buying a car v/s using a cab
TRANSCRIPT
CAB
OR
CAR?
Find Out if you should Buy a CAR or NOT
Cost of New Car Ownership in India
Purchase cost5,00,0
00
Illustration with Swift Lxi (Petrol)
Down payment 1,40,0
00EMI at 11% interest,
5 years loan
4,70,000
Fuel @ Rs.70 /ltr
Lifetime: 70,000 kms
4,90,000
Insurance (Individual claim)
Maintenance cost
60,000
70,000
TOTAL COST
-1,50,0
00
Monthly Cost
Lifetime Cost
5 years
7,800
1,200
8,200
1,000
Sale of car in second hand market 10,80,
00018,2
00
Rs. 15 per km is the cost of owning a car!!!
STATUS
RELIABLE
COMFORT
Owning a car is costlier on a per km basis, than taking a cab, but I prefer it becos…
WHY DO SO MANY PEOPLE BUY A CAR? Even though its costlier than taking a cab.
• If cabs/autos/ public transportation is not easily available
• If you will use a car for more than 50 kms a day
Do you commute regularly?
Can you drive?
Can you afford EMIs regularly?
Pay for car monthly running costs?
BUY A NEW DREAM CAR!
Can your family member(s) drive?
Driving lessonsanybody?
TAKE A CAB, MAN!
UNTIL
THEN
Yes
No
Still Dreaming of a Car ? Watch out for the twist and turns…
START
HAPPY RIDING