Why Poor People Are Buying Luxury Cars ?

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How Cars Are Making You Poor ? | Reality Behind Cars ? | Business Case Study | Aditya Saini | Personal Finance. Why Poor People Are Buying Luxury Cars | Showoff Game Exposed | Elvish Yadav | Aditya Saini

In this eye-opening exploration with Aditya Saini as we unravel the often-overlooked financial implications of car ownership. In this thought-provoking video, Aditya delves into the reality behind the shiny exteriors and high-speed adventures, breaking down the business case of how cars can be a silent drain on your financial well-being. Learn How You Can Buy Your Dream Car with Proper Financial Planning in this Video.

Key Topics Covered:

Depreciation Dynamics: Understand how the value of your car diminishes over time, affecting your overall financial standing.
Hidden Costs: Explore the often underestimated expenses associated with car ownership, from maintenance to insurance and more.
Opportunity Costs: Discover the alternate investment opportunities you might be sacrificing by allocating a significant portion of your income to your vehicle.
Practical Tips: Aditya shares actionable advice on making informed decisions about car ownership, optimizing your expenses, and maximizing your financial potential.

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#Cars #PersonalFinance #BusinessCaseStudy #FinancialWellBeing #AdityaSaini #MoneyMatters #CarOwnership #InvestingSmart #FinancialFreedom
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I belong to a middle class family. We bought a car a year ago. We are capable of buying a compact SUV or a top variant of a premium hatchback on loan. But we decided not to take loan on a depreciating asset. Considering we are a small family and getting all the functional features, we bought a mid variant of a small car by paying full amount on cash. We are very happy with our decision and now we can spend the rest of the money on fuel and maintenance of the car by avoiding the car loan.

sudipta_
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Jethalal understood this years ago & still uses autorickshaw.

That's real rich mindset. True wealth is quiet. Fake wealth is loud & flashy.

Global_MAXIE
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Here in France there is a rule that you can't borrow more than 33% of your salary, it was done to protect consumers. Issi waja se yahan pe no flashy cars and people dont go too much in debt.

manhoosnick
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Car is a short term satisfaction, It is very strong statement to realise.

winterevening
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My age is 39 and buying a used car is always what i preffered since i am driving and from past 15 years i am opting only second hand cars... ur video made feeling proud on my choices and decisions which i took thanks.... my current car is altis 2010 model petrol and my next car is audi a4

sanketkaria
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Very true video by Aditya saini. This is reality in today's world. I have seen many SUVs in my area. Mostly People bought because of Social Status (Instagram), when actually they don't need it. People who are middle class and working in corporate offices want to show the world that they are rich and wealthy, in reality they are not.

zunaidshaikh
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Agree on benefits of 2nd hand car. However, one more point to consider is ever since the companies have entered this unorganized 2nd hand market, the prices of 2nd hand cars have substantially gone up. I had been looking at these websites to find a decent 2nd hand car however, I have found the difference in 2nd hand car vs 1st hand car isn't what used to be a few years ago. These companies have started taking huge profit margin as brokers.

chetanyadav
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This is so true. My dad bought a kuv 100 3 years ago at 2, 21, 000 and after 3 years he sold the same for 1, 80, 000

_ushaSingh_
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In my opinion, instead of so called premium feature (electronic seat adjustments, premium sound system, sunroof etc) car manufacturer should focus on providing features like ADAS and 6 Airbags even in base varients

tulungbrahma
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Back in 2019 when we decided to purchase a 4-Wheller, we had enough budget to buy a sedan but we prefer not to take loan instead bought small hatchback Santro that never Disappoints us❤

ishannkumar
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Best part about this video is that. It does not contain any sponsored from anyone.

jayuxdesignerrr
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Aditya, don’t be discourage becoz your video do not have more likes than any other YouTuber. Your content is far better than other YouTuber. Your content will speak about your future. Keep it up👍🏻

dont_try_to_understand_me_
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Thank you for guiding us❤.. in this world where all my cousins own a car I get desperate and think of buying a compact SUV at the end of the day. This video opened my eyes thank you so much

normalviewerbhai
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Bahut achhe subject par vedio banai bhai..
I'm financially very stable upper middle class person with income of 20+ lakhs per annum
But I drive 2010 Non AC sentro Xing Car & I'm happy with it.
Car is for my necessity not for my luxury.

bhanupratapsinghbais
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BGM is irritating (chng kr lo) and volume bhi jada h

Sanjaysahus
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Majority of Indians will always live a false life! Very good video! Your efforts and explanation are commendable! Good work bro! Lots of luck and blessings to you!

tenzinglompoc
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His last words, in the video really touched me inside "EMOTIONS"... & I was also planning to buy a new compact Suv literally😂😂 and these things I too observed the same...🔥🔥🔥Good work brother, keep it up, ❤ LOVE FROM NAGPUR

akshaybro
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I was planning to buy a car on EMI by taking loan from bank. But now, after watching your video my mood is very upset.😢

siddharthjuneja
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Who will always support Aditya Shaini rise there hands....🤚🤚🤚

RajaClasses
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Our ambition should have to become rich not to look rich 😏

vaibhav