Buying a CAR in India? - E 37

Let's Get RICH With PATTU!

25-02-2024 • 39 mins

On this episode Pattu and Sid are joined by Deepak Mistry, an Automobile Industry veteran (currently with Audi India), and we cover:

- why Pattu was hesitant about this episode
- how Pattu moves around in Chennai !
- are Indians buying cars for utiliy or status?
- Is it time for India to control the number of cars on our roads?
- thumbrules for first time car buyers
- Pattu gives us a thumbrule for the value of your car
- Deepak counters Pattu's thumbrule !
- Pattu gives us a timely reminder about retirement !
- EMI thumbrules
- Pattu suggests a used car - but Deepak thinks a used car makes sense only if ___
- Does a 3 year EMI plan makes sense or a 7 year EMI plan ??
- What makes more financial sense - to flip your car within 3 years, or run it into the ground?!
- Environmental impact of constant churn of vehicles
- How does a first time car buyer select car insurance?
- Zero depreciation and is it important?
- An approach to maintenance and its costs
- In 2024, should you buy an EV or an ICE car?

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