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Big Brother, Pere Egbi - A Car Is Not An Investment

Big Brother Naija reality show star, Pere Egbi, has explained that he doesn’t own a car because it isn’t an investment.

Pere Egbi

He berated those who squander their money on exotic cars, stressing that landed properties and businesses are assets but not cars.

Speaking in the latest episode of the Spill With Phyna podcast, Pere said, 

“Car no be investment. A house is an asset, a business is an asset. Using all your savings to buy cars is unnecessary.

Right now, I don’t own a car. I used to drive a brand new lexus LS570 but I sold it because I needed to put the money into my film. It’s an investment. At the end of the day, I made more that from the film.”

What do you think of Pere's mindset on acquiring cars? 

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