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Uber excited 

​Buying a car v/s uber

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 insu Rs 15000        = Rs       41/day

Daily petrol      minimum   = Rs    100/Day

After every 3 yr tyre & 

Battery change charge

Rs 25,000  i.e.                      = Rs. 23/day

Yearly maintanance of

Car Rs 9000 i.e                    = Rs  25/day

If driver employed ( bcas)

Uber comes with a driver   =Rs 300/day

Plus interest loss on

Car buying amount

@8% on Rs 6,00,000           = Rs 131/day

                                           _____

So total daily exp is 

After buying new car         = Rs 850/day

                                           ————————

So friends untill you pay Rs 850 daily to hire a cab you are effectively in gain travelling in uber. If u agree share for the benefits of all.This is called financial planning…

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