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Calculations a middle class family should know before buying a car
Original: Middle Class Family Car 🚘 కొనేముందు తెలుసుకోవలసిన Calculation 🧑🏾💻
Takeaway
Calculate per-km running cost and depreciation against your daily commute distance before deciding to buy a car versus taking cabs.
Summary
- Discusses cost calculations for car ownership for middle class families based on daily commute.
- Compares owning a car vs alternatives like Ola/Uber based on per-km cost.
- At ~60 km/day commute, owning becomes cheaper after roughly 6 years considering depreciation.
- Suggests lower daily commute (~40 km) may favor cab services over ownership.
car buyingpersonal financebudgeting
Original description
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