Link to the excel sheet: docs.google.com/spreadsheets/d/1xK4raQcIEqlcY6xQbgAb8C1yR7vMz1J6/edit?usp=sharing&ouid=111874653902127050916&rtpof=true&sd=true
Superb explanation. Most of the people out there are concerned about what other people think of them, and in the process they ignore things which are actually important. When we look at an extremely expensive car, the first thing which comes to our mind is that, " Oh! If I buy this car, people will think that I am so cool and smart". When the fact of the matter is that, we ourselves are not thinking the same about the person who is driving that expensive car. Cars are just meant to carry us from one place to another. Beyond a certain level of comfort, no other luxury matters. Same holds true for houses as well.
moving to Qatar soon with family. I planned pretty similar. Get a rental (depending on days) car till my salary. Get a Yaris or Raize QAR 55K. Pay 20% ish down payment. 4 Years time was new to me (thank you for that).
Hi Wali bhai What if we include annual depreciation too in this? For ex Landcrusiers depreciate lesser in UAE - moreover if we buy a used Land Cruiser it will depreciate lesser compared to newer one.
Wali bhai, this rule is great. Please encorporate Halal/Haram aspect applicablility as I am a Muslim and is bound by my faith not to go for interest based contracts.
At the end of the year, 2021 state Bank of Pakistan applied a limit of Rs. 3 million on any type of car financing. I don't think you can avail more than that.
In the case of Yaris, interest is being calculated on a net amount that is 36,000, however there's a little mistake while calculating EMI, should have added 36,000 to the total interest.
السلام علیکم بھائی جان میرا ایک چھوٹا سا یوٹیوب چینل ہےجس کا نام ہے جستجو کا سفرہےآپ کا نمبر مل سکتا ہے میں آپ سے ملنا چاہتا ہوں اور آپ کا انٹرویو کرنا چاہتا ہوں اپنے یوٹیوب چینل جستجو کا سفر پر میرا نام علی اکرام ہے
![⭐️( ลอยกระทง 2024 ) Ver. แดนซ์ Remix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/rMWOLhgXUHc/mqdefault.jpg)
Link to the excel sheet: docs.google.com/spreadsheets/d/1xK4raQcIEqlcY6xQbgAb8C1yR7vMz1J6/edit?usp=sharing&ouid=111874653902127050916&rtpof=true&sd=true
Superb explanation. Most of the people out there are concerned about what other people think of them, and in the process they ignore things which are actually important. When we look at an extremely expensive car, the first thing which comes to our mind is that, " Oh! If I buy this car, people will think that I am so cool and smart". When the fact of the matter is that, we ourselves are not thinking the same about the person who is driving that expensive car. Cars are just meant to carry us from one place to another. Beyond a certain level of comfort, no other luxury matters. Same holds true for houses as well.
moving to Qatar soon with family. I planned pretty similar. Get a rental (depending on days) car till my salary. Get a Yaris or Raize QAR 55K. Pay 20% ish down payment. 4 Years time was new to me (thank you for that).
Hi Wali bhai
What if we include annual depreciation too in this? For ex Landcrusiers depreciate lesser in UAE - moreover if we buy a used Land Cruiser it will depreciate lesser compared to newer one.
Best formula.... really.... 👍🏻👍🏻
Thanks for sharing 20/4/10 rule
Sir what is car interest rate in Dubai these days in 2023?
excellent discription. 20/4/10 rule.
i want to know if i can buy new car on cash, do i need to buy on installment, rest money to invest ???
if you buy on cash and still left with money then definitely invest the remaining if the emergency fund is sorted.
Interesting video. Thank you so much.
It would be great if you could make a similar video on buying/financing a house.
Will do so soon :)
@@WaliKhan_2k Thank you for the consideration.
Excellent video
Nice info. Is it applicable for Pre Owned cars as well? or it has a different percentage?
I never suggest to buy pre owned cars on bank loan. They will cost you more because of high mark up rates.
@@WaliKhan_2k Thanks for the great advice
Wali bhai, this rule is great. Please encorporate Halal/Haram aspect applicablility as I am a Muslim and is bound by my faith not to go for interest based contracts.
You can try sharia based loans - but I feel the impact they make in terms of repayment is the same as any conventional bank.
At the end of the year, 2021 state Bank of Pakistan applied a limit of Rs. 3 million on any type of car financing. I don't think you can avail more than that.
Still may other factors are valid - like EMI etc.
Sir car buying with less markup in pakistan?
sir fiscal year ended recently can you share how your mutual funds performed and share your analysis on future investments in mutual funds?
Will do so soon.
Wali bai. Great informative content as always. I think there is a mistake in calculating the EMI. You're also including the advance amount.
No, I have deducted the amount which is already paid as advance.
In the case of Yaris, interest is being calculated on a net amount that is 36,000, however there's a little mistake while calculating EMI, should have added 36,000 to the total interest.
Dear bro if you committed in video then where is the excel link?
I’m sorry about that - will update in 10 mins.
Very info video ❤️👍
thanks for your support.
mery bhai bohat lambi karahy ho unnesesary zayada karahy ho but ham phir bhe bardast karlerahy hen shayad aap karachi se blong karty ho❤❤❤
Best 👌 👍
Nice
Please keep video short in length plz don't take other way
❤❤
Information is useful
But make it short thanks
☺️❤️
🔥🔥🔥
السلام علیکم بھائی جان میرا ایک چھوٹا سا یوٹیوب چینل ہےجس کا نام ہے جستجو کا سفرہےآپ کا نمبر مل سکتا ہے میں آپ سے ملنا چاہتا ہوں اور آپ کا انٹرویو کرنا چاہتا ہوں اپنے یوٹیوب چینل جستجو کا سفر پر میرا نام علی اکرام ہے
please email me.