> how did you finance them

With rents from people like us 🥲

Software Engineer

Fortuners in gurgaon.... all cash....you know what I mean

Founder

Bought my first Merc at 30. Paid cash, no loans. Earned it through hard work, not by begging or stealing. Next question.

Product Manager

Robotics Engineer

Folks with cars costing> 3035L, which car do you have, what age did you buy them, and how did you finance them? Like ESOPS, loans, gifts and so on. The number of BMWs, Audis and Mercs has increased...

Welcome to Personal Finance's Private Community

Folks with cars costing> 30-35L, which car do you have, what age did you buy them, and how did you finance them? Like ESOPS, loans, gifts and so on. The number of BMWs, Audis and Mercs has increased on the roads and hence curious.

Folks with cars costing> 30-35L, what age did you buy them, and how did you finance them?

Folks with cars costing> 30-35L, what age did you buy them, and how did you finance them?- Grapevine

Those who have cars worth 30L+ what do you do for living?

Growth Manager

Saw this on Twitter today. Tech Mahindra hiring graduates for 3.25 LPA and 24*7 Shift timing. I talked to various people to get an idea of their pay. 
A) A plumber lives near my house. He said he earns 2-3k daily and works for 20-25 days average. He earns 50-60k per month. 
B) Electrician earns in the same range. 

And other technicians and workers like this who are skilled earn a lot more than a software engineer. 
This is the hard reality. Students study for 16 years and pay 15-20 lacs college fees for this.

Plumbers, Electricians earn more than an average engineer.

Welcome to the real world! 
  
 At the same time, you should know electricians/plumbers add more value to the society than a “fresher” TechM shift employee. If you’ve paid college fee that should not entitle you for a high-paying job. It’s just a privilege.  
  
 Sooner you realise this, better it would be.

Business Analyst

I am considering buying a car but haven’t decided the right budget for it yet. Wanted to know how much y’ll were earning and spending on other expenses at the time when you bought your car, as well as the value of the car itself?
Additionally, if you can add the downpayment percentage, that would be like a cherry on the top.

Your monthly salary, expenses and value of car when you bought it?

Product Owner

Guys,
I have a monthly salary of 40000 rs(8 years in IT) and I am thinking about a switch and learning for it. My husband joined a company on Feb 5 and his monthly expected salary is around 65000 rs(5 years in fincrime).
We have around 5-6 lakhs debt, which we are repaying based on requirements. We are seriously thinking about buying a car as we have a 10 month old baby and travel is difficult without a good car, hence we are planning to buy kushaq ambition automatic (~18 lakhs).
We don't have money in hand thinking about taking a loan of 12 lakhs and rest by pledging gold.

Do you think we made the right decision to buy a car now. We have a 15 year old Alto now.

Is it advisable to buy a good car at this point?

Data engineer

I often see videos on YouTube regarding secondhand luxury cars under 10 lakhs and want to understand what are the hidden costs in the long run anyone bought sych cars hiw your experience with that ?

Under 10 lacs luxury car from delhi

Welcome to Gadgets & Apps's Private Community

I am planning to buy second hand luxury car like Audi Q3. Is it worth it?

Hi, we are thinking of buying a new car in Bangalore and contemplating on whether to buy in cash or on loan. Considering the traffic conditions, we only want a small car like i10 or Tiago. We do have cash on hand to buy a decent hatchback or sedan upto 10L. It will not burn all our savings for sure. However, I have seen so many people still buying on loan even though they have cash.

Would be interested in knowing what makes more sense for others. Especially want to understand if there are other benefits of loan apart from credit building. Other suggestions on car models are also welcome! TIA.

Buying a car on Cash or Loan?

Cloud Consultant

Is it worth buying 23 lakhs creta? Need suggestions please

I’m in the process of getting a car. I absolutely love cars and don’t mind splurging a bit to get a nice car.

Looking for recommendations: why did you buy it? How much did you pay? Any regrets?

Any Merc/Audi/BMW/Porsche owners here?

What car do y’all drive? 🏎️

I only ride chauffeur driven Bajaj RE-4 Compacts. And I take a new vehicle every day.  
  
 Y’all are the poor ones

Business Development Manager

Going first, for me it is my Apple Watch Ultra (with Blue Ocean Band). I paid Rs. 1.05 Lacs for it but still the best investment I have ever made

What is the most expensive thing you own?

In a country of 140 crore people, only 6.77 crore file taxes, out of which only 20 lakh people pay taxes with income over 20 lakh. 

The income tax data collected shows only 1.7 lakh people reporting income of more than Rs 1 crore in a year.

 Yet luxury brands like BMW, Jaguar, Audi, Mercedes, Porsche, and Maserati sell almost 35,000 cars every year. 

Also, 45 lakh people have incomes above Rs 10 lakh, but 25 lakh cars are bought every year. That only shows that tax evasion is soaring.

Folks with cars costing> 30-35L, what age did you buy them, and how did you finance them?

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