200+ FREE HINDI Summaries (Android) play.google.com/store/apps/details?id=com.gigl.app&hl=en_IN&gl=US Download GIGL app for 180+ FREE Summaries (IoS) apps.apple.com/us/app/gigl-hindi-audiobook-summaries/id1548413910 7 Mistakes of Middle Class People ruclips.net/video/Of-_8mYPZPM/видео.html My Personal Channel ruclips.net/channel/UCZt6GXD3VnY4rsvXqLX8IQw My Whatsapp Channel:- www.whatsapp.com/channel/0029VaA4kvXDTkJwejGliv0z
Sir, Thumbnail par Aap ka photo mat daliye...aap to mere liye guru ho...muzhe aap ko aise dekhana acccha nahi laga.. Thumbnail par Poor guy ki Ai generated image daliye..
As per your thinking one must not and never buy a, yaar India mae ek mentality hoti hai. If i can afford then i will but no other person must enjoy comfort and luxury. let him live in hell or poorly even he or she can afford cars. Negativity bro....
India only this much tax and motor department road tax this much and half of the cars price , this is very bad no other country do this , we should stop this before people pointing government
Reason why you have to buy car. - But agar gaddi nhi lete- i have to travel by ola , uber + surcharge -+ 30*commission (ola /uber) + 18%gst An indian daily travel 35km Per km charge -15rs per km Daily spending- =35*15=525 Yearly =525*365= 1,91,625 (approx ) 2lakh 5yearly = 10lakh (fuel price constant) If you sell the car -after 5years you will get 4lakh back here in case you will get anything. >You cant keep the luggage ,late night or odd hours cant travel, no privacy. 5family members cant travel together, dirty cars, ac not working, you cant keep hygiene,everytime you have to waste 10-15mins for waiting (wastage of time ), and many So i will choose my own car.
Just get a decent used car... We just need 2 spend according 2 our income on a reliable car... Its the overspending people generally do for showoff is the problem...
For commuting daily preferably take your own bike or electric scooter or public transport if travelling alone. If you are pooling car than it's good. It will be useful and save lot of money on fuel
It's not car who is destroying our wealth that's the government who is doing this on the name of taxes like GST, Cess, Road Tax, Toll Tax , RTO and Unlimited tax on petrol and diesel upto 200% ++
can you tell me if govt. stops collecting tax from us then how they're going to maintain Roads, bridges, streetlights, etc. ? Do you have any another way?
@@sandeshms2148haha sahi jawab diya bhai . Sari kamiyan inhe 2014 se pahle dikhti thi , ab toh golden age chal raha inke according. Matlab kal se ye 28 se badhakar 48 % kar de tax. . Phir bhi badnaam car hi hogi , ki mat lo . Jab internationally price kam hain petrol / diesel ke toh ind mai itna mahanga kyn? Aur ev kaun se bahut pollution free hai ? Ev battery manufacturing mai kitna pollution hota hai , ye bhi pata hona chahiye . 300 ki range dikha ke 150 pe battery down ho jaati ev ki . Kabhi aap ekdum emergency mai pad gaye toh?
@@yashgandhi5457. With proper budget. Restricting advertising budgets of government. There are alot of ways to reduce such unnecessary expenses. Also decreasing monopoly of PSUs . You can research the same
Car prons;- 1) khusi, which is most imp thing 😊 2) jab pese nhi h to mt lo..baki jarur leo, comfort & memories ❤ 3) Time saving in travel & no depending on others 4) Profesionaly its good value 5) mahol 🔥
I watched a similar video in 2020...Had 7.5 lakhs to buy a car, Bought a used i20 for 5L. Bought 1500 shares with 2.5L in Adani Enterprises with an Average price of 167..Now its value is 31L😅❤.
I had 1 lakh. Wanted to buy a motorcycle. But I invested it on stocks. 10 years later it became 10 lakh. Wanted to buy a car, but invested in stocks. 10 years later I have 1 cr. I wanted to buy a house but invested in stocks. 10 years later I died. 💀
I bought a car only after birth of my twin baby. Had i bought the same before my wife's pregnancy my life would have been easier. During those 20 months i spent around 2 lakhs for transportation. Having a car doesn't matter big or small is necessary these days. Now I enjoy every weekend with my twins and wife and I won't have to worry about rented car. Also having personal car is useful as you won't have to pack up bag every time going anywhere. Just load it in the car whatever way you want. Even i don't pack my baby's daily needs as i can keep those permanently in the car.
Even if u have financial strength, this video is actually educating you to ask urself, is it useful. If I spend total of 13lacks in 5 yrs for a small car, can I do business more efficiently resulting in a better income? If ur interested only in transport, then don't buy. If u really need a comfortable transport, then buy 2nd hand which reduces cost hugely. If u use only once a month or rarely for vacations and stuff, just rent a car. Probably a luxurious car for few days and enjoy. It saves money than buying a new budget car
Exactly. Too many people make poor financial decisions and come and comment against the government as if the government forced them to purchase the car. If one cant afford it, dont buy it. Simple.
BUT if no car then what? 1. Bike is not comfortable in India due to extreme weather, pollution and accident rate 2. Ola uber will cost you much more than your own car expense 3. Public vehicles like local trains, metro, buses are over crowded due to over population of India 4. Private shared vehicles like private buses or shared autos consumes your 3 times more time as they always want to keep their capacity full 5. Bicycles not possible due to no bicycle tracks, accident rates, weather, pollution, bicycle theft 6. Walking isn't possible as well because there are hardly any foot paths along the roads, ladies not safe walking alone etc.
Life isn't all about money. After the 2020 COVID outbreak, my father had a heart attack. There were no Ubers or rickshaws available, so I jumped in my own car and rushed him to the hospital. I saved his life. The doctors said if I'd been five minutes later, he would have been gone.
Yes, it's quickly replacing two wheeler. When I was in college, only bikes used to come to mind. Now when I'm working, I can't imagine traveling with my 4 year old, wife and parents on bike. Just not practical.
Having a second hand car is probably the most practical for middle class janta. I was about to buy a Fronx but then thought about my expenses and all and now have decided I can either wait or buy a second hand car which isn't that much used or have still 7-10+ years of life left
bike is still the best option for a single guy going to office, get a good bike around 2 lakh and enjoy less traffic and save almost half of car fuel@@ashishIMpro
India only this much government tax and motor department RTO road tax this much and half of the cars price , this is very bad no other country do this , we should stop this before people pointing government
You are so true bro I am actually trying to buy simple alto K10 car that too not new one used one that also is being difficult for me in Bangalore kind of metro cities only auto doesn't get booked a peak hours and it's very difficult to travel car would be best option
Issues with renting a car: 1) You cannot enjoy your trip fully as you have to travel with stranger 2) You have pre-determined time and you can't spend more time at any place if you want 3) If you want to stay at a place for a day or two they will charge hault and you have to also pay for the drivers stay , lunch , dinner 4) Suppose I want to go from point A to B but I don't want to return to point A then they will charge double the distance between A and B because they have to return without passengers to point A 5) In case of Emergency it will take some time to arrange a car 6) You cannot have unplanned trips So if you can afford a car definitely go for it but don't overspend to just show off or luxury...
Completely agree with all the points, better to buy a car which you can afford(not spending too much for show off) instead of not buying any car and believing that rented cars are same as personal cars.
Beg to differ. Pandemic is not an everyday thing, especially now that it's over. I used to have cars and two wheelers in the past. Counting from maintenance to parking spaces to extra expense - they were never a peace of mind. My life has become more simplified and peaceful once I got rid of these and opted for public tranport inclusive of local train, bus, ola, uber, carpool etc. Here I am talking about citylife. I lived rural life too for a long time and yes, both 2 wheelers as well as four wheelers are useful in rural life.
@@JustAnAtheisttwo wheelers are useful and justified,,,, acording to their prices. But you need 4 wheel only when yo have several business and work related trips etc....or if you have a anuwal income of more than 3 times of the car amount
Corona ne sikhaya ki 1 life hai kabhi bhi ja sakhti hai... Kisi ka kuch bharosa nahi raha hai... Toh log abhi mai enjoy kar rahe hai... Car buy kar rahe hai... Luxury item pr Paise spend kar rahe hai...
@@FreakGUY-007 I'm 40+ and based on my long term experience I'm sharing why having these aren't much helpful now a days in big cities. In fact, there are better alternatived as I've mentioned before.
After 3 years car value will depreciate around 40-60%, ideally you are right. But after Corona, big players entered 2nd hand market and increased the prices. 10 years old car they are selling around 60-70% of the current version cars😢
Most people buy things which they can't afford... Even they stop caring about their family just to fulfill their useless desire. This video is very important and helpfull... It gives an alarm to a person who's just about to waste his money on something which he can't afford.
One common man pays taxes like European citizen do and gets services like bhutan 🇧🇹 Somalia 🇸🇴 in return from government educate your vushwaguru and his andhbakhts
@@79549youpeople can use it to spend the night anywhere inside the car given any emergency or just trip. Cars have many uses. Whoever has it knows it. Also you can just keep anything in the car for work or anything nd it’s extremely convenient.
Personal Car is just comes under INVALUABLE ASSETS or NON - LIFE TIME ASSETS but most of superior complexed indians don't know that at all😂 And blame the government, their tax , road , bla bla 😂😂
Warren Buffett invested all his money and life in earning, now he is donating 99% of money after this death, so keeping money in bank or investment is good but enjoying life is also important, me as software engineer i work 5days e week and on weekend i will go on road trip with my new car whick makes me feel good happy.
Tru tru; if we only keep saving and saving and dont spend a bit on our hobby, our life is just in vain... Car is more of a necessity nowadays... Its just we shudnt overspend on it... But its similar on all things of life...
Warren Buffet is enjoying life only.... he loves making money... Also he got recognized and respected in Other countries as well... He also travels alot...
I too bought used swift in 2019 , but it doesn't means that's I was influenced by such videos in past.. I couldn't afford a new one at that particular time.. But now I am happy with my decision..
This is the irony of living in a poor developing nation like India where governments neither gives us good public transport facilities nor allow us to buy private cars by imposing impossible unrealistic taxes…😢
@@abizerdewaswala2227ur name says it all... Can't expect a madrassa chap jihadi to know the spirit behind aspiring to become a vishwaguru... Tum log sirf bacche paida Karo bazar me ola hu uber chilla ke phato aur 72 hooro ke wet dreams dekha karo
What have you given to country so far? Have you established a 1000 core company and given employment to 10000 Indians? Stop crying for what you are given by the nation and start thinking about giving more to the nation. America is not built in a day. They worked hard to build their nation unlike you who just keep complaining.
Don't take it otherwise, but in my case, I bought a Skoda Slavia for Rs. 17 Lac in cash only when I am having 3.5 CR savings and a steady average monthly income of 4 Lac + from different sources. I could have bought Fortuner too.. but, ended up with much cheaper priced car . Always , investment 1st, then come luxury. Because, life is very unpredictable, so be prepared for any worst situation before going to buy any type of luxury for you.Thank you.
sir he is not taking about lamborgini or fortuner... he is asking us not even to take swift... do u think SWIFT is a luxury car? if we stop purchasing cars then all the car companies will shut down... which will in turn impact on crores of jobs in the country... will u employ crore of people who will loose their jobs from those car companies?
For city life, it's practical to go with public transport. But in rural areas, having a car can be useful. Besides you must have a two wheeler for solo commuting.
I think it's best to buy a used car/motorcycle. reasons: 1) you can get it the next day. no waiting period 2) You can get a 4-5 YO car for half the price 3) You can customize it as much as you want since it does not affect the waranty 4) you do not like it, you can sell it off without losing much money, sometimes you will be able to sell it for the same price as you bought it if its a discontinued model Preferably buy the car from the owner of the vehicle, not a dealer. Dealers charge too much commission. Only reason anyone should buy a new car is if: 1) you are a businessman and want to claim GST
@@bharathirajkumar No, the GST levied on cars cannot be refunded as per the provisions of section 17-5 of the CGST Act. Input Tax Credit cannot be availed for motor vehicles.
You always make choices in life. Buying a car at a time in life can lead to memories which are priceless. You can visit places at times without having to plan a lot. It's not the car that makes you poor but what you want to do and the choices you make based on your priorities. It's that informed choice. Not based on mathematics alone. But taking time into consideration as well. Because you will be able to save a bit and reach that financial goal. But time my dear friend once gone will not come back. I don't think any amount of money can give me the joy I feel when I go somewhere in my car with my wife and my parents. I believe ultimately it's the happiness that you see in your loved ones that counts. But then why does everybody keep making such videos ? - Because it is easier to explain numbers than emotions. And aren't we all becoming like machines who prioritise numbers over emotions. Just to be clear I bought a pre-owned car last year rather than waiting for another 1-2 years to buy a new one. Because time my dear friend is of the essence.
Very nice explanation , the emotions are countless, I have a dream from childhood to travel with my car across ,which I want even though my fianancial condition is not good at that time not a family support also, But once I become capable then I brought the car started with second hand, Now this is my trird car & I travelled almost every destination that I want by car with my family & the happiness i got which is priceless ,, Timely decision making with our financial condition gives you this ultimate joy,,,
Take away 1) invest amount instead of buy car 2) rent car when needed 3) buy second if necessary 4)buy ev car 5)file ITC to save tax if it is for rental,driving,transport goods 6) TCS claim * rental business of car is a good idea
@@ayushchaturvedi7098 EVs are for gays. They aren't as practical as Petrol/Diesel cars. Also EV batteries manufacturing makes a lot more pollution than Fuel powered engines. And what about battery replacement after warranty lol
Very Informative Video... Don't buy Car just to show off and if your Salary is Less. buy it only if your salary is High. if ur salary is Less and if u buy a Car then all your Earned money will be Spent in Maintaining your Car and End of the Day you End up without Savings..☝️
Aisa hi hoga kyuki per up down logbog 70k se 80k tak mil jatha hai ,mene lagbog 70 se 80 lakh bana liya tha ,aab mein es paise se ek dukan bhi khul dia ,aur ye sab korna band kor diya@@Guddubhao-t3t
1. Saving rate. This single KPI can ensure you are on the top of the finances irrespective of how much wealth you have. Starting from 15-20% and taking it to 50-60% (along with common investment instruments) 2. As is mentioned by the gentleman in the interview, indulge youself with the interest and not with the principal (especially in the early part of wealth creation)
For me car gives me my space,it gives me comfort,I am a road trip lover, …….and I love doing it in my car I own a 2022 Mahindra Thar diesel automatic ,and in less than two year I have clocked 65k kilometers …….we make memories with our car there are n number of reasons to buy a car but yes,do it when you are financially responsible and independent enough ……don’t do it if you aren’t financially ready,don’t do it to just show off,don’t do it in any peer or societal pressure…..buy it when you are financially more than ready. I have been more than satisfied and in love with my car and within two years of purchasing my first car,now I’m about to buy second car for myself within few days.
Kafi accha lga dekh ke ....last part jada acche se samaj to nhi aya ke me apne case me kese try kru tax bcane ke liye ...lekin aisii videos kii middle class or lower middle class ko bohot jarurat hai
That's why I'll suggest always buy a 2nd hand car which is around 2-4 years old, this way you're getting a car which is in good condition almost new and the best part is it'll cost you very less as compared to a brand new car. For example if you're gonna buy a brand new honda city it'll cost you around 15 - 16 lakhs but if you buy a 2nd hand honda city which is around 2 - 3 years old you'll get it around 7-8 lakhs and now you can invest the money you saved in FD, PPF, Stocks or buying assets. Remember the people who are actually rich dosen't care what others think about them but the people who are not rich will always think about impressing others and will buy things which they can't afford. I mean it's not like you should always buy a 2nd hand car, you can buy a 1st hand car but only when you're at that level.
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I brought new car and started thinking in same way till my dad hospitalized in rainy season. I realised that "the importance of car in the family especially with old aged one in family".
@@AnuragSingh-h5u yes dear I am planning to do so but it can take another one or two years to do so as I will become financially free by then I have to be there with my company and remain the most consistent and top performer as have been so far…
Corrections: 1. EVs are way costlier than normal IC egnines car in terms of ex showroom price onlyy!! I agree that running cost of them is almost 0.2 rs!! 2. TCS charges are only applicable on cars above 10L rupess!! Swift pe TCS nhi lagta hai
Saving is important but getting right things at right is also important.. you only live once.. Zindagi na milegi dobara..tumhe kaise pata ki tum kitne saal jioge.
Totally agree with the mathematics behind the video but sometimes we just forget that money supposed to make us feel good. For me personally I am working professional with decent enough savings and investments I personally believe owning a car or phone or anything that you like has a intangible benefit that cant be measured in money. Money gives me more happiness when it gets me comfort and convenience. Money in my accounts and investments doesnt make me feel any good anymore.
Absolutely, money in Investments and savings does not makes us happy anymore in current times. Times are not the same as the 90s, where everything was just slow as per the pace of that time. Cent % agree, your answer gave me solace..
Atleast someone gets it... These influencers only gather views by giving a negative perspective to everything... Don't buy a phone don't buy a car don't buy a house don't go on a foreign trip just save invest and then save invest some more... Sometimes self indulgence is necessary to just feel good... The feeling that ur hardwork is giving u an opportunity to own things is more satisfying than just seeing numbers increase in ur account
These influencer are also claiming education nd marriage as an expense, but I will says, if we don't do all this and why to earn and save the money. We should not dedicate our life to earn and do sip for all savings, only to make MF companies to run. I think nowadays it's trap to push all the money into MF
Cars don't make you poor. Never buy the car which you can't afford. People buy big cars that they can't afford but end up buying it in finance. Same case as iPhone users. Go for the car that suits your requirements & budget. Show show baazi se kuchh nahi hoga
Not everyone sees the 'Car' from a financial point of view. For some motorheads, it's an emotion. You will spend a certain chunk of your hard earned money on things that excite you.
@@jairajsinghshaktawat6593Tf is this logic?? You a kiddo or something dude?? If someone works hard and day and night for example my cousin..He used to study day and night for JEE and cracked IIT..now he is having a good job and he has 2 cars which are very expensive because he loves cars since his childhood..is it stealing?? You are just being a Dumbhead and thinking your Statement matters anyway
Money is never actually yours, its just your time to use it.... Use the money for yourself before your time is over.... If you can afford a car, buy it.... Life is short.... if you dont use it someone else will.... ....
Bhai , I.want to clear the confusion regarding tax structure., the cess is collected in the GST amount not in basic amount, for example Car basic rate is Rs 5,00,000 GST 28%. Rs. 1,40,000 Cess 17% (GST 1,40,000*17%) Rs 23,800 Total. Rs 6,63,800 This the tax calculation bhai
The cess calculation u r doing is wrong, the way u calculated is as per income tax where a person had to pay 4% cess on tax amount. But for GST cases like cars. Cess is calculated on car IDV value and not on tax amount. I work in CA firm so I know this.
@@ussvmehar7352 okay bro, I hope u find ur mistake soon any day wen u but car. I bought recently creta, so I know the bill. Also I am an tax consultant in CA Firm. But I think u would be knowing better. All the best man.
Personally I really like you bro jaise Aap hame motivate & Inspire karte hain Zabardast case study laate hain That is Superb... But Aap ka Cute Face Dekhkar Lagta hai Hai Ki Singer AATIF ASLAM HAME MOTIVATE KAR RAHE HAIN 😂 REALLY YAAR .. ALMIGHTY GOD BLESS YOU Your Fan ❤
I bought i10 asta(o) in 2017 at 8.80 lacs ,used it for 6 years and sold it at 5.10lacs in 2023. Now i owned used Volkswagen passta 2.0 and m very happy with it . And here on i will always buy certified used car as it is cheper and we can change almost in every 2 years.
Tax rules for car in India is nightmare for both customer and manufacturers. Because of that, luxury is just a dream for middle class. No wonder why automobile companies are leaving India.
Automobile companies are leaving India because of poor performance not because of taxes. Despite all the taxes, more than 40 lakhs passenger vehicles were bought in India in 2023. That is almost a 9 percent increase in sales from 2022. The industry is performing perfectly fine. Brands like Ford or Chevrolet left India because of their poor planning and inability to adapt to the market.
@@vanlandings7466 hey, Numbers are good, but you can also look at this way. 2020-21 people were suffering From corona, 2022 economy was in recovery phase. 2023- economy was in booming phase. Not only cars, but the purchase of everything was increased. And yes, there are other factors involved but major factors are tax. that's why Most of the sold are in less than 4 meter length category. And because of the price sensitive market of India, OEMs are focused on cost cutting. That's why I clearly mentioned the word 'luxury'. Just take the list of top 10 selling cars of India from your 40L cars. And if you dig down to the models, you'll realise that most of the cars sold in the top 10 are not even providing a touch screen display and digital console in their base model. I wonder if they are even providing Air begs in the base model. And you know most of the cars in that list are from Suzuki and they have a very poor safety rating. Most of the Indians buying cars are worth more than their half of annual income. Still they are getting very very basic features. Owning a car, worth of them don't give them true luxury. And in addition to this. In the country of nearly 1.4 billion. 40L (4 Million) is still nothing. Just to give you perspective of the difference- A million seconds is 12 days. A billion seconds is 31 years
Thanks for the valuable advice, I changed ny mind and invested in FD. Now my family go to events on FD, we ride the FD , even we have hired a FD driver also.
What else government can do if only 1-2% people are voluntarily paying income tax in a country of 135+cr population. Where else Government find money. Nearly 70% population are not liable to pay income tax but can buy car🤐
When I was a kid, only rich people had cars. Only 2 people in our building had cars. Then advertisers sold the dream of owning a car to the middle class. Today they have made it a "necessity".
@@V-ob9noYes???Dude their are different people with different POVs People who are car enthusiasts like me don't see car as an object for travelling from point A to B..these machines are emotions for us!The feel of driving the feel of revving..everyone can't get that feeling
Cars have never fascinated me, actually whrn you see the process of making it, and the efficiency it gives, it becomes very repulsive. Rather book a cab, it actually cost way less..
For cess, it is state compensation cess... with gst introduced, It was supposed to be only applicable for 5 years but kept extended by govt and common man did not complaint
Thank you 🙏🏻 Hemant (& GIGL Team) 🔥👌🏻 for Saving me 6.5 Lakhs 💰 and Giving Right Advice 🤔 to Invest in Stocks instead of Buying a Car. Thank you for Bring Eye 👀 Opening Content like this! Folks, Please Like 👍🏻 this Video & Comment, if you think the Same.
😂😂 chut** ek din mar jaega fir save krta rehna 😂😂..Jitni pocket allow krti h vo to car buy krni chahiye...Emergency me taxi / ambulance ka wait krte waqt late hote hote he mar jaoge..Aur kisi relative ke paas emergency me jana ho to taxi / bus ka wait kroge ? 😂
The video is misleading. Car is a necessity. It is used for commuting to work place. That means it is used for earning money. So buy car immediately even on loan.
Your information is half correct. You also have to consider the value of rupee after 5 years. Also, time is money, nobody is going to give you loan at lesser interest. If you buy time to repay, you have to pay interest. Also, owning a car gives you flexibility to travel. Fuel, Insurance you anyway have to pay, it wouldn't run for free. Salary would also increase every year for next 5 years... Long story short: fix your budget and buy car accordingly. Enjoy life with a balanced approach than dying rich...
10:35 I bought Tata Motors share at just 70 during COVID. Now it its above 600. Unfortunately I did not have money at that time & I could buy only 100 shares of TATMOT.
cess is tax on tax so in this case it is on gst amount not on basic amount the only problem i have is why we have 15 years policy ??? jab engine wear and tear hi nahi hua toh kyun change karey???????
Well i disagree on not buying a car concept Having a car can actually motivate you to do better and enjoy in the process But you need to scarifice on other things 1. When buying a car.. use the 2X formula.. buy once if you can afford the car twice.. so i.e find what is the maximum car you can buy in the market.. calculate the on-road price then divide by 2 .. the value that comes it what you need to spend on buying a car(many people go for a car that the bank can finance thinking with future salary they can pay afterwards.. do the present calculation not future calcualtion 2. Don't buy apple products until you are a crorepati(oneplus provides enough performance) 3. Try to do courses to increase your skills and salary 4. When you get a hike of 50% .. don't hike your spending by 50%.. instead 20% hike in spending is more then enough 5. Invest the additional money in savings(or invest in index funds if not good at stocks) 6. Only buy a car when you can save atleast 20% of your salary after car emi and fuel cost.. 7. Second hand cars can be a dangerous investment as you don't know the previous owner has done to the car.. also aim for a safe car too.. as life is more important then money invested in unsafe cars to save money. Also if you want a second hand car.. don't go for anything older then 2 years or so.. in highways a tyre brust or braking failure can take your life or can cause serious injuries to you and your family for saving money. Features like ABS or elecrtronic stability or ADAS can actually save yours and yours family lives.
@@Just_randomhumancar is necessary in Kerala. I used to think that a car was a liability. So I didn't own any car. I always have a dream to start a business, but without a car it's not possible in Kerala, because of the rains. I realised this I met my friend after some years, he now owns a car, he became a freelance photographer, he can go to any place with his camera in any weather conditions. He is eating 50k to 1 lakh per month. If you just want a 15k to 30k job, and are happy with it, then you can live without a four wheeler.
in short SWIFT :- Ex SHowroom :- 7 lakh EMI 5 years interest :- 1.37 Lakh PETROL 5 years :- 4.1 lakh Maintenance 5 years :- 27 Thousand TOtal :- Aprox 13 Lakh Aise to agar PETROL aur MAINTENANCE ka 15 years Cost dekha jaye ___Swift Cost is actulay 22 lakh ____EK vedio ispe Bhi bana do bhai Agar PLOT Karidnay jaogay to kya usme Ghar , Bijli , pani , Furniture ka bhi Cost Jodogay kya
Sir car prices are also increasing, swift bhi next 3-years mei 10lakh pe bhi nahi milega... Tata nexon 5years pehle jab launch hua tha toh top model 12lakhs tha aaj 24lakhs hai
i see people with a meagre monthly earning of 30 to 40k and driving car worth 10 lakh. indeed credit goes to easy finance and just yesterday rbi have taken strong cognizance of how easy financing is pulling our economy towards a loan based economy from saving based. the cost to ownership of a 10 lakh worth car is somewhat around 12 to 15 k a month how are people even managing this with a monthly earning of 30 to40 k and in some cases this earning is also not fixed.
Check all points if u can agree with all these points buy a car . 1) if u have the backup money to buy a car in cash x 2 . 2) if a motorcycle doesn't meet your requirements 3) if u don't have any other car in the family 4) if u are financially preety stable to pay emi 5) u can afford to pay approx 40 to 60 percent of the down payment 6)car's is value for money and not talking it only for show off 7) if a lower price segment can meet your requirements
You cannot see everything in profit loss excel buddy, sometimes love for a car is more then you can imagine, Earn money and enjoy life , spend where ever your heart wish, I always encourage people to buy car if they could afford . People may have different though , I respect everyones thoughts.
Most people buy things which they can't afford... Even they stop caring about their family just to fulfill their useless desire. This video is very important and helpfull... It gives an alarm to a person who's just about to waste his money on something which he can't afford.
I think cars are dreams for some people but we must keep in mind that if we r buying car of 5 lakh rupees then we have to be eligible to spend 3× to the vehicle
Wow amazing video, just a quick question, what will you suggest if a person spends 30k to 35k a month on auto, cab and metro combined, should he go for a car???
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Sir,
Thumbnail par Aap ka photo mat daliye...aap to mere liye guru ho...muzhe aap ko aise dekhana acccha nahi laga..
Thumbnail par Poor guy ki Ai generated image daliye..
Please shift to book summaries and learning investing content please 🙏
😅.
As per your thinking one must not and never buy a, yaar India mae ek mentality hoti hai. If i can afford then i will but no other person must enjoy comfort and luxury. let him live in hell or poorly even he or she can afford cars. Negativity bro....
India only this much tax and motor department road tax this much and half of the cars price , this is very bad no other country do this , we should stop this before people pointing government
Reason why you have to buy car. -
But agar gaddi nhi lete-
i have to travel by ola , uber + surcharge -+ 30*commission (ola /uber) + 18%gst
An indian daily travel 35km
Per km charge -15rs per km
Daily spending- =35*15=525
Yearly =525*365= 1,91,625 (approx ) 2lakh
5yearly = 10lakh (fuel price constant)
If you sell the car -after 5years you will get 4lakh back here in case you will get anything.
>You cant keep the luggage ,late night or odd hours cant travel, no privacy. 5family members cant travel together, dirty cars, ac not working, you cant keep hygiene,everytime you have to waste 10-15mins for waiting (wastage of time ), and many
So i will choose my own car.
Just get a decent used car... We just need 2 spend according 2 our income on a reliable car... Its the overspending people generally do for showoff is the problem...
For commuting daily preferably take your own bike or electric scooter or public transport if travelling alone. If you are pooling car than it's good. It will be useful and save lot of money on fuel
Bhai ek personal rented car lelo. You can use it whenever you want without the headache of owning the car
Aadhi raat jab car cahalan nhi ati hogi car nhi hogi tah akal ati car apni apni hoti hai
also most ola and uber cabs stink of the drivers stench and fart
It's not car who is destroying our wealth that's the government who is doing this on the name of taxes like GST, Cess, Road Tax, Toll Tax , RTO and Unlimited tax on petrol and diesel upto 200% ++
Exactly 💯 percent
can you tell me if govt. stops collecting tax from us then how they're going to maintain Roads, bridges, streetlights, etc. ? Do you have any another way?
@@yashgandhi5457as if roads are maintained in international standard
@@sandeshms2148haha sahi jawab diya bhai . Sari kamiyan inhe 2014 se pahle dikhti thi , ab toh golden age chal raha inke according. Matlab kal se ye 28 se badhakar 48 % kar de tax. . Phir bhi badnaam car hi hogi , ki mat lo . Jab internationally price kam hain petrol / diesel ke toh ind mai itna mahanga kyn? Aur ev kaun se bahut pollution free hai ? Ev battery manufacturing mai kitna pollution hota hai , ye bhi pata hona chahiye . 300 ki range dikha ke 150 pe battery down ho jaati ev ki . Kabhi aap ekdum emergency mai pad gaye toh?
@@yashgandhi5457. With proper budget. Restricting advertising budgets of government. There are alot of ways to reduce such unnecessary expenses. Also decreasing monopoly of PSUs . You can research the same
Car makes u poor logically
Car makes u happier emotional
Choose what u want
It's depend on which car ......
Emotional happiness is a state of mind it can change any time. Logic is for lifetime.
@@rohitraut256 we are humans buddy u have to be both logical and emotional
That's why never finance your car. Buy it outright.
@@rohitraut256but travelling on foot for a lifetime would be a state of mind forever
Car prons;-
1) khusi, which is most imp thing 😊
2) jab pese nhi h to mt lo..baki jarur leo, comfort & memories ❤
3) Time saving in travel & no depending on others
4) Profesionaly its good value
5) mahol 🔥
Budget mein kharido ❤❤ not for showoff
@@sayantan_21_31 ekdm sahi
sare points bakwas hai tere....
@@Jakesullyybakwas nahi hai, kya hum bas khane, pine ke liye jeete hai, Roz naukri pe jao fir Khao piyo so jao😂 kya yahi hai zindagi?
@@Jakesullyy Bus me jao, khus rho..but time save krna pdta h bhai..& life comfortable bhi chaie..
Ok me ferrari ki nhi bolra hu
I watched a similar video in 2020...Had 7.5 lakhs to buy a car, Bought a used i20 for 5L.
Bought 1500 shares with 2.5L in Adani Enterprises with an Average price of 167..Now its value is 31L😅❤.
Right bro overall return about 1200percent in today's time
Waaa
@@Boution no no I am don't buy shares
👍
@@sohambhayani4434 2020 July-Aug period
I had 1 lakh. Wanted to buy a motorcycle. But I invested it on stocks. 10 years later it became 10 lakh. Wanted to buy a car, but invested in stocks. 10 years later I have 1 cr. I wanted to buy a house but invested in stocks. 10 years later I died. 💀
Moral : Just enjoy your life man. Because "You only live once".
😂
🤣
😂😂😂😂😂😂😂😂😂
🤣🤣🤣😁😁😁
I bought a car only after birth of my twin baby. Had i bought the same before my wife's pregnancy my life would have been easier. During those 20 months i spent around 2 lakhs for transportation. Having a car doesn't matter big or small is necessary these days. Now I enjoy every weekend with my twins and wife and I won't have to worry about rented car.
Also having personal car is useful as you won't have to pack up bag every time going anywhere. Just load it in the car whatever way you want.
Even i don't pack my baby's daily needs as i can keep those permanently in the car.
Super,
Buying a car doesn't make one poor but buying a car without financially being strong does.
Agree.
Finally a person with common sense .
Even if u have financial strength, this video is actually educating you to ask urself, is it useful. If I spend total of 13lacks in 5 yrs for a small car, can I do business more efficiently resulting in a better income? If ur interested only in transport, then don't buy. If u really need a comfortable transport, then buy 2nd hand which reduces cost hugely. If u use only once a month or rarely for vacations and stuff, just rent a car. Probably a luxurious car for few days and enjoy. It saves money than buying a new budget car
Exactly. Too many people make poor financial decisions and come and comment against the government as if the government forced them to purchase the car. If one cant afford it, dont buy it. Simple.
Ik hai to 350 ka daal 2 aap ke lie 2000 ka kar dete hai fir aap se vahi kahte hai jo aap ne likha hai to chalega?
BUT if no car then what?
1. Bike is not comfortable in India due to extreme weather, pollution and accident rate
2. Ola uber will cost you much more than your own car expense
3. Public vehicles like local trains, metro, buses are over crowded due to over population of India
4. Private shared vehicles like private buses or shared autos consumes your 3 times more time as they always want to keep their capacity full
5. Bicycles not possible due to no bicycle tracks, accident rates, weather, pollution, bicycle theft
6. Walking isn't possible as well because there are hardly any foot paths along the roads, ladies not safe walking alone etc.
Life isn't all about money. After the 2020 COVID outbreak, my father had a heart attack. There were no Ubers or rickshaws available, so I jumped in my own car and rushed him to the hospital. I saved his life. The doctors said if I'd been five minutes later, he would have been gone.
Car is a necessity 2day... But yeah if we're overspending on it thn it maybe a liability... We can always buy according 2 our income...
@@rohanstormbanks7601 Spot on!
No bro
Enjoy your life
Money is not everything ❤
Yes, own car helps in Emergency
You missed whole point
Owning a car is no longer just a symbol of wealth but has become a human need.
Yes, it's quickly replacing two wheeler.
When I was in college, only bikes used to come to mind.
Now when I'm working, I can't imagine traveling with my 4 year old, wife and parents on bike. Just not practical.
Having a second hand car is probably the most practical for middle class janta. I was about to buy a Fronx but then thought about my expenses and all and now have decided I can either wait or buy a second hand car which isn't that much used or have still 7-10+ years of life left
bike is still the best option for a single guy going to office, get a good bike around 2 lakh and enjoy less traffic and save almost half of car fuel@@ashishIMpro
Bbbbb
India only this much government tax and motor department RTO road tax this much and half of the cars price , this is very bad no other country do this , we should stop this before people pointing government
Having a car is just a Blessing.....
Ask those who don't have cars and sufferings they are experiencing in local transport.
Trueee
Why motorcycle is best option 🎉🎉
You are so true bro I am actually trying to buy simple alto K10 car that too not new one used one that also is being difficult for me in Bangalore kind of metro cities only auto doesn't get booked a peak hours and it's very difficult to travel car would be best option
Every family has a dream for private vehicle
Issues with renting a car:
1) You cannot enjoy your trip fully as you have to travel with stranger
2) You have pre-determined time and you can't spend more time at any place if you want
3) If you want to stay at a place for a day or two they will charge hault and you have to also pay for the drivers stay , lunch , dinner
4) Suppose I want to go from point A to B but I don't want to return to point A then they will charge double the distance between A and B because they have to return without passengers to point A
5) In case of Emergency it will take some time to arrange a car
6) You cannot have unplanned trips
So if you can afford a car definitely go for it but don't overspend to just show off or luxury...
Yrr y india hai 😅
True
Completely agree with all the points, better to buy a car which you can afford(not spending too much for show off) instead of not buying any car and believing that rented cars are same as personal cars.
true
point 4 is best..... i have car only for emergancy, not for trips
Every problem has 1 solution commonly called money...if u hve money u can buy anything... without overthinking 😊
During Corona period people realised how important is having your own vehicle. Car is always useful!
Beg to differ. Pandemic is not an everyday thing, especially now that it's over.
I used to have cars and two wheelers in the past. Counting from maintenance to parking spaces to extra expense - they were never a peace of mind.
My life has become more simplified and peaceful once I got rid of these and opted for public tranport inclusive of local train, bus, ola, uber, carpool etc. Here I am talking about citylife.
I lived rural life too for a long time and yes, both 2 wheelers as well as four wheelers are useful in rural life.
@@JustAnAtheisttwo wheelers are useful and justified,,,, acording to their prices.
But you need 4 wheel only when yo have several business and work related trips etc....or if you have a anuwal income of more than 3 times of the car amount
Corona ne sikhaya ki 1 life hai kabhi bhi ja sakhti hai... Kisi ka kuch bharosa nahi raha hai... Toh log abhi mai enjoy kar rahe hai... Car buy kar rahe hai... Luxury item pr Paise spend kar rahe hai...
@@JustAnAtheist it should be personal preference rather than an objective taking ... If someone has capacity to buy a car .. he isn't poor ...
@@FreakGUY-007 I'm 40+ and based on my long term experience I'm sharing why having these aren't much helpful now a days in big cities. In fact, there are better alternatived as I've mentioned before.
After 3 years car value will depreciate around 40-60%, ideally you are right. But after Corona, big players entered 2nd hand market and increased the prices. 10 years old car they are selling around 60-70% of the current version cars😢
Yes, actually it's better to buy a new car now rather than purchasing old cars with less features and safety equipments
Purchasing new car is always a loss deal
Bro you are absolutely wrong.. learn to search and hunt in market
Yes exactly....
Absolutely right
Most people buy things which they can't afford... Even they stop caring about their family just to fulfill their useless desire. This video is very important and helpfull... It gives an alarm to a person who's just about to waste his money on something which he can't afford.
One common man pays taxes like European citizen do and gets services like bhutan 🇧🇹 Somalia 🇸🇴 in return from government educate your vushwaguru and his andhbakhts
Car is not only a thing.. Its Running Home, emotion, comfort,
And spark to earn something extra as usual...😊💐
Running home .......how?
@@79549youpeople can use it to spend the night anywhere inside the car given any emergency or just trip. Cars have many uses. Whoever has it knows it. Also you can just keep anything in the car for work or anything nd it’s extremely convenient.
Personal Car is just comes under INVALUABLE ASSETS or NON - LIFE TIME ASSETS but most of superior complexed indians don't know that at all😂 And blame the government, their tax , road , bla bla 😂😂
@@79549you u wont understand
@@79549youu can sleep inside it, it has AC/heater etc
Warren Buffett invested all his money and life in earning, now he is donating 99% of money after this death, so keeping money in bank or investment is good but enjoying life is also important, me as software engineer i work 5days e week and on weekend i will go on road trip with my new car whick makes me feel good happy.
Tru tru; if we only keep saving and saving and dont spend a bit on our hobby, our life is just in vain... Car is more of a necessity nowadays... Its just we shudnt overspend on it... But its similar on all things of life...
❤
Save money for 60 yrs, and then go to Goa to enjoying life after 60 yrs😅😅😅
Warren Buffet is enjoying life only.... he loves making money... Also he got recognized and respected in Other countries as well... He also travels alot...
WHICH CAR DO YOU OWN? @ k_a_m_a_l
Bhai apke Salah ke liye Grand salute 🙏 apko,ab middle class hone ke nate me life me second hand car hi lunga🙏
I too bought used swift in 2019 , but it doesn't means that's I was influenced by such videos in past.. I couldn't afford a new one at that particular time.. But now I am happy with my decision..
This is the irony of living in a poor developing nation like India where governments neither gives us good public transport facilities nor allow us to buy private cars by imposing impossible unrealistic taxes…😢
Lekin adhiktar janta ke hissab se hum vishwagur hai sorry i mean farzi vishwaguru😂
हर कोई कार नहीं खरीद सकता है सब एक जैसे नहीं होते हैं
@@abizerdewaswala2227ur name says it all... Can't expect a madrassa chap jihadi to know the spirit behind aspiring to become a vishwaguru... Tum log sirf bacche paida Karo bazar me ola hu uber chilla ke phato aur 72 hooro ke wet dreams dekha karo
Roo mat bhai is desh ka bhar kewal middle class hi uthata hai rich ya gareeb nhi
What have you given to country so far? Have you established a 1000 core company and given employment to 10000 Indians? Stop crying for what you are given by the nation and start thinking about giving more to the nation. America is not built in a day. They worked hard to build their nation unlike you who just keep complaining.
East or west cycle is the best!
No taxes, no fuel cost, no traffic, no toll tax, less maintenance, no pollution.
इतनी जल्दी दुनिया की कोई चीज,
नही बदलती जितनी जल्दी इंसान की,
नीयत और नजरे बदल जाती है ❤
क्या बात हैँ बॉस 👌
Don't take it otherwise, but in my case, I bought a Skoda Slavia for Rs. 17 Lac in cash only when I am having 3.5 CR savings and a steady average monthly income of 4 Lac + from different sources. I could have bought Fortuner too.. but, ended up with much cheaper priced car . Always , investment 1st, then come luxury. Because, life is very unpredictable, so be prepared for any worst situation before going to buy any type of luxury for you.Thank you.
Sir 🙏
😅😅😅😅i
sir he is not taking about lamborgini or fortuner... he is asking us not even to take swift... do u think SWIFT is a luxury car? if we stop purchasing cars then all the car companies will shut down... which will in turn impact on crores of jobs in the country... will u employ crore of people who will loose their jobs from those car companies?
@CarTradeandme Are u a trader too bro...? 😅
@@ShivamRaj-mm6gb yes bhai, chota mota trader 😀
For city life, it's practical to go with public transport. But in rural areas, having a car can be useful. Besides you must have a two wheeler for solo commuting.
I think it's best to buy a used car/motorcycle.
reasons:
1) you can get it the next day. no waiting period
2) You can get a 4-5 YO car for half the price
3) You can customize it as much as you want since it does not affect the waranty
4) you do not like it, you can sell it off without losing much money, sometimes you will be able to sell it for the same price as you bought it if its a discontinued model
Preferably buy the car from the owner of the vehicle, not a dealer. Dealers charge too much commission.
Only reason anyone should buy a new car is if:
1) you are a businessman and want to claim GST
GST. Cannot be claimed on car
@@vansh12124 all businessmen do
@@vansh12124 yes you can
@@bharathirajkumar No, the GST levied on cars cannot be refunded as per the provisions of section 17-5 of the CGST Act. Input Tax Credit cannot be availed for motor vehicles.
You always make choices in life.
Buying a car at a time in life can lead to memories which are priceless.
You can visit places at times without having to plan a lot.
It's not the car that makes you poor but what you want to do and the choices you make based on your priorities.
It's that informed choice. Not based on mathematics alone.
But taking time into consideration as well.
Because you will be able to save a bit and reach that financial goal.
But time my dear friend once gone will not come back.
I don't think any amount of money can give me the joy I feel when I go somewhere in my car with my wife and my parents.
I believe ultimately it's the happiness that you see in your loved ones that counts.
But then why does everybody keep making such videos ?
- Because it is easier to explain numbers than emotions.
And aren't we all becoming like machines who prioritise numbers over emotions.
Just to be clear I bought a pre-owned car last year rather than waiting for another 1-2 years to buy a new one.
Because time my dear friend is of the essence.
Thank you ❤
Very nice explanation , the emotions are countless,
I have a dream from childhood to travel with my car across ,which I want even though my fianancial condition is not good at that time not a family support also,
But once I become capable then I brought the car started with second hand, Now this is my trird car & I travelled almost every destination that I want by car with my family & the happiness i got which is priceless ,, Timely decision making with our financial condition gives you this ultimate joy,,,
कुछ ही लोक आंखे खोलने वाली video बनाते है। समझदार लोक सही समय पर सही फैसला लेते है। धन्यवाद भाई🎉
This is not a video - this is business and economics University class ❤
Take away
1) invest amount instead of buy car
2) rent car when needed
3) buy second if necessary
4)buy ev car
5)file ITC to save tax if it is for rental,driving,transport goods
6) TCS claim
* rental business of car is a good idea
Bruh EVs can make you even poor lmao 😂
@@kyadekhrahahe-n6n❤❤
@@kyadekhrahahe-n6n in long term they will cost less as maintenance is not very frequent and energy costs are 70% cheaper
@@ayushchaturvedi7098 EVs are for gays. They aren't as practical as Petrol/Diesel cars. Also EV batteries manufacturing makes a lot more pollution than Fuel powered engines. And what about battery replacement after warranty lol
@@kyadekhrahahe-n6n ok
Very Informative Video... Don't buy Car just to show off and if your Salary is Less. buy it only if your salary is High. if ur salary is Less and if u buy a Car then all your Earned money will be Spent in Maintaining your Car and End of the Day you End up without Savings..☝️
Kuch log gareeb ban jate hai lekin maine gaadi kharidkar 2 cr se jyada kamaye or aage bhi kamayenge bas dimag hona chahiye
Kaise bhai?
Daru ganja idhar se udar karte ho kya ? 🤔
Aisa hi hoga kyuki per up down logbog 70k se 80k tak mil jatha hai ,mene lagbog 70 se 80 lakh bana liya tha ,aab mein es paise se ek dukan bhi khul dia ,aur ye sab korna band kor diya@@Guddubhao-t3t
Bhai kaise kamaya mujhe bahi bata do, mai bhi plan kar Raha hu
Bhai ne ghari kharidkar rent mein rakha hai.
Never buy a car which you can't afford..
Never vote for a goverment who loots on the name of taxes it's BJP, Congres, Local goverment or whosoever is..
Well said
this
Second hand thik hai😢
And buy a car that you can afford ok... Isn't that what the majority of people do? So where's the problem?
1. Saving rate. This single KPI can ensure you are on the top of the finances irrespective of how much wealth you have. Starting from 15-20% and taking it to 50-60% (along with common investment instruments)
2. As is mentioned by the gentleman in the interview, indulge youself with the interest and not with the principal (especially in the early part of wealth creation)
For me car gives me my space,it gives me comfort,I am a road trip lover,
…….and I love doing it in my car I own a 2022 Mahindra Thar diesel automatic ,and in less than two year I have clocked 65k kilometers
…….we make memories with our car there are n number of reasons to buy a car but yes,do it when you are financially responsible and independent enough ……don’t do it if you aren’t financially ready,don’t do it to just show off,don’t do it in any peer or societal pressure…..buy it when you are financially more than ready.
I have been more than satisfied and in love with my car and within two years of purchasing my first car,now I’m about to buy second car for myself within few days.
My dad told me when i was kid till now we didnt buy the car we can afford fortuner but didnt buy rather invested in land
I brought wagon R at 2.8lacks(2012model)in 2015 & sold at 2023 at 2.0lacs
This amount used for buying swift 2017 model, brought at 3lacs
I am happy
Is buying a 2017 hyundai i20 active 1.2 sx for 5.5 lakhs okay? Or is it too much
You are one lucky guy, and the buyer must really be high on something good 😂😂
Kafi accha lga dekh ke ....last part jada acche se samaj to nhi aya ke me apne case me kese try kru tax bcane ke liye ...lekin aisii videos kii middle class or lower middle class ko bohot jarurat hai
That's why I'll suggest always buy a 2nd hand car which is around 2-4 years old, this way you're getting a car which is in good condition almost new and the best part is it'll cost you very less as compared to a brand new car. For example if you're gonna buy a brand new honda city it'll cost you around 15 - 16 lakhs but if you buy a 2nd hand honda city which is around 2 - 3 years old you'll get it around 7-8 lakhs and now you can invest the money you saved in FD, PPF, Stocks or buying assets. Remember the people who are actually rich dosen't care what others think about them but the people who are not rich will always think about impressing others and will buy things which they can't afford. I mean it's not like you should always buy a 2nd hand car, you can buy a 1st hand car but only when you're at that level.
2-3 year old car for half its original price? where do you live? in mars?
That's why I have purchased an ALTO LXI 2010 model at RS 90000/-😊😊
Bhai 15 years k baad nhi chlegi wo😂@@arnabkumardey6604
Dear GIGL,
Your impact on my life has been transformative. I embarked on my GIGL journey precisely six years ago, and you've taken me from nothing to something remarkable.
Your straightforward explanations inspired me to delve into the world of audiobooks. Ruby Parikh's voice guided me through those initial moments, and her heartfelt explanations resonated with me. Despite coming from a family and environment with limited financial literacy, I've managed to achieve a yearly salary in just 10 days that once seemed like a distant dream.
I extend my deepest gratitude for your startup, and a big thank you to GIGL.
Sincerely,
What is your occupation bro.
Please Dont Ignore.
Thik se chat
@@youtubeacc666😂😂
Yyyyy
I brought new car and started thinking in same way till my dad hospitalized in rainy season.
I realised that "the importance of car in the family especially with old aged one in family".
Hello GIGL I think that your content is getting repeated
No
Understand that it's Helping Many People from Committing Big Financial Mistakes and Avoid getting in Debt Trap.
Mat dekh Naa fir.. koye force nahi kar Raha hai tujhe
Initial similar content but it's different content
Think again then comment
I belongs to automobile industry since 2009 and even didn’t know that in such depth 😂
Great work Hemant 👍
Jai Hind 🇮🇳
You should leave job then.
If I was your boss then I would had fire you from the job the next moment you commented on the video
@@xseriz it’s ok calm down you shown enough what kind of a person and specially what kind of employee you are if you’re any..
@@AnuragSingh-h5u yes dear I am planning to do so but it can take another one or two years to do so as I will become financially free by then I have to be there with my company and remain the most consistent and top performer as have been so far…
Brother honestly you need to be more aware about industry you work in
Thanks brother, valuable discussion. After bike accident I used to think having own car or hire car. Your discussion made it clear to me.
EXCELLENT...AMAZING...A REAL EYE OPENER...NOBODY HAS EXPLAINED IN DEPTH ON THIS TOPIC TILL TODAY...SHORT OF WORDS TO PRAISE...THANKS INDEED BRO
Corrections:
1. EVs are way costlier than normal IC egnines car in terms of ex showroom price onlyy!! I agree that running cost of them is almost 0.2 rs!!
2. TCS charges are only applicable on cars above 10L rupess!! Swift pe TCS nhi lagta hai
Saving is important but getting right things at right is also important.. you only live once.. Zindagi na milegi dobara..tumhe kaise pata ki tum kitne saal jioge.
Totally agree with the mathematics behind the video but sometimes we just forget that money supposed to make us feel good. For me personally I am working professional with decent enough savings and investments I personally believe owning a car or phone or anything that you like has a intangible benefit that cant be measured in money. Money gives me more happiness when it gets me comfort and convenience. Money in my accounts and investments doesnt make me feel any good anymore.
Absolutely, money in Investments and savings does not makes us happy anymore in current times. Times are not the same as the 90s, where everything was just slow as per the pace of that time. Cent % agree, your answer gave me solace..
Atleast someone gets it... These influencers only gather views by giving a negative perspective to everything... Don't buy a phone don't buy a car don't buy a house don't go on a foreign trip just save invest and then save invest some more... Sometimes self indulgence is necessary to just feel good... The feeling that ur hardwork is giving u an opportunity to own things is more satisfying than just seeing numbers increase in ur account
@@youtubeacc666 and it keeps the economy running.
These influencer are also claiming education nd marriage as an expense, but I will says, if we don't do all this and why to earn and save the money.
We should not dedicate our life to earn and do sip for all savings, only to make MF companies to run.
I think nowadays it's trap to push all the money into MF
True bro.. We work to earn and earn to enjoy. People who own one know the pros.
Cars don't make you poor. Never buy the car which you can't afford. People buy big cars that they can't afford but end up buying it in finance. Same case as iPhone users. Go for the car that suits your requirements & budget. Show show baazi se kuchh nahi hoga
Ek dum badhiya topic pick kiya bhai,, Ek dum true he but RUclipsrs avoiding this topic
Not everyone sees the 'Car' from a financial point of view. For some motorheads, it's an emotion. You will spend a certain chunk of your hard earned money on things that excite you.
Get a motorcycle at 1/4th cost. It will still excite you.
Its more of a hobby, we shud just spend acc 2 our income and not overspend on it...
@@jairajsinghshaktawat6593Tf is this logic??
You a kiddo or something dude??
If someone works hard and day and night for example my cousin..He used to study day and night for JEE and cracked IIT..now he is having a good job and he has 2 cars which are very expensive because he loves cars since his childhood..is it stealing??
You are just being a Dumbhead and thinking your Statement matters anyway
@@jairajsinghshaktawat6593It can also mean that you are poor and didn't work hard and never went to good college and now u r leading a mediocre life
Rajesh Khanna be like "Babu moshai, zindagi badi honi chahiye lambi nahi.. " "Dar ke jeene ka kya fayda, jab Marne ke baad mei hi nahi"
Gari zarurat k liye li jati Hai tb high rate b ho toh lene wale ko andaza hoga kitna kat rha hai uska .still thank you for making this video
Money is never actually yours, its just your time to use it.... Use the money for yourself before your time is over....
If you can afford a car, buy it.... Life is short.... if you dont use it someone else will.... ....
Bhai , I.want to clear the confusion regarding tax structure., the cess is collected in the GST amount not in basic amount, for example
Car basic rate is Rs 5,00,000
GST 28%. Rs. 1,40,000
Cess 17%
(GST 1,40,000*17%) Rs 23,800
Total. Rs 6,63,800
This the tax calculation bhai
The cess calculation u r doing is wrong, the way u calculated is as per income tax where a person had to pay 4% cess on tax amount. But for GST cases like cars. Cess is calculated on car IDV value and not on tax amount. I work in CA firm so I know this.
@@Awarenessspreadkarono, u r wrong.. cess is on gst amount collected.. check online
@@ussvmehar7352 okay bro, I hope u find ur mistake soon any day wen u but car. I bought recently creta, so I know the bill. Also I am an tax consultant in CA Firm. But I think u would be knowing better. All the best man.
Personally I really like you bro jaise Aap hame motivate & Inspire karte hain Zabardast case study laate hain That is Superb... But Aap ka Cute Face Dekhkar Lagta hai Hai Ki Singer AATIF ASLAM HAME MOTIVATE KAR RAHE HAIN 😂 REALLY YAAR .. ALMIGHTY GOD BLESS YOU Your Fan ❤
Car Lena is the dream'of every Indian we can't cmpier it with our financial health
Moral of the Video :- Cycle chalana hi best hai
😂
😂 bilkul sahi.
😂😂😂😂bilkul sahee
Cycle best
Even a cycle has maintenance cost
I bought i10 asta(o) in 2017 at 8.80 lacs ,used it for 6 years and sold it at 5.10lacs in 2023.
Now i owned used Volkswagen passta 2.0 and m very happy with it . And here on i will always buy certified used car as it is cheper and we can change almost in every 2 years.
भाई इंसान हूं, सांस तो लूंगा ही, खाना तो खाऊंगा ही ना!! वैसे ही गाड़ी का भी नॉर्मल मेंटेनेंस करवाना ही पड़ेगा ना😂😂👍👍
Sahi kaha, jindagi me kuch maza bhi toh hona chahiye
Tax rules for car in India is nightmare for both customer and manufacturers. Because of that, luxury is just a dream for middle class. No wonder why automobile companies are leaving India.
Luxury is the difference between middle and upper class.
Automobile companies are leaving India because of poor performance not because of taxes. Despite all the taxes, more than 40 lakhs passenger vehicles were bought in India in 2023. That is almost a 9 percent increase in sales from 2022. The industry is performing perfectly fine. Brands like Ford or Chevrolet left India because of their poor planning and inability to adapt to the market.
@@vanlandings7466 hey,
Numbers are good, but you can also look at this way. 2020-21 people were suffering From corona, 2022 economy was in recovery phase. 2023- economy was in booming phase. Not only cars, but the purchase of everything was increased. And yes, there are other factors involved but major factors are tax. that's why Most of the sold are in less than 4 meter length category. And because of the price sensitive market of India, OEMs are focused on cost cutting. That's why I clearly mentioned the word 'luxury'. Just take the list of top 10 selling cars of India from your 40L cars. And if you dig down to the models, you'll realise that most of the cars sold in the top 10 are not even providing a touch screen display and digital console in their base model. I wonder if they are even providing Air begs in the base model. And you know most of the cars in that list are from Suzuki and they have a very poor safety rating. Most of the Indians buying cars are worth more than their half of annual income. Still they are getting very very basic features. Owning a car, worth of them don't give them true luxury. And in addition to this. In the country of nearly 1.4 billion. 40L (4 Million) is still nothing.
Just to give you perspective of the difference-
A million seconds is 12 days. A billion seconds is 31 years
Thanks for the valuable advice, I changed ny mind and invested in FD.
Now my family go to events on FD, we ride the FD , even we have hired a FD driver also.
Sir sab kuch paisa saving se nahi hota hai sir, swift aur fortuner hone mei aur chalane mei zameen aasmaan ka farak hai...
What else government can do if only 1-2% people are voluntarily paying income tax in a country of 135+cr population. Where else Government find money. Nearly 70% population are not liable to pay income tax but can buy car🤐
Who told you this? 😂😂
Gawaar spotted
When I was a kid, only rich people had cars.
Only 2 people in our building had cars.
Then advertisers sold the dream of owning a car to the middle class.
Today they have made it a "necessity".
This is just a Business motivational video,
Don't take it serious...
Own car ka jo maza hai woh rented car main nahi..
True, if we dont own a car which is becoming more of a necessity thn Luxury nowadays; the purpose of life is just in vain...
@@rohanstormbanks7601you have taken birth to buy a car?
@@V-ob9no YES
@@rohanstormbanks7601 cringe
@@V-ob9noYes???Dude their are different people with different POVs
People who are car enthusiasts like me don't see car as an object for travelling from point A to B..these machines are emotions for us!The feel of driving the feel of revving..everyone can't get that feeling
आपकी आवाज सुनने में बहुत अच्छी लगती है❤❤❤
Cars have never fascinated me, actually whrn you see the process of making it, and the efficiency it gives, it becomes very repulsive. Rather book a cab, it actually cost way less..
For cess, it is state compensation cess... with gst introduced, It was supposed to be only applicable for 5 years but kept extended by govt and common man did not complaint
Very informative video. Not just highlighting the problems but also giving multiple solutions for the problem.
Sidhi baat hai bhai jo paisa kamata h ..itna details me jayega hi nahi ...but respect yr explanation 👌🥰
Thank you 🙏🏻 Hemant (& GIGL Team) 🔥👌🏻 for Saving me 6.5 Lakhs 💰 and Giving Right Advice 🤔 to Invest in Stocks instead of Buying a Car.
Thank you for Bring Eye 👀 Opening Content like this!
Folks, Please Like 👍🏻 this Video & Comment, if you think the Same.
😂😂 chut** ek din mar jaega fir save krta rehna 😂😂..Jitni pocket allow krti h vo to car buy krni chahiye...Emergency me taxi / ambulance ka wait krte waqt late hote hote he mar jaoge..Aur kisi relative ke paas emergency me jana ho to taxi / bus ka wait kroge ? 😂
Stocks lol
When you feel hot in your home don't buy AC. Invest that amount in stocks. it will make you feel cooler.
😆@@shashank318akg
The video is misleading. Car is a necessity. It is used for commuting to work place. That means it is used for earning money. So buy car immediately even on loan.
Now a days buying a car is not a luxury....it is necessity..... however.... budget should be within our limit
Your information is half correct. You also have to consider the value of rupee after 5 years. Also, time is money, nobody is going to give you loan at lesser interest. If you buy time to repay, you have to pay interest. Also, owning a car gives you flexibility to travel. Fuel, Insurance you anyway have to pay, it wouldn't run for free. Salary would also increase every year for next 5 years...
Long story short: fix your budget and buy car accordingly. Enjoy life with a balanced approach than dying rich...
10:35 I bought Tata Motors share at just 70 during COVID. Now it its above 600. Unfortunately I did not have money at that time & I could buy only 100 shares of TATMOT.
cess is tax on tax so in this case it is on gst amount not on basic amount the only problem i have is why we have 15 years policy ??? jab engine wear and tear hi nahi hua toh kyun change karey???????
Car is a family requirement and also a boon in medical family midnight emergencies, go for it by hook or crook❤
Traffic in India 📈📈
@@Anoymous464small towns and villages don't have traffic in midnight tou idiot.. majority of indians are not living in big cities.
Maturity is when you realise:- "Car is a liability not an investment"
maturity is when you realise car is necessity and not liability
@@raghavjha2028 no offence but car is a luxury not a necessity
My friend!!!!
No offence but a wife is a bigger liability. A car is still a better investment.
Well i disagree on not buying a car concept
Having a car can actually motivate you to do better and enjoy in the process
But you need to scarifice on other things
1. When buying a car.. use the 2X formula.. buy once if you can afford the car twice.. so i.e find what is the maximum car you can buy in the market.. calculate the on-road price then divide by 2 .. the value that comes it what you need to spend on buying a car(many people go for a car that the bank can finance thinking with future salary they can pay afterwards.. do the present calculation not future calcualtion
2. Don't buy apple products until you are a crorepati(oneplus provides enough performance)
3. Try to do courses to increase your skills and salary
4. When you get a hike of 50% .. don't hike your spending by 50%.. instead 20% hike in spending is more then enough
5. Invest the additional money in savings(or invest in index funds if not good at stocks)
6. Only buy a car when you can save atleast 20% of your salary after car emi and fuel cost..
7. Second hand cars can be a dangerous investment as you don't know the previous owner has done to the car.. also aim for a safe car too.. as life is more important then money invested in unsafe cars to save money. Also if you want a second hand car.. don't go for anything older then 2 years or so.. in highways a tyre brust or braking failure can take your life or can cause serious injuries to you and your family for saving money. Features like ABS or elecrtronic stability or ADAS can actually save yours and yours family lives.
@@Just_randomhumancar is necessary in Kerala. I used to think that a car was a liability. So I didn't own any car. I always have a dream to start a business, but without a car it's not possible in Kerala, because of the rains. I realised this I met my friend after some years, he now owns a car, he became a freelance photographer, he can go to any place with his camera in any weather conditions. He is eating 50k to 1 lakh per month.
If you just want a 15k to 30k job, and are happy with it, then you can live without a four wheeler.
in short
SWIFT :-
Ex SHowroom :- 7 lakh
EMI 5 years interest :- 1.37 Lakh
PETROL 5 years :- 4.1 lakh
Maintenance 5 years :- 27 Thousand
TOtal :- Aprox 13 Lakh
Aise to agar PETROL aur MAINTENANCE ka 15 years Cost dekha jaye ___Swift Cost is actulay 22 lakh ____EK vedio ispe Bhi bana do bhai
Agar PLOT Karidnay jaogay to kya usme Ghar , Bijli , pani , Furniture ka bhi Cost Jodogay kya
Sir car prices are also increasing, swift bhi next 3-years mei 10lakh pe bhi nahi milega... Tata nexon 5years pehle jab launch hua tha toh top model 12lakhs tha aaj 24lakhs hai
The most important and valuable for the gen z I would say. Great Financial Knowledge sir!
True. Onpoint! Very good video with facts.
Cess is calculated upon total tax, not on actual rate. So, 28% gst + 22% cess is not equal to 50 % tax ...
I thought the same... 50% tax is just bonkers... I think it was intentionally put there to increase the perceived seriousness
Wow... Such an amazing video brother. So informative for general people. Keep up the good work brother 🙏
AajTak sirf apka awaaz suna ta, Aaj pehli baar apne apna chehra dekhai , boboot acha laga 😊
"Car makes you poor if u won't give it for rent " - 😊
Mere yaha toh car Wale abhi bhi Ameer hi hai
Love this content... I'm saving this video for future plan
Bhai sab baatein sahi hain tumhari but zindagi bhi ek hi hoti hain. One needs to balance out everything in life.
i see people with a meagre monthly earning of 30 to 40k and driving car worth 10 lakh. indeed credit goes to easy finance and just yesterday rbi have taken strong cognizance of how easy financing is pulling our economy towards a loan based economy from saving based. the cost to ownership of a 10 lakh worth car is somewhat around 12 to 15 k a month how are people even managing this with a monthly earning of 30 to40 k and in some cases this earning is also not fixed.
IPhone is also not necessary but we buy - Bhaukaal machana hai to Lena Padega 😎😅
Check all points if u can agree with all these points buy a car .
1) if u have the backup money to buy a car in cash x 2 .
2) if a motorcycle doesn't meet your requirements
3) if u don't have any other car in the family
4) if u are financially preety stable to pay emi
5) u can afford to pay approx 40 to 60 percent of the down payment
6)car's is value for money and not talking it only for show off
7) if a lower price segment can meet your requirements
Thanks GIGL for giving awareness on investing money instead of depriciating hard earn money.😊😊😊
You cannot see everything in profit loss excel buddy, sometimes love for a car is more then you can imagine,
Earn money and enjoy life , spend where ever your heart wish,
I always encourage people to buy car if they could afford .
People may have different though , I respect everyones thoughts.
Live life King size 😊
Most people buy things which they can't afford... Even they stop caring about their family just to fulfill their useless desire. This video is very important and helpfull... It gives an alarm to a person who's just about to waste his money on something which he can't afford.
I think cars are dreams for some people but we must keep in mind that if we r buying car of 5 lakh rupees then we have to be eligible to spend 3× to the vehicle
Your Thumbnail Is Always OP 😂😂
GST wrong decision taken by godi 😡 very hard to live for middle class families
Arre modi hai godi nhi😂🤣
@@manavsaini9284 panouti h
@@SandeepAMehra chalo koi to hai iss Desh mein jiski aankhein khuli💯🔥
@@manavsaini9284 bhai me padha likha accha khasa samajdar hu andhbhakt nhi hu
@@SandeepAMehraryttt😅
Wow amazing video, just a quick question, what will you suggest if a person spends 30k to 35k a month on auto, cab and metro combined, should he go for a car???