FiLe deck

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.*

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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