The Real Cost Of Owning A Car In Jamaica

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  • เผยแพร่เมื่อ 3 ธ.ค. 2024

ความคิดเห็น • 84

  • @aaronr.ballantyne1313
    @aaronr.ballantyne1313 ปีที่แล้ว +34

    "Even though we know in Jamaica the roads aren't worthy of our vehicles" 😂😂😂 that line killed me 🤣🤣🤣

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +4

      Smh 😂 you know I’m telling the truth

    • @DavidMaharaj-rm1td
      @DavidMaharaj-rm1td 7 หลายเดือนก่อน

      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.

  • @mar-qf5mibe
    @mar-qf5mibe ปีที่แล้ว +24

    Guys, save your money. Get a cheap, reliable car. Avoid the debt as much as possible

  • @Elj0_
    @Elj0_ ปีที่แล้ว +10

    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.

  • @learngrowinvest
    @learngrowinvest ปีที่แล้ว +14

    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?

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +2

      Now this is the real money question, great point

  • @MoneyMotivation
    @MoneyMotivation 5 หลายเดือนก่อน +4

    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!

    • @DemetressFairman
      @DemetressFairman  5 หลายเดือนก่อน +1

      Thank you I really appreciate your support

  • @redzspear1153
    @redzspear1153 ปีที่แล้ว +11

    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.

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +2

      Exactly, so if you work shifts and can get some overtime or if work is remote then a car can help gain some cash

  • @marquisebartley9701
    @marquisebartley9701 ปีที่แล้ว +11

    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

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      Respect man, just trying to give great content

  • @filgreat.crypto
    @filgreat.crypto ปีที่แล้ว +9

    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.

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +2

      Honestly it depends on if you can handle it and the if the opportunity cost works for you

  • @shansam7873
    @shansam7873 ปีที่แล้ว +9

    Thank you… I no longer want one

  • @Chris-lh6mi
    @Chris-lh6mi ปีที่แล้ว +4

    “This nigga don’t miss” (snoop dawg voice)
    He’s good yo

  • @sanjabonnick1694
    @sanjabonnick1694 ปีที่แล้ว +1

    Finally a proper video explaining approximate costs

  • @michaeltyson5507
    @michaeltyson5507 9 หลายเดือนก่อน +2

    Thanks i needed this, video well put together

  • @Happyheart1532
    @Happyheart1532 ปีที่แล้ว +1

    THIS. MAKES. SENSE.
    Thank you.

  • @chromographic
    @chromographic ปีที่แล้ว +5

    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

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      Yep put pen to paper and see if it works for you

  • @vanflyheight8487
    @vanflyheight8487 ปีที่แล้ว +1

    Informative, and graphical and with wit, you got a subscriber

  • @pennyvision7185
    @pennyvision7185 ปีที่แล้ว +1

    Best video I've seen on this topic. I'm American btw

  • @okelliersterling2212
    @okelliersterling2212 ปีที่แล้ว +2

    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)

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +1

      Yes a car emergency fund is wise, but I have an overall emergency fund so I might have to start separating them

  • @annicaferguson9722
    @annicaferguson9722 ปีที่แล้ว

    Listen ! That video was awesome 👌, very entertaining and even tho mi probably nuh bada want nuh car mi Learn alot

  • @malikbarnett
    @malikbarnett ปีที่แล้ว +1

    my eyes are now since i am looking to get my learner. Good video as always.

  • @speedyjmid1822
    @speedyjmid1822 ปีที่แล้ว

    Am so glad I see this video I was about to buy my first car then live from pay check to pay check

  • @sandiewhyte5038
    @sandiewhyte5038 2 หลายเดือนก่อน

    Great video !

  • @hurricanegilbert
    @hurricanegilbert ปีที่แล้ว +2

    Good content and good editing 👍🏾

  • @FiDi624
    @FiDi624 ปีที่แล้ว +3

    Dont forget parts that you have to buy after driving on dem road yah 😤 Parts dem expensive like my daughter school fee 🤦🏽‍♂️

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      Lol it’s in there man at the end, but I kept it low but honestly it should be a lot higher

  • @dell7990
    @dell7990 4 หลายเดือนก่อน +2

    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.

    • @DemetressFairman
      @DemetressFairman  4 หลายเดือนก่อน

      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.

    • @dell7990
      @dell7990 4 หลายเดือนก่อน

      @@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

  • @ALaw-g1r
    @ALaw-g1r ปีที่แล้ว +2

    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

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      😂 once in blue moon, nah sah not in them hot time yah

  • @boomspeng
    @boomspeng 10 หลายเดือนก่อน

    Thank you bro

  • @JaMatrix.
    @JaMatrix. ปีที่แล้ว +1

    Well done.

  • @GarthGrant
    @GarthGrant ปีที่แล้ว +3

    Lol I am not motivated to get a car lol...that's why and getting at least 2 house before ..lol..hopefully

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      Good ambition, if it fits your goals and needs then do it 🙌🏾

  • @alllthatandmore4809
    @alllthatandmore4809 ปีที่แล้ว +1

    What are your thoughts on driving left hand drive vehicles in Jamaica?

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว

      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.

  • @CSOJAPAN
    @CSOJAPAN ปีที่แล้ว +1

    For Jamican roads japnese cars are best

  • @brandonwilliams1388
    @brandonwilliams1388 ปีที่แล้ว +4

    Which insurance calculator is that?

  • @tyreecemorris7697
    @tyreecemorris7697 2 หลายเดือนก่อน

    How does having a dashcam decreases the insurance?

  • @boomspeng
    @boomspeng 8 หลายเดือนก่อน

    Thanks bro

  • @okjr
    @okjr ปีที่แล้ว +3

    U know what's the worse part about this jamaica has a terrible public transportation system

  • @caribbeanbwoyz2361
    @caribbeanbwoyz2361 9 หลายเดือนก่อน

    This helped me alot 😂😂😂😂

  • @caseanful
    @caseanful 5 หลายเดือนก่อน

    coming from st lucia the entier caribbean rigeon system is just non sense and cant be answered to make sense we need change

  • @gillianthompson6867
    @gillianthompson6867 ปีที่แล้ว +1

    What is your opinion on a Honda grace hybrid.

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +2

      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

  • @DosesofTahj
    @DosesofTahj 8 หลายเดือนก่อน +2

    This video stress me out

  • @philjonesfootball4696
    @philjonesfootball4696 11 หลายเดือนก่อน +2

    Thanks for the reality check 😂

  • @richardmuirhead5428
    @richardmuirhead5428 6 หลายเดือนก่อน +1

    How much should i budget for bribery? Police have relieved me of way more money than thieves in Jamaica.

    • @DemetressFairman
      @DemetressFairman  6 หลายเดือนก่อน

      Lol that’s a personal question

  • @realtimeeconomics
    @realtimeeconomics ปีที่แล้ว +1

    Hey Demetress What software you use to edit

  • @tkash4th
    @tkash4th 3 หลายเดือนก่อน

    Almighty God dwn payment

  • @sharnsimmonds
    @sharnsimmonds ปีที่แล้ว +1

    Gas prices going back up 🥺

  • @kingnegus5000
    @kingnegus5000 6 หลายเดือนก่อน

    Intrest 10% is high ..what's the lowest rate u can get in Jamaica

    • @geno166
      @geno166 4 หลายเดือนก่อน

      Some banks give 5 percent and some even no down payment. Shop around

  • @giniolamy
    @giniolamy ปีที่แล้ว +1

    Dam seems like to own a car 🚗 in Jamaica 🇯🇲 is sn easy task

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +2

      It’s easy but most times we take on ones that are out of our budget

  • @danielskeffery846
    @danielskeffery846 ปีที่แล้ว

    😢😂 why my little head thought insurance was a one time payment. Lawd have mercy

  • @garylawrence876
    @garylawrence876 ปีที่แล้ว

    Damn, a so much money I saved driving a company vehicle? I didn't buy gas for many years!

  • @edwardhoffenheim3249
    @edwardhoffenheim3249 6 หลายเดือนก่อน

    I rather walk or tek bus. Cause this a madness lmao

  • @Maskman_original
    @Maskman_original ปีที่แล้ว +3

    My choice is owning a bicycle 🚲.

    • @DemetressFairman
      @DemetressFairman  ปีที่แล้ว +1

      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

    • @4evahodlingdoge226
      @4evahodlingdoge226 ปีที่แล้ว

      Cyan drive any form of bike in Jamaica, i never met a single bike rider who neva ina serious accident and bruck up demself.

  • @dwightwilliams311
    @dwightwilliams311 ปีที่แล้ว +2

    Don't make sense I buy a car then.

  • @akheemelawrence8041
    @akheemelawrence8041 ปีที่แล้ว

    Yyyyyy 😂 popcaan is sonthing else

  • @akheemelawrence8041
    @akheemelawrence8041 ปีที่แล้ว

    Jamaican businesses r so behind time and strategy. Not even 10 business in jamaica offer affliate programs