Financing a car in Canada 🇨🇦

[@High_God_666]

saw this guy when he first landed. indeed the system is working for the youth to gain financial independence.

[@pLaNaHeAdGh]

You see oo

[@kofiansah582]

Self education and right information too

[@brightaddo6783]

You are the one helping the youth to gain knowledge. God bless you …long live plan Gh

[@fjohn8985]

Invest in a dash cam. Buy a capacitor type. Don't forget that CRA wants it cut since you are considered self-employed for the tax year; save 30% for deductions so you are not surprised next year. You will be taxed on total income. Your student tuition credits may bring your tax owing down a bit. Your oil change costs are high. Check with Ghanaian mechanics in the west end to sort you out for cheaper.

[@Kojostally]

I like this… Thank You💙

[@stephenowusuansah3072]

This guy is by far so good

[@cwekumoore2862]

Such a selfless soul, be blessed bro🙏🏽

[@fredborteykyeremeh2353]

Very good analysis. You are a wise man 😂. Indeed you've planned ahead from GH and you are getting the perfect results.

[@johnkwakuforkuo7590]

God bless this guy for this insightful message

[@isaacekpahah4304]

Errh this guy is doing a great job. Continue with the good content videos.

[@georgezon2183]

Thank you, Joe, for this invaluable personal info. It inspires us a lot.

[@QuamiDaniel-h6u]

God bless you always Joe 🙏🙏🙏

[@nanaboakyecollins9078]

Very Educative video keep it up bro

[@ReubenYeboah]

Woooow Joe, you are really selfless, we really appreciate your time and motivation.

[@kwamebaffouroduro7589]

❤nice one

[@fredborteykyeremeh2353]

Amazing work Joe. Your contents are very insightful. You are a game changer.

[@tanuel_3103]

Quite cool. Thanks for the information.

[@jadecomic5835]

Much love ❤️❤️ to you Joseph Thanks for sharing🎉

[@alhajibanda5210]

You do all 🙌

[@abdul-fattahabdul-rahman4116]

Awesome content

[@eugenewadosty6433]

Always on point!

[@FelixJonasAdom]

God bless you, bro. Your honesty is real. Keep it up.

[@Weibadua]

Great job

[@readbarus954]

Very nice and educative

[@Moshogh]

Proud of you my guy

[@jellymawuko3171]

Amazing video, you are doing well for us.

[@Nana-KofiAmoah-TV]

Great guy..

[@ebenezeradu4586]

God bless your hustle

[@kenboadu-vj5so]

Thanx for information

[@vickmensah2836]

Good information

[@aj_nimako]

Thank you

[@ericacheampong1658]

God bless you more bro

[@KTech-kq9fd]

Take 30% of your total monthly income, put it aside in a High Interest Savings account. This is to cover for tax filing season next year for 2023. Uber driver is considered self-employed/contractor, so different tax rules apply. Each month top it up with 30% of your total income. Come tax time, pull out the amount requested by CRA and keep the interest earned. Rinse and repeat each year, till you no longer do Uber as your side-hustle.

[@pLaNaHeAdGh]

Thanks my boss

[@KoteyOthnielNeekoteifio]

skillssss

[@danielpernarh]

God richly bless you for this very educative and informative video. Indeed my heart has been satisfied.❤️ 👉 One can get car on credit basis or buy used car for either Uber or delivery services.❤️ 👉 One can get loan from the bank he or she saves to pay fees 😉❤️ This information is deep 💯👍

[@carlsegbefia1766]

I gained admission to Mohawk college Ontario and I’ll be paying the initial deposit this week. Is there a group or anyone I can contact to get information? I’d really appreciate it.

[@IsaiahKwame-w9w]

Many thanks Bro for this info., how many people will reveal the secrets of their success like? Not even our close family members will. God bless you. Much love 🥰

[@levansmedia]

God bless you

[@obedsarpong6557]

Vitz is now GH78000 Bro

[@kwasiosei2948]

Please can i do freelancing as a side hustle whilst working part time in canada without any problems from the government

[@pama2544]

Try make your broadcast global!

[@incomechannel-hn9tk]

Herrr your IQ is very high 😃 very smart.Thanks for the tips bro and can't wait to be there next year 👌

[@MusiciansUPDATEWorldWIDE]

Nice

[@Weibadua]

Do you need to always have a down-payment?

[@nanaagyemangprempeh419]

Nice one bro👍🙏

[@AkwasiTemple]

Thank you bro. Please what are some of the skills a student should have that can grant them job

[@kojodaniels5489]

hello @planaheadGh i need guidance. i have deferred my class to september. I need cash jobs. How do i go about it?

[@oscaragyiri6468]

Keep it up bro

[@TamimuYussif]

interesting

[@nanaagyemangprempeh419]

Please can you explain how we can get the license and the requirements for license 🙏

[@pLaNaHeAdGh]

I have a video on that

[@nanayaa14355]

Hi Joe! How will I be able to reach you directly please? Thank you

[@levansmedia]

We are waiting for more contents from you

[@ernestkumi2710]

I need kind of information because getting visa is not enough but how to survive …. Thanks this update

[@SpoilerAlertssss]

Cos u commented frst

[@KAY-sr9pt]

@planaheadgh is like you started work before school resumed, how was that possible? Won't it affect your credit

[@pLaNaHeAdGh]

It will

[@KAY-sr9pt]

Ooh I see that means it will have effect on your PR application in future or there will be a way out ?

[@Iamdyzzy]

@@KAY-sr9pt Uber dont' take SIN when you apply so I wonder how they will see the hours he works since it's seen as gig. It's just like being a freelancer on fivver that doesn't count towards your 20hours.

[@KAY-sr9pt]

@@Iamdyzzy alright , thanks 👍🏽. I understand now

[@1Grace365]

@@Iamdyzzyso far as your paid through bank which is attached to your SIN number IRCC will know cos they will track your income through the SIN

[@cropfarmer8838]

❤❤❤❤

[@cropfarmer8838]

🔥🔥🔥🔥🔥🔥

[@cropfarmer8838]

👏👏👏👏👏👏

[@Mysta_Pappy]

Thanks for the video. Does working with Uber also limit to the 20 hours per week as a student?

[@pLaNaHeAdGh]

Yes

[@Iamdyzzy]

@@pLaNaHeAdGh In one of your video with Milo when you first got your car, you said the Indians do uber eat for more than 20 hrs please can you clearify that for me if possible thank you.

[@ericowusuaducarrington]

Bro gud morning. Please am a truck driver so how can I come there. Am in dubai

[@sheriffabdin1064]

Please if you bring student visa to Canada Is it necessary to go to school?and I have heard that student are only allow to work for 20 hrs thanks 🙏🙏🙏

[@Iamdyzzy]

It's necessary to go to school if you don't want to have problems with immigration and also want to have a perminant residency. The school will also give you a foothold in Canada and avoid doing the factory work for most of your life.

[@Nana-KofiAmoah-TV]

U have to go to school else u will have immigration issues when u want a PR.

[@yaamargaret6232]

Joseph can you use one car for Uber and delivery?

[@pLaNaHeAdGh]

Yes please

[@cropfarmer8838]

🎉🎉🎉🎉🎉

[@DOW876]

English please!!!!

[@michaeltekpo5295]

First to watch

[@adeobaekundayoadeyinka2234]

But why not speaking English for the sake of non Ghanaians

[@ogechukwubest8408]

Is it only ganaians that is your fan I don't understand a thing that you are saying except from your caption

[@Iamdyzzy]

Let me provide you with a summary of the video content due to the language barrier. In the video, the speaker, who has been in Canada for less than a year, discussed his experience purchasing a Honda Civic through financing. He explained the three options available to acquire a car in Canada: full payment, leasing, and financing. He opted for financing. Initially, he had two car models in mind, Toyota and Honda, known for their durability. He attempted financing with Toyota but faced a challenge. They asked for an initial deposit of $2000 which he paid but they required a co-signer who must be a permanent resident or Canadian citizen with a good credit score. This proved difficult to find. Subsequently, he approached Honda with a better understanding of what to expect. Honda asked for an initial deposit and down payment of $5000. Unlike Toyota, they did not require a co-signer. Instead, they requested his driver's license, void check (containing account details for direct debits), two pay stubs, study permit, and passport. After conducting checks, Honda approved him for a 2019 Honda Civic. Following approval, he needed to arrange insurance for the car, costing him $480. He noted that insurance costs can vary based on location, age, marital status, and having children. Busy areas tend to have higher insurance costs. He also mentioned a workaround, suggesting using the address of someone in less busy areas to reduce insurance expenses. He cited an example of a friend paying $240 monthly for insurance. He then discussed the eligibility criteria for using your car for Uber. In the Greater Toronto Area (GTA), cars should not be older than 7 years, while in other provinces or cities, they may allow cars up to 10 or even 17 years old. You can use your car for either Uber driving or Uber food delivery. With Uber food delivery, you can use car older than 17 years in GTA. The speaker, a student attending classes four times a day, noted that the Canadian schooling system is demanding so he prefers not to work on the days he attend classes. As a result, he only works on weekends, Friday to Sunday. He found Uber driving preferable to warehouse work due to its flexibility, enabling him to cover his expenses and car payments. He also explained that you can return the car if you're unable to make payments or no longer wish to continue. The car dealership will assess for damages, deduct the costs from your down payment, and refund the remaining balance. Additionally, he mentioned that there are banks in Canada that offer financial assistance for students, allowing them to pay their tuition in installments. That sums up the key points from the video. I hope this provides you with a clear understanding.

[@ogechukwubest8408]

@@Iamdyzzy thanks for the explanation I appreciate

[@gbftbl]

​@@IamdyzzyEi ohene you do all

[@sarpongenoch209]

hi bro I just arrived in Canada some few weeks..i am glad watching this video..how do i contact u please

[@danielpernarh]

Can I get your medium to chat you personally? Please!

[@Charlie-in2qj]

Thank you for information

[@adubeabelinda4295]

❤❤❤

[@GeorgesWorkspace]

❤❤❤