An old trini saying which basically describes the scenario
where someone damages an old borrowed item and has to replace it with a new
one. That’s not the scenario I’m describing here though. What I’m talking about
specifically is using your old car to help subsidize the cost of a new one.
I’ve been driving a Nissan for the past 8 years and it’s
about time I “upgrade” as everyone keeps telling me. My decision is not based
on the hankerings of my friends though. The vehicle itself has reached the
point where it is costlier to keep. Mileage on the litre has decreased, oils
have to be changed more regularly and the normal tune up is now demanded more often
than I would prefer.
I could sell the old girl but I’ve decided to make it a taxi
and get a driver. This way the vehicle will take care of itself and provide
some extra cash for my installment on a new vehicle. How much cash will it
provide, you ask? Taxi drivers nowadays pay the owner an average of $200 per
day for 6 days per week. That works out to around $5000 monthly and that’s being
prudent. It can work out to as much as $6000 per month.
So what do you think? Can
an extra 5 or 6 thousand dollars a month take care of your old car and purchase
a new one? I’m willing to give it a try. How about you?
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