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CAB OR CAR? Find Out if you should Buy a CAR or NOT

Buying a Car v/s Using a Cab

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Page 1: Buying a Car v/s Using a Cab

CAB

OR

CAR?

Find Out if you should Buy a CAR or NOT

Page 2: Buying a Car v/s Using a Cab

Cost of New Car Ownership in India

Purchase cost5,00,0

00

Illustration with Swift Lxi (Petrol)

Down payment 1,40,0

00EMI at 11% interest,

5 years loan

4,70,000

Fuel @ Rs.70 /ltr

Lifetime: 70,000 kms

4,90,000

Insurance (Individual claim)

Maintenance cost

60,000

70,000

TOTAL COST

-1,50,0

00

Monthly Cost

Lifetime Cost

5 years

7,800

1,200

8,200

1,000

Sale of car in second hand market 10,80,

00018,2

00

Rs. 15 per km is the cost of owning a car!!!

Page 3: Buying a Car v/s Using a Cab

STATUS

RELIABLE

COMFORT

Owning a car is costlier on a per km basis, than taking a cab, but I prefer it becos…

WHY DO SO MANY PEOPLE BUY A CAR? Even though its costlier than taking a cab.

• If cabs/autos/ public transportation is not easily available

• If you will use a car for more than 50 kms a day

Page 4: Buying a Car v/s Using a Cab

Do you commute regularly?

Can you drive?

Can you afford EMIs regularly?

Pay for car monthly running costs?

BUY A NEW DREAM CAR!

Can your family member(s) drive?

Driving lessonsanybody?

TAKE A CAB, MAN!

UNTIL

THEN

Yes

No

Still Dreaming of a Car ? Watch out for the twist and turns…

START

Page 5: Buying a Car v/s Using a Cab

HAPPY RIDING