, you help many.
Wow... R16k per month for a car. I was paying R2500 for a ford figo and angry when I see the monthly sms of debit 😊😊😊
I would hope that his property he lives in is more than R16k a month
Its okay to downgrade hun❤
If I had money, I honestly woundnt mind this GFV deal. Get a brand new car, drive it for 4 years, and return it for a new one. No worries about maintenance or whether I'll get a buyer after 4 years.
A colleague used to do that driving the most expensive cars but one day our company was closing down and we got retrenched yoh he was left without a car of his own while us who bought affordable cars and paid them off we still have our cars to this day
First mistake u think it's a good idea u get a new car... but true is no car will survive without a dent a chip for 4 yrs and by the time u go back for a new car they will tell u u owe them before u sign for a new car u must pay now that's the catch
When we are learning you are not processing the numbers for a lesson.
Does this lady understand $376 800 and R376 800 are Two Completely Different Figures😭😭😭😭🤦🏽♀️🤦🏽♀️🤦🏽♀️popeye 13:23
That's a base model BMW that is as slow as a honda so you might as well return. Just buy a honda.
How do you make the same mistake twice???😭😭a car is a liability not an asset🤦🏽♀️🤦🏽♀️ you should of learned the first time with your first 420i. If you cant buy it twice, you cant afford it
Hello i have just subscribed on your channel are you financial adviser?
Hi. No im not a financial advisor
@13:50 sorry my sister your calculations are off. It's cheaper to lease full stop. Go to Aucor/ burchmores around midrand ex lease vehicles are sold there.
Seeing you and hubby trust each other find a solid mech for bmw eg tune tech and put money aside and buy a 2/3 year old bmw.
1st you won't have to worry about the kids damaging the car 2nd you won't have care issues. That's is the cheapest and best option. Ul thank me by no more having care issues 👍🏽
Travel less, travel small and all costs are low.
With the understanding that you have with numbers I really don’t get how you didn’t know leasing is the worst option to choose considering that is just a piece of luxury nonsense that was not even bringing anything in return.
I’m judging ok , I saw this coming
They'll be another one coming soon 😅
accounting needs to be mixed with emotional intelligence. Dont live ur life for others and status.
Thank u for sharing. please work on ur emotinal intelligence
I think she's my type
This lady talking out of her ass😭😭😭 72 Months not 5 Years??😭😭😭 12:26
I’ve got R16 million in South Africa, but when I’m in South Africa, I never drive such big cars, why you, common sense has to apply, otherwise you’ll work for finance the whole of your life, never chew more than you can swallow.
First time seeing a person who has 16million rands in writing on social media that they have it…. But go off😅
I will never understand why people buy cars on finance, why not buy a car cash even its a polo or ford fiesta, no stress at all. Or do these people buy cars on finance to impress people?
It's because majority of people don't have that kind of cash stashed somewhere.
Sometimes where we choose to stay there's no reliable public transport and we end up forced to have a car.
I do understand does not necessarily have to buy the luxury car but then again people have preferences.
At the moment busy planning to save for a house.
A car is affordable even on finance because of shorter repayment period compared to buying a house.
advertising companies are pumpin billions of dollars to trap people
It's was not on finance and they were also not buying it, but leasing/renting the cars
420i is not even a bmw in my view but 430i,435i,440i are the real bmw
It sounds like your husband does not look at the numbers like you do, he just likes BMWs. Didn't he convince you to buy a BMW before?
Hmmmmmm! Stupid money decisions😮😮😮😮 a car is not an investment Sis Accountant.
Ndiboneni like OoNandipha baphi ngoku.
Marha mi rhandza swilo
Please buy me. A polo vivo 2010 version
Trying to achieve what? A car is not an asset. Such stress just for show off?
For the fact that she is CA and buying car on credit, shows she doesn’t understand finances and how money works. No generational building just low self-esteem using material to feel the void. Sad story.
Unfortunately financial education is not taught at school even with financial degree.
Black SA uppermiddle has an opportunity to change things in terms of ownership in the country but busy with material things that depreciate. 😢
We can't be glorifying such!
Rich dad poor dad book should be first start !
Good comment. Cannot believe she is a CA and does not understand the basics.
You been returning cars just walk