Leasing is short term contract (typically 2 yrs to 5 yrs) for those who do not want to tie there hands in Downpayment, Resale, Maintenance etc. Its like use and throw, but with tax benefits on rentals - can actually make a serious consideration for those who seek a new car experience after every 4 yrs as hassle free and end cost of ownership can actually end up been lower against buying Car. Pls refer calculations in similar perspective as informative aspect.
Hello sir, is private leasing also possible? I mean, if my company is not providing any leasing, can i lease a car directly from the dealer? is this option available for all cars?
Great thought but the video is targeted to specifically those buyers who r confused with the market trends. Ev is a new trend but is not so reliable for long journeys, petrol cars are not the future. In a span of 4-5 years the picture would be much clearer when the required ev infrastructure gets established. Having said that, i believe petrol cars will always be there.
I get what you’re saying , but calculations were just for perspective sake, even for 4-5 yrs leasing doesn’t make sense, there are too many variables and each buyer require different answers , honestly I had planned to upgrade my car and I gave up with 3 months research, 2020 - 2025 will be worst phase to buy cars and I have accepted that fact and ready to wait few more years, Diesels market is nearly killed because of dpf and ad blue plus future bans and high taxes , only petrol running cars are expensive to drive, hybrids make sense but offerings are joke , small puny batteries in hybrid are not that effective plus supremely overpriced for tech, Cng price also high plus not fun to drive, EV are promising but except Tata no one has stepped up plus high cost again , second hand market toh apni duniya main hai, post covid used car market is a joke plus high ethanol mix means old cars which don’t support high ethanol will create problems. most decent cars have long waiting period plus niggles and problem has they are new batches , supply side issue ke naam pe lootna toh chalo hi hai in India as usual, basically sabse bakwas time to purchase car 😅. most foreign brands have supply side issue only for India and are still offering more features abroad in fact some even downgraded features , Not to forget high interest rate cycle in loan., safe cars have quality issues and good quality cars have unsafe issues ,ab unko request kare ki international model ko India main bhi lao , toh brands ka rona dhona for high taxes in India , which even I agree , In short snooze pe jake so jao for next few years 😢 saala yeh dukh kahe khatam nahi hota be 🥲
@@sunnywoahI am also thinking the same... Currently I own Tiago AMT which I have converted to CNG aftermarket but jabse Nexon facelift ka suna hai tabse gadi badlne ka mann kar rha hai. But when I think practically as you have already explained it doesn't make sense to change a car in this time period. Neither you can buy a second hand car nor a new car cause cost is much high. So I decided to continue ragadoing my Tiago for next atleast 5 yrs 😅.
Yes , the hidden interest and conditions can actually set you back. I had a leased car from the company. Not all lease packages come with repair and maintenance included, you have to pay higher which is fixed
Leasing is good option. But read the contract carefully, ask them to clarify in case of any doubts. You may own the care at the end of leasing period. You may need to pay predefined depreciated car value along with nominal charges Drawback, you will be 2nd owner in case buy the car. Advantage, one needs to pay on road price only, no burden of bank interest, over leasing period if you want to own the car
No, car is registered under my name. They provided option to choose White plate or Black. In white, car will be in customer name, if black- company name.
@@arun8623 I am owning 2nd leasing car. I did not see such options like white or black board as of now. Need to understand the benefit the organisations are enjoying through the programme, 1. Companies are enjoying 15% tax benefit which is depreciation value of the car 2. employee retention, employee will not leave the organisation till end of leasing period. if he wants to leave the organisation before the lease tenure, needs to pay early lease termination penalty, it is not very high amount. in my present company, it is 2% of current value of the car. Earlier company, it was out standing amount + 5k for paper works 3. employee satisfaction, employee can enjoy high end car with easy payment option with pre-tax benefit
Need to know why we need to pay gst and cess % on residual value after leasing tenure during transfer of ownership from company to individual, understand corporate buying company need to pay gst tax etc but while transferring to individual due still need to pay gst and cess? Can any1 help on this
@@saptarshi7587 I didn't took through company. Maruti Suzuki Subscription u can google it. MS has tie-up with some lease companies, so anyone can get it.
If I dont want the car after the lease tenure , then do l get the amount paid for let say 3 years back to me? .. I dont own a car.. Planning for it.. so am a newborn in these discussion.. 😌
I would disagree on the financial benefit of a leasing. You could do a simple calculation on your EMI , insurance, maintenance costs for a 36 month and the resale value of your vehicle. For brands with poor resale value there may be marginal difference but for brands like Maruti /Hyundai it will be absolute foolishness
Car prices are increasing every year by year Which is any case good for resale value So in my choice if u are buying 15-20lakhs car Buy your own if u are in a bracket of 30% slab 20-25k monthly instalment for 5 yrs And the car is yours Drive it your own way
Yesterday I was asking to one of my friend in Canada where we has leased car (Hyundai Tuscon), he mentioned there is no such facility of leasing car in India. Thank you for covering this topic.
Still doesn't make any sense to buy car on leasing. - Firstly you don't own a car in leasing while in traditional route you have a vehicle in your name and you could use it and modify and take it any way you want not restricted to any companies certain policy (peace of mind which can't be valued). - The net cash flow example is kind of misleading let me explain with 5L investment with fd you will pay TDS and income tax according to your tax bracket so basically you will have around 10-12 Lakhs cash on hand meanwhile it is same as your car value if you sell it. - Now coming to question of not every car will fetch same amount as creta on resale but not every car will be leased as creta, with higher depreciating car the lease rental will be definately higher. - Lastly rental car only make sense if you know you will switching your job in 1-2 years and will need a car to commute on daily bases, other wise it's always a wise decision to buy car on loan.
@@sandy-ei4vm it depends, you will have to calculate above example with numbers of swift , if it’s too complex than just own the car , swift desire anyway has excellent resale value , ownership could make sense , but low maintenance cost is added benefit
But for leasing car we need to pay RTO tax double .That also need to be consider and Bank loan % rate approx 9 while for leasing interst rate approx 12 % .
sir information bht sahi dete ho bas beech beech me Amitabh bacchan ki tareh sentence finish karna band kar do...baaki badiya vedios dalte ho, very informative...
Can you please tell me how much in hand salary I will get in the below condition: My current Salary: Take whom per month: 130000 Tax deduction per month: 33000 After a car lease of monthly rental 25k, how much do I get the salary per month?
It's considered as an expense for company and given employee as a an allowance, so company will restructure employees salary between allowances basic salary, contact your company's HR team
Hope you gone through entire calculation n first 90 second of video where stated as bridge gap arrangement for buyers looking to own a car for 3 to 4 yrs
No bro; it doesn't make sense! if the car is 20 lakh and three years you have almost paid 15 lakh. Gross outflow doesn't work. Net has some benefit but only due to tax. The logic doesn't flow
Isme ek option hota hai after end of tenure, apke naam pe gadi transfer kar sakte ho by paying residual value of 1% 0r 10%. Also, jo ye aap 1824000 pay karenge ye tax free hota hai. Agar aap khud lete ho direct payment me uss case me let’s assume 15 lakh ka gaadi . Us 15 lakh ke upar 30% tax pay karna padega which is around 4.5 lakh , ye to loss ho gaya na Isiliye leasing is good if you fall under 30% tax bracket . This is good only for high salaried people not for all .
If you calculate simply, leasing doesn't make any sense. You're paying 18k monthly for 4yrs I.e. ₹ 864000 plus after 4yrs, at the end car is not yours. If you look for used car market, you can get 4-5 lakh for your car if you plan to sell. People keep their car for 8 to 10 years in India and for personal car, people keep them maintained and like new even after 5 years. So considering leasing your approx cost is 13.2 lakh if resale value is put at 4.5 lakh. So if you buy your own car in loan also it's yours at the end and you enjoy peace of mind as you're not bound by terms and conditions of use of the leasing company. Own car feeling is better than rented feeling, you dont have attachment with rented car. Everything is not based on cost and calculations in life. Situations vary from person to person and people make choices based on their situation. If leasing works for you great, if owning works it's still better. Thanks.
@@bibekbapi Yes your advice makes perfect sense, But for me I went for leasing because multiple loan applications got rejected due to cibil score, So this was my only option to get a car quickly. And also i have no respect for their terms and conditions. Only thing i'm worried about is how much they will charge me after 4yrs if want to acquire the car from them.
Thank you! This video helped me. Any tips on negotiation levers available for a salaried individual when going for a 4-5yr car lease through the employer company? Espl if the car is likely to be subsequently bought with payment of 1% or 10% residual value and retained for 2 to 3 yrs after lease is completed. Many thanks!
It is adjusted in your CtC structure itself basically that amount will not be paid as salary. Hence that car lease rental amount wont be considered under taxable income.
Hume company se milti h firm ke nam pe reheti h 5 sal tak 6 lakh ki ghadi hume 3 ki padti h 5 sal badh hum apne nam bi kra sakte h lekin bus yhi h ki har koi nai le skta job honi chyige corporate jesi
Sorry, but the moment you said do option selling of the residual money, all you calculations fail. You say making 25% consistent return is very easy. Remember, thats not always possible and comes with huge risk. I am not counting taxes here for now
Wrong example, Home is for Wealth Creation and never depreciate. Car is lifestyle and the way people changing there mobility solution in few years - a hassle free upgrade experience in leasing is ideal.
True sir but people who want to keep the car for 7-10 yrs for them u can't always think about depreciation...people r buying bigger car, want top model, more features, why?? They can buy one below segment car, base model or model with some useful features...for comfort luxury afterall people r working making money for what? Comfort luxury so depending upon budget buying own car it's not bad idea...
There is no such section to claim for it. It is actually adjusted in your CtC structure itself. The lease rental amount Will not be considered under taxable income.
Bilkul galat , salaried class will have to fill fake bills , I had one for a while on lease , conscious didn't allow to pile up fake bills , so bought the car instead .
Leasing is for short term only. 3 to 4 ys is popular n don't stretch beyond 5 yrs. Also leasing is for those buyers who believe in short term use n UPGRADE
Car par kuch nuksan hua ya accident hua woh bhi total lost mein toh kya hoga.sath hee sath dusrah car replacement hoga ya 3years ka paisa dubega.apna ho toh cabaree meh deke dusra bike hone seh bhi replace ho jayega 😁😁😁
Sir , I am planning to buy a used 2011 Honda crv . The car has clocked 36000 km i did check the car history in my home state Honda dealer and it has a well maintenance history . The owner is quoting me 7 lakhs. Sir, can you please elaborate some cons and pros on the Honda crv. Or is it worth to buy a used Honda crv for that price? Looking forward for your reply.
wah sir kya bewkoof bnaya h very nice 4 saal main 15 lakh ka rent bhr do or gaddi return krdo.......18 lakh main 15 saal ke mil rhi n 15 lakh maij 4 saal ke liye wah kya kata h....😂😂😂
What kind of foolish video 😢 are you publishing. Though we are buying a property with depression there is always 40-50% resale value after 4-5 years of use. What about the monthly rent We pay for leased vehicles for 4 years? Are we going to get 30% back after we return the car to the leasing company.?
Pls re-watch first 90 second of video n understand the jist . Then see the tax benefits n calculations to make out is video foolish or leasing foolish or rather is informative. Best regds
Leasing is short term contract (typically 2 yrs to 5 yrs) for those who do not want to tie there hands in Downpayment, Resale, Maintenance etc. Its like use and throw, but with tax benefits on rentals - can actually make a serious consideration for those who seek a new car experience after every 4 yrs as hassle free and end cost of ownership can actually end up been lower against buying Car. Pls refer calculations in similar perspective as informative aspect.
Hello sir, is private leasing also possible? I mean, if my company is not providing any leasing, can i lease a car directly from the dealer? is this option available for all cars?
Yes
But only through leasing company not from dealer
@@praveenparashar99 thank you!
It still makes sense in leasing for only 4 yrs scenario - car ownership cost = 20,56,376 ,resale value = 9,35,000 (17lac car) = 11,21,376
Great thought but the video is targeted to specifically those buyers who r confused with the market trends. Ev is a new trend but is not so reliable for long journeys, petrol cars are not the future. In a span of 4-5 years the picture would be much clearer when the required ev infrastructure gets established. Having said that, i believe petrol cars will always be there.
I get what you’re saying , but calculations were just for perspective sake, even for 4-5 yrs leasing doesn’t make sense, there are too many variables and each buyer require different answers , honestly I had planned to upgrade my car and I gave up with 3 months research, 2020 - 2025 will be worst phase to buy cars and I have accepted that fact and ready to wait few more years, Diesels market is nearly killed because of dpf and ad blue plus future bans and high taxes , only petrol running cars are expensive to drive, hybrids make sense but offerings are joke , small puny batteries in hybrid are not that effective plus supremely overpriced for tech, Cng price also high plus not fun to drive, EV are promising but except Tata no one has stepped up plus high cost again , second hand market toh apni duniya main hai, post covid used car market is a joke plus high ethanol mix means old cars which don’t support high ethanol will create problems. most decent cars have long waiting period plus niggles and problem has they are new batches , supply side issue ke naam pe lootna toh chalo hi hai in India as usual, basically sabse bakwas time to purchase car 😅. most foreign brands have supply side issue only for India and are still offering more features abroad in fact some even downgraded features , Not to forget high interest rate cycle in loan., safe cars have quality issues and good quality cars have unsafe issues ,ab unko request kare ki international model ko India main bhi lao , toh brands ka rona dhona for high taxes in India , which even I agree , In short snooze pe jake so jao for next few years 😢 saala yeh dukh kahe khatam nahi hota be 🥲
बकवास
Thanks for sharing your thoughts. Really helps a lot of people get a better perspective about buying or leasing a car.
@@sunnywoahI am also thinking the same... Currently I own Tiago AMT which I have converted to CNG aftermarket but jabse Nexon facelift ka suna hai tabse gadi badlne ka mann kar rha hai. But when I think practically as you have already explained it doesn't make sense to change a car in this time period. Neither you can buy a second hand car nor a new car cause cost is much high. So I decided to continue ragadoing my Tiago for next atleast 5 yrs 😅.
I still personally feel that going for 3-5 year pre owned cars is wisest decision for a car buyer.
If u have cash
I tried Cars24 and Spinny, they are the most expensive for the 3 to 5 years segment. 😢
Par saala koi nhi deta 5 saal old car 50% mein
No guarantee on the quality
Yes , the hidden interest and conditions can actually set you back. I had a leased car from the company. Not all lease packages come with repair and maintenance included, you have to pay higher which is fixed
Biggest disadvantage of leasing is "no emotional attachment".
Its kind of rented home.
Be an old-school guy,
Don't go for a lease but buy.
bro in most of the company, you can keep the car after the lease period.
@@Roadcast11kam chalate ho toh lease best hai
Leasing is good option. But read the contract carefully, ask them to clarify in case of any doubts.
You may own the care at the end of leasing period. You may need to pay predefined depreciated car value along with nominal charges
Drawback, you will be 2nd owner in case buy the car.
Advantage, one needs to pay on road price only, no burden of bank interest, over leasing period if you want to own the car
No, car is registered under my name. They provided option to choose White plate or Black. In white, car will be in customer name, if black- company name.
@@arun8623
I am owning 2nd leasing car. I did not see such options like white or black board as of now.
Need to understand the benefit the organisations are enjoying through the programme,
1. Companies are enjoying 15% tax benefit which is depreciation value of the car
2. employee retention, employee will not leave the organisation till end of leasing period. if he wants to leave the organisation before the lease tenure, needs to pay early lease termination penalty, it is not very high amount. in my present company, it is 2% of current value of the car. Earlier company, it was out standing amount + 5k for paper works
3. employee satisfaction, employee can enjoy high end car with easy payment option with pre-tax benefit
Need to know why we need to pay gst and cess % on residual value after leasing tenure during transfer of ownership from company to individual, understand corporate buying company need to pay gst tax etc but while transferring to individual due still need to pay gst and cess? Can any1 help on this
@@saptarshi7587 I didn't took through company. Maruti Suzuki Subscription u can google it. MS has tie-up with some lease companies, so anyone can get it.
If I dont want the car after the lease tenure , then do l get the amount paid for let say 3 years back to me? .. I dont own a car.. Planning for it.. so am a newborn in these discussion.. 😌
I would disagree on the financial benefit of a leasing. You could do a simple calculation on your EMI , insurance, maintenance costs for a 36 month and the resale value of your vehicle. For brands with poor resale value there may be marginal difference but for brands like Maruti /Hyundai it will be absolute foolishness
The company I am working with just offered Car Lease schemes last week... For me, the video was greatly helpful... Thanks, Sir.
Car prices are increasing every year by year
Which is any case good for resale value
So in my choice if u are buying 15-20lakhs car
Buy your own if u are in a bracket of 30% slab
20-25k monthly instalment for 5 yrs
And the car is yours
Drive it your own way
Yesterday I was asking to one of my friend in Canada where we has leased car (Hyundai Tuscon), he mentioned there is no such facility of leasing car in India. Thank you for covering this topic.
Ur so clear when u speak .....God bless you
Small maruti cars have around 15k rental min, which is too expensive. It's not feasible at all.
But it is quite expensive till now these days. Albeit, content toh Dwarka wale bhai ka hota hi hai hatke 👌👏👏👏
Current car price, fuel price, maintenance.. owning car is not worth (financially).
Lot of rental option, lot of cab.
U always surprise sir ji, kuch na kuch alag info dete ho.. U are a different League player.. Proud subscriber of my car helpline
It is only feasible for shorter span , for a longer use its still good to buy a car.
There is one more addition is Residual value of the car.. Which comes around 4-5L for Creta.. This needs to be paid at the end of closure..
Still doesn't make any sense to buy car on leasing.
- Firstly you don't own a car in leasing while in traditional route you have a vehicle in your name and you could use it and modify and take it any way you want not restricted to any companies certain policy (peace of mind which can't be valued).
- The net cash flow example is kind of misleading let me explain with 5L investment with fd you will pay TDS and income tax according to your tax bracket so basically you will have around 10-12 Lakhs cash on hand meanwhile it is same as your car value if you sell it.
- Now coming to question of not every car will fetch same amount as creta on resale but not every car will be leased as creta, with higher depreciating car the lease rental will be definately higher.
- Lastly rental car only make sense if you know you will switching your job in 1-2 years and will need a car to commute on daily bases, other wise it's always a wise decision to buy car on loan.
It still makes sense in leasing for only 4 yrs scenario - car ownership cost = 20,56,376 ,resale value = 9,35,000 (17lac car) = 11,21,376
@@sandy-ei4vm it depends, you will have to calculate above example with numbers of swift , if it’s too complex than just own the car , swift desire anyway has excellent resale value , ownership could make sense , but low maintenance cost is added benefit
You always give the best suggestion...thank you
But for leasing car we need to pay RTO tax double .That also need to be consider and Bank loan % rate approx 9 while for leasing interst rate approx 12 % .
Option selling prr video bna do. I and must be sure others is also interested. Please explain it practically
You lease a car
1. Ultimately You are not the owner
2. In case of accident / police complaint its a big headache
Thank you so much sir for making a video on my request.
It's very expensive. It's better to own a car. Later if you sell that car you will get more value in return. While Rental you don't have such option.
Is it similar to renting a flat versus owning one? I think owning a house is more appealing.
sir information bht sahi dete ho bas beech beech me Amitabh bacchan ki tareh sentence finish karna band kar do...baaki badiya vedios dalte ho, very informative...
Nice information... Sir i see your videos... Your speech is auwsome.
You lost me when you said 2% per month return is easy and safe
Can you please tell me how much in hand salary I will get in the below condition:
My current Salary:
Take whom per month: 130000
Tax deduction per month: 33000
After a car lease of monthly rental 25k, how much do I get the salary per month?
For any scratch or any damaged part ...will.lease company ask me compensation?
Not a good option for Indian customer... life of a Car is not 3/4 yrs.. In India we keep cars for longer durations..
Appreciate feedback but as referred in first 90 second is leasing as bridge gap arrangement for buyers looking to own a car for 3 to 4 yrs
Sir aap please stocks market, investment ke upar video banaye 🙏🙏🙏 Q ki wo Jada jaruri hai normal people ke liye 🙏🙏🙏 please make it soon 🙏🙏🙏
How can lease rental ve reduced from taxable income of salaried? Which section?
It's considered as an expense for company and given employee as a an allowance, so company will restructure employees salary between allowances basic salary, contact your company's HR team
Your monthly outgo is almost same. Lower Rental vs investment/resale value.
You dont get tax benefits on taking loan, but on lease rentals yes. In reference to salaried
Also you don't have to take burdernof down payment,many people take personal loan even for down payment
Request to make video on finance
I dont agree.. Monthly 40k for something you don't own is quite expensive.. Its better to buy a new car of own.
Hope you gone through entire calculation n first 90 second of video where stated as bridge gap arrangement for buyers looking to own a car for 3 to 4 yrs
Dude u can buy that car back by paying nominal amount
Now I'm not gonna lease a car but actually buy it after watching this video 😂😅😂😅😂😅😂
Leasing gives tax benefit only if your employer provide that benefit…..private leasing me 0 tax savings hai
Sir, can you please cover this topic on Option selling,
Can you please convey among the IT companies who all are proving this facilities to its employee ?
No bro; it doesn't make sense! if the car is 20 lakh and three years you have almost paid 15 lakh. Gross outflow doesn't work. Net has some benefit but only due to tax. The logic doesn't flow
Sir.. Thanks for your inputs.. Kindly make this a more easier video to understand more. Actually kuch jyaada samjha nahi on leasing part.
Bhai 38k/month for 4 years
38000x 48 months = 18,24,000/-
4 saal hm Amount de puri gardi ka
Fir kyu na ham brand new gardi le 15 saal k liye ?
Sultan sahab - pls check video in complete. Hopefully will get answer.
Isme ek option hota hai after end of tenure, apke naam pe gadi transfer kar sakte ho by paying residual value of 1% 0r 10%. Also, jo ye aap 1824000 pay karenge ye tax free hota hai. Agar aap khud lete ho direct payment me uss case me let’s assume 15 lakh ka gaadi . Us 15 lakh ke upar 30% tax pay karna padega which is around 4.5 lakh , ye to loss ho gaya na Isiliye leasing is good if you fall under 30% tax bracket . This is good only for high salaried people not for all .
I currently have Baleno 2022 on lease for 4 yrs. Paying 18k per month.
If you calculate simply, leasing doesn't make any sense. You're paying 18k monthly for 4yrs I.e. ₹ 864000 plus after 4yrs, at the end car is not yours. If you look for used car market, you can get 4-5 lakh for your car if you plan to sell. People keep their car for 8 to 10 years in India and for personal car, people keep them maintained and like new even after 5 years. So considering leasing your approx cost is 13.2 lakh if resale value is put at 4.5 lakh. So if you buy your own car in loan also it's yours at the end and you enjoy peace of mind as you're not bound by terms and conditions of use of the leasing company. Own car feeling is better than rented feeling, you dont have attachment with rented car. Everything is not based on cost and calculations in life. Situations vary from person to person and people make choices based on their situation. If leasing works for you great, if owning works it's still better. Thanks.
@@bibekbapi Yes your advice makes perfect sense, But for me I went for leasing because multiple loan applications got rejected due to cibil score, So this was my only option to get a car quickly. And also i have no respect for their terms and conditions. Only thing i'm worried about is how much they will charge me after 4yrs if want to acquire the car from them.
Zoomcar se li hai kya
Car personal number hoti hai ya taxi number
Thank you! This video helped me.
Any tips on negotiation levers available for a salaried individual when going for a 4-5yr car lease through the employer company? Espl if the car is likely to be subsequently bought with payment of 1% or 10% residual value and retained for 2 to 3 yrs after lease is completed.
Many thanks!
What income tax head it come under, e.g. 80, 80C, 80D,
Nice Details Sir..!
If no income tax benifit available to me than which is the best option buy or lease... Average monthly running 1500km.. Petrol ..
I have leasing option from my company. But I have home loan also going. So i am thinking of topping up my home loan instead of leasing. Thoughts?
Brilliant as usual
Closed the video when he said option selling
Can lease in years or monthly also
Leasing is not a good option for long term ownership...
Pure mahine me 3000km se jayada nahi chala sakte
Apni gadi gafte me 6se 9 hazar km chal jaati hai
Hi! Can you please elaborate under what provisions of the Income Tax Act can an individual/self-employed save tax, as mentioned by you in your video?
Your gross income would be less
It is adjusted in your CtC structure itself basically that amount will not be paid as salary. Hence that car lease rental amount wont be considered under taxable income.
Hume company se milti h firm ke nam pe reheti h 5 sal tak 6 lakh ki ghadi hume 3 ki padti h 5 sal badh hum apne nam bi kra sakte h lekin bus yhi h ki har koi nai le skta job honi chyige corporate jesi
Your videos remind me of old actor Ranjit
Sorry, but the moment you said do option selling of the residual money, all you calculations fail. You say making 25% consistent return is very easy. Remember, thats not always possible and comes with huge risk. I am not counting taxes here for now
thank you
Hi Gagan, can you please add English subtitle for this video?
It's like khudka ghar 50lakh,1 crore me lene se behtar hai rent me raho aur paise investment karo lekin khudka ghar khudka hota hai same for car
Wrong example, Home is for Wealth Creation and never depreciate. Car is lifestyle and the way people changing there mobility solution in few years - a hassle free upgrade experience in leasing is ideal.
True sir but people who want to keep the car for 7-10 yrs for them u can't always think about depreciation...people r buying bigger car, want top model, more features, why?? They can buy one below segment car, base model or model with some useful features...for comfort luxury afterall people r working making money for what? Comfort luxury so depending upon budget buying own car it's not bad idea...
sir thanks for your information. aap kab le rahe hai?
bina loan k full pay krke lo and enjoy karo. no loan no leasing.
Plz confirm kis app se rent par le car . Mujhe Baleno leni hai for 1 year
Thanks for making this video, please make one on maruti car subsription plan if possible
CAn you suggest a few leasing companies in Pune?
Those who don’t have taxable income
Under which section this deduction is available to salaried person
There is no such section to claim for it. It is actually adjusted in your CtC structure itself. The lease rental amount Will not be considered under taxable income.
24% - comission - 10 to 15% capital gain tax 12 to 15 % Actual returna but bank ke 6 se 8 % se better h 😂😂
to leasing k period kbad car humari ho jayegi kya ???
Bilkul galat , salaried class will have to fill fake bills , I had one for a while on lease , conscious didn't allow to pile up fake bills , so bought the car instead .
Rental car Kahan se milegi, aur agar 4-5 din ya 1 din ke liye chahiye to Kahan se milegi, aur kitna kharcha hoga...?????????? Plz ispar video banaiye
Its not like any regular rental . Its leasing n to be precise corporate leasing
Does that really work?
indeed, all numbers are fact based.
Itne rental pay karne ye achha he ke 9car hi purchase kar li jaye
Thumbs up 👍 truely informative
Agar koi 3 yrs ka loan legal aur car 7 yrs k baad sale karega to us scenario me loss hoga
Leasing is for short term only. 3 to 4 ys is popular n don't stretch beyond 5 yrs. Also leasing is for those buyers who believe in short term use n UPGRADE
Its best to buy a pre owned car😅 atleast we can drive it more than 10 yrs in this budgert
So lease is no use
Hi! Sir, is such scheme applicable to ev cars as well? Regards
Yes, Can be availed for EV too.
Your videos are always informative! Never missed it! Thanks
Regards ,
❤️ from Kolkata
ये स्कीम५० लाख प्रतिवर्ष इनकम वालों के लिए बेहतर है,साथ हि इतनी हाई सेलेरी वालों को कंपनी या सरकार खुद हि टैक्सी कार देती है ।मेरा अनुभव है
Super video
Will we get tax credit for the GST paid on the lease amount?
Unless you have a business of selling or renting the car, you will not get any Gst credit. It's blocked.
Itni mehengi scheme kon lega
Sach me ye scheme dekh k mai hil gaya 00:08
30000 ki emi kaun baREGA
Car par kuch nuksan hua ya accident hua woh bhi total lost mein toh kya hoga.sath hee sath dusrah car replacement hoga ya 3years ka paisa dubega.apna ho toh cabaree meh deke dusra bike hone seh bhi replace ho jayega 😁😁😁
All accident claims taken care by leasing company. Also replacement car is generally provided if repair take more than a week
Gaari, baari (house) aur naari kabhi rent me mat lijiyega 😂😂😂😂
🤣🤣🤣
M karta hu option selling
Bhai could you please stop telling that first line,
Sir , I am planning to buy a used 2011 Honda crv . The car has clocked 36000 km i did check the car history in my home state Honda dealer and it has a well maintenance history . The owner is quoting me 7 lakhs. Sir, can you please elaborate some cons and pros on the Honda crv. Or is it worth to buy a used Honda crv for that price? Looking forward for your reply.
Good Night Sir
Apni to apni hoti h
🌹🌹🌹🌹
ye sab bakwas hai isse achha ek achhi condition ki used car Better option hai.
Third class plan bataya hai
With option stock and all krke
Har koi nahi krta ye
wah sir kya bewkoof bnaya h very nice
4 saal main 15 lakh ka rent bhr do or gaddi return krdo.......18 lakh main 15 saal ke mil rhi n
15 lakh maij 4 saal ke liye
wah kya kata h....😂😂😂
What kind of foolish video 😢 are you publishing. Though we are buying a property with depression there is always 40-50% resale value after 4-5 years of use. What about the monthly rent We pay for leased vehicles for 4 years? Are we going to get 30% back after we return the car to the leasing company.?
Pls re-watch first 90 second of video n understand the jist . Then see the tax benefits n calculations to make out is video foolish or leasing foolish or rather is informative. Best regds
Sunny Deol 😅
Sab ki sab bakwass bate kuch samjh hi nahi aati humko inki to 😂😂
Unsubscribed
Sab bakwaas hi, trading mein 100 % profit ho tab hi invest karein.
Hi Cockroach 🪳
Can lease for years or monthly also