Buying a CAR in India? - E 37

On this episode Pattu and Sid are joined by Deepak Mistry, an Automobile Industry veteran (currently with Audi India), and we cover:
- why Pattu was hesitant about this episode
- how Pattu moves around in Chennai !
- are Indians buying cars for utiliy or status?
- Is it time for India to control the number of cars on our roads?
- thumbrules for first time car buyers
- Pattu gives us a thumbrule for the value of your car
- Deepak counters Pattu's thumbrule !
- Pattu gives us a timely reminder about retirement !
- EMI thumbrules
- Pattu suggests a used car - but Deepak thinks a used car makes sense only if ___
- Does a 3 year EMI plan makes sense or a 7 year EMI plan ??
- What makes more financial sense - to flip your car within 3 years, or run it into the ground?!
- Environmental impact of constant churn of vehicles
- How does a first time car buyer select car insurance?
- Zero depreciation and is it important?
- An approach to maintenance and its costs
- In 2024, should you buy an EV or an ICE car?
Glisten to the next episode here-
• FOR THE DREAMERS - E 38 - E38
Glisten to the previous episode here-
• Everything about Secon... - E36
In association with ‪@pattufreefincal‬
A link to our audio shows:
linktr.ee/ofspinmediafriends

[@adityapareek7034]

Hats off to Pattu's patience. Patiently Listening to guest speaker's rubbish talk.

[@rsiriraam]

I bought my first car 6 months after my child was born purely for safety of the child. I promised myself not to take the infant on a two wheeler until she's grown big enough to wear a helmet.

[@justchells]

Deepak: In metros, we see people churn their cars in less than 3 years ...

[@1995Clint]

Important topic but felt the guest was extremely biased given his profession (appreciate the disclaimer at the start) to be commenting on this topic. Would've personally also liked if questions like buying a car vs uber/public transport were discussed in more detail (could sense Pattu restraining himself from speaking his mind out 😂).

[@shirenpanjolia8897]

Good discussion!

[@sathyakumar6808]

Pattu sir and offspin, sorry but, u guys messed up this time. U got a sales guy to come in and say that a car makes financial sense to keep buying. Of course he is going build that narrative.

[@rajeshtheboss100]

Hi,

[@Mjain37]

Too many ads now..😢

[@dheerajsharma1036]

Pattu Sir rock 😎

[@ayushmandhar1418]

Conflict of interest. 🙂

[@nikhilgunjal2252]

The episode should have been focussed on how to decide on the budget of the car, what are the maintenance, insurance costs, Loan vs Cash payment, long term car costs with fuel, what comfort car offers to family, etc,etc.

[@mrshyamsundar4971]

Wow ! if a Doctor who is Surgeon, also your Family doctor , knows what is problem with your health and what's cost of treatment as he is insurance agent too. It's hard to get that kind of terrible combination anywhere in the world. Insurance is as it's sold.

[@FinestaGang]

Pattu has an elder brother?

[@randomlondoner]

Such a sad episode - the guy callously says there is no environment in the metros and we all laugh cynically.Alas,sadly the truth.

[@bharathmbasavarajappa2481]

Deepak is talking absolute nonsense. Any how he deals for ultra rich ( more than 1 cr). Majority of people like me can safely ignore him

[@shashwatdev]

Please DO NOT buy a car, if you don't need it. Think 10 times before buying one. In metros there's no need of buying one for a very very large majority of people. The costs accrue and there's literally no peace of mind cost to benefit. Dont buy a car just because you have a place to park it.

[@kailaspatil9165]

Never take advice from Sales guy atleast on his field!

[@ayan_dm]

Didn't enjoy this episode as much , need better guest speaker.

[@rsiriraam]

16 minutes into this and hands down the worst episode of the series. Are you thinking of bringing a MF distributor next?

[@klokesh5959]

Didn't like it at all... I am sure pattu and shashank won't like if they watch as an audience