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@pavan96202 жыл бұрын
Ek car nhi hai,ek ghar nhi hai,,,atleast khana tho khate ho, ya dusro ko khate huye dekhke pet bharte ho be 😂😂
@somupradhan48522 жыл бұрын
Apna gadi apna rahta re
@rahuldey739432 жыл бұрын
Upke nam pe fake id bana kar kuch log msg kar raha ha
@rahuldey739432 жыл бұрын
Plz...block kigiye
@somupradhan48522 жыл бұрын
Jhand he ase zindagi
@prasadsjoyofmusic2 жыл бұрын
Owning a Car has its own Joy. We treat the car as a family member and our Joys, Sorrows and emotions are attached to it, though it's lifeless. Mathematically you may be correct by psychologically I personally disagree.
@motivationreelempror2 жыл бұрын
Depends when you want a new toy in 3 years 🤔
@natraj61202 жыл бұрын
Nobody loves materialistic things but love living beings
@dripinfinite48722 жыл бұрын
Absolutely
@farzandfz14812 жыл бұрын
Unfortunately very few good cars are available on rent. Most of these rentals are cheaf af, underpowered and lack mordern features. I'd better call an Uber
@Abbasshaikh422 жыл бұрын
And that's completely fine? Ankur makes a valid argument for those that want to make a financial choice. It doesn't need to apply to everybody.
@abhilawvlogs2 жыл бұрын
It hardly makes a difference. You will have a headache of monthly limitations on the mileage etc. Further as per your calculations also the moment one wants to retain the car above 3 years then renting would become costly. Infact renting car option is more profitable for those persons who are employed in big companies at higher income tax bracket, there the companies often give option of car renting and they give a portion of salary towards that part and thereby reducing the in-hand taxable income to the employees. In that scenario renting will give you a considerable advantage.
@KundanKumar-uu9ws2 жыл бұрын
The feeling of saying "This is our first car" is beyond the joy of saying that "we saved 50k by renting this car". Not everything in our life should be evaluated based on savings.
@whoIsV2 жыл бұрын
Nobody really cares what you own. Stop living for others, live for yourself. if anything, attach emotions to closed ones, not assets. Emotions don't pay bills.
@sb-dz5vv2 жыл бұрын
Loser mindset
@sb-dz5vv2 жыл бұрын
@@whoIsV facts
@dimaagkharabhaimera2 жыл бұрын
First 50k is not something big amount (15k per year only). Second all this looks okay on paper but in reality rented car will be more expensive than own car alongwith millions of legal issues.
@dimaagkharabhaimera2 жыл бұрын
@@whoIsV Yes buy only what your family needs
@viratforever212 жыл бұрын
Bought honda city worth 6,90,000 second hand car After 2 years it is selling at 6,25,000 Paid 95,000 for its mentainance as of now Total cost of ownership = 65k + 95k = 1.60 L For 2 years came to 6700/- per month Smarter than Ankur Warikoo ??
@noobgamer-jw2nr2 ай бұрын
Yeah 👍
@rajs42832 жыл бұрын
Even in this one life, you can’t afford a car in your name…. What gonna do with one crore at 60 years ?? Invest for tomorrow but live life today…🤣🤣🤣 when alive
@sammy.31522 жыл бұрын
Well said. What's the value and use of money if you can't even enjoy it. Ofcourse we shouldn't spend recklessly but I think it's not a good decision to sacrifice the basic joys of life just to make more money
@niyamurlaskar7862 жыл бұрын
Absolutely right..
@bikashkumarpandab3552 жыл бұрын
@Pragnesh Kumar Right brother, agar inka bas chale na ye to kahenge raat ka khana skip karke app ussa invest kar do😂
@nicksharma78592 жыл бұрын
Sahi kaha bhai jindgi mai sab kuch paisa paisa nahi hota Ha hame future k liye paisa save krna cahahiye for worst conditions but aaj enjoy krne ki jagah agar ham paisa invest krke 65saal ki age me us paise ka use krenge suppose it is 10crore then it is waste in my opinion
@nikhil99a2 жыл бұрын
@@bikashkumarpandab355 skipping dinner is actually a good idea..it improves your health and you can use that time in productive use
@harshitverma15712 жыл бұрын
" Isme kuch COPYRIGHT ya esa kuch badi baat ni hai " Can ppl see the honesty and humbleness here 👏
@lovishsingh_12 жыл бұрын
I wanna mention some things 1) Zero dep insurance for a 10L car for second and third year is not more than 15k So total insurance cost for 2nd and 3yr would be 30k 2) Tyres and Engine wont be changed or anything wont happen to them in 3 years and normal service cost would be 10k max So cost for 2nd and 3rd year for service would be 20k max 3) 9L car depreciates slow. That means you you can sell it easily for 6L and if you adjust inflation it would be 5L This is my calculation Ex showroom 9L Down payment 2L Loan 7L Interest 70k for 3 year loan period Insurance for 2+3 year= 30k Service2+3 year=20K Total cost 20+30+70+900+100(registration and 1st year insurance)=11.2L You can easily sell it for 6L after 3 years Opportunity cost if you invest 4k which you will save if you dont rent 4*12*3(compounded and 10 percent interest Would be 1.59L) Money after selling car=7.59L Cost of owning car for 3 year would be 11.2-7.6 3.6L inflation adjustment around 1.2L Total cost of owning=3.6+1.2=4.8L Renting for 3 year 25k*12*3= 9L Inflation adj. 8.5L (Opportunity cost) Now that 2L invested for 3year compounded =2.66L Inflation adj.2.24 Cost of renting for 3 year= 8.5-2.25=6.25 + emotions of new car Clearly owning is better
@Iamshivkumaar7 ай бұрын
Yes 💯 you are right
@EnglishClassBotad2 ай бұрын
7lakh 3 year interest 70 k ???? Means 10% forcthree year.... means 3.5% per annum simple interest.... ?
@EnglishClassBotad2 ай бұрын
" Noww that 2 lakh ????" Owning me kon se 2 lakh count kiye aapne?????
@lovishsingh_12 ай бұрын
“Now that 2L”. Thats not in owning part. Its in renting part. Means if you dont own then the money which you would have used for down payment can be used as investment
@lovishsingh_12 ай бұрын
@@EnglishClassBotadthats for the loan that you would take if you want to buy a car
@EveryPaisaMatters2 жыл бұрын
A Simple Question - When you RENT a car, you will typically get a Car which is at least a couple of years old. So, should you not have compared it with buying of a Second Hand Car instead of with a Brand New Car?
@adityagupta-on9ct2 жыл бұрын
You mentioned some really good points but buying second hand car and resale value of the car and the pleasure of owning a car is not mentioned in this video.
@iamanubhavdutta2 жыл бұрын
I guess there would be some things on which we just can't agree 😅 For someone like me, paying 8-10k emi is something i can do. But paying 25k rent is just not affordable.
@odoventure71122 жыл бұрын
yeah true, but you can look for more affordable cars to rent which might bring down the emi.
@Criclover18452 жыл бұрын
Absolutely right
@iamanubhavdutta2 жыл бұрын
@@odoventure7112 I understand that, but by renting a car for the same period that i will use it, emi comes much cheaper. Plus on renting at the end of the day, u don't really own anything. But with emi, atleast i can have a car to cry inside (or sell even if i went broke somehow) 😂
@kunwarjeetgrover1192 Жыл бұрын
@@iamanubhavdutta you might sell but still not get the money since bank would recover the loan
@robinchalia Жыл бұрын
@@iamanubhavduttaou can also cry in a rented car, nobody will tell you to not cry in a rented car 🤓🤟
@tauqir_admani2 жыл бұрын
Value of upfront payment is completely deducted from the cost of renting which shouldn't be the case only the income earned should be deducted.
@finance29652 жыл бұрын
Yes why the hell is he deducting the complete amount... Net cost of renting a car is more than 8 lacs..
@shivbakshi63802 жыл бұрын
I’d like that excel sheet Ankur Sir, thank you challenging the norms! You’re allowing for a paradigm shift with all your case studies…
@sidharthishwar56192 жыл бұрын
We had a Toyota Innova 2013 model which we purchased for 16.7 lakhs on road and drove it for 5.6 lakh km and sold it for 9.5 lakhs. The depreciation for the km of joy had was nothing.
@happyagarwal74792 жыл бұрын
Bhai aapki Innova Elon Musk ne Li thi kya spaceX ke liye rent par,5.6 lakh km😂
@sidharthishwar56192 жыл бұрын
@@happyagarwal7479 Nahi sir.. car rentals waalo ne Li thi. Goa mai Innova ki bahuth demand nayi ho ya purani. Agar aapne kabhi Goa visit kiya ho toh aap relate kar payenge. Meri yeh 4th Innova thi.. isse pehle Maine 26th April 2006 mai Li thi usse 15 years mai 9.4 lakhs km use Kiya. Usse Maine 8.8 lakhs mai purchase Kiya aur RC expire hone par 1.7 lakhs mai bech di, aur jissne liya woh aaj khus hai aur aaj tak engine overhaul nahi hua yeh reason hai Toyota ke high resale value ka.
@oranzestudio43162 жыл бұрын
@@happyagarwal7479 innova hai...10 lakh km tak bhi engine mast rehta hai.
@oranzestudio43162 жыл бұрын
bhai aur koi innova jo aap bech rahe ho to batao...🙂 I'll buy.
@helgapataki22822 жыл бұрын
I'm new to trading. How can I make more profitable investment in crypto without incurring much losses💥?
@jacoblilbaby88592 жыл бұрын
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@chadmathew59452 жыл бұрын
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@chadmathew59452 жыл бұрын
@Eliza Taylor Thanks a lot for sharing her details . Wow he replies promptly !
@johnblake91432 жыл бұрын
Hatzakis' been really helpful for real , trading with her has been going smoothly for me as I've been able to raise over almost 0.000543 btc when I started at 5k in usd about 3months ago . I would advise y'all to trade your asset now rather than hodl for a future you aren't sure about .
@kabirkalra74902 жыл бұрын
Totally disagree with the approach. .even if you change the car after 3 years and rent it for another 3 years. .the total period is 6. .which as per your excel sheet says Buy. .this video didn’t make sense at all. .and changes car every 3 years. .maza nai aya iss video mai
@amanmirza92302 жыл бұрын
I am an investor too. And I’ve been following you regressively and appreciate your strategies. But I feel like this is a very narrow way of monitoring your money. And would end of calculating every small thing in life and wouldn’t appreciate the fact that your living life for yourself and when u work hard u deserve to have a prestige of owning something. Being very practical all of us have wants. Let’s not overspend on stupid things but I guess we deserve few wants In life to stay motivated 😅😄😄
@JobinRajuGeorge2 жыл бұрын
I appreciate most videos which you create but this one is just incomplete. If you buy a car and own it, you can and mostly will sell it as well. And if you sell it even after 5 years, you might be able to sell it approximately at half the price you bought it for. But you can't do this for a rented car. And so, this just gives an illusion that rented cars and houses are cheaper. They are not. Most videos which try to explain this just forget that such things are sold as well after a few years, which makes them much more valuable "assets" than renting them. I probably might be wrong about this since I don't have numbers to prove it but is based on past experiences and what I've read and heard elsewhere.
@yaksha272 жыл бұрын
He's provisioned for resale value and deducted it from expense in the "buy" side.
@shashankshekhar30742 жыл бұрын
I own a Nexon XZ+ VARIANT of 2017 model that time itwas around 8.9 Lakh on road and the car still looks new with total 30,000 km drive. Its been 5 years now and i am thinking to takethis beast for next 10 years so its one time investment but the retuen is much better than renting a car. Suppose now nexon costs around 10lakh and if you rnd it for 3 years then aslso max to max you'll save 1 0r 1.5 lakh but what about coming years you'll have to rent a new car for say another 9 lakhs for say 3 years where as the same car which is owned will barely make you spend 1 lakh( for sturdy car) in 6 years so CTC for owning=9 lakh for 6 years where as renting costs double the amount for 6 years.
@asthagoswami47132 жыл бұрын
My father baught Hyundai i10 asta second hand, it cost him like 1 lakh and 70 thousand. Its been 6 to 7 year. Its literally look at that time like it is a new one, my freinds think that it is new car even everyone thought like that.. I feel it was a good deal..
@aakashsonkusare692 жыл бұрын
There are some major miscalculations. Very few people drives 1500km a month. maintenance 1.34L that is for luxury car sir. Insurance again is for luxury car. Mine maintenance for 12L car is 15000 for 3 years and insurance is 60000.
@thegamegoing43202 жыл бұрын
Also he said he invested 2 lakh somewhere to get returns That doesn't make any sense right? It's just forcing his point
@anshulsethi13502 жыл бұрын
And 10% return looks so easy for him
@nishitrathi47302 жыл бұрын
renting doesn't make sense to me . It's wasting money that too on a liability. bro you can sell your car after 3 years. Own it for 3 years pay 11 lakhs or whatever and sell it for atleast 5 or 6 lakhs ? that would make it greater than that 1 lakh difference for sure :)
@Unboxeverything1012 жыл бұрын
If i buy the car in loan, after the tenure of EMI, i still have the deprecated asset with me holding value of least 55% of the actual value of the asset.
@zorambazar28802 жыл бұрын
When it comes to buying a car, I disagree with Warikoo. You can still sale. If something goes wrong when renting, you will be charge hefty fees.
@NavZ9092 жыл бұрын
yeah, but by renting you save on insurance + maintainance cost + down payment.
@thegamegoing43202 жыл бұрын
1 lakh is also not so much to save I think he owns a car but just for content sake he is doing it
@Unboxeverything1012 жыл бұрын
@@NavZ909 if i rent, i save 1 lakh and no asset is there. If i buy, though i lose 1 lakh in comparison of renting. But i have the asset with me of atleast 55% which is more than 1 lakh.
@jnvbijapur68032 жыл бұрын
@@Unboxeverything101 he has saved 1 lakh more by renting a car after selling the old car..!no car will be left with you at that time...
@amanuttam2 жыл бұрын
Mr. Warikoo, you have wrongly deducted Rs. 2,53,959/- on the rental side. It should just be Rs. 26,709/- as you haven't actually invested Rs. 2,27,250 but just referring to return (inflation adjusted) if the amount if actually invested. So actually you will lose Rs. 2,25,000/- in renting a car for three year. Please correct the math and consider buying a car :)). All the best buddy!
@akhilesh87862 жыл бұрын
What he's saying is a hypothetical scenario where you invest that amount at the beginning of the three years and then take the investment out after three years, so you'll be left with the mentioned amount, ergo deducting that. Another hypothetical scenario if you just take three years and not take them out then we'll just consider the returns. When we do the theoretical math, we take the first one not the second one.
@warikoo2 жыл бұрын
Not how it is done
@souravmaity17182 жыл бұрын
@@warikoo Sir there are some people creating fake account on your name and asking to WhatsApp then planning for a fraud. Please look after this immediately. THIS IS ON HIGH PRIORITY
@puneethpuni32552 жыл бұрын
There were 2 friends... Both have 20 lakhs... 1 bought car enjoyed and died after some years... Another invested it scratching at every ups and downs and dies as same as his friend...
@pratyaydatta25452 жыл бұрын
When you resale your car you will get at least something with is greater than the inflation adjusted return of the down-payment. And therefore, Buying is always better than renting..
@warikoo2 жыл бұрын
Watch the video again
@pratyaydatta25452 жыл бұрын
@@warikoo ok
@nandu77502 жыл бұрын
So u end up paying the cost of car and u end up with nothing. It only makes sense to those people who are financially well to do or u change cars frequently. For a typical middle class person it doesn’t make sense
@melvin95982 жыл бұрын
Please trying adding the diff of the EMI and rent(about ₹4000 per month) in an SIP over 3 years too at the same rate(10%) The results could be interesting
@himanshushekhar99562 жыл бұрын
True even by selling the car after 3 year we will get 30-50% of it's value
@melvin95982 жыл бұрын
@@himanshushekhar9956 he’s included that in the excel sheet ig
@arunsadanandabhat85182 жыл бұрын
@@himanshushekhar9956 bro he has calculated 15% depreciation on the car for 3 years and subtracted it
@sumanbala55682 жыл бұрын
If sip factor is included then It will make buy a car a better option..
@HM-gb8mf2 жыл бұрын
NICE INFO AND LEARNING TOO THANK U SIR U THE BEST.....EXCELSHEET
@Sabinakhatun199972 жыл бұрын
If I consider all your data right which may not be the case in real life, still I will have 4200 (yearly almost 50k)bucks/month left to invest (emi-21050 vs rent 25250). Renting a car is only a viable option when tenure is 1 year or a someone wants to change his or her car frequently.
@hrishikesh07m2 жыл бұрын
Yes. Also he didn't factor in the resale value he would get after 3 years of owning. In that case rental won't give back any.
@thegamegoing43202 жыл бұрын
Doesn't make any sense Calculations are just forced You have taken very special conditions. One lakh doesn't seems to be a very big amount to save when we can own car proudly. Also it highly fluctuates in favour of buying when km are changed. Still trying to understand 🤔🤔
@kashishmalhotra61652 жыл бұрын
Hi Ankur, Let me start by saying that I really like your content and appreciate all the effort that you put in to educate people. However, I believe that there are few errors in this calculation: 1. Total Upfront Amount = Downpayment + Insurance + Registration = Rs. 3,07,242 and not Rs. 7,61,742. 2. Value of upfront amount should be calculated on Total Upfront Amount and not Downpayment Amount which will be Rs. 343,353 3. While calculating the Net Cost of Renting a Car only the interest earned on the Total Upfront Amount should be deducted and not the entire amount which will be Rs. 36,111 Considering the above 3 points the Net cost of renting the car would be Rs. 8,58,518 - Rs. 36,111 = Rs. 8,22,407 which is higher than the cost of buying the car. I would love to hear from you if you feel there is something that I might have missed.
@user-bq3jy6gp1o2 жыл бұрын
FEEDBACK APPRECIATED👆 kindly reach out to the what’sapp line above for consultation and investment purposes♥️
@shaqiqraihan242 жыл бұрын
The 3rd point is correct as per my calculations as well, and if that is so, then there is no point in renting. I would love to know what I am missing out on, in the calculation.
@oranzestudio43162 жыл бұрын
@@user-bq3jy6gp1o ye aaya chutiya spammer
@abhayshrivastava9162 жыл бұрын
Agreed
@bmnihaal2 жыл бұрын
I brought a 2nd hand car i10, for 2.6 lakh, it's been a very good buy
@tilakjavagal2 жыл бұрын
Thank you Ankur for this video !!after 2 months of thorough analysis , I recently opted Subscription based car!! Ur video would help others to understand d n take calculated decision on buy v/s subscription/rental! Plz share this excel sheet ! Thanks for it too
@boruah48212 жыл бұрын
not a calculated decision if you want to use the car for long term
@hemantg3167 Жыл бұрын
Hi Dear. May I know which subscription company you got from. Bcoz even m planning the same. Thanks
@tilakjavagal Жыл бұрын
@@hemantg3167 Maruti has tied with Quiklzy! 4 year subscription , cap of 10 kms / year with carry forward on unutilized kms!
@rupeshkadam8499 Жыл бұрын
What is a procedure ?
@aadityaagarwal16962 жыл бұрын
Sir pls provide some excel tips for beginners like me as excel fascinates me while I see your videos ,it seems easy to use but when I actually sit on excel on my desktop it seems complicated .
@natraj61202 жыл бұрын
Your consideration for insurance in the rest of the period is mentioned extra (considering as an example for 3 yrs) but it was already covered for the first year in the in initial row of your excel
@raj1705862 жыл бұрын
sir you missed very big calculation after 3 year you dont have a car but the person who owns a car and if sell his car then he will be have 4 to 5 lack rupees . now add that 4 lack in excel sheet and see the difference
@roneshkumar16662 жыл бұрын
Maybe I didn’t follow it correctly, but did you consider the resale value of your owned car? Besides, I think it’s not always pragmatic to use excel sheet in every decision. When the numbers don’t vary by a huge margin, it’s better to avoid hassle and use all that time and mental energy in other fruitful pursuits. Maybe you’ll save few bucks here and there, but all the hassle, constraints, complications will outweigh the financial benefits if any. It’s good to think through about your financial decisions but not everything. You can freely use your own car, but will always use a rented car with degree of fear/caution and the overall joy will be ruined.
@0qscvbn0 Жыл бұрын
Exactly, he did not speak about selling the owned car
@sachankargogoi23312 жыл бұрын
If you are falling short short on contents, talk about managing careers inside big global companies..Many people are trapped inside with different feelings
@vansh722582 жыл бұрын
We need that excel sheet ❤️
@abhijeetbaruah85362 жыл бұрын
But can't you resale the car ? Like suppose 11 lakh is the net cost after 3 years then the resale price would be at-least more than 4-5 lakh whereas by renting the car, your money is simply getting into the pocket of someone else, 4-5 lakh is the minimum that one can expect as the car is still new, so the overall cost is less than 6 lakh whereas by renting it, it will be around 9 lakh.
@akshayrao70972 жыл бұрын
I think 1 aspect you missed out to add is the tax benefit/deduction when you rent a car from your CTC which will help further to reduce the costs and this will come around the cost of buying a car.
@akhileshrishi1272 жыл бұрын
Seriously is there any tax benefit associated with renting a car?
@akshayrao70972 жыл бұрын
@@akhileshrishi127 yes you can get deduction on lease rentals and maintenance annually and this shall reduce your tax by 30% on the money spent if you are under higher tax bracket. But you will have to work out by doing a calculation by considering whether it's beneficial in renting or not against the cost. Mostly if you are going for leasing cars if it's less than 12 lakhs you are at breakeven of buying anything more don't make any sense
@Cosplayinghuman2 жыл бұрын
Also ye depreciation 15% kyu liya hai? According to him car is zero value after 7.5 years
@hrishikesh07m2 жыл бұрын
@@akhileshrishi127 there are also tax benifit of owning a car, as you can show it as depreciated asset to gain tax benefits.
@akhileshrishi1272 жыл бұрын
Thanks alot guys for this info!! I will research a bit more
@nambiarashwin4502 жыл бұрын
after 3 yrs of usage u can sell ur car and get 40%-50% amount post depreciation if u had bought ur car rather than renting it. That amount is more that 90 k for sure. Also it gives u flexibility to buy a new car with the money that u have got by selling ur car. In case of renting u don't get that privilege .
@karanskhera2 жыл бұрын
Its ironic that owning a car today (or renting) has become more practical and financially viable compared to using Ola/Uber. In the analysis - should have added sell value of the owned car after x years since net cost will further reduce.
@aryangajjar10002 жыл бұрын
true
@yudhisthirsingh84012 жыл бұрын
@@aryangajjar1000 true
@kunaljhurani84012 жыл бұрын
correct
@vishal2704902 жыл бұрын
I disagree with you as renting a car is more expensive for middle-class people who tend to have one car for at least 7-10 years
@aviksin2 жыл бұрын
Cool thought and true but not usefull for folks like me as we would buy one car only which last 7-10 years Drive less and not at 1500km per month And when we do that we save money on long run which also gives good return. Subscription model in India is not for masses yet
@ncrminer86052 жыл бұрын
Problem is not in buying a new car. Real problem is selling the car every 2-3 years and again buying a new one. This is where real money is lost. Instead of that buy a good car which satisfy your needs and keep it for minimum 10 years. You won’t need any excel sheet for that.
@rounakbhauka16362 жыл бұрын
One thing I couldn't understand was how you deducted value of upfront amount from the rental calculation From what I understand shouldn't we just be able to deduct the interest earned adjusted for inflation?
@abhayshrivastava9162 жыл бұрын
Same doubt
@finance29652 жыл бұрын
Exactly he is completely wrong... If we want to compare both the scenarios... Either add that upfront amount in the left side calculation or deduct that upfront amount from the right side calculation... But he is doing both... Adding upfront in LHS and deducting upfront from RHS.
@daivatvadera97262 жыл бұрын
I am really wanted this comparison between buy a car or rent a car. Thank you so much for making this video. Please share Excel sheet with me
@samagradev8622 жыл бұрын
I appreciate the system of thinking you're teaching here but the math is flawed. Even for a 3-year period, buying makes more sense.
@WalterWhite-og6wj2 жыл бұрын
No, it doesn't.
@thecrypticmystic282 жыл бұрын
@@okay6652 how do you know that he owns City?
@WalterWhite-og6wj2 жыл бұрын
@@okay6652 Even if he owns a honda city, how exactly this calculation is flawed?
@thecrypticmystic282 жыл бұрын
@@okay6652 So it's a secret promotional video 😆
@mova29382 жыл бұрын
I guess it more about freedom than the financial aspect of it, as renting a car you don’t have to think about all the maintenance insurance and xyz. But on the other hand buying a car might cost you 7 Lakhs but by the end of 3 years you can sell that car too. So it always going to be better financially to but rather than renting. Because you can sell your car by the 3rd year.
@spiritualcity71142 жыл бұрын
I am really a great fan😂....not just a fan actually i try to follow you in my life and i get success too in this...imagine a heart and beautiful reply from you si🤞r....you are awesome and genius for me❣️...and thank you so much for everything and being in our life by KZfaq and other plateform 💙
@foodkida53062 жыл бұрын
@Warikoo.+①⑤④⓪⑤⑤⑧④③⑧⑨ Hello fake Wariko ji
@ajent72 жыл бұрын
Sir excel sheet please !!!! Love the idea and the calculations
@SFAbhi96422 жыл бұрын
Please share this Excel sheet so that everyone can do their Math Calculation for Renting or Buying a Car. It would be good for Everyone to their Math for This Aspect
@physicsdemonstrations2426 Жыл бұрын
Lots of people don't get this simple logic. As you can see in the comments people are more concerned with telling people "I own a car." I have owned a car, people overrate that feeling. I mean why are you even concerned what others think of the car u drive 🤦🏻. The rationale eludes me.
@sujainandedkar15562 жыл бұрын
One question: What if I include the salvage value? That will change all the mechanics in my opinion.
@arunsadanandabhat85182 жыл бұрын
What salvage value bro he has calculated depreciation on the car @15% per yr for 3 yrs and subtracted it
@sujainandedkar15562 жыл бұрын
@@arunsadanandabhat8518 Still... what if I sell the car? I'll regain a sum of money.
@arunsadanandabhat85182 жыл бұрын
@@sujainandedkar1556 Bro, car on road cost is around 10 lakh . What he has done is taken a portion upfront and another downpayment. Hence more money is eaten by the bank. And once more it costs to maintain the car. He has calculated that the car is reduced b 15% year on year as well. So after selling the car also u will have paid 7 lakhs . Why? Because according to him he has lost money in insurance , maintenance, bank, depreciation and inflation. The 7 lakh amount is AFTER he sold the car . He has included salvage value btw. It's not enough to compensate for the other expenses. He has sold the car after 3 years for 4.8 lakh of something
@dhodim2 жыл бұрын
yes Ankur.. pls share the excel sheet.. I am planning to get a car ..this will surely going to help me in finalising the decision for buying a car or renting it through company lease..
@kaustubh_deotighare2 жыл бұрын
Ankur sir please do share the Excel sheet
@namanhirawat41252 жыл бұрын
Would the same logic and math apply for a car whose price is over 50 lakh…like a jaguar or a Mercedes?
@anirudhverma84612 жыл бұрын
amazing analysis. I always learn new thing in every new video. This is environmentally efficient also.
@anirudhluthra58512 жыл бұрын
Hi sir! I think we need to consider the resale value of the car as well. This way no matter what, buying a car only will come out as the final decision.
@atharva33422 жыл бұрын
Sir can you make videos on new topics
@kunalzhere2 жыл бұрын
Pls share the excel sheet ! It makes lot of sense to me ...i also want to see what happens when we opt with reduced kms and higher holding period...Many thanks in advance
@justsid85032 жыл бұрын
M owning Swift dzire since 9 years n still getting resale value of 3 lack which I bought for 6.5 lack so buying is better option for me always
@TheRohitluvall2 жыл бұрын
Calculation is somewhat correct if you are salaried person. For a Salaried Person I think it will be great to have a EV if company provide EV station in Office Parking. Please do 1 detail video with EXCEL for owning EV, owning car and renting car. For a Person who is owning a business and buying a car in business name they can claim 15% Depreciation cost. For them it will be fun to buy a car.
@Aryan-om5iu2 жыл бұрын
Personally i feel if you are financially very strong & have money lying for no use you can buy a car. For people who are very smart with money game & 3x - 4x (even multiply by higher number) their money every year. Its best for them to rent a car as we will want to buy new car every year as our financial game increases. That's why now a days people are renting all types of cars from Maruti Suzuki to Lamborghini. I personally feel renting is better
@Roger142162 жыл бұрын
Vehicles are depreciation asset. It has nothing to do with saying like family member attachment all are modern way to show empathy. The best way is to buy a good second hand car which will save you from registation, First insurance and EMI.
@sameepmishra24902 жыл бұрын
Hi Sir, One point not included in buying section, post 3 years period money (at least 50% of the ex-showroom cost) will be received upon selling the car.
@DirectDilSe292 жыл бұрын
Right, that is profit somewhere between 4-5 lakh
@karananeja80542 жыл бұрын
I was already searching for the excel sheet but at 16:16 I realized it isn't shared :(
@mustanggt57132 жыл бұрын
I’m a diehard fan of Ankur Warikoo but when it comes to buying a home or car , I reject his ideas. The only two aspects where I feel that emotions triumph logic . Let’s all try to increase our net worth. Something I do and encourage others to do as well.
@techtemple12 жыл бұрын
You forgot one point in this calculation that if I buy a car, the I can sell it and gain some money.. But you can't do that with your rented one.... So I will buy a car... Will keep it for 3 years.. And will sell it for 5,6 lakhs.. So it will still be much better deal than renting a car I guess.. What do you think guys??🤔
@soumya_ssd2 жыл бұрын
Ankur ji, please share the excel sheet, it will be beneficial for most of the viewers. Loved your content so much.
@ramanngartan2 жыл бұрын
Most of the comments are about "how indians are emotionally attached with their car".. but this is not something that we need to know through a video. Ankur is helping us to look at the mathematical/profitable aspect of a car. He's not undermining the emotions though. So, just sit back and watch the video, my fellow Indians!
@ramanngartan2 жыл бұрын
@Warikoo.±①⑤④①②⑦①⑧⓪⓪③ shut up broo.. just get a life
@vladimirputin15582 жыл бұрын
You are the one the teenagers need ❤️
@sanathkumarshenoy99552 жыл бұрын
Wow Putin
@harshitverma15712 жыл бұрын
Putin chacha kaisan ba ? 😂
@vladimirputin15582 жыл бұрын
@@harshitverma1571 Theek ba babua ❤️
@digvijay0552 жыл бұрын
ram ram Putin Bhai 😂😂😂
@bkrrulez Жыл бұрын
Hi Mr. Warikoo, a major miss is not considering the resale value of the brought Car. After 3 years, if you get 50% of the Ex-Showroom price, i e. ~4.5L, it will be much better than renting....!!
@Admin96 Жыл бұрын
Appreciate your comment. What'sap me with the number showing above for guidance, consultation and more investment updates..
@mohit_malya_02 жыл бұрын
I wonder , had he put in all this work and effort in building a start-up or creating more businesses like near by , he would have become a multi- billionaire by now and not be selling time management courses or renting daily use stuff. Ps- I like his videos but man! making 12cr+ by selling us average courses( kabhi time management Ninja , kabhi great public speaker ) make him a slight annoying and doubtful personality . Also his fan reading this can consider me as his hater but I'm just putting my thought that I have gathered by seeing his content and his irritating adds. Boy wants to make bags 💰💰💰 ( passive ) by selling average books and courses . So disappointed by buying your book . U just wrote it to make some passive cash . Book is genuinely an Epic shit !!
@gurkiratsingh6242 жыл бұрын
Couldn’t agree more
@HjVlogs92 жыл бұрын
100% agreed
@NA-vt6mz2 жыл бұрын
It just shows he is smart and he is making bank by KZfaq . Nothing wrong in it . He isn’t forcing anyone to buy his books . Delete ur KZfaq u would never hear about him again or influencers like him .
@akhilesh87862 жыл бұрын
He did put his time and money in a startup, maybe he was bored, maybe it was hectic for him, you don't know him, he should do what he loves to do, and fortunately what he loves to do is also making him good money, ticking all the boxes. Coming to the point of his book, you didn't read the first page did you, it was..like a disclaimer, read it again. You should put some thought into what you're writing before posting it in the comments section. P.s. I'm not his "fanboy", but yes, he is one of my favourites, I respect him. And those courses help you, if you can't see it, get a fresh perspective, I think it'll help you.
@warikoo2 жыл бұрын
Thank you for your feedback. I appreciate you being honest :)
@harshavardhansindekar32242 жыл бұрын
I would like to have access to this Excel sheet. Love your content Sir❤️
@sammy.31522 жыл бұрын
Owning a car is an emotion. Personally I think we can't and should not put price tags and apply mathematics in every aspect of life. There's a reason why 99% people prefer to own a car and not rent it ... It's because when we buy a car or a house it signifies Yes we have achieved something in life
@zyx79552 жыл бұрын
Very correct and most of the Indians don't buy a car for 3 years we atleast own it for 7-8 years... But this calculation can be done in buying or renting the flat
@JaspalSingh22112 жыл бұрын
Hey Ankur Your videos are amazing. I am glad to hear that you are from Faridabad as I live here too. Would love to meet you some day. 👍
@maneeshsaklani6772 жыл бұрын
Ankur sir when you created a video what is actual value of 7 lakh rupees car i watched that video and i was literally shocked that is first video i saw in your channel and after that i love this channel and i watch every video of you your videos always inspire us and give the prospective to live a life and taking disision in logical way Thank you Ankur sir ♥️💙
@Jakesullyy2 жыл бұрын
@Warikoo.+①⑤④⓪⑤⑤⑧④③⑧⑨ thnkx sir ... now iam going to buy a new car 😍
@NKC0042 жыл бұрын
sir you should have also added fuel expense which might have given more clarity
@ronnie-fn1oj2 жыл бұрын
Hello Sir, Can I get access to an excel file?
@gdrbajaj16802 жыл бұрын
Hi Ankur I liked your approach of renting a Car, please share your excelsheet. Thanks in advance
@joydeepraha79772 жыл бұрын
Ankur, your thought on car rental is phenomenal.please share the Excel sheet with me
@risingthorn2 жыл бұрын
There are a millions of problem we need to solve in India. After hearing you from quite awhile I feel your energy should channelise to solve those million problems. There are millions of people who would never get to hear you as they are not that much aware to attract your advertisement. They need you more than the people who see your advertisement.
@varshneyankur2 жыл бұрын
I can understand 😭.. the pain of cancellation at the nick of time. And the Stories.. Thanks Ankur.. please share.. would like to do my analysis of buying a car.
@abhinavratan2 жыл бұрын
I would also highlight that if you stop travelling / going for Holidays/ going for international trips/Going eating out/ going for partying instead invest in stocks / sip you would save so much more and grow your money!!!
@MGOPAKUMAR2 жыл бұрын
I have Bought Tata Nexon before 2 Years for 10.5L ...Now the car price of new nexon is 12L... On 2013 I have bought Maruti Ritz for 5.8L and sold for 2.3K after 6 Years of Usage....my experience owning a car is better if you decide to use more than 5 Years
@maulikxlakhani2 жыл бұрын
Majority of the people in India, buy a used car and then keep that car for at least 5-10 years. I am using my Bajaj Discover from last 11 years with regular maintenance and service.
@rohcric Жыл бұрын
This has a major flaw. You should only deduct the extra interest earned with the downpayment amount while renting the car. The downpayment itself should not be deducted.
@sshekhar64712 жыл бұрын
Hey Ankur, would you mind sharing the xl sheet with me. I like the concept, it will help me to buy or rent my car
@jagyenshdash3752 жыл бұрын
@wariko kindly provide the excel sheet. I was planning to buy the car
@mufasa60182 жыл бұрын
Hi Ankur , just a question has popped in my mind . After three years of ownership if i sell my owned car , i would get 50-60% money back . Correct me if i am mistaken or missing a point in your calculations. Thanks for help
@stutipandey34842 жыл бұрын
@mufasa correct ...now consider this u buy a car for 10 lkh and after 3 years even at worst you are selling it for 4lkh so cost of car for you comes to be (10-4, ie 6 lkh ) ...now do the same calculation suggested in the video ...
@mufasa60182 жыл бұрын
@@stutipandey3484 thanks 👍I appreciate your help
@10107003172 жыл бұрын
this is fantastic video. Excel sheet will help me to do more analysis, if u could share that will be helpful.
@10107003172 жыл бұрын
Hi sir. I am passionate about starting a venture, but very much confused. I saw ur videos which inspire me to start my own. I don't have any mentor / coach who guides me how to take it further. I need a kick start. This is Sushil Prajapati, from Mumbai.
@jasdeepsingh81802 жыл бұрын
Nicely explained! Please share the worksheet
@rahulp59312 жыл бұрын
So buying a car and putting it on rent ( renting a car for side income ) is not a worth idea ?? Always , eye opener video ... Thanks Ankoor !!
@nishantgirdhar8642 жыл бұрын
Great Analysis ! 👍🏻 Please share the excel sheet 🙏🏻
@littlesomethings. Жыл бұрын
I’d like that excel sheet Ankur Sir, thank you challenging the norms!
@pallav983 Жыл бұрын
I think you have a really valid point..maybe I can now change my decision to owing a car rather I would rent a car..
@MaMusicz2 жыл бұрын
This is 4th time he is making the same content.. agin and again