Wednesday, October 20, 2021

Cost of having a car , Not just EMI

And lot of car owners think #EMI is the only thing that they pay as cost of having a car.

In my experience 50% of car owners travelling within city, can use kali peeli taxi, autos, ola, uber, metrocar, and such hired or rental car services and save minimum 40% of EMI outflow and if one starts sharing or pooling it, saving could be as high as 60%.

What is the primary reason to buy and own a car?

As such, not to forget, car is a depreciating asset ,meaning year or year, day by day, it's value goes down and always decreasing.

#spending #budgetingtips #financialplanning #financialfreedom

No comments: