Ghanaian Man Says Cars Are Liabilities After Spending GH₵300 on Tyre

A Ghanaian man shares a lesson about owning a car in the country while calling it a liability.

In a video spotted,the yet-to-be-identified man argued that owning a vehicle should be seen as a liability rather than an asset, contrary to what many people believe. To prove his point, he

showed himself at a mechanic’s shop fixing his car tyre, which had been punctured. He explained that the unexpected replacement had cost him GH₵300. He said: “You think owning a car is an

asset? Owning a car is not an asset o. Owning a car is a liability. My tyre got a puncture, so I have to pay GH₵300 for a new one.” He also cautioned that without a steady income or reliable

cash flow, unforeseen maintenance expenses can become a significant financial burden. He further advised people to be financially prepared before purchasing a vehicle. In his words: “Imagine

you don’t have an income and you have a car. How are you going to…? If you don’t have a cash flow, don’t own a car. A car is not an asset. A car is a liability. He (the mechanic) said the exact

price is GH₵300. For this alone, you’ve spent GH₵300. I hope this advice helps some of you.”

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