Buying a Car v/Hire a Cab:A superb Analysis

Buying a Car v/s *Hire a Cab*:A superb Analysis

Any car  in india cost atleast *Rs 6,00,000*
Scrap value after six year  -    *Rs 1,00,000*
Net amount goes in effective
Life of six year                          *Rs  5,00,000*
Nos of days of six yr is *2200* days

So *Rs. 5,00,000/2200*       = *Rs.   230*/day
Yearly insu Rs 15000*       = *Rs   41*/day
Daily petrol      minimum   = *Rs    100*/Day
After every 3 yr tyre &
Battery change charge
*Rs 25,000*  i.e.                      = *Rs. 23*/day
Yearly maintanance of
Car *Rs 9000* i.e                    = *Rs  25*/day
If driver employed ( bcas)
Hire a cabe comes with a driver   =*Rs 300*/day
Plus interest loss on
Car buying amount
*@8%* on *Rs 6,00,000           = Rs 131*/day
So total daily exp is
After buying new car         = *Rs 850/*= per one day.

So friends untill you pay *Rs 850* daily to hire a cab you are effectively in gain travelling in rental car.

*OLA / UBER* now available

*Above all driving cars on Indian roads is full of risks and Mental tension/BP*

*Make use of METRO wherever available*

If u agree share for the benefits of all.

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