Ola, Uber Cab Booking (Renting) vs Buying Own Car - India
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- Опубликовано: 11 фев 2019
- Is it better to book an Ola / Uber Cab or to buy own car in India? Uber or Ola Cab booking is so easy these days that it makes you think whether to own a car at all.
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Renting vs buying a car is not just a financial decision, we also need to consider various other factors like Safety, Privacy, Comfort, Parking etc. In this hindi video, we discuss all quantitative and qualitative factors that help you in taking a decision whether to book Uber or Ola Cabs or to buy your own car.
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क्या ओला / उबर कैब किराए पर लेना या इंडिया में कार खरीदने बेहतर है? रेंटिंग vs बाइंग कार सिर्फ एक फाइनेंसियल डिसिशन नहीं है, हमें सेफ्टी, प्राइवेसी, आराम, पार्किंग आदि जैसे कई अन्य फैक्टर्स पर भी सोचने करने की ज़रुरत होती है। इस हिंदी वीडियो में, हम सभी क्वांटिटेटिव और क्वालिटेटिव फैक्टर्स के बारे में चर्चा करेंगे जो अपनी ये निर्णय लेने में मदद करेंगे की आप ओला या उबर कैब किराए पर लें या खुद की कार खरीदें।
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In this video, we have explained:
Should you buy your own car or use cab services like ola/uber?
When owning your own car makes sense in the age of cab services?
How to calculate which one is a better choice between buying a car vs renting a car?
How to calculate the per kilometer fixed running cost of a car?
How to calculate the per month fixed cost of a car?
Buying your own car cheaper or costlier than using cab services?
What factors you should consider while thinking about buying a car vs using cab services such as ola or uber?
In which case you should buy your own car and in which you should rely on car renting?
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Few points to add
1)it also depends on your income. Even if one wants to buy a car, better to buy a car which is of very less cost than the income.
2) Also it is important to understand that the above comparison is for 6 lakh rupees car. As the price increases, the number of kms required to get back money increases.
3) Maintenance of second hand car is more than first hand car most of the time.
4) Uber/ola cost and availability varies based on demand.
5) you can upgrade your car for every ride in ola/uber.not possible with own car.
6) everyone in house should know car driving if want to utilize car fully. Most of the time, only one person knows it so if he is not available you can't use car. Especially elder people.
7) if you want to go outstation by train, bus or aeroplane you have to use ola/uber to drop you. Own car won't help.
8) business people get depreciation benifit in income tax which needs to be considered
9) ola/uber is a great concept based on sharing model. It reduces number of vehicles on the road reducing road congestion. We have small roads in India and mostly poor public transport. Hope to see more growth in coming future.
Thanks for sharing additional points. Most of them are simple logic but still someone had to sum them up. Appreciate your efforts.
Adding
- Comfort
- Convinience and
- Safety
rural area walo ko own sahi h
or urban me ola uber thik h
Yes, it depends a lot on location and circumstances.
Realme ulta ha india me
Correct.
Right
Bhai rural area mein toa aur bhi accha hai aur taxi bhi bahooooooooooooot sasti hain mere idhar 11 rupey pr kilometre rate hai aur wo bhi Bolero ka yr
If every one will depend on ola uber, then company will increase the price
If Ola increase price, more companies will come in market
You can always buy car
na dost dusri company isme enter kregi to fir....
jha jyada munafa vha competition aahi jayega
Then buy your own car
नमस्ते मुकुल जी... आपको पिछले 2 ya 3 महीने से सुन रहे है हम... sir i work in my restaurant and i have had very poor background of accounts or finance... i really want to thank you for all ur contribution in this field... ur way of explaining things is very easy to understand as an listen... आपने काफी concepts clear किए है मेरे.. बहुत मज़ा आता है अपकी stories and examples सुन के.. waheguru ji आपको खूब success दे.. many thanks sir.. cheers
Very well researched, this channel is so underrated
Thank you for your kind words Saurabh 😊
Abhi mere friend group mein 2 logon ne Thunderbird Li..maine bhi Thunderbird Lene ki Sochi..fir mujhe pata chala uski running cost Jada h...Maine 80k ki bike le Li or 1L invest kar diya
you missed one point i.e. Social Status & Satisfaction that comes with your own CAR.
This video is targeting people with low income group.
If you are rich buy Jaguar. Bmw. Who cares
If a person is rich, he will definitely buy a car no matter what the video says.
Ambani adani are not watching video here.
You are doing nice social awareness mukulji..
@@Thereisawaytogo
Low income class cannot afford a 15rs per km chauffeur driven ride on a daily basis. They prefer subsidized public transport ,ola uber is used by upper middle class. Try once using ola on daily basis n you understand.
Sir, can we pay from multiple bank account of different members of same family while purchasing single vehicle?
Thanks in advance
Incorrect Ola Uber cost. It comes to about Rs. 20 per KM
fir to bai ghaate ka sauda hai
@Kaliprasanna Pattnaik 😮
@@cartoonista2019 Rates started with Rs. 9, but now are just a rupee less than 21 of Kali peeli. This video needed more research.
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
Also if your car running more that means you are spending more on fuel. However in ola and uber charges are fixed
OLA/UBER can't be considered as primary option. They may be a secondary option. Don't forget about crime committed against women by cab drivers. But in the end, it all depends on daily/monthly running. BTW there is saying in hindi 'Apni gaadi ka to maja hi kuch aur hai'
These saying in hindi is the reason people overspend and are left with no money when they get old.
Buying used car is the best option if you dont travel much.
@@akshay9463 if you live in delhi then 3 lakh ki gadi lelo or kuch saal chalao or bech do. Tab tak invest karo fd wagerah me or jab pase ho jae to nayi le lo.
@@asifs5051 FD mein kon invest karta hai 😂Mutual Fund sahi hai
Mutual funds give low return as compared to FD in long term
Parking,agar accident Ho Gaya to uska pura phaccha . Buying car is not logical if you are living in big cities.
Sir what are the documents that need to be given to the buyer(s) at the time of selling floor of a building??
Please guide
Superb analysis and presentation. The other qualitative factor to consider is the status of having your own car vs. ola/uber.
I came across your channel yesterday. And I am really impressed the way you cover all major points in your analysis. Commendable work.
You have made a very detailed and in depth research. In fact all your videos give an in depth knowledge of all the topics. Keep up the good work sir.
Bhai dil jit liya....bahut badhiya....
My fav channel
Very good explanation.
Shows your diligence.
Sir what software do you use to make the ppt like video ??
well-thought qualitative factors considered.. keep it up!
These videos are the most helpful for bachelors like myself looking to invest wisely in the future. Thank you, Asset Yogi.
I hope this will be helpful :)
When rain heavily..no uber no ola ..all busy ..even if you get .it will be 2x of fare..
There some areas outerskirr where no ola no uber...
Get a second-hand bike for emergency
(Like taxi-strike, bus strike etc)
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
@@BJPaladiya automobile industry is unstable
And now wrong parking in Mumbai will cost 25k fine (even for parking where there is no "no parking" symbol )
bilkul correct. aur bhai ye india hai. yahan par blindly dusre aadmi pe depend nahi kar sakte. i remember i had to go urgently to office one day and there was no car around. later came to know about ola/uber strike.
I agree Bro.Sometimes Ola drivers refused to Go in Particular area .I have faced this issue 2 or 3 times
Why was fuel cost considered for fixed cost per month calculation!
Superb Analysis Sir.. I work as Data or Quantitative Analyst however its difficult for me as well to breakdown the costs into such simple fashion. Your quantitative skills are superb Sir.. Learnt a lot from you..
Sir pls inform can i avail PMAY scheme if i have a shop in my name..i dont have a house and i want to take a home loan..thanks..awaiting your reply..
Gaadi lena sahi h ola uber me lagane ke liye yaaa nhi ola and uber dono me gaadi attach kr sakte h kya ek saath
Very Nice comparison.. Totally liked it 👍👍
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
What about intercity travel
Social status
Family picnic
Personal time with family while long drives
All time availability for rural areas
Try out ZoomCar..!!
Bhai... Tum family picnic pe jate hi 6 months me 1-2 baar... Uss time bhi tum car hire kar sakte ho, jisme shayad space & comfort bhi jyada ho... Family Picnic me mostly XUV500 type cars bahot kam ati hai... Comfortable Journey for all 7 passengers...
Rahi baat social Status ki... Uske liye yeh video Jarur. dekh lena 👇🏻 ruclips.net/video/f5KEAM2IacY/видео.html
@@aniketkhambayatkar5314 😁😂 bohot Hard
Superbly covered all the cases which will definitely help to take a conscious decision. Keep up the good work sir !!!!!!!
Thanks for appreciation Toshikh :)
Awesome explain sir thank you so much......
Sir your all videos are really informative
I have one doubt
I’m buying a flat in Pune
But the because of late payment (sbi loan process) builder is asking interest on the late payment,and that delay happened by the all loan process,
From booking to builder got all payment(disbursements )in 3months
So my question is ‘can builder put 18% interest per annum for delay?
Not practical calculation, maintenance 15k/year for 6L car, not at all. FordEcoSport get serviced in less than 5k and in year we have to do service 2 times. And we can't depend Ola/Ubar for our daily drive. And what about urgency?
sir ..
ola or uber savhu jagh aasani se ni mil ti he khash Gavo me ni h .
or ye mahngi bhi pd ti h
With Ola and Uber there is a lot of surge charge and in my experience, cabs mostly take 5 to 10+ minutes to reach the location and there is the major issue of instructing driver and finding the car.
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
@@BJPaladiya 12% dega kom
@@fxi3739 index fund bro, or jruri nai he ki 12% hi mile 8% bhi mil gya to vo bhi faida hi he na 48000 firbhi bn jayega dost
if we have to go for picnic etc with family and there is no facility of Ola uber then ?
Please make videos on Agriculture Loans and various government subsidy schemes
Sir we can use self driving car also when we need right its better then buying a car...
Driver issue is a very important point. That should be included in the fixed cost. Even if one can drive, time is the most expensive asset.
Nice video... thanks for these informations. As a stuDent I don't have to think much about this now. But definitely will need one day. ❤
Thankyou Sagar 😊
Sir company o p c me registration krane pr fund mil skta hai
Sir
ismein ek point shyad miss huwa hai woh
Agar accident hoga koi agar injured ya death huva toh kanooni jhamele se bach jate hai in ola & uber case
Main jyada waqt pune & mumbai city mein hi nikalta hoon ola uber ka hi use karna chahiye ya cycle jazoori hai isse polkution bhi nahi hoga aur paisa bhi bachega..
3 years later, the service has deteriorated. You’ll get one only after 7-8 cancellations and after 40-45 minutes
agar car lekee ola ye uber mayy chala diya tho aur khud hi drive karooo woh tho investment ho jayega na barrish may bhi safety rehtha hai plz reply me gar sahi laga tho i am thinking of buyiny new car thank u
@assetyogi what about surge pricing in ola uber
Wagon r car rent pe lagana sahi rahega kya ola Or uber ke liye
I have a question Yogi sir. What is "profit per equity partner"? Can you please give 2,3 liner description
You saved my money....I was about to buy....but now canceled...thanks
😊👍
Buy if you need not buy to show .....
Sir Lenden Clud & Peer2Peer investment platform per bhi ek video bana dejiye kya ye safe investment hai ?
Parking fee bhi add karna chahiye. Villages me issue nahi hai, par cities me parking ka cost kaafi hota hai.
How car value is 0 after 15yrs. Can get 20...30k.... if sale as scrap also can get some amount
If anyone is living in small towns where Ola or Uber not active...then what to do
I am a big fan.
Thank you sir for receive my request.
I am very happy to watch this video.
I am grateful to you. 😊
Hope it helps and thank you so much for your kind words Subhsir 😊
@@AssetYogi
Welcome Sir...😊
Sir Please tell me how could I grow my financial knowledge like you.
Please 😖
I mean books or something like that.
Awesome explanation. Thanks for confirming.
Hope it helps you Vikas
Excellent video! Love the way you explain with numbers. Wondering what role inflation might play in this comparison since we are considering a long tenure of 15 years? 🤔
That's countered by maintainance cost.
Thanks Asset Yogi.. I think you should include surge in your calculations. On an average surge should be take as 1.35 to 1.45
Hope it helps and thank you for your suggestion Kethan 😊
Hey.. if you’re calculating 11%Interest per annum for 5L for 5 yrs then won’t it be 2.8L?
please explain about SWP.. how to get financial independence.. how to get monthly income from mutual fund corpus.. better investment options
as per my point of view one small car at least like a nano is essential for emergency purpose other than that it is an individual choice after all
I have two cars and one among them is Nano, and on my emergencies only nano came to serve as nano is parked outside my house so i never bothered to pull out my big car from house. I just came out from my house and goes away on nano. 😀. 2nd car is only for my satisfaction
बहुत अच्छा लगा वीडियो।
Thank you । इसका इंतेज़ार था।
धन्यवाद 😊
Sir, pls ek video iss pe bhi banao ki agar ham apni car jb use na ho rhi ho to rent pe de skte hai....
If you have old age parents and new born baby at home then Own car makes sense...during this phase of life they need this comfort to travel hospital or nearby places frequently. Also in Rain own car is better for old age n new born baby.
Per km price is never less than 25/km and then comes the base fare or surge pricing and waiting /traffic costs.
What if we want to go out of city for a holiday or to meet relatives???
Hello sir
अगर जमीन का व्यवहार चल रहा है और जितने रक्कम को फायनल हो गया है
लेकीन documents पर sign करने से पहले ओ 50% रक्कम मांग रहे है
तो पैसे देने के ओ 50% रक्कम का prof हमारे पास कैसे रखे Plz reply
Ola uber is not at all reliable
Ever tried booking cab during peak hours?How much is surge in fare ?How much time driver takes to pickup?
Rejection rate by drivers is also high is ola uber, Sorry Ola Uber can be secondary option .Personal vehicle is mandatory
true. I was going to specially point out the rejection rate. During night if we have to book cab they just cancel it!
Then bike or get in colleagues car
there are so many people who have shared a perspective on how this information given is incomplete, and this dude gives 💓 to only those who praise him without questioning him with critical thinking 🤐
You missed one point, if we relocate to another city in india we need to pay RTA charges of that particular state in case of own car. And nowadays we are not sure about for how many years we will stay in one particular city. If we move out of india then it is completely different case.
Insightful... Thanks for the Video..
Thank you for appreciation Mayuresh 😊
Thank you sir bahut badiya explain kara aapne..
Dhanyawad 😊
just day's after Bindra's video! indeed an informational one
That's a coincidence. This one is a follow up on my previous video :)
Thanks for all nice videos.. AY should have 1M subscribers!!
Thank you. Keep supporting Vaishnavi :)
what's about CNG??
Very Good Calculation................ Excellent.....
This is one practical video which factors in each and everything possible. Please make some videos for people who are new in real estate and what is developer builder partnership..
Lastly, it would be amazing if you could tell how to save property from kabza and other legal complications from mischievous elements! Please! Thank you in advance!
I already have many videos related to real estate to help who are new to real estate, you can look for the different playlists in the channel's playlist section and noted your other suggestions for future videos.
ruclips.net/channel/UCsNxHPbaCWL1tKw2hxGQD6gplaylists
Kindly do analysis for apartment buying when customer monthly salary 40000/- per month. How to choose best budget flats when my present salary 40k per month and I can able to pay home loan without failing premium.
Apki videos informative Hoti hain. Thanks for guidance.
But sir rural area me I think own car is best.
Very nice video sir ..finaly aapne meri baat maan hi li ..thank you so much & sir video on demand me aap name bhi bataya kijiye ga isse hame bhi motivation milta ..kariye Maja aayega
😊 thank you for support
Even if u hv a car..option of ola/Uber is available. If u go to some place where parking issues are there etc then these can be availed. But a personal car is must.
Simply Awesome info. Great work
Thanks for appreciation 😊
You forgot cab is environment friendly plus less private car less traffic jam.
You call cab environment friendly these cabs are not well maintained and secondly if you see most of the cabs have one person sitting only some do share cab
I agree with you buddy. In Bangalore I have observed ,, if a single person want to daily commute to his/her office they come in Car instead of using Bike. Majority of cars will have single occupant . Government should look into this issue. This is the major concern for traffic Jam in Bangalore. Later they start complaining about Traffic issues in Bangalore.
Suggest some safe stocks for beginners for long-term investment
Logical and full of information
Thank you Shobhit 😊
Great Video Sir, But I have one question about the software you use to explain the video shown above.
Which software is it?
Yogi ji aap ek chart bna do 6 lakh 7 lakh 8 lakh 12 lakh wali gari ko per day kitna km chalaoge to better hoga apna car lene me...
1. Ola / uber me surge pricing hoti h. Wo consider hi ni kiya.
2. 15 sal ke liye car loan kaun deta h.
3. Good brand like Toyota ki cars ki maintenance kam hoti h and average jayada hoti h.
4. Ola /uber me waiting 30 mints bhi hoti h.
Isliye ola /uber per depend ni ker sakte.
Nice analysis 👍
Fuel cost kab consider kari??
One point you missed. If you have a motorcycle/scooter and a car, then your car can be used by multiple member of your family viz wife , father etc. But ola uber will charge each and every member of your family each time they go out.
Bhai Ola CNG se chalta hai..
Need a refresher of this video for 2022, Ola Uber are now charging insanely high price for cabs.
Kindly help us make the informed decision in 2022
I think...for long drives like more than 100km... person car is better as in this case ola/uber charges are more comparing to cost of drive in person car
Sir ola and uber me drive karne ko nahi milta na
Apke pass konsi car hai sir
Please make a calculator for it. You considered a very nominal price for car. It should be 8-10L. I want to know the calculations then
If you are calculating maintenance and fuel charges then simply you should not buy a car..opt for ola uber or two wheeler like scooty etc. Buying a car is not worth it in any of the metros as you won't be able to drive it around due to crowd and parking problems. you will have to wait for an hour to park in a Mall on weekend, there are not enough road side parking.
Only use of car for you will be going out of town tours.
Please make a video on: Ola, Uber Cab Booking (Renting) vs Zoomcar (Self-driven car rental)
Thank you very much.worth watching.
Glad you enjoyed it
What about town and cities where there is no ola and uber
Sir Delhi me Lal dora ki property kaun si hoti hai
Please explain
Fuel ke paise to add kare hi nahi owned car me
I like your videos and watch them on routine basis. But in this case, there are too many assumptions. There are many confounding factors that have not been covered for e.g. some people get their traveling expenses reimbursed or the company gives travel allowances based on one's post. Also the cost of ola/uber keep fluctuating as per demands.