Things NO ONE Tells You About Owning a Luxury Car

In this video, we explore the reality of owning a luxury car in India and the hidden costs associated with it. From the initial purchase price to the maintenance and repair costs, we break down the expenses that come with owning a high-end vehicle in India. We also talk to luxury car owners a to get their insights on the real cost of owning a luxury car in India. If you're considering buying a luxury car in India, this video will provide valuable information that you should consider before making your decision.

[WintWealthYT]

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[Emily-leop]

Instead of splurging on a luxury car this year, consider investing in alternative assets. With the green season bull run, there are smarter ways to grow your money. Investing now can yield far better returns in the long run.

[somalingam]

He said "i also own basic cars like innova" 😂

[princeofheaven]

For people aspiring to buy a luxury car in India just know that over half of the costs are taxes by the Central Government. Build a business and own the car in that business name and buy a new luxury car and depreciate it in the first 4 years and save your taxes 😊

[meetadityanihlani]

With India’s 200% tax on CBU models, and ridiculous GST and RTO charges on top, these luxuries cost 2 to 3 times more in India than anywhere else in the world barring a few countries.

[arghyadeep]

Basically the first couple bought a liability by taking a huge loan and and again invest around 3 lakhs on yearly basis just to maintain the luxury status ! great 👍

[Gamer-monk.]

The guy took out 33 lakh loan on the car and is now worried about the fuel efficiency. Amazing idiots 😂😂

[WintWealthYT]

Correction: At 5:33, The yearly EMI will be 7.68L for Mercedes and 1.8L for Maruti, so the final Total will be 11.48L for Mercedes & 2.76L for Maruti

[Wiintb]

Bought a Honda City, left 40 lakhs in mutual funds and I smile everytime I see someone riding a badge!

[jaisiyaram]

I still miss my old zen.. it doesn't matter which car you own.. its travels you made in it with family

[Pamcheryl]

Love this! I used to drive with my Spouse. I miss it as we started to invest in Stock to secure the future of our kids. I got my invested stock capital from truck driving. My main purpose of stopping was because we now have kids and also we have been able to meet our financial goals with the help of a CFA. Stay safe and keep on trucking

[mohdanassheikh]

Clearly the couple knows nothing beyond aesthetics to look for while buying a car 😅

[WalterWhite-ogwj]

I'll tell you the real reason why this real estate guy purchases pre-owned luxury car because of black money. When you buy a new car no brand showroom will take majority of cash. They only take cheque or online payments but black money owned folks don't have much money in their banks so they mostly put money in things where cash is the mode of transaction be it real estate, gold or in this case pre-owned cars.

[ashishchaudharicool]

Overall what I have understood is "safed haathi" terminology gets more and more true as the video progresses towards the end.

[sagittariusguy]

Just to have pride in front of friends and family they spent 78 lakhs ... Wow ..

[nairpraving]

This is by far the most honest interview of owning a luxury car ❤

[thepreppertv]

For designers, math won't work but design works

[drarunaj]

Ideally if you earn 20 lakhs per yr...U cannot afford a car more than 15 lakhs (if unmarried)
10 lakhs (married)
Its not at all worth to spend more than this limit for a depreciating asset...

You will get some attention if u r driving a 2023 Mercedes....but no one will give a damn if ur driving a 2015 model..

[rutwikkhod]

Don't buy into luxury if u have to worry about its cost!

[bravocharle]

God i never knew how many problems do rich people face making a decision buying a car . I though it was all easy if you had money . I wish them all the luck, strength and courage making a good decision for themselves