REcently a friend of mine got married and was ebing pushed by his wife to buy a car. This is a calculation he tried to explain to her:
Monthly expense on car:
EMI - 8000
Insurance - 1000
Maint - 500
Driver (optional) -5000
Assuming u do 1000 km a month (thats a lot): this means Rs 14/km
Add Rs 4/km for fuel
So Rs 18/km
Cost of hiring the same car as taxi anywhere, anytime its needed : in the range of Rs 12-18/km
Why the hell should he buy a car??
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