You are viewing a single comment's thread from:

RE: Getting a new engine for a coaster bus

in Hive Motors • 25 days ago (edited)

Wow, engine for the sum of 2.5 million naira. Make me feel like having a car right now in Nigeria is more of a liability than an asset .

Your tag says "stemosical" instead of "stemsocial" sir

25 days ago in Hive Motors by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     24 days ago  

    Having a car now is both a liability and an asset. Fueling and maintenance constitute liabilities. If you bought your car for a million Naira 2 years ago, you can sell it as an asset for more than 2 million Naira today, despite factoring in depreciation.

    It's crazy.

    $0.00
      Reply