BubblyBurrito

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

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.

21mo ago

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WobblyPotato

Nvidia21mo

Me and my wife were making 2.5L/month post taxes when we purchased my car. Expenses would be about 75k/month. I do not like loans. We paid the full value (~7L).

Have you decided the kind of car you need? Coupe, sedan, SUV? Look at safety features in addition to resale value and maintenance costs. I didn't spend an additional amount on Android screen etc. I purchased the variant with sensors, I think 4 airbags, good ncap rating and good suspension.

SqueakyCoconut

Porter21mo

So combined both 5L/pm or 2.5L/pm?

SwirlyPotato

Stealth21mo

Car is a lifestyle choice. We bought our first car worth 7L when our combined earning was just 10LPA before tax. Now we have a suv - 27L. My brother bought his first car worth 6L when he was earning 26 lpa + wife 12 lpa.

Buy depending on how frequently you travel. We do all our vacations by self drive and hence wanted a good car.

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Curated from across

Misc21mo

by ZippyMochiInMobi

What car do y’all drive? 🏎️

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?

Top comments

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

Naveen sir? I personally drive a Polo, but recommend Maybach for you

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Adulting11mo

by SquishyWaffleIBM

First Car Advice: Financing

Hi everyone, I am a new professional in the workplace (~2 years), and for my own independence and various other factors, I need to buy my own car. I already know the basic specifics of my car choice; I know which car model + variant to b...