15/09/2019
Scenario of a common Indian citizen
*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 insurance Rs 15000 = Rs. 41/day
Daily petrol minimum
= Rs. 100/Day
After every 3 years Tyre & Battery change charge Rs. 25,000 i.e. = Rs. 23/day
Yearly maintanance of
Car Rs. 9000 i.e
= Rs. 25/day
Plus interest loss on
Car buying amount
@8%on Rs. 6,00,000 = Rs 131/day _______
So after buying new car *daily* *expenditure* *is = Rs.* *850/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 risk and Mental tension/BP.....
Traffic challan not included.
This the reason for failure of car company