I belong to a middle class family. We bought a car a year ago. We are capable of buying a compact SUV or a top variant of a premium hatchback on loan. But we decided not to take loan on a depreciating asset. Considering we are a small family and getting all the functional features, we bought a mid variant of a small car by paying full amount on cash. We are very happy with our decision and now we can spend the rest of the money on fuel and maintenance of the car by avoiding the car loan.
Wouldn't it have been smarter to take the loan for the mid variant car as well and then not put all your cash in a depreciating asset? Like, you could have put the money in a MF or some other investment option that can give you returns. Wouldn't that have helped with the EMIs as well?
Bhai hum lk 7 8 saal se do scooty use krr rahe hh.. Cars hamare paas vi nhi hh.. but we need a genuine requirement of car.. Scooty se 20 20 km ana janaa tough and risky ho raah
Here in France there is a rule that you can't borrow more than 33% of your salary, it was done to protect consumers. Issi waja se yahan pe no flashy cars and people dont go too much in debt.
@@vraj9211But people are retarted in sense they are not able to do it , hence government control it from them. There should some very definite rules to give some leavey for very important expenditure.
Back in 2019 when we decided to purchase a 4-Wheller, we had enough budget to buy a sedan but we prefer not to take loan instead bought small hatchback Santro that never Disappoints us❤
Agree on benefits of 2nd hand car. However, one more point to consider is ever since the companies have entered this unorganized 2nd hand market, the prices of 2nd hand cars have substantially gone up. I had been looking at these websites to find a decent 2nd hand car however, I have found the difference in 2nd hand car vs 1st hand car isn't what used to be a few years ago. These companies have started taking huge profit margin as brokers.
same i was getting second-hand car in good condition for around 7,8 lakhs so thought why not to spend 2,3 more and get a new one .. at least peace of mind to Rhega and new cheez ki feel hi alag hoti
Very true video by Aditya saini. This is reality in today's world. I have seen many SUVs in my area. Mostly People bought because of Social Status (Instagram), when actually they don't need it. People who are middle class and working in corporate offices want to show the world that they are rich and wealthy,in reality they are not.
My age is 39 and buying a used car is always what i preffered since i am driving and from past 15 years i am opting only second hand cars... ur video made feeling proud on my choices and decisions which i took thanks.... my current car is altis 2010 model petrol and my next car is audi a4 2013.diesel.....
It's Better to buy a used car..u buy a brand new car for 10 lakhs n sell it tomorrow.. people will give price 8 lakhs.. it's better to buy 1-2 yrs old car at half price
In my opinion, instead of so called premium feature (electronic seat adjustments, premium sound system, sunroof etc) car manufacturer should focus on providing features like ADAS and 6 Airbags even in base varients
Thank you for guiding us❤.. in this world where all my cousins own a car I get desperate and think of buying a compact SUV at the end of the day. This video opened my eyes thank you so much
You should feel happy for your cousins . Don't get desperate . Live within your means and enjoy the things you can afford . You will find peace in life .
Aditya, don’t be discourage becoz your video do not have more likes than any other TH-camr. Your content is far better than other TH-camr. Your content will speak about your future. Keep it up👍🏻
Bahut achhe subject par vedio banai bhai.. I'm financially very stable upper middle class person with income of 20+ lakhs per annum But I drive 2010 Non AC sentro Xing Car & I'm happy with it. Car is for my necessity not for my luxury.
my parents bought car after after the age of 50, my brother and i both are having jobs . So I can say that buy the car when it is a need not when it is a want.
I watched full video with a cycle..😂 even I don't have bike, so four wheeler is out of dream..😅. I use train and bus for travelling and I am happy with it 😊
Exactly 200% true Car is liabilities (depreciation product). I purchased Alcazar 6-month ago on full cash Then behind my neighbour purchase Suv 500 last month on bank loan .🤭🤭
wow Alcazar on full cash.. even i had more then full cash when i bought skoda slavia.. but i did downpayment of around 5 lakhs(actually 4.5) 50 k was after buying car on associries.. and now i think i should have gone for full loan as i took money from my stock porfolio.. and the shares i sold are up by upto 70% now.. the total interest i pay on car loan per year is less then the money i lost in deinvesting 5 lakhs.. 2024 would be a blockbuster for stock market if modi wins again and stocks can go up by 50%..
@@shobhitsaini86 yar Modi Govt. Toh win hai. Stocks ka dip. June last. Week. Mein dekha jaayega. So it's.perfect time to buy, Railway, infra, banking. Shares. After July. Budged yehi. Share good performed karengey. Suzlon, Salasar, cg, power, adani ke shares pe accha paisa. Kamaya. Ke car ke alawa, ek chota ghar bhi free hogaya.
@@adnanhussain9276 well for market uptrend and downtrend we have to watch.. for that for Sensex candle stick pattern and market analysis is required.. but sometimes even if market goes down then some shares can go up.. so also have to see patterns for upward trends.. also for all stocks bought just see daily or weekly news for them so if some tragedy happens you can sell share on time. Rest if fundamentals are strong the stock should go up every year.
His last words, in the video really touched me inside "EMOTIONS"... & I was also planning to buy a new compact Suv literally😂😂 and these things I too observed the same...🔥🔥🔥Good work brother, keep it up,❤ LOVE FROM NAGPUR
thing is that it won't stop you still in getting a car.. my advice is make a stock portfolio or something.. and make a goal the day i will have 10 lakhs in my stock portfolio i will book a car i want to buy.. then go for it.. otherwise everyday you will see others driving the car and you will say to yourself i stopped because it's bad investment.. but i should go for it as i can enjoy it being young and would book it.. but if you make a goal then you will say.. i have stopped till i fix my finances first.. and then give myself a car as gift.. also a stock portfiolio returns are like 25% per annuam or more depending on experience .. so if you get a loan to buy a car you won't feel bad at all..
Yes bro, I will buy no doubt, but firstly freshers dont invest directly in stocks, we should have deep analysis of market. For normal man its not an easy thing in investing stock market, as per current condition, my suggestion to all is, start investing in mutual funds, start analysing things in stock market 📈 and buying a car is not hard but as per said in the video if we have 20 25 lacs in accnt we have saved and we r investing 8 to 9 lacs in suvs its a good thing.. But we hv 7 lacs in accnt and we have family besides there is no use for a common man. It would be better option investing a money and time in on ourselves and have savings in a pocket neither being a show off for a SUV. As per the current condition going on in politics working, gaining knowledge and developing ourselves is important... And following proper youtubers is very important.
@@atheistbro12591 welll investing in stock market is like learning to drive a car.. you are saying .. you are not ready to ride a car.. so you would see videos.. read riding lessons .. will read about articles on how to drive a car.. without even trying to drive it.. well to get into the stock market is same.. in order to learn driving you sit with some driver and try to drive yourself.. then only you will learn to drive.. otherwise even if you invest later in market with big money.. you will make big losses and quit the market.. trick is to invest when you have less money.. a friend of mine came from usa and he collected Rs 50 lakhs to invest in stock market.. i tried guiding him but he was so confident about his learning that he invested the money.. now after 2 years his money is reduced to around Rs 20 lakhs and he has quit the market.. so start with low income so you can make good money in stock market.. not when you have enough money to lose in the market..
@@atheistbro12591 well i think my comment got deleted .. and why not truth hurts.. well what is said in this video is a safe path.. no one learns stock market without making a loss.. so whatever you learn.. whateven experience you have got.. in market when the bad times comes.. emotions control the people and they make losses.. you should have goals in your life.. and goal for everything.. yearly.. monthly.. quaterly.. and stocks work on goals only.. there is a profit target and loss target.. so if stock is not working according to you .. sell off.. stock has made target profit.. sell off too .. but seeing the chart.. otherwise it can go more up.. how to know that experience in investing.. and why this not work is people just invest in 3-4 stocks at a time.. so if 1 stock fails selling it will be huge loss.. but if someone invests in 20 companies with good future then 2-3 can fail and losses are not huge.. and as a fresher don't invest in apple produts till say next 5 years.. many freshers keep telling me i have no money to invest in market and family issues.. and own an iphone pro max,ipad pro and macbook.. even regular iphone is expensive..
This has been insightful and being a middle class born and bred boy my advice is for the middle - Never ever never buy a 1st hand car, always choose safety e.g. 4 to 6 airbags over style when you do buy and always always buy the car with 0 loan since the interest increases the cost buy with 100 percent down payment. Until you can buy a car use uber if it is urgent or else public transport. Since for Indians where job market is going down and hire & fire policy is raging supreme once more , car has become a luxury item.
We had an option of buying a car or home. My little brother wanted a car but my father bought a flat instead. One year later the price increased by 6 lakhs. Earlier I thought it was a bad decision because my 12th just ended and needed fees for college, but everything seems worth now. We could have built a home on our land but currently there's just 2-3 house and few farmhouse nearby
I liked the way you've discussed this topic because today's youth are more concern about their status more than the investing in the assets.... But we have to accept one more thing that If today we have a good power to purchase anything, it is better to use it wisely...
Majority of Indians will always live a false life! Very good video! Your efforts and explanation are commendable! Good work bro! Lots of luck and blessings to you!
Well that's also becoz of Covid19 people wanted private vehicles and state transport was a nightmare also car loan interest rate went down to about 7% so everyone started buying cars
@@aktionreinhard8913 that's a shitty advice . Ever consider about his financial condition . Whether he has family responsibilities or not . Just because you have one life doesn't mean you will live carelessly .
Brother if you have established yourself and you are in a stable financial condition then go for it, this video caters to those who are buying a car despite having a low income, there is nothing wrong in buying a car on loan if u are able to repay it back on time. If you can properly utilize the car and more or less use it for daily commute then there is no problem
good effort and good intentions, however there were some flaws in content research: 1. The average person is buying a more expensive car in 2022 vs 2021 is also due to increase in production cost and as Govt. safety norms have become more strict now hence more safety features hence higher starting price. 2. demand for compact SUVs not related to Covid (
bro most of the businessman buys cars at loan only . It has 2 advantages - 1) to increase their cibil score so i feature they can get huge loan for business purpose at low interests 2) they have enough money to buy car in full cash but they finance the cars so intially they make dp of 15 percent on interest rate to 7-8 depending on their civil and rest 85 percent they invest to achive minimum 20 percent interest per yr due to their skills , hence in a period of 5-6 yr their luxury cars even gets free for them , but middle class don't understand this
Today: How do cars make you poor? Next: How do houses make you poor? After: How do marriages make you poor? Later: How does everything make you poor? People need to understand that everything cannot be seen as an asset or liability and people who make this video have their own house/car, are happily married and settled then why are these people in the horde to influence others?
Salute to tujhe karna chaiye to itna khush ho raha h ye chutiyapa karke. Life me khud kuch na kiya ho par dusro ki gaand me ungli deni nahi chodi tune.
Jan bujh k kiya hai , taki log uski galti nikale aur comments kare aur majak udae , aur usse free mei jyada comments se engagement mil jaye, jyada engagement matlab jyada impression, jyada impressions matlab jyada views, jyada views matlab jyada income 💲💲💲
Sunroof Kam ki cheez isliye nhi hai kuki isce roof kamzor ho jati hai aur agr koi accident hota hai jisme car k upr kuch gire toh damage aur marne k chance zda hota hai
I am a Central Government Officer with a salary of 2 lakh per month. Inspite of this, I preferred to bought Baleno as it fulfills all my basic needs & requirements with a low maintenance & service cost, better mileage & best resale value. Middle class people shouldn't go for "Show-off", its a trap.
Central goverment with 2lacpm, kisko chutia bna rha hai, mai khud bank mein hu and I earn 1.14LPA and bank pays the highest salary in Central/PSU jobs, so shut up
But Cars are pure emotion. A lifestyle representing thing. Even when you buy a home worth 10 crores ; no one will be having the time to actually come and see your house. But an automobile is a completely different thing which goes with you wherever you go.
In our city 2,3 floored houses costs around 1 -1.5 cr .if one can buy a house worth .1.2 cr Ave, and it's 3 floored with a shop I front it can generate 60 k rent per month , means 7 lak per year and the value of thr property will also increase and rent generating from it being extra one can easily buy a car after some years even after completing the loan. As most middle class people can buy such houses only after saving hard earned money for several years or if they gave enough ancestral properties. And those who buy car for luxurious lifestyle are already much above the middle class range
@@ABCD-verse Merely buying property, construction is also not that simple these days. Regular maintenance headaches are also a lot. Quality of construction materials is also not what it used to be decades ago.
I recently purchased a second hand cng wagon r and I am literally happy with my decision. Everyone tried to criticize me a lot and made fun of me. on the opposite side they purchased a highly maintenance car and now they are looking so stressed due to fuel and maintenance. The moral of the story is don't make decision under society influence.
I agree! We had gone to buy a car for 8-9 lacs (i20) without any loan but the salesman told us our credit is so good & we should take Little bit of extra loan & go with venue & finally they convinced us to buy verna
I don't know if i am wrong but i think if i am capable to show-off myself I'll do it very often i mean i am earning 1.5 lakh per month that why i bought a car skoda slavia and i am Fully capable to pay emis, and second there is no value of money if i am not going to use that to ease my life...😅
Another aspect of: the cost of car is getting increased day by day.. xuv700 is now 2-4 lacs costilier… also second hand car has got less resale value as well as extra money on maintenance.. ok you save on insurance..
Bhai hum car ke baare me soch rahe thee par scene kya hai ki mumbai ka traffic bakwaas hai isliye hamare paas 2 scooty hai uspe hum 4 aaram se kahi bhi jaTe hai almost 50-70 km bhi jaate hai isliye car ki zarurat nahi hai filhaal toh thanks for this video✌🏻
Old cars lene ke disadvantages aapne nahi bataye.. of course its better option for some people but not all 1. constant electronic issues 2. car insurance 3. reliability 4. maintenance I'm owner of second hand verna fluidic 2013 and just bought honda amaze.. still owning verna but my parents are using it for short travells
second hand cars are not safe too.. they don't have ESB or traction control or differential locks.. overspeed warning or speed sensing door lock(important if you forgot to lock and have small child).. or child lock.. some cars also have adas level 2 that can brake if you fall asleep.. so 2nd hand cars are risky for long distance trips and can cause accidents.. also you need to change tyres as they can be old too.. and people hack the meter so they reduce half of the KMs driver by cars .. and even mechincs can't catch them.. if done properly..
Sahi bol rha h bhai sunday ko ghumte h baki gaddi khaddi rhti hai😢 But 2nd hand cash me liya to financial dikkat ni hua yahi agar new gaddi loan pe liya hota to L lag jaate😅
When I was 20 I bought a car worth 10 lakhs, 7.5 ka down payment kiya aur 2.5 ka loan liya, loan lene ka reason tha credit score kam age se hi maintain krke rkhna aur vo successfully ho bhi rha hai, but haa jab paise na ho tab loan lena depreciating asset pe mujhe bhi galat hi lgta hai.
Here are few things that need to be checked. 1. New car loan is 8% not 10% . Second hand car loan is 14% not 12%. 2. New cars come with lot better active and passive safety features. 3. Given condition of Indian public transport in most of metros and non metros cars provide much safe and time saving options. 4. You can still car pool with your friends and office colleagues to save running cost. 5. In worst case scenario you can still sell of the cars easily, yes you would have lose but in return you would have lots of memories.
well new car loan is 8% if your cibil score is perfect.. if you have credit card debt or a home loan or personal loan they increase the interest rate from 10-12% too.. i got for 9.6% because i have a home loan and my company has less then 10000 employees.. and second hand car loan can go upto 16% on poor cibil score(credit card debt)
@@ApradhTube well if you don't work in tier 1 companies then interest get increased by 1% and cibil should be around 850 or more for getting extra 1% less
@@shobhitsaini86 It also depends on upon your monthly income and amount of loan out of it. If the retail price of the car is less than your annual income, you are charged less interest. Also you have to negotiate during financial. I got mine at 8.5% with 30% loan. The sole reason to get on emi was to divide expenses, paying nominal interest.
@@chinmaysawant9275 well i got 0.5% more interest because i had citibank credit card .. that should have been closed like 3 years ago.. only Rs 100 was left but they started giving bills.. and left india so they have just one branch in ncr.. now i contacted call center and they say.. that i should get a checkbook... go to their branch in ncr and deposit checque with exact amount then it will be closed.. as my credit card number is expired from their db.. i didn't take the new credit card so i can't pay on that number.. now amount is Rs 1350 in so many months.. i went to their branch with cheque but that day was restricted holiday and the person responsible was not present,., my Rs 400 petrol and 3 hours time got wasted..
it's true i m from jaipur and since past 2-3 yrs i have started noticing bmw/audi/mercedes very ifteb and even luxury cars on roads sm times which wasn't the case at all before
0:04 sec , emi , register, tax pura paisa dene se bhi app car ka malik nahi baan sakte , kiyuki 10 - 15 year k baad bhi appke car govt. ka under h app chala nahi saktey road pe , scrap kar detey h govt . chahe kitna bhi accha condition ho car ki..
I watched a video somewhere and that guy said that if you want to buy a car buy it. But he also said this "only buy a car if you have the money to buy the same car twice".
Taking a car loan is better than paying it upfront in cash if you're investing the money elsewhere and getting more average yearly returns than the bank interest.
Ryt maine bhiniss month car lene ki soch rha gha pr rate sun kr aur emi ke bare main soch kr maine socha ki waut kr leta hu 2 saal aur cash pr hi lena sahi rahe gaa kam se kam emi ki tns toh nhi ho gyii isliye main 2 saal aur wait kr rha hu Logo ko bhi yeh advice dena chachta hu ki emi pr car na lee second hand lelo aise bhi 2 saal bad car chance krne ka mann kre gaa toh emi ke chakkar main mt fasna bhut interest dena padta haii.
Salaried class should keep this in mind that, business owners also get benefit of claiming depreciation and car loan interest cost as business expense.
i have 2 honda city cars 2017-2018 models , my first car is loan Free now and the second one i purchased on 100% cash ... Tension free hai apni life ab
![BOWKYLION - วิงวอน (ex-change) [Official MV]](http://i.ytimg.com/vi/cLdnZWDaO-w/mqdefault.jpg)
I belong to a middle class family. We bought a car a year ago. We are capable of buying a compact SUV or a top variant of a premium hatchback on loan. But we decided not to take loan on a depreciating asset. Considering we are a small family and getting all the functional features, we bought a mid variant of a small car by paying full amount on cash. We are very happy with our decision and now we can spend the rest of the money on fuel and maintenance of the car by avoiding the car loan.
Konsi car li he
Smart
Good decision man
Wouldn't it have been smarter to take the loan for the mid variant car as well and then not put all your cash in a depreciating asset? Like, you could have put the money in a MF or some other investment option that can give you returns. Wouldn't that have helped with the EMIs as well?
Car buy karli or middle class bol rha h😂
Jethalal understood this years ago & still uses autorickshaw.
That's real rich mindset. True wealth is quiet. Fake wealth is loud & flashy.
We respect jethalal ideology
Bhai hum lk 7 8 saal se do scooty use krr rahe hh.. Cars hamare paas vi nhi hh.. but we need a genuine requirement of car.. Scooty se 20 20 km ana janaa tough and risky ho raah
@@surjanarayangorai8241 Do you live in a congested city like Mumbai or Bangalore?
@@Global_MAXIE nope.. west bengal.. village area
@@Global_MAXIE nope.. west bengal.. village area
Car is a short term satisfaction, It is very strong statement to realise.
@@-WhoAMI..So you're going to use that car for 10-20 years?? Damn...
hell naw brother if u dont like cars that does not means other will dislike it too
No.wrong. car is a very utility product.
Car is the biggest liability. Its never an asset.@@soloflick6579
@@soloflick6579true if it used for tourists for hire😂
Here in France there is a rule that you can't borrow more than 33% of your salary, it was done to protect consumers. Issi waja se yahan pe no flashy cars and people dont go too much in debt.
But it's kind of an authority, the peope should decide their financial planning
@@vraj9211But people are retarted in sense they are not able to do it , hence government control it from them.
There should some very definite rules to give some leavey for very important expenditure.
@@yuvrajsingh099 yes that's true.
i m french, what u r saying i m first time hearing.. u from bihar or france?
@@msdadsfsx
Do people of France eat Cow Meat ?
Back in 2019 when we decided to purchase a 4-Wheller, we had enough budget to buy a sedan but we prefer not to take loan instead bought small hatchback Santro that never Disappoints us❤
@@ishannkumar6271 mere pass bhi Santro car hai, bhut acchi car hai daily ke liye best hai
Agree on benefits of 2nd hand car. However, one more point to consider is ever since the companies have entered this unorganized 2nd hand market, the prices of 2nd hand cars have substantially gone up. I had been looking at these websites to find a decent 2nd hand car however, I have found the difference in 2nd hand car vs 1st hand car isn't what used to be a few years ago. These companies have started taking huge profit margin as brokers.
True
same i was getting second-hand car in good condition for around 7,8 lakhs so thought why not to spend 2,3 more and get a new one .. at least peace of mind to Rhega and new cheez ki feel hi alag hoti
अपुन के पास घर नही पर महँगी गाड़ी है किश्त पे
अपुन के पास घर नही पर महँगी गाड़ी है किश्त पे
Always buy from someone you know or individual.
Very true video by Aditya saini. This is reality in today's world. I have seen many SUVs in my area. Mostly People bought because of Social Status (Instagram), when actually they don't need it. People who are middle class and working in corporate offices want to show the world that they are rich and wealthy,in reality they are not.
Exactly bro corporate wale sirf insta ke dikhawe ke liye krte hain reality mein they are not rich
True words Zunaid Bhai. Logo ko showoff karna hai
I called this chapri trend 😂😂😂
And you being one among them 😂😅
Unki lone me tera baap ka jindindgi bhar ki sallery
@@lifeofmukund9770 and your mother too
I also
My age is 39 and buying a used car is always what i preffered since i am driving and from past 15 years i am opting only second hand cars... ur video made feeling proud on my choices and decisions which i took thanks.... my current car is altis 2010 model petrol and my next car is audi a4 2013.diesel.....
You are thinking of buying a 10 years old german car?? Think again bro
German cars are still better and always look different in any battle! @@luhityaborah9735
Wow
It's Better to buy a used car..u buy a brand new car for 10 lakhs n sell it tomorrow.. people will give price 8 lakhs.. it's better to buy 1-2 yrs old car at half price
@@GANAPATIMOTORS9679It's impossible to get a 2 year old Car at half price.
In my opinion, instead of so called premium feature (electronic seat adjustments, premium sound system, sunroof etc) car manufacturer should focus on providing features like ADAS and 6 Airbags even in base varients
Yes and awd or 4wd will help
@@parthrajpal3574 awd, 4wd will reduce milege
@@parthrajpal3574 awd is useless for 99.99% people. . . U don't need awd to go over a speed bump. . .
Adas is a useless feature in India
@@parthrajpal3574 bro ye sab dikhawa hai 4wd... 0.01 % cases hote honge jisme log off roading ke liye lete honge
Thank you for guiding us❤.. in this world where all my cousins own a car I get desperate and think of buying a compact SUV at the end of the day. This video opened my eyes thank you so much
You should feel happy for your cousins . Don't get desperate . Live within your means and enjoy the things you can afford . You will find peace in life .
This is so true. My dad bought a kuv 100 3 years ago at 2,21,000 and after 3 years he sold the same for 1,80,000
😂 Businesssss
Aditya, don’t be discourage becoz your video do not have more likes than any other TH-camr. Your content is far better than other TH-camr. Your content will speak about your future. Keep it up👍🏻
Bahut achhe subject par vedio banai bhai..
I'm financially very stable upper middle class person with income of 20+ lakhs per annum
But I drive 2010 Non AC sentro Xing Car & I'm happy with it.
Car is for my necessity not for my luxury.
kejriwal ki yaad aa gayi
@@shobhitsaini86😂😂😂
@@shobhitsaini86bhai upgrade karlo tata ka Nixon lile
garmi mai bohut acha necessity de rha hoga bhai ac to le lo at least
20+ lakhs anum wale upper middle class kab se ban gaya?
1 year ago I bought a 2nd hand hatchback for long trips and city ride totally without any fancy features. Works out for me..
It has good mileage.
May this honesty and fact based storytelling stay with you always. Very few people have the guts to say this.
Best part about this video is that. It does not contain any sponsored from anyone.
It is sponsored, but you can't get it. Probably, you should watch how your mind works on NGC. It is fully explained in that series.
my parents bought car after after the age of 50, my brother and i both are having jobs .
So I can say that buy the car when it is a need not when it is a want.
I watched full video with a cycle..😂 even I don't have bike, so four wheeler is out of dream..😅. I use train and bus for travelling and I am happy with it 😊
Not just buying a car is expensive but maintaining the same is more expensive also it will bring more expense such as unnecessary traveling fuel cost
So true. People should understand the difference between needs and desires
Exactly 200% true Car is liabilities (depreciation product).
I purchased Alcazar 6-month ago on full cash
Then behind my neighbour purchase Suv 500 last month on bank loan .🤭🤭
wow Alcazar on full cash.. even i had more then full cash when i bought skoda slavia.. but i did downpayment of around 5 lakhs(actually 4.5) 50 k was after buying car on associries.. and now i think i should have gone for full loan as i took money from my stock porfolio.. and the shares i sold are up by upto 70% now.. the total interest i pay on car loan per year is less then the money i lost in deinvesting 5 lakhs.. 2024 would be a blockbuster for stock market if modi wins again and stocks can go up by 50%..
@@shobhitsaini86 yar Modi Govt. Toh win hai. Stocks ka dip. June last. Week. Mein dekha jaayega. So it's.perfect time to buy, Railway, infra, banking. Shares. After July. Budged yehi. Share good performed karengey. Suzlon, Salasar, cg, power, adani ke shares pe accha paisa. Kamaya. Ke car ke alawa, ek chota ghar bhi free hogaya.
@@adnanhussain9276 well for market uptrend and downtrend we have to watch.. for that for Sensex candle stick pattern and market analysis is required.. but sometimes even if market goes down then some shares can go up.. so also have to see patterns for upward trends.. also for all stocks bought just see daily or weekly news for them so if some tragedy happens you can sell share on time. Rest if fundamentals are strong the stock should go up every year.
His last words, in the video really touched me inside "EMOTIONS"... & I was also planning to buy a new compact Suv literally😂😂 and these things I too observed the same...🔥🔥🔥Good work brother, keep it up,❤ LOVE FROM NAGPUR
thing is that it won't stop you still in getting a car.. my advice is make a stock portfolio or something.. and make a goal the day i will have 10 lakhs in my stock portfolio i will book a car i want to buy.. then go for it.. otherwise everyday you will see others driving the car and you will say to yourself i stopped because it's bad investment.. but i should go for it as i can enjoy it being young and would book it.. but if you make a goal then you will say.. i have stopped till i fix my finances first.. and then give myself a car as gift.. also a stock portfiolio returns are like 25% per annuam or more depending on experience .. so if you get a loan to buy a car you won't feel bad at all..
Yes bro, I will buy no doubt, but firstly freshers dont invest directly in stocks, we should have deep analysis of market. For normal man its not an easy thing in investing stock market, as per current condition, my suggestion to all is, start investing in mutual funds, start analysing things in stock market 📈 and buying a car is not hard but as per said in the video if we have 20 25 lacs in accnt we have saved and we r investing 8 to 9 lacs in suvs its a good thing.. But we hv 7 lacs in accnt and we have family besides there is no use for a common man. It would be better option investing a money and time in on ourselves and have savings in a pocket neither being a show off for a SUV. As per the current condition going on in politics working, gaining knowledge and developing ourselves is important... And following proper youtubers is very important.
@@atheistbro12591 welll investing in stock market is like learning to drive a car.. you are saying .. you are not ready to ride a car.. so you would see videos.. read riding lessons .. will read about articles on how to drive a car.. without even trying to drive it.. well to get into the stock market is same.. in order to learn driving you sit with some driver and try to drive yourself.. then only you will learn to drive.. otherwise even if you invest later in market with big money.. you will make big losses and quit the market.. trick is to invest when you have less money.. a friend of mine came from usa and he collected Rs 50 lakhs to invest in stock market.. i tried guiding him but he was so confident about his learning that he invested the money.. now after 2 years his money is reduced to around Rs 20 lakhs and he has quit the market.. so start with low income so you can make good money in stock market.. not when you have enough money to lose in the market..
@@atheistbro12591 well i think my comment got deleted .. and why not truth hurts.. well what is said in this video is a safe path.. no one learns stock market without making a loss.. so whatever you learn.. whateven experience you have got.. in market when the bad times comes.. emotions control the people and they make losses.. you should have goals in your life.. and goal for everything.. yearly.. monthly.. quaterly.. and stocks work on goals only.. there is a profit target and loss target.. so if stock is not working according to you .. sell off.. stock has made target profit.. sell off too .. but seeing the chart.. otherwise it can go more up.. how to know that experience in investing.. and why this not work is people just invest in 3-4 stocks at a time.. so if 1 stock fails selling it will be huge loss.. but if someone invests in 20 companies with good future then 2-3 can fail and losses are not huge.. and as a fresher don't invest in apple produts till say next 5 years.. many freshers keep telling me i have no money to invest in market and family issues.. and own an iphone pro max,ipad pro and macbook.. even regular iphone is expensive..
This has been insightful and being a middle class born and bred boy my advice is for the middle - Never ever never buy a 1st hand car, always choose safety e.g. 4 to 6 airbags over style when you do buy and always always buy the car with 0 loan since the interest increases the cost buy with 100 percent down payment.
Until you can buy a car use uber if it is urgent or else public transport. Since for Indians where job market is going down and hire & fire policy is raging supreme once more , car has become a luxury item.
Aditiya saini is a best researcher .love from Nepal .
Agreed I bought a mid variant of Nexon and saved around 3 lakh rupees.😊
Moral of the story - Be a businessman or a politician to live your dream life!
Sahi bola Bhai inke hisab se sab Ambani banke hi ek nayi gadi kharid skte hai 😂
@@lovelymukherjee8563 dp dekh ke mai to seriously nhi le skta bhai ko.
😂😂lol, khud logo ko ye bnda Gyan pel k raat mein gaadi se londiya baazi krta hoga, aur li toh isne bhi gaadi apni aukat se jyada hogi
@@lovelymukherjee8563 job wala nahi kharid sakta car ye reality hai par finance kisi madad se car le rahe hai
To anybody reading this, I pray that whatever is hurting you or whatever you are constantly stressing about gets better in 2024
We had an option of buying a car or home. My little brother wanted a car but my father bought a flat instead. One year later the price increased by 6 lakhs.
Earlier I thought it was a bad decision because my 12th just ended and needed fees for college, but everything seems worth now.
We could have built a home on our land but currently there's just 2-3 house and few farmhouse nearby
Buying a car is feasible as we don't need to be dependent on auto /taxi or pay money to pay to ola/uber
I m rich I can afford rang rover easily but I followed you that's why I have Activa since 2015 😊
@googleeeinc7942 good decision
😂😂😂😂you are broke my friend😂
Bhai me internet ka dhanyawad deta hu ki mere pass itne sare log h sahi information Dene ke liyh
This is not just about cars 🗿😉
Thank you for telling the truth car 🚗 I'm planning to owning a car but for now I'm changing my mind for next time thanks 👍
You
Thank You 🔥
Now don't need expensive things just focus on krishna
Hare Krishna 🙏🙏
Hare Krishnaa ❤
I liked the way you've discussed this topic because today's youth are more concern about their status more than the investing in the assets....
But we have to accept one more thing that If today we have a good power to purchase anything, it is better to use it wisely...
Buy anything if you can buy it 4 times...... apply this theory to your life❤❤❤
Majority of Indians will always live a false life! Very good video! Your efforts and explanation are commendable! Good work bro! Lots of luck and blessings to you!
Car could be a good investment if you have the financial capability and a very large need for a private vehicle.
Well that's also becoz of Covid19 people wanted private vehicles and state transport was a nightmare also car loan interest rate went down to about 7% so everyone started buying cars
BGM is irritating (chng kr lo) and volume bhi jada h
It's just u bruh
I was planning to buy a car on EMI by taking loan from bank. But now, after watching your video my mood is very upset.😢
Bro follow ur dreams buy what u have always wanted, u only live once...listen to ur heart not some other's opinion.
if you dont have family responsibilities then go for a car equal to your 1 year salary max or less
@@aktionreinhard8913 that's a shitty advice . Ever consider about his financial condition . Whether he has family responsibilities or not . Just because you have one life doesn't mean you will live carelessly .
@@aktionreinhard8913 who told we have only one life?
Brother if you have established yourself and you are in a stable financial condition then go for it, this video caters to those who are buying a car despite having a low income, there is nothing wrong in buying a car on loan if u are able to repay it back on time. If you can properly utilize the car and more or less use it for daily commute then there is no problem
good effort and good intentions, however there were some flaws in content research: 1. The average person is buying a more expensive car in 2022 vs 2021 is also due to increase in production cost and as Govt. safety norms have become more strict now hence more safety features hence higher starting price. 2. demand for compact SUVs not related to Covid (
3. People are also buying cars (SUV) Because of road infrastructure
bro most of the businessman buys cars at loan only . It has 2 advantages - 1) to increase their cibil score so i feature they can get huge loan for business purpose at low interests 2) they have enough money to buy car in full cash but they finance the cars so intially they make dp of 15 percent on interest rate to 7-8 depending on their civil and rest 85 percent they invest to achive minimum 20 percent interest per yr due to their skills , hence in a period of 5-6 yr their luxury cars even gets free for them , but middle class don't understand this
You are a milestone in this TH-cam community ❤❤❤❤
This video was hit in the nail! A much needed in this current scenario. Great content Aditya 👏
Today: How do cars make you poor?
Next: How do houses make you poor?
After: How do marriages make you poor?
Later: How does everything make you poor?
People need to understand that everything cannot be seen as an asset or liability and people who make this video have their own house/car, are happily married and settled then why are these people in the horde to influence others?
He is just saying that you don't stretch your legs beyond your bedding. I.e. not to live beyond your means. He didn't say don't buy car
@@naveenrreddy2008 Your point makes sense but I am social animal and I want to get married. So cars and house are important to me.
He is saying loan is not good option for depreciating thing
Ye baat sirf corporate employees ke liye sahi hoti hai 😂
@@vlexicalyou are that emotional person that he is talking about in the end 😂
18:45 😂😂 Automatic ko bhaiya ne Aotumatic bna dia 👍🏻👍🏻🫰🏻🫰🏻 salute to editor😂
Salute to tujhe karna chaiye to itna khush ho raha h ye chutiyapa karke. Life me khud kuch na kiya ho par dusro ki gaand me ungli deni nahi chodi tune.
Jan bujh k kiya hai , taki log uski galti nikale aur comments kare aur majak udae , aur usse free mei jyada comments se engagement mil jaye, jyada engagement matlab jyada impression, jyada impressions matlab jyada views, jyada views matlab jyada income 💲💲💲
Sunroof Kam ki cheez isliye nhi hai kuki isce roof kamzor ho jati hai aur agr koi accident hota hai jisme car k upr kuch gire toh damage aur marne k chance zda hota hai
Who will always support Aditya Shaini rise there hands....🤚🤚🤚
Teri maa ka support chaiye 69 position karne
Tujhe kuch or bhi kaam hai yaa nahi
Koi itna faltu kese ho skta hai bc
@@mganshul😂😂
School dng se kiya hota to rise or raise me frk pta hota ..... Murkh
Isse ye pta chalta h house is 1st priority ❤
I am a Central Government Officer with a salary of 2 lakh per month. Inspite of this, I preferred to bought Baleno as it fulfills all my basic needs & requirements with a low maintenance & service cost, better mileage & best resale value.
Middle class people shouldn't go for "Show-off", its a trap.
Ssc cgl?
Central goverment with 2lacpm, kisko chutia bna rha hai, mai khud bank mein hu and I earn 1.14LPA and bank pays the highest salary in Central/PSU jobs, so shut up
Indians ko ek cheez bahut pasand hai, Show off karna. That's why people buy Luxury Stuff, like Cars, iPhones etc.
Lekin agar log khud ke paiso se khareed rahe ho to( chahe wo loan pe hi na kyu n ho ) show off karne mein problem kya hai 🤔
But Cars are pure emotion.
A lifestyle representing thing.
Even when you buy a home worth 10 crores ; no one will be having the time to actually come and see your house. But an automobile is a completely different thing which goes with you wherever you go.
In our city 2,3 floored houses costs around 1 -1.5 cr .if one can buy a house worth .1.2 cr Ave, and it's 3 floored with a shop I front it can generate 60 k rent per month , means 7 lak per year and the value of thr property will also increase and rent generating from it being extra one can easily buy a car after some years even after completing the loan.
As most middle class people can buy such houses only after saving hard earned money for several years or if they gave enough ancestral properties.
And those who buy car for luxurious lifestyle are already much above the middle class range
@@ABCD-verse Merely buying property, construction is also not that simple these days. Regular maintenance headaches are also a lot. Quality of construction materials is also not what it used to be decades ago.
Its not about depreciation or buying capability. There is no proper road to drive. Its so congested.
Well, sunroof gives an amazing experience and view to the people in second row.. if you are visiting a place with hills .. it’s feels good
😂
I recently purchased a second hand cng wagon r and I am literally happy with my decision. Everyone tried to criticize me a lot and made fun of me. on the opposite side they purchased a highly maintenance car and now they are looking so stressed due to fuel and maintenance. The moral of the story is don't make decision under society influence.
Well define Aditya bhai our generation is following this mindset. ❤
Social media ka effect jitna badega, logon ka faltu ka kharcha(show off ka kharcha) bhi utna hi badte rahega...
Best advice I've given to my dad was to buy land instead of car with his pension money.
I agree, car is a depreciating asset whereas land is a scarce/limited one whose value can't deplete. You'll get good returns on land in future.
I agree! We had gone to buy a car for 8-9 lacs (i20) without any loan but the salesman told us our credit is so good & we should take Little bit of extra loan & go with venue & finally they convinced us to buy verna
Average from 2021 to 2023 of 4.5 lakhs to 6 lakhs is also due to car prices increasing, you won't even get a proper alto in 4.5l nowadays
It includes 2nd also
Loan is not a bad thing for the Business owners and who pay hefty taxes !! Yes for Salaried people its BAD until ur finance is good
Very Important Video In India
💯👍👌
I have driven SX4 and now driving Honda city both second hand and purchasing second hand car is wise decision
This new and mature editing style is really better than the fast tiktokified editing style you were experimenting with early, good work as always ❤
I don't know if i am wrong but i think if i am capable to show-off myself I'll do it very often i mean i am earning 1.5 lakh per month that why i bought a car skoda slavia and i am Fully capable to pay emis, and second there is no value of money if i am not going to use that to ease my life...😅
All the memories me and my family made with our cars are priceless,no amout of depritiable asset crap can make me regret purchasing cars.
That means you are in better financial position . Hence no regret .
Memories don't need to be costlier . Especially if someone can't afford it .
Another aspect of: the cost of car is getting increased day by day.. xuv700 is now 2-4 lacs costilier… also second hand car has got less resale value as well as extra money on maintenance.. ok you save on insurance..
Now a days peoples be like : after buying car on EMI they think Moti chain mota Paisa dikhado koi mhare jaisa😂😂😂
Bhai hum car ke baare me soch rahe thee par scene kya hai ki mumbai ka traffic bakwaas hai isliye hamare paas 2 scooty hai uspe hum 4 aaram se kahi bhi jaTe hai almost 50-70 km bhi jaate hai isliye car ki zarurat nahi hai filhaal toh thanks for this video✌🏻
Old cars lene ke disadvantages aapne nahi bataye.. of course its better option for some people but not all
1. constant electronic issues
2. car insurance
3. reliability
4. maintenance
I'm owner of second hand verna fluidic 2013 and just bought honda amaze.. still owning verna but my parents are using it for short travells
second hand cars are not safe too.. they don't have ESB or traction control or differential locks.. overspeed warning or speed sensing door lock(important if you forgot to lock and have small child).. or child lock.. some cars also have adas level 2 that can brake if you fall asleep.. so 2nd hand cars are risky for long distance trips and can cause accidents.. also you need to change tyres as they can be old too.. and people hack the meter so they reduce half of the KMs driver by cars .. and even mechincs can't catch them.. if done properly..
Sahi bol rha h bhai sunday ko ghumte h baki gaddi khaddi rhti hai😢
But 2nd hand cash me liya to financial dikkat ni hua yahi agar new gaddi loan pe liya hota to L lag jaate😅
Bro I'm unable to hear your background music can you please increase it next time
Car is not only status symbol it's an emotion
Internet net ka best video 😊❤🤟
When I was 20 I bought a car worth 10 lakhs, 7.5 ka down payment kiya aur 2.5 ka loan liya, loan lene ka reason tha credit score kam age se hi maintain krke rkhna aur vo successfully ho bhi rha hai, but haa jab paise na ho tab loan lena depreciating asset pe mujhe bhi galat hi lgta hai.
Here are few things that need to be checked.
1. New car loan is 8% not 10% . Second hand car loan is 14% not 12%.
2. New cars come with lot better active and passive safety features.
3. Given condition of Indian public transport in most of metros and non metros cars provide much safe and time saving options.
4. You can still car pool with your friends and office colleagues to save running cost.
5. In worst case scenario you can still sell of the cars easily, yes you would have lose but in return you would have lots of memories.
well new car loan is 8% if your cibil score is perfect.. if you have credit card debt or a home loan or personal loan they increase the interest rate from 10-12% too.. i got for 9.6% because i have a home loan and my company has less then 10000 employees.. and second hand car loan can go upto 16% on poor cibil score(credit card debt)
My cibil is 800 but car loan is 10% now
@@ApradhTube well if you don't work in tier 1 companies then interest get increased by 1% and cibil should be around 850 or more for getting extra 1% less
@@shobhitsaini86 It also depends on upon your monthly income and amount of loan out of it. If the retail price of the car is less than your annual income, you are charged less interest. Also you have to negotiate during financial. I got mine at 8.5% with 30% loan. The sole reason to get on emi was to divide expenses, paying nominal interest.
@@chinmaysawant9275 well i got 0.5% more interest because i had citibank credit card .. that should have been closed like 3 years ago.. only Rs 100 was left but they started giving bills.. and left india so they have just one branch in ncr.. now i contacted call center and they say.. that i should get a checkbook... go to their branch in ncr and deposit checque with exact amount then it will be closed.. as my credit card number is expired from their db.. i didn't take the new credit card so i can't pay on that number.. now amount is Rs 1350 in so many months.. i went to their branch with cheque but that day was restricted holiday and the person responsible was not present,., my Rs 400 petrol and 3 hours time got wasted..
I bought a old car but in good condition… no loan … just equivalent to 2 month take home salary. It’s not hifi but reliable for next 4-5 yrs 🎉
The case study you explained is very informative
it's true i m from jaipur and since past 2-3 yrs i have started noticing bmw/audi/mercedes very ifteb and even luxury cars on roads sm times which wasn't the case at all before
This is why Totoya Fortuner doesn't have Sunroof.
Because they know this very well.
The mileage of Fortuner is very low around 5- 6.
10 देती है रे बाबा सिटी में और highway पर 12 तक, 6 कैसे देगी 😬
That's why I always buy things on Cash, also I check how much money I'll be left with after purchasing something. I learned this from my Dad.
0:04 sec , emi , register, tax pura paisa dene se bhi app car ka malik nahi baan sakte , kiyuki 10 - 15 year k baad bhi appke car govt. ka under h app chala nahi saktey road pe , scrap kar detey h govt . chahe kitna bhi accha condition ho car ki..
True, aap gadi ke kirayedaar hote hai 10/15 saal ke liye phir apni lakho ki gaadi scrap karwao.
Govt ne loot macha rakhi hai
We are human beings... we are not robots....A car is an emotion.....
Back ground voice bohot tez hai jo bilkul sahi nhi hai please
I watched a video somewhere and that guy said that if you want to buy a car buy it. But he also said this "only buy a car if you have the money to buy the same car twice".
Taking a car loan is better than paying it upfront in cash if you're investing the money elsewhere and getting more average yearly returns than the bank interest.
Ryt maine bhiniss month car lene ki soch rha gha pr rate sun kr aur emi ke bare main soch kr maine socha ki waut kr leta hu 2 saal aur cash pr hi lena sahi rahe gaa kam se kam emi ki tns toh nhi ho gyii isliye main 2 saal aur wait kr rha hu
Logo ko bhi yeh advice dena chachta hu ki emi pr car na lee second hand lelo aise bhi 2 saal bad car chance krne ka mann kre gaa toh emi ke chakkar main mt fasna bhut interest dena padta haii.
EMI gives false purchasing power to any one , if took for granted .
You talk about depreciation of new car. But we can also consider that as cost of enjoyment. Ram got the chance to enjoy a new car.
गरीब अगर कार ले रहा है तो
वो सिर्फ दिखावा में जी रहा है वो आगे पीछे नहीं सोचता
Sunroof wala toh alag hi siyapa chal raha ….
Bina sunroof wala higher end gaadi aaj kal bahut kam hain
Moral Of the Story: Work Hard and buy your Dream car on Cash. Nothing else
Very Great Content Bhai as Always 💙✅
Salaried class should keep this in mind that, business owners also get benefit of claiming depreciation and car loan interest cost as business expense.
Bhai maine apni ghar banai 90 lakh me ,or ghar me cycle use karrahu
Im happy with it
😂😂😂😂 Kar di na Bhikario wali baat
Simple answer for most of problem is bicycle, it's not the nirvana solution but still most ideal solution.
i have 2 honda city cars 2017-2018 models , my first car is loan Free now and the second one i purchased on 100% cash ... Tension free hai apni life ab
Nice analysis ❤