Few points to add 1)it also depends on your income. Even if one wants to buy a car, better to buy a car which is of very less cost than the income. 2) Also it is important to understand that the above comparison is for 6 lakh rupees car. As the price increases, the number of kms required to get back money increases. 3) Maintenance of second hand car is more than first hand car most of the time. 4) Uber/ola cost and availability varies based on demand. 5) you can upgrade your car for every ride in ola/uber.not possible with own car. 6) everyone in house should know car driving if want to utilize car fully. Most of the time, only one person knows it so if he is not available you can't use car. Especially elder people. 7) if you want to go outstation by train, bus or aeroplane you have to use ola/uber to drop you. Own car won't help. 8) business people get depreciation benifit in income tax which needs to be considered 9) ola/uber is a great concept based on sharing model. It reduces number of vehicles on the road reducing road congestion. We have small roads in India and mostly poor public transport. Hope to see more growth in coming future.
नमस्ते मुकुल जी... आपको पिछले 2 ya 3 महीने से सुन रहे है हम... sir i work in my restaurant and i have had very poor background of accounts or finance... i really want to thank you for all ur contribution in this field... ur way of explaining things is very easy to understand as an listen... आपने काफी concepts clear किए है मेरे.. बहुत मज़ा आता है अपकी stories and examples सुन के.. waheguru ji आपको खूब success दे.. many thanks sir.. cheers
Abhi mere friend group mein 2 logon ne Thunderbird Li..maine bhi Thunderbird Lene ki Sochi..fir mujhe pata chala uski running cost Jada h...Maine 80k ki bike le Li or 1L invest kar diya
Driver issue is a very important point. That should be included in the fixed cost. Even if one can drive, time is the most expensive asset. Nice video... thanks for these informations. As a stuDent I don't have to think much about this now. But definitely will need one day. ❤
With Ola and Uber there is a lot of surge charge and in my experience, cabs mostly take 5 to 10+ minutes to reach the location and there is the major issue of instructing driver and finding the car.
sir ek bat reh gai isme... agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think.... ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
If you have old age parents and new born baby at home then Own car makes sense...during this phase of life they need this comfort to travel hospital or nearby places frequently. Also in Rain own car is better for old age n new born baby.
OLA/UBER can't be considered as primary option. They may be a secondary option. Don't forget about crime committed against women by cab drivers. But in the end, it all depends on daily/monthly running. BTW there is saying in hindi 'Apni gaadi ka to maja hi kuch aur hai'
These saying in hindi is the reason people overspend and are left with no money when they get old. Buying used car is the best option if you dont travel much.
@@akshay9463 if you live in delhi then 3 lakh ki gadi lelo or kuch saal chalao or bech do. Tab tak invest karo fd wagerah me or jab pase ho jae to nayi le lo.
@@Thereisawaytogo Low income class cannot afford a 15rs per km chauffeur driven ride on a daily basis. They prefer subsidized public transport ,ola uber is used by upper middle class. Try once using ola on daily basis n you understand.
Bhai... Tum family picnic pe jate hi 6 months me 1-2 baar... Uss time bhi tum car hire kar sakte ho, jisme shayad space & comfort bhi jyada ho... Family Picnic me mostly XUV500 type cars bahot kam ati hai... Comfortable Journey for all 7 passengers... Rahi baat social Status ki... Uske liye yeh video Jarur. dekh lena 👇🏻 th-cam.com/video/f5KEAM2IacY/w-d-xo.html
sir ek bat reh gai isme... agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think.... ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
@@BJPaladiya automobile industry is unstable And now wrong parking in Mumbai will cost 25k fine (even for parking where there is no "no parking" symbol )
bilkul correct. aur bhai ye india hai. yahan par blindly dusre aadmi pe depend nahi kar sakte. i remember i had to go urgently to office one day and there was no car around. later came to know about ola/uber strike.
sir ek bat reh gai isme... agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think.... ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
Even if u hv a car..option of ola/Uber is available. If u go to some place where parking issues are there etc then these can be availed. But a personal car is must.
Ola uber is not at all reliable Ever tried booking cab during peak hours?How much is surge in fare ?How much time driver takes to pickup? Rejection rate by drivers is also high is ola uber, Sorry Ola Uber can be secondary option .Personal vehicle is mandatory
Superb Analysis Sir.. I work as Data or Quantitative Analyst however its difficult for me as well to breakdown the costs into such simple fashion. Your quantitative skills are superb Sir.. Learnt a lot from you..
I think...for long drives like more than 100km... person car is better as in this case ola/uber charges are more comparing to cost of drive in person car
Nice video sir but you have missed out one major point of opportunity cost for not buying car....6lakhs investment can give you almost double return in 15 years...And this can reduce almost half of cost if we choose renting of ola/uber..I believe this shall be prime reason for not buying car...Because once you spend money of 6 lakhs in buying car it would be sunk cost...isn't it?
I bought 2nd hand Hyundai accent GLE 2008 single owner with all basic amenity, and a great build quality, I spent only 8k for interiors reconditioning. I spend 2k for fuel every month since I drive only 300 kms per month. I don't have to spend a fortune maintain it since spare parts are dirt cheap. I pay only 2k as EMI since I took a personal loan to buy the car at 10.9% interest. So overall I spend 4k in month and that too my company pays me 4.4k for fuel allowances so summing it up I drive for free.
sir ek bat reh gai isme... agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think.... ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
You missed one point, if we relocate to another city in india we need to pay RTA charges of that particular state in case of own car. And nowadays we are not sure about for how many years we will stay in one particular city. If we move out of india then it is completely different case.
Sir ismein ek point shyad miss huwa hai woh Agar accident hoga koi agar injured ya death huva toh kanooni jhamele se bach jate hai in ola & uber case Main jyada waqt pune & mumbai city mein hi nikalta hoon ola uber ka hi use karna chahiye ya cycle jazoori hai isse polkution bhi nahi hoga aur paisa bhi bachega..
Very nice video sir ..finaly aapne meri baat maan hi li ..thank you so much & sir video on demand me aap name bhi bataya kijiye ga isse hame bhi motivation milta ..kariye Maja aayega
This is one practical video which factors in each and everything possible. Please make some videos for people who are new in real estate and what is developer builder partnership.. Lastly, it would be amazing if you could tell how to save property from kabza and other legal complications from mischievous elements! Please! Thank you in advance!
I already have many videos related to real estate to help who are new to real estate, you can look for the different playlists in the channel's playlist section and noted your other suggestions for future videos. th-cam.com/channels/sNxHPbaCWL1tKw2hxGQD6g.htmlplaylists
Great video sir, I want to add some more points. It is good to use Ola Uber saves money on buying car and also on parking space, maintenance, driver. Also in country where people doesn't have place for shelter, to walk freely on footpaths and traffic jam for public transportation and at other side we use lot of space for private car parking. So it is good if number of private vehicles get reduced. Also it is good for environment as it reduce pollution due to traffic by some percentage and saves resources in making of car. In residential societies car parking is one of the reason for no space to play kids and plant trees as space is concretise for parking purpose which also affects rain water absorption affecting groundwater in cities.
Grt video...... But Yogi bhai .....you have missed considering the EMOTIONAL factor of being KHUDAKI GAADI .....and prestige factor too. I will buy all points you discussed but not without the factors mentioned above.😀😀 Grt work. Keep it up.👍😃
1. Ola / uber me surge pricing hoti h. Wo consider hi ni kiya. 2. 15 sal ke liye car loan kaun deta h. 3. Good brand like Toyota ki cars ki maintenance kam hoti h and average jayada hoti h. 4. Ola /uber me waiting 30 mints bhi hoti h. Isliye ola /uber per depend ni ker sakte.
🙋 Major thing is, you haven't considered fuel cost for 500km as per Rs. 5/km. So it should be 500x5=2500+10000 So final calculation should be 12500/500 = Rs. 25/km Not Rs. 20/km. 🤗 Thanks
Excellent video! Love the way you explain with numbers. Wondering what role inflation might play in this comparison since we are considering a long tenure of 15 years? 🤔
One point you missed. If you have a motorcycle/scooter and a car, then your car can be used by multiple member of your family viz wife , father etc. But ola uber will charge each and every member of your family each time they go out.
Sir if I travel 2 or 3 times a week then ola, Uber is the best option. Sharing is always the best one it saves lot of money. But if we purchase our own car we pay in Lakhs which is a huge cost, plus parking charges, maintiance, petrol, car towing, breakdown, scratches, accident cost, insurance, driver cost, any unknown expenses, wrong parking charges, car is submerged during heavy rain...but owning your car makes you feel comfortable while travelling..
Kindly do analysis for apartment buying when customer monthly salary 40000/- per month. How to choose best budget flats when my present salary 40k per month and I can able to pay home loan without failing premium.
If you are calculating maintenance and fuel charges then simply you should not buy a car..opt for ola uber or two wheeler like scooty etc. Buying a car is not worth it in any of the metros as you won't be able to drive it around due to crowd and parking problems. you will have to wait for an hour to park in a Mall on weekend, there are not enough road side parking. Only use of car for you will be going out of town tours.
I have two cars and one among them is Nano, and on my emergencies only nano came to serve as nano is parked outside my house so i never bothered to pull out my big car from house. I just came out from my house and goes away on nano. 😀. 2nd car is only for my satisfaction
I would rather suggest to do opposite. Never invest your money in car. Take maximum possible loan and invest your money to earn more than the interest rate.
Hi Mukul...in the first 5 yrs no body actually faces an issue..as u said AC repair and all...plus tyre change is required once in 5 years which cannot be considered every year. For the first 3 years maintenance fixed cost cannot be 15 k. Plus 6 lakh car of a petrol version is 15 years, and shall not be assumed to be sold in 3 years with 50 percente depreciation.... I do like your channel and all are videos are informative, but this one is little ambiug .
Not practical calculation, maintenance 15k/year for 6L car, not at all. FordEcoSport get serviced in less than 5k and in year we have to do service 2 times. And we can't depend Ola/Ubar for our daily drive. And what about urgency?
Only one factor I see to buy your own car. I can share my story, my 4 years old daughter was very sick and crying bcoz of stomach pain at 2 Am in night and it was very heavily raining and I was coordinating with ola uber drivers to go to hospital. Every one was keep on cancelling the rides. I was feeling very helpless that night. My daughter and wife were waiting for me. My suggestion for everyone, if your budget supports, buy a new brand car no matter how small it is, keep it maintained with care for 10-11 years. Emergency comes without notice
I hope your daughter is well now, Please do take care. A human life is more important than considering liability or 12% guaranteed investment returns. Money we can steal, Life we cannot.
Thanks for making this video, however my friend the rate per km for ola/ober considered here is incorrect, the pricing is nothing less 20 per km and can go even more higher for peak hour travel. The other thing which is wrongly assumed here, that more than 15 year old car will fetch zero valuation. For me it still makes sense to buy car
Own car is good bcz ola and uber always ready to take high rate in night time or monsoon season...too much high rate ..also create problem in pick hours
sir ek bat reh gai isme... agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think.... ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
You call cab environment friendly these cabs are not well maintained and secondly if you see most of the cabs have one person sitting only some do share cab
I agree with you buddy. In Bangalore I have observed ,, if a single person want to daily commute to his/her office they come in Car instead of using Bike. Majority of cars will have single occupant . Government should look into this issue. This is the major concern for traffic Jam in Bangalore. Later they start complaining about Traffic issues in Bangalore.
I like your videos and watch them on routine basis. But in this case, there are too many assumptions. There are many confounding factors that have not been covered for e.g. some people get their traveling expenses reimbursed or the company gives travel allowances based on one's post. Also the cost of ola/uber keep fluctuating as per demands.
Bhaiya mera kaam h electronics ka 25-30 hazar month k kmata hu abhi second hand bike chalata hu 22 hazar ki li thi mene wo week me 3-4 baar family ko leke jaata hu to ola uber kr leta hu
![Is Buying a Car Cheaper Than Ola UBER? [With Calculation]](/img/n.gif)
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Few points to add
1)it also depends on your income. Even if one wants to buy a car, better to buy a car which is of very less cost than the income.
2) Also it is important to understand that the above comparison is for 6 lakh rupees car. As the price increases, the number of kms required to get back money increases.
3) Maintenance of second hand car is more than first hand car most of the time.
4) Uber/ola cost and availability varies based on demand.
5) you can upgrade your car for every ride in ola/uber.not possible with own car.
6) everyone in house should know car driving if want to utilize car fully. Most of the time, only one person knows it so if he is not available you can't use car. Especially elder people.
7) if you want to go outstation by train, bus or aeroplane you have to use ola/uber to drop you. Own car won't help.
8) business people get depreciation benifit in income tax which needs to be considered
9) ola/uber is a great concept based on sharing model. It reduces number of vehicles on the road reducing road congestion. We have small roads in India and mostly poor public transport. Hope to see more growth in coming future.
Thanks for sharing additional points. Most of them are simple logic but still someone had to sum them up. Appreciate your efforts.
Adding
- Comfort
- Convinience and
- Safety
नमस्ते मुकुल जी... आपको पिछले 2 ya 3 महीने से सुन रहे है हम... sir i work in my restaurant and i have had very poor background of accounts or finance... i really want to thank you for all ur contribution in this field... ur way of explaining things is very easy to understand as an listen... आपने काफी concepts clear किए है मेरे.. बहुत मज़ा आता है अपकी stories and examples सुन के.. waheguru ji आपको खूब success दे.. many thanks sir.. cheers
Very well researched, this channel is so underrated
Thank you for your kind words Saurabh 😊
Abhi mere friend group mein 2 logon ne Thunderbird Li..maine bhi Thunderbird Lene ki Sochi..fir mujhe pata chala uski running cost Jada h...Maine 80k ki bike le Li or 1L invest kar diya
Driver issue is a very important point. That should be included in the fixed cost. Even if one can drive, time is the most expensive asset.
Nice video... thanks for these informations. As a stuDent I don't have to think much about this now. But definitely will need one day. ❤
Thankyou Sagar 😊
rural area walo ko own sahi h
or urban me ola uber thik h
Yes, it depends a lot on location and circumstances.
Realme ulta ha india me
Correct.
Right
Bhai rural area mein toa aur bhi accha hai aur taxi bhi bahooooooooooooot sasti hain mere idhar 11 rupey pr kilometre rate hai aur wo bhi Bolero ka yr
With Ola and Uber there is a lot of surge charge and in my experience, cabs mostly take 5 to 10+ minutes to reach the location and there is the major issue of instructing driver and finding the car.
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
@@BJPaladiya 12% dega kom
@@fxi3739 index fund bro, or jruri nai he ki 12% hi mile 8% bhi mil gya to vo bhi faida hi he na 48000 firbhi bn jayega dost
These videos are the most helpful for bachelors like myself looking to invest wisely in the future. Thank you, Asset Yogi.
I hope this will be helpful :)
I came across your channel yesterday. And I am really impressed the way you cover all major points in your analysis. Commendable work.
If you have old age parents and new born baby at home then Own car makes sense...during this phase of life they need this comfort to travel hospital or nearby places frequently. Also in Rain own car is better for old age n new born baby.
OLA/UBER can't be considered as primary option. They may be a secondary option. Don't forget about crime committed against women by cab drivers. But in the end, it all depends on daily/monthly running. BTW there is saying in hindi 'Apni gaadi ka to maja hi kuch aur hai'
These saying in hindi is the reason people overspend and are left with no money when they get old.
Buying used car is the best option if you dont travel much.
@@akshay9463 if you live in delhi then 3 lakh ki gadi lelo or kuch saal chalao or bech do. Tab tak invest karo fd wagerah me or jab pase ho jae to nayi le lo.
@@asifs5051 FD mein kon invest karta hai 😂Mutual Fund sahi hai
Mutual funds give low return as compared to FD in long term
you missed one point i.e. Social Status & Satisfaction that comes with your own CAR.
This video is targeting people with low income group.
If you are rich buy Jaguar. Bmw. Who cares
If a person is rich, he will definitely buy a car no matter what the video says.
Ambani adani are not watching video here.
You are doing nice social awareness mukulji..
@@Thereisawaytogo
Low income class cannot afford a 15rs per km chauffeur driven ride on a daily basis. They prefer subsidized public transport ,ola uber is used by upper middle class. Try once using ola on daily basis n you understand.
If every one will depend on ola uber, then company will increase the price
If Ola increase price, more companies will come in market
You can always buy car
na dost dusri company isme enter kregi to fir....
jha jyada munafa vha competition aahi jayega
Then buy your own car
if you have car than you know driving and its very useful. and you got technical knowledge that helps you much.
Thanks 😊
@@AssetYogi by knowing driving you can take anyone's car and it's also helpful in emergency conditions.
Need a refresher of this video for 2022, Ola Uber are now charging insanely high price for cabs.
Kindly help us make the informed decision in 2022
Thank you sir bahut badiya explain kara aapne..
Dhanyawad 😊
What about intercity travel
Social status
Family picnic
Personal time with family while long drives
All time availability for rural areas
Try out ZoomCar..!!
Bhai... Tum family picnic pe jate hi 6 months me 1-2 baar... Uss time bhi tum car hire kar sakte ho, jisme shayad space & comfort bhi jyada ho... Family Picnic me mostly XUV500 type cars bahot kam ati hai... Comfortable Journey for all 7 passengers...
Rahi baat social Status ki... Uske liye yeh video Jarur. dekh lena 👇🏻 th-cam.com/video/f5KEAM2IacY/w-d-xo.html
@@aniketkhambayatkar5314 😁😂 bohot Hard
Bhai dil jit liya....bahut badhiya....
My fav channel
When rain heavily..no uber no ola ..all busy ..even if you get .it will be 2x of fare..
There some areas outerskirr where no ola no uber...
Get a second-hand bike for emergency
(Like taxi-strike, bus strike etc)
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
@@BJPaladiya automobile industry is unstable
And now wrong parking in Mumbai will cost 25k fine (even for parking where there is no "no parking" symbol )
bilkul correct. aur bhai ye india hai. yahan par blindly dusre aadmi pe depend nahi kar sakte. i remember i had to go urgently to office one day and there was no car around. later came to know about ola/uber strike.
I agree Bro.Sometimes Ola drivers refused to Go in Particular area .I have faced this issue 2 or 3 times
Thnxx sir for your advice.
Cycle buy kar liya .
I am a big fan.
Thank you sir for receive my request.
I am very happy to watch this video.
I am grateful to you. 😊
Hope it helps and thank you so much for your kind words Subhsir 😊
@@AssetYogi
Welcome Sir...😊
Sir Please tell me how could I grow my financial knowledge like you.
Please 😖
I mean books or something like that.
Superb analysis and presentation. The other qualitative factor to consider is the status of having your own car vs. ola/uber.
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
Even if u hv a car..option of ola/Uber is available. If u go to some place where parking issues are there etc then these can be availed. But a personal car is must.
Ola uber is not at all reliable
Ever tried booking cab during peak hours?How much is surge in fare ?How much time driver takes to pickup?
Rejection rate by drivers is also high is ola uber, Sorry Ola Uber can be secondary option .Personal vehicle is mandatory
true. I was going to specially point out the rejection rate. During night if we have to book cab they just cancel it!
Then bike or get in colleagues car
Superb Analysis Sir.. I work as Data or Quantitative Analyst however its difficult for me as well to breakdown the costs into such simple fashion. Your quantitative skills are superb Sir.. Learnt a lot from you..
I think...for long drives like more than 100km... person car is better as in this case ola/uber charges are more comparing to cost of drive in person car
Nirmala Sitaraman must have watched this video for blaming the millennial for not buy car! Your information is very good and helpful!
You saved my money....I was about to buy....but now canceled...thanks
😊👍
Buy if you need not buy to show .....
Nice video sir but you have missed out one major point of opportunity cost for not buying car....6lakhs investment can give you almost double return in 15 years...And this can reduce almost half of cost if we choose renting of ola/uber..I believe this shall be prime reason for not buying car...Because once you spend money of 6 lakhs in buying car it would be sunk cost...isn't it?
बहुत अच्छा लगा वीडियो।
Thank you । इसका इंतेज़ार था।
धन्यवाद 😊
I bought 2nd hand Hyundai accent GLE 2008 single owner with all basic amenity, and a great build quality, I spent only 8k for interiors reconditioning. I spend 2k for fuel every month since I drive only 300 kms per month. I don't have to spend a fortune maintain it since spare parts are dirt cheap. I pay only 2k as EMI since I took a personal loan to buy the car at 10.9% interest. So overall I spend 4k in month and that too my company pays me 4.4k for fuel allowances so summing it up I drive for free.
Parking fee bhi add karna chahiye. Villages me issue nahi hai, par cities me parking ka cost kaafi hota hai.
Incorrect Ola Uber cost. It comes to about Rs. 20 per KM
fir to bai ghaate ka sauda hai
@Kaliprasanna Pattnaik 😮
@@cartoonista2019 Rates started with Rs. 9, but now are just a rupee less than 21 of Kali peeli. This video needed more research.
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
Also if your car running more that means you are spending more on fuel. However in ola and uber charges are fixed
You have made a very detailed and in depth research. In fact all your videos give an in depth knowledge of all the topics. Keep up the good work sir.
PLEASE MAKE A VIDEO ON.. how to achieve FINANCIAL INDEPENDENCE.. how SWP works.. how to improve PASSIVE INCOME SOURCES..
Noted your suggestion for future videos.
Very good explanation.
Shows your diligence.
The investment of 6 Lakh rs has not been considered in Ola/uber scenario. Rest the video is superb!
You missed one point, if we relocate to another city in india we need to pay RTA charges of that particular state in case of own car. And nowadays we are not sure about for how many years we will stay in one particular city. If we move out of india then it is completely different case.
3 years later, the service has deteriorated. You’ll get one only after 7-8 cancellations and after 40-45 minutes
Sir
ismein ek point shyad miss huwa hai woh
Agar accident hoga koi agar injured ya death huva toh kanooni jhamele se bach jate hai in ola & uber case
Main jyada waqt pune & mumbai city mein hi nikalta hoon ola uber ka hi use karna chahiye ya cycle jazoori hai isse polkution bhi nahi hoga aur paisa bhi bachega..
Very nice video sir ..finaly aapne meri baat maan hi li ..thank you so much & sir video on demand me aap name bhi bataya kijiye ga isse hame bhi motivation milta ..kariye Maja aayega
😊 thank you for support
This is one practical video which factors in each and everything possible. Please make some videos for people who are new in real estate and what is developer builder partnership..
Lastly, it would be amazing if you could tell how to save property from kabza and other legal complications from mischievous elements! Please! Thank you in advance!
I already have many videos related to real estate to help who are new to real estate, you can look for the different playlists in the channel's playlist section and noted your other suggestions for future videos.
th-cam.com/channels/sNxHPbaCWL1tKw2hxGQD6g.htmlplaylists
Superbly covered all the cases which will definitely help to take a conscious decision. Keep up the good work sir !!!!!!!
Thanks for appreciation Toshikh :)
Thanks Asset Yogi.. I think you should include surge in your calculations. On an average surge should be take as 1.35 to 1.45
Hope it helps and thank you for your suggestion Kethan 😊
Great video sir,
I want to add some more points.
It is good to use Ola Uber saves money on buying car and also on parking space, maintenance, driver.
Also in country where people doesn't have place for shelter, to walk freely on footpaths and traffic jam for public transportation and at other side we use lot of space for private car parking. So it is good if number of private vehicles get reduced.
Also it is good for environment as it reduce pollution due to traffic by some percentage and saves resources in making of car.
In residential societies car parking is one of the reason for no space to play kids and plant trees as space is concretise for parking purpose which also affects rain water absorption affecting groundwater in cities.
Very Nice comparison.. Totally liked it 👍👍
Grt video......
But Yogi bhai .....you have missed considering the EMOTIONAL factor of being KHUDAKI GAADI .....and prestige factor too.
I will buy all points you discussed but not without the factors mentioned above.😀😀
Grt work. Keep it up.👍😃
Thanks :)
1. Ola / uber me surge pricing hoti h. Wo consider hi ni kiya.
2. 15 sal ke liye car loan kaun deta h.
3. Good brand like Toyota ki cars ki maintenance kam hoti h and average jayada hoti h.
4. Ola /uber me waiting 30 mints bhi hoti h.
Isliye ola /uber per depend ni ker sakte.
बहुत he achi जानकारी मुकुल जी😊😊👍👍👌👌💐💐💐,पर अपनी गाड़ी तो अपनी होती है😍😍😍😍😍
Yes, car ownership creates a sense of comfort and security.
😊😊
Thanks for all nice videos.. AY should have 1M subscribers!!
Thank you. Keep supporting Vaishnavi :)
🙋
Major thing is, you haven't considered fuel cost for 500km as per Rs. 5/km.
So it should be 500x5=2500+10000
So final calculation should be 12500/500 = Rs. 25/km Not Rs. 20/km.
🤗
Thanks
well-thought qualitative factors considered.. keep it up!
Simply Awesome info. Great work
Thanks for appreciation 😊
Excellent video! Love the way you explain with numbers. Wondering what role inflation might play in this comparison since we are considering a long tenure of 15 years? 🤔
That's countered by maintainance cost.
One point you missed. If you have a motorcycle/scooter and a car, then your car can be used by multiple member of your family viz wife , father etc. But ola uber will charge each and every member of your family each time they go out.
Pets are not allowed in most of Cab services with owners. for this case Personal car is better option to have.
Sir if I travel 2 or 3 times a week then ola, Uber is the best option. Sharing is always the best one it saves lot of money. But if we purchase our own car we pay in Lakhs which is a huge cost, plus parking charges, maintiance, petrol, car towing, breakdown, scratches, accident cost, insurance, driver cost, any unknown expenses, wrong parking charges, car is submerged during heavy rain...but owning your car makes you feel comfortable while travelling..
Kindly do analysis for apartment buying when customer monthly salary 40000/- per month. How to choose best budget flats when my present salary 40k per month and I can able to pay home loan without failing premium.
If you are calculating maintenance and fuel charges then simply you should not buy a car..opt for ola uber or two wheeler like scooty etc. Buying a car is not worth it in any of the metros as you won't be able to drive it around due to crowd and parking problems. you will have to wait for an hour to park in a Mall on weekend, there are not enough road side parking.
Only use of car for you will be going out of town tours.
Parking,agar accident Ho Gaya to uska pura phaccha . Buying car is not logical if you are living in big cities.
Per km price is never less than 25/km and then comes the base fare or surge pricing and waiting /traffic costs.
Agar corona nahi hota toh mai khud ki gaadi leni ki sochta bhi nahi. But to maintain social distancing, it is much needed now.
just day's after Bindra's video! indeed an informational one
That's a coincidence. This one is a follow up on my previous video :)
as per my point of view one small car at least like a nano is essential for emergency purpose other than that it is an individual choice after all
I have two cars and one among them is Nano, and on my emergencies only nano came to serve as nano is parked outside my house so i never bothered to pull out my big car from house. I just came out from my house and goes away on nano. 😀. 2nd car is only for my satisfaction
Thanks, you have noted my topic. Please you will cover all related risks and benefits of HEDGE FUND in detail.
My logic buy a car when money is not a matter never take a loan for a car unless it's just for formality and tax concerns !
I would rather suggest to do opposite. Never invest your money in car. Take maximum possible loan and invest your money to earn more than the interest rate.
please explain about SWP.. how to get financial independence.. how to get monthly income from mutual fund corpus.. better investment options
Hi Mukul...in the first 5 yrs no body actually faces an issue..as u said AC repair and all...plus tyre change is required once in 5 years which cannot be considered every year. For the first 3 years maintenance fixed cost cannot be 15 k. Plus 6 lakh car of a petrol version is 15 years, and shall not be assumed to be sold in 3 years with 50 percente depreciation....
I do like your channel and all are videos are informative, but this one is little ambiug .
Not practical calculation, maintenance 15k/year for 6L car, not at all. FordEcoSport get serviced in less than 5k and in year we have to do service 2 times. And we can't depend Ola/Ubar for our daily drive. And what about urgency?
Only one factor I see to buy your own car. I can share my story, my 4 years old daughter was very sick and crying bcoz of stomach pain at 2 Am in night and it was very heavily raining and I was coordinating with ola uber drivers to go to hospital. Every one was keep on cancelling the rides. I was feeling very helpless that night. My daughter and wife were waiting for me.
My suggestion for everyone, if your budget supports, buy a new brand car no matter how small it is, keep it maintained with care for 10-11 years. Emergency comes without notice
I hope your daughter is well now, Please do take care. A human life is more important than considering liability or 12% guaranteed investment returns. Money we can steal, Life we cannot.
@@utkarshrathod9522 nicely said brother. Everything is fine now
You should also consider driver expenses in owning a car , because with Ola Uber we are getting car with drivers
And time is money
And driving in the same location daily is boring
Yogi ji aap ek chart bna do 6 lakh 7 lakh 8 lakh 12 lakh wali gari ko per day kitna km chalaoge to better hoga apna car lene me...
Apni Gadi se. Pickup and drop ka issu rehta hai. Koi mangle to mana b Nahi kar sakte. Traffic ka bahot dikkat hai. Sabse jada....
Thanks for making this video, however my friend the rate per km for ola/ober considered here is incorrect, the pricing is nothing less 20 per km and can go even more higher for peak hour travel.
The other thing which is wrongly assumed here, that more than 15 year old car will fetch zero valuation.
For me it still makes sense to buy car
Awesome explanation. Thanks for confirming.
Hope it helps you Vikas
Bhai Maine to video dekhne se pahle like kar diya pta hain ye video ka content bahut Acha hoga
Thank you it means a lot 😊
@@AssetYogi your welcome sir
Bahut badiya .. Shandar..👍
Hope it helps:)
Thank you Tarun 😊
You forgot to mention the social status of own car. I suggest all in all use both for cost effective way. That means mix.
JAGADEESH SAKURU sir covered that point in the previous car video: th-cam.com/video/6GiyZ8hd85o/w-d-xo.html
Good insights. Cab pricing is usually fluctuating n thus frustrating. Also, Over 5 yrs Ola wont stick to 15/km.
Petrol price too will increase
Very well articulated sir. 👍
Thank you
Very Good Calculation................ Excellent.....
Own car is good bcz ola and uber always ready to take high rate in night time or monsoon season...too much high rate ..also create problem in pick hours
Thank you for sharing your opinion with the community Ankit 😊
sir ek bat reh gai isme...
agr hmne 6 lakh rupiye invest kiye or usme se 12% bhi return aaye to sal ka 72000 ye bhi ginna chahiye hmko i think....
ola uber me hme koi jyada paise ki jrurt to he nai man lijiye 6 lakh ke 12% annual byaj pe hi ola uber chl jayegi na......!
Please make videos on Agriculture Loans and various government subsidy schemes
Some times driver denies duty. Rude behaviour. Non availability at odd times push to buy own car
Yes. These points are also important.
@@AssetYogi as sometimes they rape as well
If u go outstation for few days u can park without paying to driver
@@AssetYogi you should consider dynamic pricing of ola/uber
You forgot cab is environment friendly plus less private car less traffic jam.
You call cab environment friendly these cabs are not well maintained and secondly if you see most of the cabs have one person sitting only some do share cab
I agree with you buddy. In Bangalore I have observed ,, if a single person want to daily commute to his/her office they come in Car instead of using Bike. Majority of cars will have single occupant . Government should look into this issue. This is the major concern for traffic Jam in Bangalore. Later they start complaining about Traffic issues in Bangalore.
Thank you very much.worth watching.
Glad you enjoyed it
Maintenance ma society ke monthly parking charges bhi add hona chaye
I like your videos and watch them on routine basis. But in this case, there are too many assumptions. There are many confounding factors that have not been covered for e.g. some people get their traveling expenses reimbursed or the company gives travel allowances based on one's post. Also the cost of ola/uber keep fluctuating as per demands.
Sir, pls ek video iss pe bhi banao ki agar ham apni car jb use na ho rhi ho to rent pe de skte hai....
Awesome explain sir thank you so much......
Logical and full of information
Thank you Shobhit 😊
Sach kahu to Bangalore/Delhi jaisi jagaho kiye nahi but small Town mein yes.
very good demonstration (Y)
Thanks Priyankar :)
Bhaiya mera kaam h electronics ka 25-30 hazar month k kmata hu abhi second hand bike chalata hu 22 hazar ki li thi mene wo week me 3-4 baar family ko leke jaata hu to ola uber kr leta hu
APNI GYAN AAP SHARE KARTE HO MEI AAPKI SARI KNOWLEDGEBLE VIDEO DHEKTA HU...
Glad to know and thank you for your kind words Sushil 😊
Very informative 👏
Glad you liked it
Apki videos informative Hoti hain. Thanks for guidance.
But sir rural area me I think own car is best.
Apple to 🍎 comparison, Good...