Which Car Can You Afford on ₹50,000, ₹1 Lakh or ₹2 Lakh a Month?

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How much car can you actually afford on your salary? In this video, I explain the 20-4-10 guideline and why your rent, family expenses, fuel, insurance and maintenance matter just as much as the EMI.

We compare new and used cars, petrol, diesel, CNG and EVs, paying cash versus taking a loan, and the final balloon payment behind low-EMI luxury-car offers. I also explain why I lease my car and how the decision changes with your finances and the way you use it.

Your first car can mean safety and convenience for your family. The aim is to make that choice without turning it into a status purchase you cannot afford. What matters most in your car-buying decision?

00:00 A ₹50 lakh car on ₹50,000 EMI?
02:47 The 20-4-10 guideline
05:47 Adjusting the budget to your life
07:20 New car or used car?
12:39 Petrol, diesel and CNG
14:12 Should you consider an EV?
16:04 Paying cash versus taking a loan
20:27 Guaranteed buyback and balloon payments
21:42 Why I lease my car
23:44 Buy for your family, not for status

#CarBuying #PersonalFinance #Warikoo

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