A lot of the viewers would be in the age range of 24-30, who might not have owned any car till now. What should be the checklist for a person in mid to late 20s for buying their first car? Divide them into bucket of personalities vs income vs family size vs lifestyle (long travel plans or mostly weekend party scenes) to cover more broad variety of people. I think everyone would love this kind of detailed video. I know I would! ❤
This might sound odd-if you in this age group you should give it an year or two worth of savings and buy a car a higher segment that you are comfortable with(if first car) as these are peak growth years and you will be outgrow your salary in next few years and will be out again to shop. I bought a s-cross base variant when i was 25 and by 27 my salary after jumps went up by 40% and my was not good enough for me.
@@pathikkandhari Your strategy doesn't sound odd to me. Makes a lot of sense to wait it out if someone wants to upgrade the segment itself. I work in tech and salary goes up 20-30% every year. So, in 2 years time with a job switch you can 2x your salary with some hardwork which changes the entire equation of what you can own / like to own. Although, if someone wants to stay in entry level segment (
@@pathikkandhari Your peak growth years means - it is your time to grow financially and in terms of your career - not in terms of your lifestyle. Do not over leverage yourself and your salary and something you have (peace of mind) for something you dont need . Save up , invest prudently for a few years and get a much much higher car than these when you can very comfortably afford that . And sorry if i sound like a snob or car hater - this is coming from someone who has a BMW, a Mercedes and is going to buy their next BMW soon . No hate here , just gave my 2cents based on my little financial knowledge .
@@vishalvijayaregu2223 thanks for all gyan but we dont need more warikoos in life..and i am talking about car buyers who are buying their 1st or second car rather buying a i20 is that suits thr budget better to save another year and may be buy a next segment and about investing i think in this age you should be already investing and this car fund is seperate from it. Lastly this can only come from someone who has a BMW or MERC as they don’t understand what middle class means and what is the value of car for a mid 20’s person.its your peak years for life as well you travel make friends date and sorry you cant do all that on an auto or bus. Life is about balance investing is imp so is living the moment. No point of buying a BMW when you are 45,all i asked was don’t hurry into a decision on for car if you just started working wait 2 years understand your growth and then buy a car as between 23-28 you are open to change jobs have least responsibilities in most of cases so dont buy a car that you regret in 2 years
I have been following this series, I was however surprised to see jump from under 10 lacs directly to luxury range. I was actually hoping for the 15 lacs range cars. My suggestion for next video would be window shop 7 seater SUV cars, as there are a lot of new cars available around 20 lacs and people who cannot afford buying a new car would want to explore the used car market to see a perfect fit within their budget.
Regarding Jeep compass. Sometimes people just don't care too much about how much they are getting or they don't know what to price when listing. I have also seen some other listings and write approx price. Also when people are moving abroad they just want to sell everything
It's very difficult to reregister a car from a different state into Maharashtra. Its a gray area, you can drive it around town, but the legalities are questionable. I've also heard that traffic cops do harass out of state registered cars.
Could you guys create an excel sheet for the ideal price calculation based on the ex-showroom price of any car. Maybe we could add the year + owner + transmission + kms driven etc and then give a ball park price for a city. This would help a lot of us here including myself. Thanks for the wonderful video though! Looking forward to more. Maybe you could try with a class of car - SUV, Sedan, Hatchback etc.
2:00 The car was initially launched at ₹43 lakhs, and the depreciation is being calculated based on this amount. However, it’s important to note that the model likely had multiple variants with varying price points. Shouldn't these differences also be taken into account when calculating depreciation???
Edit: the Jeep is sold already 😅 For those interested in exploring the deal of the day at the end of the episode, drop your details below! docs.google.com/forms/d/e/1FAIpQLSe83dpZ2DVntYTJDSSwDUSMrq_h-FkdD4f__9eD9tezTk_RlQ/viewform?usp=sf_link
Should definitely cover the BMW 360 "Buyback" plan and the Mercedes Star Agility Plus "Buyback" plan. Under quotes because it's not BMW buying the car but actually the other way around, if im not wrong.
While I agree with your logic of depreciation, you should also consider today's prices which has increased drastically plus the increased demand for used cars so you might need to add fees lakhs for luxury cars and 1-2 lks for 10-20 lk used cars to calculate today's fair price/value of these cars
But we can clearly see that the prices are way above this fair price/value especially in Bangalore 😉 So if you have decent knowledge of cars just skip buying from and selling yo Spinny as their margins are pretty steep with no negotiation of more than 5-10 k which makes absolutely no sense
5:18 sorry but all german cars have alot of rubber bushes and parts which age over time and have to be replaced. Its a 2018 car out of warranty not worth more than 25 lakh anyday it is 2 gen old car.i can give in writing this car was bought at 22-23 lakh from owner
It's possible that Land Rover prices were higher before they started manufacturing vehicles in India. The dealer might have used this previous, higher price as a reference point when listing the vehicle.
you guys recording the video on mobile..? the video seems off even in 1080..! would be good if you can bump the quality to 2k or 4k or atleast high bitrate..!🤞
Y'all are just applying some straight line depreciation and calling it a day. Imho, these calculations are only on paper and hard to apply to real life. There are market factors that drive up/down the prices of some manufacters. There's also supply demand factors to account for. End of the day, a car is worth what someone is willing to pay for it. If the car is in immaculate condition, no harm in paying what it's worth. Even if it doesn't agree with your mathematics.
Can you tell me if Merc b180 or A180 is a good option ? If someone is looking for 2nd luxury car or one should just go for a jeep compass Škoda khusaq etc that comes in that range (budget ) Btw love these videos finding good deals n discussing it with friends is one of the most fun things to do
A180 has low ground clearance but its definitely a car you should choose if you are only a family of 2 and are looking for car which would be used extensively as mileage this car offers is great for the price. It offers mileage of 17-19kmpl. But rear seats leg room is deal breaker.
Hi Pranaya, I had an offer for a Honda city (VX Petrol MT) from my relative, originally purchased at 15.78 lakhs on road 1.3 years back. It drove for 20k till date. What will be the good price for it
Hey, first of all that BMW 530i m sport is not from MUMBAI the ad is just placed for mumbai anyone can do that. The car is with fusion cars DELHI NCR based pre-owned dealer. And DD registration is because its just 3% there.
Hey Pranay, thank you for bringing us great content on getting the most bang for our buck on high ticket items. If you could look at some cars for first time car buyers for around 5-7 lakhs, it would help a lot of us. I personally am searching for a 5-7 year old Automatic Ford Ecosport in Ahmedabad with an intension to buy in the next 6-12 months.
The more time it spends in Spinny garage or any place more can be the wear and tear because I have seen those idiots drive the car in a crazy way at multiple outlets so better to go with a car that has spent less time with staff of second hand dealers
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A lot of the viewers would be in the age range of 24-30, who might not have owned any car till now. What should be the checklist for a person in mid to late 20s for buying their first car? Divide them into bucket of personalities vs income vs family size vs lifestyle (long travel plans or mostly weekend party scenes) to cover more broad variety of people. I think everyone would love this kind of detailed video. I know I would! ❤
Hear hear
This might sound odd-if you in this age group you should give it an year or two worth of savings and buy a car a higher segment that you are comfortable with(if first car) as these are peak growth years and you will be outgrow your salary in next few years and will be out again to shop.
I bought a s-cross base variant when i was 25 and by 27 my salary after jumps went up by 40% and my was not good enough for me.
@@pathikkandhari Your strategy doesn't sound odd to me. Makes a lot of sense to wait it out if someone wants to upgrade the segment itself. I work in tech and salary goes up 20-30% every year. So, in 2 years time with a job switch you can 2x your salary with some hardwork which changes the entire equation of what you can own / like to own.
Although, if someone wants to stay in entry level segment (
@@pathikkandhari
Your peak growth years means - it is your time to grow financially and in terms of your career - not in terms of your lifestyle.
Do not over leverage yourself and your salary and something you have (peace of mind) for something you dont need .
Save up , invest prudently for a few years and get a much much higher car than these when you can very comfortably afford that .
And sorry if i sound like a snob or car hater - this is coming from someone who has a BMW, a Mercedes and is going to buy their next BMW soon .
No hate here , just gave my 2cents based on my little financial knowledge .
@@vishalvijayaregu2223 thanks for all gyan but we dont need more warikoos in life..and i am talking about car buyers who are buying their 1st or second car rather buying a i20 is that suits thr budget better to save another year and may be buy a next segment and about investing i think in this age you should be already investing and this car fund is seperate from it.
Lastly this can only come from someone who has a BMW or MERC as they don’t understand what middle class means and what is the value of car for a mid 20’s person.its your peak years for life as well you travel make friends date and sorry you cant do all that on an auto or bus.
Life is about balance investing is imp so is living the moment.
No point of buying a BMW when you are 45,all i asked was don’t hurry into a decision on for car if you just started working wait 2 years understand your growth and then buy a car as between 23-28 you are open to change jobs have least responsibilities in most of cases so dont buy a car that you regret in 2 years
Please do make a video of the buy-back option which luxury cars offer! Would be certainly interested
Noted, thanks!
BMW does buy back it’s called the 360 degree plan
I have been following this series, I was however surprised to see jump from under 10 lacs directly to luxury range. I was actually hoping for the 15 lacs range cars. My suggestion for next video would be window shop 7 seater SUV cars, as there are a lot of new cars available around 20 lacs and people who cannot afford buying a new car would want to explore the used car market to see a perfect fit within their budget.
Good idea, thanks for sharing
@@pranayk37 regarding jeep please confirm whether its a petrol or diesel. I think that will help clear the doubts creeping in.
Please do the BuyBack Video
Regarding Jeep compass. Sometimes people just don't care too much about how much they are getting or they don't know what to price when listing.
I have also seen some other listings and write approx price.
Also when people are moving abroad they just want to sell everything
Keep these videos coming! Love this series.
It's very difficult to reregister a car from a different state into Maharashtra. Its a gray area, you can drive it around town, but the legalities are questionable. I've also heard that traffic cops do harass out of state registered cars.
Thanks for sharing
Yes and this is one of the reason for the new BH registration
Could you guys create an excel sheet for the ideal price calculation based on the ex-showroom price of any car. Maybe we could add the year + owner + transmission + kms driven etc and then give a ball park price for a city. This would help a lot of us here including myself. Thanks for the wonderful video though! Looking forward to more.
Maybe you could try with a class of car - SUV, Sedan, Hatchback etc.
DD RTO charges were significantly lower in 2021, almost upto 8L lower.
Considering that, these calculations go completely out of whack
What' the scene with buying EV car for city usage? Can we try finding a used car deal or better to get new one?
11:53 Yes. Make the video
+1
8:29 100% agree...the last good-looking 5 series
♥️
Need a video on buyback, consider all aspects i think only bmw and mercedes have this plan let us know if other brands do this as well
Audi too
@pranayk37 ohh please cover audi in detail then i was unable to find proper info about audi on their website.
2:00 The car was initially launched at ₹43 lakhs, and the depreciation is being calculated based on this amount. However, it’s important to note that the model likely had multiple variants with varying price points. Shouldn't these differences also be taken into account when calculating depreciation???
Edit: the Jeep is sold already 😅
For those interested in exploring the deal of the day at the end of the episode, drop your details below!
docs.google.com/forms/d/e/1FAIpQLSe83dpZ2DVntYTJDSSwDUSMrq_h-FkdD4f__9eD9tezTk_RlQ/viewform?usp=sf_link
Review Volvos bro. They are underrated and we would love to have your take on this
Should definitely cover the BMW 360 "Buyback" plan and the Mercedes Star Agility Plus "Buyback" plan. Under quotes because it's not BMW buying the car but actually the other way around, if im not wrong.
i wish honda would relaunch accord and civic
While I agree with your logic of depreciation, you should also consider today's prices which has increased drastically plus the increased demand for used cars so you might need to add fees lakhs for luxury cars and 1-2 lks for 10-20 lk used cars to calculate today's fair price/value of these cars
But we can clearly see that the prices are way above this fair price/value especially in Bangalore 😉
So if you have decent knowledge of cars just skip buying from and selling yo Spinny as their margins are pretty steep with no negotiation of more than 5-10 k which makes absolutely no sense
Please do make a video on what we should look for when inspecting a used car physically/ taking it to a workshop to get it checked before buying
Hey any plans on making a video on “first car”?
Thanks for the suggestion
I'm from Mumbai, jeep compass seems a good deal !! but I have a question how to check for all the details /checks before buying 2nd hand car.
Good job. One on Fortuners please
Idk from where you got your numbers but DD registration is around 5%
5:18 sorry but all german cars have alot of rubber bushes and parts which age over time and have to be replaced.
Its a 2018 car out of warranty not worth more than 25 lakh anyday it is 2 gen old car.i can give in writing this car was bought at 22-23 lakh from owner
Pls do a video on legendary cars: Toyota Camry, Toyota Land Cruiser
Do a vintage car version. Great concept keep going.
It's possible that Land Rover prices were higher before they started manufacturing vehicles in India. The dealer might have used this previous, higher price as a reference point when listing the vehicle.
Even then it doesn't make sense 😔
Bro.. Was waiting for your video.. mereko laga bhool gaye upload karna.. 😅
Delayed because of how bad the internet at Taj Goa is
you guys recording the video on mobile..? the video seems off even in 1080..! would be good if you can bump the quality to 2k or 4k or atleast high bitrate..!🤞
Thanks for your feedback
Y'all are just applying some straight line depreciation and calling it a day. Imho, these calculations are only on paper and hard to apply to real life.
There are market factors that drive up/down the prices of some manufacters.
There's also supply demand factors to account for.
End of the day, a car is worth what someone is willing to pay for it. If the car is in immaculate condition, no harm in paying what it's worth. Even if it doesn't agree with your mathematics.
Can you tell me if Merc b180 or A180 is a good option ? If someone is looking for 2nd luxury car or one should just go for a jeep compass Škoda khusaq etc that comes in that range (budget )
Btw love these videos finding good deals n discussing it with friends is one of the most fun things to do
A180 has low ground clearance but its definitely a car you should choose if you are only a family of 2 and are looking for car which would be used extensively as mileage this car offers is great for the price. It offers mileage of 17-19kmpl. But rear seats leg room is deal breaker.
Great Video.
Just a suggestion, the video and screen sharing quality not good so we cant see the cars properly.
Would love to see the buyback deepdive video
Make a video on buyback plan
Please make that video about different options available on Mercedes website with and without buyback and agility plans
Coming up soon.. please press the bell icon so you get notified
Does it make sense to buy when the local bmw, audi showroom guyz are selling pre owned certified cars? Is it better or no difference?
Will have to evaluate on a case by case basis
@@pranayk37 yes, pl try and make a video about it. They generally offer service packages too. But dont know the exact reality of it.
is it worth buying 10 to 15 years old luxury cars ?
Hi Pranaya, I had an offer for a Honda city (VX Petrol MT) from my relative, originally purchased at 15.78 lakhs on road 1.3 years back. It drove for 20k till date. What will be the good price for it
12.5-13lacs
Buy back video would be nice
Pls so video on buy back finance options
Please do a video on buyback option as well
Hey, first of all that BMW 530i m sport is not from MUMBAI the ad is just placed for mumbai anyone can do that. The car is with fusion cars DELHI NCR based pre-owned dealer. And DD registration is because its just 3% there.
Was waiting for new episode
Wish bangalore also had good deals. Bangaloreans are better off buying new cars with highest tax in India
Hey Pranay, thank you for bringing us great content on getting the most bang for our buck on high ticket items. If you could look at some cars for first time car buyers for around 5-7 lakhs, it would help a lot of us. I personally am searching for a 5-7 year old Automatic Ford Ecosport in Ahmedabad with an intension to buy in the next 6-12 months.
Ok sure. Will consider
Great video as always. Also what was that sponsored segment XD
Which sponsored segment?
@@pranayk37 Zerodha. It looked funny XD
Please cover subscription based cars
please cover the loan part please
Need Bengaluru part 2
We’ll cover it as a part of an upcoming video
DD IS NEVER CALCULATED ON EX SHOWROOM PRICE IT IS CALCULATED ON FACTORY PRICE
The car was brought at 6000000 with registration and cess is not calculated on DD registration
There was a normal discount on the car which was 500000 to 700000 lacks after some time
Thanks for sharing
Defenders are super unreliable 😂
Heard they've improved on that. Know of a few owners who haven't faced any issues in 2-3 years of ownership
Pranay, car ke pehle watch.
😂
The more time it spends in Spinny garage or any place more can be the wear and tear because I have seen those idiots drive the car in a crazy way at multiple outlets so better to go with a car that has spent less time with staff of second hand dealers
Make a video on buy back
Stay away from DD registration they are bit sketchy to buy
Thanks for sharing
Evaluate the buy back
idk taigun tiguan seems the same
Lessgo
You guys should start a PDI company
😂
How much money you have sasta jason Statham?
Day 10938 for ev vehicles 😅
Buyback
🙌🫡