He Bhagwan! After 40 years of learning Maths, after 30 years of employment, after so many years of experience, after so many years of thinking that I am so good in calculations, pehli baar samajh arha ki 100 rupees spend karne ke liye mujhe 150 rupees kamane padenge. It's really shocking. Digest nhi ho rha. 😮 ❤
What about social life? Inconvenience for family when Uber or Ola keep cancelling rides at last minute. Happiness for family, you are earning for family. Safety and convenience for family. Middle class doesn't change cars frequently
Very true Sir. So when I purchased my first car I bought second hand for 1.8 lacs and 4 years later sold it and bought bigger one a sedan 3rd hand for 2.5 lacs. And recently purchased a new one for 8 lacs. The new one came for me free of cost as I invested the saved amount from first 2 purchases in shares .
From Pakistan, very informative video, keep us upgrading, n we'll be thankful to u. Money management is very complex. Bottom line is, spending, should be less than earning. Saving is a crucial part, one must adhere. I personally believe, if u want more wealth, learn to help others (within your means), God will help u back. Keep smiling 😃 By the way, I love your lawn, it's a pure luxury, nowadays.
Gud one sir....I m still driving my Maruti Wagon R which has completed 14 yrs yesterday...still one more year to go...I smhow understood the world of investing n stock market in my late 20s n it changed my philosophy of how to invest n make my money work fr me....so never thought of buying new car by selling my current WagonR rather I prefer investing the surplus that I hav n creating assets.... thinking of buying a second hand car under 3 lakhs next year when it will be 15 yr old... I hav to forcefully let go my car due to delhi ncr rules otherwise I wud hav kept this car fr another 5 yrs atleast or may be more.... frugality is d way to create wealth fr most people except few who hav acquired property n money frm thr family inheritance
@@lk4705 Hum jo bhi investment karte hain unka return is directly proportional to the economy running n purchases made by someone ( who is enjoying that product) , of course Govt takes its kitty in the form tax for running the common administration and social causes
You may sell it to someone living out of NCR and it will fetch you decent price. Better still go for certified used car with exchange option. No point in buying a white elephant.
If someone is reading this comment "let me tell you, We get One life , live it to the fullest. Enjoy the small small moments and fun in life instead of seeing everything as a investment. Do fun , do adventure , do party, do drive , just enjoy, earn Money and spend it on yourself instead of keeping it in your bank. Don't sacrifice small small happiness just because it's not a good investment. Your Money will be here only but you will leave the world."
Nobody is saying to not to be happy, This is to tell you to keep the cost while buying something. The truth is, the person has to work for money until, he has enough money that covers his needs and aspirations.
First save enough to cover your ass, then do what you want. I have personally seen people live like there is no tomorrow, later commit suicide due to debts or their families suffer because of them.
This often what people don't understand, luxuries are really for later part of life mid part is struggle and investing in what u understand , pehele kaama lo phir enjoy karna , lekin log iska ulta karte hain , and spendings ko pura karne ke liye bhagte rehete hain
I was in need to buy a car as I had to travel with my family from work place to my hometown on weekends...my budget was 4-5 lakh only as I don't wanted to take any loan...but at the same time I had to buy a somewhat big car as travel is around 4 to 5 hrs and I don't wanted to drive a small car due to concern regarding safety...so my decision was finally to buy a honda city used car and I got it got around 4 lakh.. I feel that was one of my best decision as I got car from someone I knew...I service it regularly, maintain the car well and I am happy with the decision...car is around 10yrs old ,but it looks new to me, I enjoy driving it may be due to the fact that I was driving maruti 800 earlier...when i think about the amount of money saved, I feel like it's a good choice to go for a used car for ppl having budget constraints but still need a big car... always look for something less driven and reliable dealer or a known person...
Paise upar le jaaoge? Ghar pe baith kar? Savings is important but experiencing things in life is important. Just be careful you buy it till the limit of experience and not the showoff process. My car has helped me to manage stress. A drive of 50km in my car helps me come out of severe stresses.
Ye calculation kab aur kharab hoti hai 1. Agar aap loan pe gaadi na len 2. Agar aap bohot mehengi gaadi lete hain without having that much earning 3. Agar aap frequently gaadi change karte hain 4. Agar aap maintenance properly mahi karte
Thanks for your valuable information sir, it benefits all of us, especially middle-class people. We need to learn many things in terms of cost control. With love from chennai🇮🇳
Very true sir I am totally agree. The day I have sold my car. My expenses are nothing now days also my responsibility got lesser to take care of my car. Now days I am hiring a car if I want instead of buying a new car or a second hand old car. Instead of Paying unnecessary taxes you can put your money in investing 👍👍
क्या वीडियो हैं, मजा आ गया, मैं एक उद्यमी हूं, ये वीडियो को मैं loop में लगाकर बार बार सुना, हर बार एक नई दिशा से सोचने को मजबूर करती हैं ये जानकारी। लाइफ के बहुत से खर्चे का नजरिया बताती है ये वीडियो। आपका बहुत बहुत धन्यवाद सर जी 🎉🎉🎉🎉🎉🎉
I myself could only afford a car of less than 6 lakhs. So bought one for 4 and took good loans to pay them off as interest was less than 5 percent. I have all details on an excel sheet any and every expenses on the car is documented. Thank you sir.
Going by title of this video, I thought this would be an interesting video; but this video is completely disappointing as the views are flawed and illogical. You cannot keep blaming Tax at every step of vehicle ownership because even if you don't buy a car, you still end up paying tax for returns on investment. Biggest flaw in this video is that the convenience and psychological aspect of owning a car is completely ignored. Most Car owners may use their car only in weekend but still it is worth owning a car in Indian scenario, if one can afford, given our public transport system and aspiration of Family folks of travelling together for happy as well as important occasions. certain popular Call Taxi operators are are playing havoc especially during peak hours and late nights/ early mornings and indulging in higher charges than what the app shows initially! So, do go ahead and buy a car, if you can afford one; Car rentals and public transport will take some time to catchup; moreover, car industry contributes immensely to employment of Lakhs and economy in thousands of Crores, of our country.
You are right! Most of us are buying big cars because getting a loan has become easy. Loans help in enjoying something before earning the money required for it. Enjoy now Pay Later. But if you want to enjoy in future we should earn first and then buy.
I have a small car Maruthi Alto 800, I bought second hand for 2,70,000 for local use, no loan. Its very convinient to drop kids, pick up relative, bring grocery or go out within city. Good milage and very low mainitaince. No regret.
Car ranges start from 4 lakh. Why to buy 20 lakh priced cars. I have already done this math, but there is no comparison of the convenience of having a car with money. If you have a car of range 6-10 lakh, it's balanced.
Thank you Sir. I had thoughts like these in my mind about the money I spent when I purchased our new car on loan,but you made the figure more clear .....pls add more videos about money management.... Thank you once again
HI , buying a car must be driven by only 4 considerations 1. needed to move from point A to point B 2) it depreciates every year 3. petrol will be costly in the future at least 3 year horizon 4) mileage .. best buys are under 7 lacs.. i own a wagon R , cash down i can buy a Jeep or another SUV , but with limited parking spaces , spare part costs , wagon R is the best choice for me and my family
I feel a family needs to own a car as from lockdown we learned that public transport cannot be an option. It is just that taxes are very high in this country. So own a good reliable and safe car and keep it for as long as you can. You will not regret for financial losses. Rather you will regret for rest of your life if you could not get any transport in a family emergency.
@@SangoLifeSutras No that would make no sense to upgrade every 5 years unless the vehicle is not reliable. My wagonr is on 15th year and due upgrade next year. Need 7 seater safe car for which no option below 20L. As I see other comments here, yy comment was more targetted towards younger generation to who may not understand between price and value. One cannot save money till 60 year and then go for Ladakh trip. It is about balancing life but no only based on money.
Great SIR 💯...Sirji.. Aapki video dekh kar dil ko badi tasali milti hai ki kisine to effort liya informative videos banene ka.. Many of us are aware of these info but don't dare to share with others as either simply people will ignore you or you don't have time to convince them. Atleast now I have your videos to show them. God bless you and love live.🙏🙏
The memories wat we get during 1lakh km on car will never match the money... money wat u will do without enjoying life...if ur not enjoying life than wat we do with money by just multiplng it...
I am in IT and they promise you to get a life style that looks gorgeous and smart. They don't tell you cost of shine so eventually you end up running on a trademill.
Sir, first time I have a different opinion.. as with your example only. For 1lac kilometer If I travel with any cabs .. it will cost around 10-14 lacs min. That too in small cars, It could increase depending on luxury car or varying costs of peak hours and many different criterias..
*but own car don't have driver and require parking, fuel, insurance , road tax , gst , challans , accidents , buying home with parking and maintenance cost*
I can understand sir one of my colleague purchase 17 lakhs worth car. Had he not purchased that car by the end of 10th year (@ approx 7.1% per annum interest) he would had 34 lakh rupees with him. + such big cars have mileage of approx 10 kmpl + high maintaince. I am using Alto 800 if I calculate properly then it is also a expensive car
Thank you so much for this true Information Sir. before going to watch this video i thought I will purchase 11 lakh cars in the next month and impress others. now I changed my decision, Thank you Sirji.
Car price 6 lakhs 5 years interest 1.7 lakhs 5 years Insurance 0.5 lakh Tax 0.3 lakh Others Documents Charges approx 0.1 lakh 5 years Maintenance 0.25 lakh Depreciating component adjustment cost 0.5 lakh Fuel on average 2.4 lakhs Total 11,75 lakh I will try to accumulate the amount for my 5 yr old son's future bike purchase, I better keep cycling.
Yes. Taxes eat away the bulk and prevent from owning a premium car ! Also some dreams need to be fulfilled instead of just investing and saving a lot wherein you just cannot enjoy due to any unforeseen/ unfortunate reasons 😢
I am having my Santro Xing since last 14 years and I want to run it for 20 years as I think car is for utility purpose only and my car and a Mercedes Benz both have four wheels, one steering wheel, transmission system. So there is no reason to buy new car.
Also, higher the value of car higher will be yearly insurance premiums and maintenance costs. Read some where, the price of the vehicle you want to purchase should not be more than 5-10% of your networth.
Sir Ji.. Ek video plz taxes ke flow pe baniye.. I am thinking around this for years... e.g. If any IT company works for any client and earns.. 100 million then it pays minimum 20% GST - Finally get 80 Million.. From that 80 Million.. 40 Million is paid to employees as salary then now employees will pay now 8 Million as tax and finally get 32 Million.. when Employees spend (50% of their earning) 16 Million on their livelihood like buying car, house, food etc.. then the next level will pay another 3.2 Million to govt.. so the more hand this money will flow in the chain.. govt will keep on milking tax on that money.. Hope I made my request & point clear..
I agree to your insights, however, for a family of 4, it's an issue when they have to wait for someone else or taxis to reach a destination. So, it's a matter of necessity in this society. Now, think this way, what if our public transportation work in disciplined manner. Can one family rely on buses for their journey in our country? Delhi metro is ok ok, how about Mumbai local trains! Secondly, a person is treated in our society by how much they have in terms of salary, vehicles, houses.. This dates back to biblical ages! What everyone gives least attention is our environment. Less vehicles, more pedestrians roads creates good health and environment. Look at our roads. Pedestrians have to walk on the road as vehicles are parked on footpaths! Countries whose companies manufacturers cars, bikes are smart! They are dumping all this into countries such as India, China, Philippines and their governments are making more pedestrian friendly road network!!
You are doing a great job . Thanks for so wonderfully explaining so relevant topics and your insights . Maths is very well explained but I think there is an astrological science involved in buying a new car and buying old one ( old metal ) , it suits few . Isn’t it so ?
You are making me feel guilty for buying a car. 🤔 but it's fact and true that we need to earn a hell lot of money to buy these depreciating assets. Thanks for the video.
सही बात कही आपने सर् सिर्फ उसके इंटरेस्ट से ही बगैर टेंशन के रेंट पर ले कर हम अपना काम निपटा सकते है बस झूठी शान नही रहेगी बस ओर उसको मेनटेन करना भी नही चाहिए।
Is saving of money everything in life? Money is just a means not end. Yes, we must not run after things we cannot afford but just to sit at home to save is useless!
After buying 1 car there is always this temptation that after 4-5 years will sell this and buy another more expensive one. After watching this, I ll now stick to my one car till as much time as I can instead of going for another one.
we have to pay the taxes regardless, of where we use the money whether to buy car or invest 3:57 this comment is made watching the video only till 03:57 i.e. only the initial part without the conclusion
Fantastic video! The point is to understand the costs of purchases (for salarieds) and not about abstentions from purchases. This knowledge would probably make the purchases more meaningful and reasonable.
Sir exactly right Please make videos on corporate hospilas What to do what not ,because Concepts and clearity are not knowing, being anesthesiologist retired, I can understand but my humble reqest for benifit of many.
Car is an inspirational purchase, nobody buys luxury cars to compare with opportunity cost, if everyone stars saving and not spending how will India grow, automobile is an awesome industry employing lakhs and provides massive revenue to Govt through road tax , vat etc, so consider overall benefit for the country and not such selfish interests
@@mathconcepts4u159 so what's harm in buying foreign country cars, they are having plants in India only, by your logic India won't get FDI which all Govt is eyeing for What's the point in saving money for future when future itself is uncertain, I am driving my brand new BMW for the last 6 plus months and can't explain the amazing experience it's been( was driving maruti and hyundai before), so own one and find out for yourself, enjoy life. Earn money and enjoy life, don't be shy to show off if you have it
@@mathconcepts4u159 first of all you need to come out if this Indian only mentality and think yourself as Global Citizen, trust me this only buying Indian goods attitude won't lead you anywhere in today's world as it's survival of the fittest. Also roads are improving and if not same road feels much better as suspensions as much stronger than marutis and tatas, and what people will do by savings and investing, there is no end of investing , I can invest 10 crores then 100 crores and so on , so where to spend , it's now or never attitude in which I live but anyways you can enjoy money your way and I enjoy my way, all the best to you
I still drive my 11 yrs old i20 and it has only completed 1lac and no plans to sell in next 4 yrs.... And invested 5 lac in 2012 in stocks...and now ...... in 7 zeros
True sir. But you cant really calculate this way. If you do not eat nutritious food also you can save money. Everything is taxable. In India Quality education also is with taxable income. Its better to go a public school and study upto 10 th std. You can save a lot of money . Its good for preaching. Not practically viable
![Oasis - Oasis Live '25 [Official Trailer]](http://i.ytimg.com/vi/gol_JnuEtKM/mqdefault.jpg)
He Bhagwan! After 40 years of learning Maths, after 30 years of employment, after so many years of experience, after so many years of thinking that I am so good in calculations, pehli baar samajh arha ki 100 rupees spend karne ke liye mujhe 150 rupees kamane padenge. It's really shocking. Digest nhi ho rha. 😮 ❤
What about social life? Inconvenience for family when Uber or Ola keep cancelling rides at last minute. Happiness for family, you are earning for family. Safety and convenience for family. Middle class doesn't change cars frequently
You can always buy cheaper cars
New scarp policy says life of car is only 15 years..
Buy for convenience rather to impress others🙂
Time is important , if you have money buy your dream car
Cheaper car is never an alternative for safer car. Yes if cheaper and safer both then agreed. But that never happens.
Very true Sir. So when I purchased my first car I bought second hand for 1.8 lacs and 4 years later sold it and bought bigger one a sedan 3rd hand for 2.5 lacs. And recently purchased a new one for 8 lacs. The new one came for me free of cost as I invested the saved amount from first 2 purchases in shares .
In which shares did u invest
Time is important , always buy new first car ,you will remember the feelings for the rest of your life
@@dr.ashoksharma7897 lol, look a joker spotted giving advice.
@@dr.ashoksharma7897 6months old first hand car and 5 year old second third fourth hand car is same , if you do maintain it properly
Gyan Mat Jhaad. Stocks Me Lagaya....
One key rule...Buy for convenience and practical needs not to impress others.
From Pakistan, very informative video, keep us upgrading, n we'll be thankful to u. Money management is very complex. Bottom line is, spending, should be less than earning. Saving is a crucial part, one must adhere. I personally believe, if u want more wealth, learn to help others (within your means), God will help u back. Keep smiling 😃
By the way, I love your lawn, it's a pure luxury, nowadays.
Very nice comment 👍
Gud one sir....I m still driving my Maruti Wagon R which has completed 14 yrs yesterday...still one more year to go...I smhow understood the world of investing n stock market in my late 20s n it changed my philosophy of how to invest n make my money work fr me....so never thought of buying new car by selling my current WagonR rather I prefer investing the surplus that I hav n creating assets.... thinking of buying a second hand car under 3 lakhs next year when it will be 15 yr old... I hav to forcefully let go my car due to delhi ncr rules otherwise I wud hav kept this car fr another 5 yrs atleast or may be more.... frugality is d way to create wealth fr most people except few who hav acquired property n money frm thr family inheritance
Not many understand it
@@SangoLifeSutras correct sir...very few understand this n that's why only few people create wealth in d long run.....gud initiative sir...keep it up
@@lk4705 Hum jo bhi investment karte hain unka return is directly proportional to the economy running n purchases made by someone ( who is enjoying that product) , of course Govt takes its kitty in the form tax for running the common administration and social causes
You may sell it to someone living out of NCR and it will fetch you decent price. Better still go for certified used car with exchange option. No point in buying a white elephant.
I purchased a second hand car for 1.7 L in 2010 and sold it for 60k in 2020. A loss of 1L in 10 yrs
If someone is reading this comment "let me tell you, We get One life , live it to the fullest. Enjoy the small small moments and fun in life instead of seeing everything as a investment. Do fun , do adventure , do party, do drive , just enjoy, earn Money and spend it on yourself instead of keeping it in your bank. Don't sacrifice small small happiness just because it's not a good investment. Your Money will be here only but you will leave the world."
Exactly true brother feelings never be calculated
Right choti choti khushiya ki koi keemat nhi
Nobody is saying to not to be happy, This is to tell you to keep the cost while buying something. The truth is, the person has to work for money until, he has enough money that covers his needs and aspirations.
@@tsjoshi Beautifully explained.
First save enough to cover your ass, then do what you want. I have personally seen people live like there is no tomorrow, later commit suicide due to debts or their families suffer because of them.
"We don't buy things with money, we buy them with hours from our lives."
This often what people don't understand, luxuries are really for later part of life mid part is struggle and investing in what u understand , pehele kaama lo phir enjoy karna , lekin log iska ulta karte hain , and spendings ko pura karne ke liye bhagte rehete hain
Agree🤚
I was in need to buy a car as I had to travel with my family from work place to my hometown on weekends...my budget was 4-5 lakh only as I don't wanted to take any loan...but at the same time I had to buy a somewhat big car as travel is around 4 to 5 hrs and I don't wanted to drive a small car due to concern regarding safety...so my decision was finally to buy a honda city used car and I got it got around 4 lakh.. I feel that was one of my best decision as I got car from someone I knew...I service it regularly, maintain the car well and I am happy with the decision...car is around 10yrs old ,but it looks new to me, I enjoy driving it may be due to the fact that I was driving maruti 800 earlier...when i think about the amount of money saved, I feel like it's a good choice to go for a used car for ppl having budget constraints but still need a big car... always look for something less driven and reliable dealer or a known person...
Paise upar le jaaoge? Ghar pe baith kar? Savings is important but experiencing things in life is important. Just be careful you buy it till the limit of experience and not the showoff process.
My car has helped me to manage stress. A drive of 50km in my car helps me come out of severe stresses.
Ye calculation kab aur kharab hoti hai
1. Agar aap loan pe gaadi na len
2. Agar aap bohot mehengi gaadi lete hain without having that much earning
3. Agar aap frequently gaadi change karte hain
4. Agar aap maintenance properly mahi karte
Thanks for your valuable information sir, it benefits all of us, especially middle-class people. We need to learn many things in terms of cost control. With love from chennai🇮🇳
Very true sir I am totally agree. The day I have sold my car. My expenses are nothing now days also my responsibility got lesser to take care of my car. Now days I am hiring a car if I want instead of buying a new car or a second hand old car. Instead of Paying unnecessary taxes you can put your money in investing 👍👍
क्या वीडियो हैं, मजा आ गया, मैं एक उद्यमी हूं, ये वीडियो को मैं loop में लगाकर बार बार सुना, हर बार एक नई दिशा से सोचने को मजबूर करती हैं ये जानकारी। लाइफ के बहुत से खर्चे का नजरिया बताती है ये वीडियो। आपका बहुत बहुत धन्यवाद सर जी 🎉🎉🎉🎉🎉🎉
In 2016 I invested 20 lacs to buy a flat . Now its price is 35 LAcs Rs. I wanted to buy a cra of 20 lacs then but changed my mind .
I myself could only afford a car of less than 6 lakhs. So bought one for 4 and took good loans to pay them off as interest was less than 5 percent. I have all details on an excel sheet any and every expenses on the car is documented. Thank you sir.
Going by title of this video, I thought this would be an interesting video; but this video is completely disappointing as the views are flawed and illogical. You cannot keep blaming Tax at every step of vehicle ownership because even if you don't buy a car, you still end up paying tax for returns on investment. Biggest flaw in this video is that the convenience and psychological aspect of owning a car is completely ignored. Most Car owners may use their car only in weekend but still it is worth owning a car in Indian scenario, if one can afford, given our public transport system and aspiration of Family folks of travelling together for happy as well as important occasions. certain popular Call Taxi operators are are playing havoc especially during peak hours and late nights/ early mornings and indulging in higher charges than what the app shows initially! So, do go ahead and buy a car, if you can afford one; Car rentals and public transport will take some time to catchup; moreover, car industry contributes immensely to employment of Lakhs and economy in thousands of Crores, of our country.
You are right!
Most of us are buying big cars because getting a loan has become easy. Loans help in enjoying something before earning the money required for it.
Enjoy now Pay Later.
But if you want to enjoy in future we should earn first and then buy.
I have a small car Maruthi Alto 800, I bought second hand for 2,70,000 for local use, no loan. Its very convinient to drop kids, pick up relative, bring grocery or go out within city. Good milage and very low mainitaince. No regret.
Car ranges start from 4 lakh. Why to buy 20 lakh priced cars. I have already done this math, but there is no comparison of the convenience of having a car with money. If you have a car of range 6-10 lakh, it's balanced.
Thank you Sir. I had thoughts like these in my mind about the money I spent when I purchased our new car on loan,but you made the figure more clear .....pls add more videos about money management....
Thank you once again
Thanks. You can connect via whatsapp also 9911702005
It was superb,an eye opener. Please add more content to educate the youth for optimizing the money spent. How to avoid white elephants in life.
HI , buying a car must be driven by only 4 considerations 1. needed to move from point A to point B 2) it depreciates every year 3. petrol will be costly in the future at least 3 year horizon 4) mileage ..
best buys are under 7 lacs.. i own a wagon R , cash down i can buy a Jeep or another SUV , but with limited parking spaces , spare part costs , wagon R is the best choice for me and my family
at the age of 50 we must earn about 50 lacs in order to get interest of Rs 35000/- of FD from BANK in order to live peacefully rest of life ,
I feel a family needs to own a car as from lockdown we learned that public transport cannot be an option. It is just that taxes are very high in this country. So own a good reliable and safe car and keep it for as long as you can. You will not regret for financial losses. Rather you will regret for rest of your life if you could not get any transport in a family emergency.
Here it is not about buying ot not buying. Offcourse u should buy. But do u need to change it every 4 to 5 yrs
@@SangoLifeSutras No that would make no sense to upgrade every 5 years unless the vehicle is not reliable. My wagonr is on 15th year and due upgrade next year. Need 7 seater safe car for which no option below 20L.
As I see other comments here, yy comment was more targetted towards younger generation to who may not understand between price and value. One cannot save money till 60 year and then go for Ladakh trip. It is about balancing life but no only based on money.
Quite true Sir. thanks for. sharing this perspective and yes, we should show this to our younger ones for sure!
Excellent idea to calculate TAX 👍
Great SIR 💯...Sirji.. Aapki video dekh kar dil ko badi tasali milti hai ki kisine to effort liya informative videos banene ka.. Many of us are aware of these info but don't dare to share with others as either simply people will ignore you or you don't have time to convince them. Atleast now I have your videos to show them. God bless you and love live.🙏🙏
As is said , don't buy a car for luxury or status. But buy it for regular use at least 70 to 80 km daily. Don't purchase and keep it as white element.
The memories wat we get during 1lakh km on car will never match the money... money wat u will do without enjoying life...if ur not enjoying life than wat we do with money by just multiplng it...
In a country like India, any sensible person should think mass transit as a serious option.
We have to experience in life. What is the meaning of earning when we can’t have luxury and comfort at some point of life
He is not saying not to experience, but to understand and realise the cost of buying.
Big channels are copying this calculation of yours after 2 years😅
You are the first one to speak about several mind blowing realistic things😊
I am in IT and they promise you to get a life style that looks gorgeous and smart. They don't tell you cost of shine so eventually you end up running on a trademill.
Wonderful guidance provided thanks so much
What a great analysis. Many people are living their lives to pay taxes
Car is definitely not an asset but a convenience ,if really needed. Great insight ,Sir.
Sir, first time I have a different opinion.. as with your example only. For 1lac kilometer If I travel with any cabs .. it will cost around 10-14 lacs min. That too in small cars, It could increase depending on luxury car or varying costs of peak hours and many different criterias..
You missed the whole point. It was not about car. But about naukri. 2nd order effect
*but own car don't have driver and require parking, fuel, insurance , road tax , gst , challans , accidents , buying home with parking and maintenance cost*
The best
Achha bahut achha calculation.
Mashallah
I can understand sir one of my colleague purchase 17 lakhs worth car. Had he not purchased that car by the end of 10th year (@ approx 7.1% per annum interest) he would had 34 lakh rupees with him. + such big cars have mileage of approx 10 kmpl + high maintaince.
I am using Alto 800 if I calculate properly then it is also a expensive car
Thank you so much for this true Information Sir. before going to watch this video i thought I will purchase 11 lakh cars in the next month and impress others. now I changed my decision, Thank you Sirji.
Thanks Sir ! Starting a business is the best thing for middle class families.
Good to see that even in Delhi NCR you have this much greenery. 🙏
Because they have not purchased car by loan
Bahut sandarr app oshho jaise hume जागरूक बना रहे हैं jay ho gurudev
Car price 6 lakhs
5 years interest 1.7 lakhs
5 years Insurance 0.5 lakh
Tax 0.3 lakh
Others Documents Charges approx 0.1 lakh
5 years Maintenance 0.25 lakh
Depreciating component adjustment cost 0.5 lakh
Fuel on average 2.4 lakhs
Total 11,75 lakh
I will try to accumulate the amount for my 5 yr old son's future bike purchase, I better keep cycling.
Sir, how to convert this ₹40 lacs car investment into ₹70-80 lacs in next 5 years?
Apke 8 min ke video dekhne ke liye mujhe 15min nikalna padta hai
Isliye save to later karke night me dekhta hu 😂
Bought 2nd 2019 kwid for city use. More than satisfied.
Wonderful vedio sir to open my eyes
Yes. Taxes eat away the bulk and prevent from owning a premium car ! Also some dreams need to be fulfilled instead of just investing and saving a lot wherein you just cannot enjoy due to any unforeseen/ unfortunate reasons 😢
Thanks for such a wonderful video. Now I can easily buy Tata Harriar 🥰
Yes ur right sir, i am following this trick since 20 years,, 👍👍🙏🙏
I am having my Santro Xing since last 14 years and I want to run it for 20 years as I think car is for utility purpose only and my car and a Mercedes Benz both have four wheels, one steering wheel, transmission system. So there is no reason to buy new car.
Also, higher the value of car higher will be
yearly insurance premiums and maintenance costs.
Read some where, the price of the vehicle you want to purchase should not be more than 5-10% of your networth.
Sir Ji.. Ek video plz taxes ke flow pe baniye.. I am thinking around this for years... e.g.
If any IT company works for any client and earns.. 100 million then it pays minimum 20% GST - Finally get 80 Million.. From that 80 Million.. 40 Million is paid to employees as salary then now employees will pay now 8 Million as tax and finally get 32 Million.. when Employees spend (50% of their earning) 16 Million on their livelihood like buying car, house, food etc.. then the next level will pay another 3.2 Million to govt.. so the more hand this money will flow in the chain.. govt will keep on milking tax on that money.. Hope I made my request & point clear..
Thanks sir. u opened my eyes.
Sir are we living to sit at home ? Best to go to Himalaya and save all money
Today Car is not a luxury it's a necessity a budget car like alto 800 is good for low class people with less maintenance .
Great video have many lufe changing nuggets.
I agree to your insights, however, for a family of 4, it's an issue when they have to wait for someone else or taxis to reach a destination. So, it's a matter of necessity in this society. Now, think this way, what if our public transportation work in disciplined manner. Can one family rely on buses for their journey in our country? Delhi metro is ok ok, how about Mumbai local trains!
Secondly, a person is treated in our society by how much they have in terms of salary, vehicles, houses.. This dates back to biblical ages!
What everyone gives least attention is our environment. Less vehicles, more pedestrians roads creates good health and environment. Look at our roads. Pedestrians have to walk on the road as vehicles are parked on footpaths!
Countries whose companies manufacturers cars, bikes are smart! They are dumping all this into countries such as India, China, Philippines and their governments are making more pedestrian friendly road network!!
You are doing a great job . Thanks for so wonderfully explaining so relevant topics and your insights .
Maths is very well explained but I think there is an astrological science involved in buying a new car and buying old one ( old metal ) , it suits few . Isn’t it so ?
Sir, ऐसे तो इंसान कुछ भी न करे, सिर्फ समाधि लगा के बैठ जाए। तब तो भागवत प्राप्ति भी हो जाएगी।
Namaste ji 100 percent correct sir anything you want to buy you should calculate i like this video very much thank you
You are making me feel guilty for buying a car. 🤔 but it's fact and true that we need to earn a hell lot of money to buy these depreciating assets. Thanks for the video.
Sahi bataya. Gari perking cost and driver cost VI hai.
सही बात कही आपने सर् सिर्फ उसके इंटरेस्ट से ही बगैर टेंशन के रेंट पर ले कर हम अपना काम निपटा सकते है बस झूठी शान नही रहेगी बस ओर उसको मेनटेन करना भी नही चाहिए।
Buying of car is avoidable. Money should be spent carefully. Correctly said Sir.
Sir, each and every word of yours is so true and so correct........I have done this and can relate to what you said. Have done GREAT LOSS
Thanks to taught us this wonderful thing ,kindly make a video on the topic if any business man buy the same car than how much he will pay for this
True fact Thanks
Is saving of money everything in life? Money is just a means not end. Yes, we must not run after things we cannot afford but just to sit at home to save is useless!
Excellent analysis sir.....i am religiously following your advise.....😊😊😊😊
After buying 1 car there is always this temptation that after 4-5 years will sell this and buy another more expensive one. After watching this, I ll now stick to my one car till as much time as I can instead of going for another one.
Govt stands to gain so much in above calculation
Eye opening Fact thank you very much sir
Nicely explained 👌 👏 👍
Dear Sir, Thanks for the video it is an eye opening , God Bless you sir, Thank you so much , we all love you from heart.
we have to pay the taxes regardless, of where we use the money whether to buy car or invest
3:57 this comment is made watching the video only till 03:57 i.e. only the initial part without the conclusion
Thank you , Great trailer , need full movie in finances context 😊, noida v Gurgaon also needed.
You simplify such complex topics with ease.
Thanks a ton.
U are absolutely right sir. My family also caculate like that.
Sir very well said.You are very practical in your approach.I still remember you,how humbly you used your red Maruti car.
Fantastic video! The point is to understand the costs of purchases (for salarieds) and not about abstentions from purchases. This knowledge would probably make the purchases more meaningful and reasonable.
Very good eye opener, i recommend every kid who comes out of college should see this message
Ur economic acumen is top class...sir. salute sir.
Sir exactly right
Please make videos on corporate hospilas
What to do what not ,because
Concepts and clearity are not knowing, being anesthesiologist retired, I can understand but my humble reqest for benifit of many.
Car is an inspirational purchase, nobody buys luxury cars to compare with opportunity cost, if everyone stars saving and not spending how will India grow, automobile is an awesome industry employing lakhs and provides massive revenue to Govt through road tax , vat etc, so consider overall benefit for the country and not such selfish interests
@@mathconcepts4u159 so what's harm in buying foreign country cars, they are having plants in India only, by your logic India won't get FDI which all Govt is eyeing for
What's the point in saving money for future when future itself is uncertain, I am driving my brand new BMW for the last 6 plus months and can't explain the amazing experience it's been( was driving maruti and hyundai before), so own one and find out for yourself, enjoy life. Earn money and enjoy life, don't be shy to show off if you have it
@@mathconcepts4u159 first of all you need to come out if this Indian only mentality and think yourself as Global Citizen, trust me this only buying Indian goods attitude won't lead you anywhere in today's world as it's survival of the fittest. Also roads are improving and if not same road feels much better as suspensions as much stronger than marutis and tatas, and what people will do by savings and investing, there is no end of investing , I can invest 10 crores then 100 crores and so on , so where to spend , it's now or never attitude in which I live but anyways you can enjoy money your way and I enjoy my way, all the best to you
Quite insightful Sir... thank you
Bought innova crysta last week. Video released late.
Haha...
😂👍🏻
Lol
It's OK .Innova is very good reliable car😃
You are my intangible asset guruji❤
I still drive my 11 yrs old i20 and it has only completed 1lac and no plans to sell in next 4 yrs....
And invested 5 lac in 2012 in stocks...and now ...... in 7 zeros
Khan lagaya tha ji plz tell
@@swamisuresh7920 tata elexi
Aapki Har Baat Bilkul Sahi Hai Sir . Dhanyavaad 🙏.
Looking Forward To A Similar Video On Property And Appreciation Please Sir . Thank You 🙏
True sir. But you cant really calculate this way. If you do not eat nutritious food also you can save money. Everything is taxable. In India Quality education also is with taxable income. Its better to go a public school and study upto 10 th std. You can save a lot of money . Its good for preaching. Not practically viable
You're right Sir Your video is very valuable
Excellent video about aspects which we are unaware about.
Your every every video is really informative and beneficial in practical life.
Baat to sahi hai. Tax kuch zada hi de rahe hai hum sab log.
Lovely
This is real fact....no doubt ...!! I am also government employee , so I can understand this feelings!🙏
Under the table how much you took?
Way informative sir, never thought of it…definitely subscribing.