After understanding the on road price of a luxury car , it feels better to buy a 20L car and feel happy, rather than to pour hard earned money on taxes , which do not feel satisfied at all
Happy that you came up with the Cons of buying and owning a luxury car. Which I personally feel helps a lot of peoples to change their perspectives and hats off to you for coming out with reality and educate your subscribers in taking up hasty decision.
I bought an Audi A4 and I feel your pain. In addition to what you mentioned, we also pay an additional 18% GST on basic things like insurance, service package, and extended warranty too. I hate how much our government taxes us!
@@snape1596 incase you are not aware there was a big problem in trying to get the so called vaccine shots which were pretty substandard. there is still a water scarcity. there are power cuts every 30 mins when it rains. if government schools and colleges are so good, encourage your family and children to join them. stop glazing the government for providing you with a substandard product with the amount of taxes they charge us
Takeaways: Influencer telling not to get influenced!! Leader creating leader! Learn from others' failures and live in present! Don't envy and don't compare!
Very very very beautiful video brother.. I’m a full blown petrolhead freak actually.. the way you presented this video is like receiving a car after ppf and ceramic coated.. that level of clean explanation.. our country and most of the small cities is not a good place for these kinda cars.. spending is one thing.. potholes, devil minded peeps who just wants to use their keys on your car, which you’ve maintained like way better than your baby.. one thing you said.. you should able to afford two of them.. that’s beautifully said.. ❤❤
Finally someone who shared this info. Surprisingly I got to know of these figures when I got my car invoice on purchase last year and was surprised to see how honda city zx cvt is 10L sells for 18L with all the taxes and extras as explained in this video.
@user-hq2en2ev8s politicians smartly route their black money ,you or any of us regular guys try buying a luxury car with black money( unaccounted) and you'll know for yourself what I'm talking about.
@@MP-lb1bv ya the same IT department that issues notice to common men on legal actions but ignores majority of the celebrities and politicians including heavy capital business guys who know to save money under the hood.
@@abhijitgupta4426 wahi toh bhai jamin kharid kae makan banakae bhare mae de de ... ya fir kheti kar lae 😂 ... kasam sae yar ... sokh pura karna mehenga hae lol
This Video makes sense...Huge taxes must be paid on a luxury car which is brand new and then comes the Road tax wherein the Govt lack's behind in providing sustainable roads in most parts of the country which is Irritating. Anyways attractive advice! Love from Goa❤️
what he said is true, most of my friends who can actually afford range rovers actually use cretas and skoda kodiaqs. money spent on car should always be a small part of your income whatsoever
@@harshith3022they basically don't want to pay the inflated prices that's all. Thanks to our greedy govn. We don't get value for the products and our lives as well.
Amazing video. Thanks for the clarity. My key takeaway is the following - Instead of buying a brand new luxury car, but a 3+ year car maintained immaculately so you get the benefit of depreciation and a much reduced tax outlay. This is amazing piece of advice. The only thing is how do we know the car is maintained immaculately and I also saw there is a huge cost variation for the same model car across different used car dealers.
Buying auto rickshaw is better option to you... low price low taxes... you can use that for your personal purpose and can rental income also... one more important thing "mileage" Bhar bhar k
After a long time Today's video watching was worth it. Most genuine content and much required for the newer generation. Keep bringing these types of videos
Yep, I bought a used luxury car for mostly professional purposes and occasional intercity shuttles. One thing that is missed out in the video is that even after buying an seconds luxury car, you are not free from electronics expenses. It's the electronics and tech sensors which would show it's age after 4~5 years and by that point you need to shell it out from your pocket(and not warrenty). However, mechanically these cars can drive for 2~3 lakh kms easily, may be suspension change after 1lakh kms but the electronic tech will burn you if you want those features. If not, something like a City or Verna should be fine for most of people who needs a car and can maintain it.
When it comes to luxury cars, second hand is always a good option if you are capable of inspecting the car thoroughly. Luxury cars have its own advantages in terms of driving experiance and especially in India people judge/respect differently if you come out from a Luxury car. I bought a 3 series BMW and its very well maintained which I can never get a new one at that price. Its worth it if you can maintain it well. I am loving it. Cheers.
Hello Sriman anna..!! I'm from karnataka I have been following you from past 5 year's now...I'm you old subscriber These year's I have learnt from you many thing's like 1. Following passion 2. About bike's and cars 3. Family values 4. And the right way to save and invest money..!! Love you Brother ❤
my man this is why i follow you most of the influencers just share about their life but your a germ you give great advices to your followers and really influence them and help them grow in their life. You fulfill the defination of an influencer , love you my man.........lots of love❤❤🙌🙌
this is what i love about your videos where you buy something big in life with your hardwork and make people realize the reality behind those purchases
I felt like not buying any of these premium cars in my whole life even if i get tons of money in future ..rather than paying those taxes i would be feeling happy to feed as many as needy people i can reach out ❤
that's very inspiring, thanks for being kind and transparent with all that you say. definitely worthy of taking the advice and i hope you do more newer content with the new setup and things waiting in your headquarters. Good Luck Mr.Sriman
Own a business, buy a car through your business which will let you avail GST rebate. Since it’s a liability to your business you can also rebate it from your business expenses.
You just said what’s in my heart ❤ can you also think of making a video on its maintenance. Last month my friend paid 80k for his Audi mirror which gave me heart attack. So it will even creat more awareness towards having a luxury car
Instead of buying x4..you could actually buy a m340i which is bang for your buck...that 374 hp makes it a perfect sports sedan that you can buy over there...and it costs you same as x4 did....and really thanks for your explanation and it made me think about it..
This explanation applied to people who are in jobs, but most of the luxury cars are owned by businessmen, who claim the GST under their business and easily save tons of taxes, they also show vehicle depreciation in their business books to save the tax.
As a owner of 4 cars, the one I really enjoy in city is S-Presso, the cheapest car I own. Easy to drive, easy to park and less worry of some idiot damaging it.
My dad bought a X7 and a defender 110 x dynamic hse this year and payed 1.4 cr in taxes on the cars , so moral is see the on road price in your state and that the price of the car ( also you could take a loan and invest the lump sum in such a way you pay the emi’s before the date )
Love the video and it was very helpful. Please make a video on how much it cost to maintain a luxury car. Like service cost, maintenance, spare parts availability etc.
Wordless thank you till date every time you make this kind of vlogs I think are one of kind in today's era like nikkkhi MSK and fasbeam you all have some of one of kind Thing a thanks is nothing to all you guys
Sriman bhai in your much much previous vlog you have said your dad that i have planned everything for nisha ,can you please make a vlog about that planning ?
i have literally follow the sriman anna before i getting a dedication towards passion and my profession that time i follow the anna then i realise something is in your life for sure lets find out the thing then keep working struggle then i get a good government job to serve the who actually needs the good health that much iam giving patients health that is most precious time i got motivated by one person i saw his videos then i want to my life like my dear brother sriman anna
Firstly technicalities of the vlog is more mature & 267% Full HD Chimpenav.... This Upgrade is Nice added more value to the Content Sriman Anna. As Per u Said in insta story its Lit..🔥🔥
I’m a car guy but after watching ur video ……. I want peace-full life so I’m going on a budget of 25 to 45 🤧🫶🏻 after Covid the price to got crazy 🚀🚀🚀💸 (thank you Sriman ❤ )
Facts and truth are the things should be considered first than emotions. Once the emotion is fulfilled we get bored of it. Spending money wisely is important than wasting it. Nice video!!!
Please explain us how a beginner should start investing... Following ESI where to invest and also suggest some knowledge sharing platforms which you think better for everyone to start off..
You rightly said . Never look at someone else . If at that level one should buy . I feel lot of luxury brand sedan will come into the market . Just look at the launch of 2023 cars . As he said good to buy a used luxury brand from known sources.
Cons of BMW are definitely not the difference between ex-showroom price and on-road price. Cons of BMW is the built-to-price engines and plastic parts which they use in their engine cooling systems and vanos that usually results in catastrophic failure sometime in every BMWs life .. usually after 40k kms. Expensive spares imported from EU also mean repairing these plastic cars often prove more expensive than buying fault free cars of some vintage. that is also the reason why so few used bimmers are seen on the road esp more than 10 years old.
1st time i skipped your video to know the specific context of vlog header but still I liked it.. surely will watch entire vlog again..and really thanks for guiding us to focus on what we can effort and be happy with it....❤
This is some gold info. I used to explain this in comment section of car portals like auto car , rushlane. Everyone was calling me a fool. But thank god someone is giving good information.
Difference b/w Sriman and former friends. While Sriman is honest and straight forward to his subs, on the other hand former friends are busy promoting other businesses by claiming as "non sponsored".
I've one suggestion, while making a informative video, please put the background music in low, so that the information you made doesn't get missed because even you were talking bit low so the information wasn't loud enough.
Thanks for giving such valuable information Anna 😂 Benz showroom chusi appudu pothano annkunde eppati nuchi complete opposite anukuta 🙏😂😂 Thanks anna once again ❤️
You forgot the interest rates. Hey Sriman I am driving a Crysta, Vento and Safari. All of these cost me 75 Lakhs including the interest less than your BMW. All my family members are using these vehicles. I knew about these taxes on luxury cars 8 years ago and decided not to purchase one because I am not convinced as the roads we drive these luxury cars are not safe and service costs are too expensive. So I recommend people even they are affordable not to buy luxury cars and become choo**ya.
Wonderful content sriman sir, i literally learn a lot from it, for few days I have been. Obsessed with buying a Bmw Which will give me thrill despite of the fact that my xuv 700 can give me a similar feeling,after watching it feeling more calm and controlled now. Really enjoyed your telegu emotional outbursts, ❤ happy New year in advance
Technically, a luxury car owner is not helping the economy in any way. Usually 99% of luxury car owners register their cars on their company name and claim depreciation every year and show it as company's expenditure and when the entire value of the car is claimed they will sell the vehicle and buy another . So, the tax is exempted on the entire value of the car + resale value. And luxury cars are imported so our country has to pay in dollars to import these cars in the first place, which is already a burden on our country's current account deficit. Moreover, luxury cars consume more fuel, and we import fuel using dollars. As the dollar reserve reduces, the rupee gets devalued, and inflation will start rising. It applies to the iPhone and everything that is imported and moreover all the serviceable parts including engine oil gets imported, so each lux car will consume more dollars in its lifetime so it is actually very bad for the economy, to discourage this act govt is imposing more taxes. But imagine how many iPhones can we import for the price of one BMW X1 ? If you say that I want a BMW because I love its driving experience and I can afford one, then I will totally agree with you, but I will not agree about helping the economy.
Simran, pretty interesting. A little bit more money added, would have gotten a apartment. Which one do you think would be good to have. What and where do you think you should invest. If I can only invest in either apt or a car, I will invest in an apt. If I can invest in car and apt, then I guess it makes sense. I was 40+ years before I could buy a luxury car, but before I was 35 years, I have already bought my first 3000sft house, which I sold and bought another 3600 sft home. After that I bought my first Merc E350 Luxury car.
Well explained. Unless your company provides you with a luxury car, it is not wise to buy a brand new car by paying all the taxes. Instead, it is better to by an used 5 year old car. You will get it for 40% of its actual price.
The only youtuber who talks about the subscriber's life standards.
he is here to show his car.
@@Liberty55555 😂😂😂
@@Liberty55555 and you are here cuz you can't get the car😂😂😂😂
After understanding the on road price of a luxury car , it feels better to buy a 20L car and feel happy, rather than to pour hard earned money on taxes , which do not feel satisfied at all
Correct 😊
Ejactly 😋
Sub 10L is even better .
End up paying our harden money to governments tummy
Better go for a used car if u want a premium car...
This is how a real influencer, should influence subscribers. Thank you Sriman
Never buy preowned luxury cars you will regret.if you buy 25lakhs mercedes 7YRS OLD C-CLASS It will cost same on repairs and service in 5yrs.
You arerightbut If you have some knowledge and find one with genuine service record and well maintained, then it might be a good idea.
Happy that you came up with the Cons of buying and owning a luxury car. Which I personally feel helps a lot of peoples to change their perspectives and hats off to you for coming out with reality and educate your subscribers in taking up hasty decision.
I bought an Audi A4 and I feel your pain. In addition to what you mentioned, we also pay an additional 18% GST on basic things like insurance, service package, and extended warranty too. I hate how much our government taxes us!
So much tax just to drive on pot hole filled roads and heavy traffic
Did you hate your country when got free vaccine shots? Pipped water supply? Electricity line? Colleges? Schools?
@@snape1596womp womp
@@snape1596 incase you are not aware there was a big problem in trying to get the so called vaccine shots which were pretty substandard. there is still a water scarcity. there are power cuts every 30 mins when it rains. if government schools and colleges are so good, encourage your family and children to join them. stop glazing the government for providing you with a substandard product with the amount of taxes they charge us
@@snape1596 We are already paying huge taxes and the benefits that you have mentioned are basic facilities. Dont ask questions like an Idi*t.
1st and foremost huge salute for this bold and open opinion of yours on Luxury vehicles. Appreciated!!
Takeaways:
Influencer telling not to get influenced!!
Leader creating leader!
Learn from others' failures and live in present!
Don't envy and don't compare!
Very very very beautiful video brother.. I’m a full blown petrolhead freak actually.. the way you presented this video is like receiving a car after ppf and ceramic coated.. that level of clean explanation.. our country and most of the small cities is not a good place for these kinda cars.. spending is one thing.. potholes, devil minded peeps who just wants to use their keys on your car, which you’ve maintained like way better than your baby.. one thing you said.. you should able to afford two of them.. that’s beautifully said.. ❤❤
Finally someone who shared this info. Surprisingly I got to know of these figures when I got my car invoice on purchase last year and was surprised to see how honda city zx cvt is 10L sells for 18L with all the taxes and extras as explained in this video.
Moral of the story only buy luxury cars if you have black money
You can't buy luxury cars even a used one with black money,forget a new one altogether. You will be inviting trouble any time from income tax dept.
@@MP-lb1bvpoliticians laughing in corner 😂. Nice try.
@user-hq2en2ev8s politicians smartly route their black money ,you or any of us regular guys try buying a luxury car with black money( unaccounted) and you'll know for yourself what I'm talking about.
@@MP-lb1bv ya the same IT department that issues notice to common men on legal actions but ignores majority of the celebrities and politicians including heavy capital business guys who know to save money under the hood.
Gone in market to buy XUV700 AX7L , ended up buying a 30L 2BHK flat and rented it for 15k per month 🤣
@drabhinavzchuplolo
Next video’s thumbnail will be “ am I planning to sell my BMW X4” 😂😂😂😂
😂
Bhaisaab the tax we are paying to govt for car, btr to purchace land for personel use,
Asking price? As u hav alrdy paid gst , igst😂
@@abhijitgupta4426 wahi toh bhai jamin kharid kae makan banakae bhare mae de de ... ya fir kheti kar lae 😂 ... kasam sae yar ... sokh pura karna mehenga hae lol
This Video makes sense...Huge taxes must be paid on a luxury car which is brand new and then comes the Road tax wherein the Govt lack's behind in providing sustainable roads in most parts of the country which is Irritating. Anyways attractive advice! Love from Goa❤️
For population greater than 141 cr and tax payers in country are just 7%.
@jaison reddy there's something called as indirect taxes
@@jaisonreddy everyone pays GST when they're buying stuff. Income tax is not the only kind of tax.
I mean roads really have improved by a lot in 7-8 years, they need to time and money to make city roads better, Things r changing really fast.
@@fazeenabdeen He is referring to those 7% who pay both Income tax and Indirect taxes. Double whammy.
After seeing all those taxes i felt It's waste of hard earned money and to take loan for buying such luxury cars 😂
what he said is true, most of my friends who can actually afford range rovers actually use cretas and skoda kodiaqs. money spent on car should always be a small part of your income whatsoever
@@harshith3022they basically don't want to pay the inflated prices that's all. Thanks to our greedy govn. We don't get value for the products and our lives as well.
Waste nahi hai bhai. Taxes se he desh chalta hai, schools bante hai, railways chalti hai.
@@snape1596 Saare taxes politians k pocket mai jata gai directly.
@@snape1596 chup lole
Amazing video. Thanks for the clarity.
My key takeaway is the following - Instead of buying a brand new luxury car, but a 3+ year car maintained immaculately so you get the benefit of depreciation and a much reduced tax outlay. This is amazing piece of advice. The only thing is how do we know the car is maintained immaculately and I also saw there is a huge cost variation for the same model car across different used car dealers.
Buying auto rickshaw is better option to you... low price low taxes... you can use that for your personal purpose and can rental income also... one more important thing "mileage" Bhar bhar k
After a long time Today's video watching was worth it. Most genuine content and much required for the newer generation.
Keep bringing these types of videos
This is the kind of content we are looking for. Absolutely honest words❤.
Yep, I bought a used luxury car for mostly professional purposes and occasional intercity shuttles. One thing that is missed out in the video is that even after buying an seconds luxury car, you are not free from electronics expenses. It's the electronics and tech sensors which would show it's age after 4~5 years and by that point you need to shell it out from your pocket(and not warrenty). However, mechanically these cars can drive for 2~3 lakh kms easily, may be suspension change after 1lakh kms but the electronic tech will burn you if you want those features. If not, something like a City or Verna should be fine for most of people who needs a car and can maintain it.
When it comes to luxury cars, second hand is always a good option if you are capable of inspecting the car thoroughly. Luxury cars have its own advantages in terms of driving experiance and especially in India people judge/respect differently if you come out from a Luxury car. I bought a 3 series BMW and its very well maintained which I can never get a new one at that price. Its worth it if you can maintain it well. I am loving it. Cheers.
How’s the service cost and maintenance?
@@suryarajendhran3004 40% more expensive
That’s not bad
You’re looking for outsiders validation…sad way to live honestly
Its not about others validation its more about how others see you the way you keep yourself and your things tacked. ONE LIFE 🧬 @@RipperDoc97
Hello Sriman anna..!!
I'm from karnataka I have been following you from past 5 year's now...I'm you old subscriber
These year's I have learnt from you many thing's like
1. Following passion
2. About bike's and cars
3. Family values
4. And the right way to save and invest money..!!
Love you Brother ❤
my man this is why i follow you most of the influencers just share about their life but your a germ you give great advices to your followers and really influence them and help them grow in their life. You fulfill the defination of an influencer , love you my man.........lots of love❤❤🙌🙌
One of the best videos after 1st Ladakh trip very informative, “don’t live in your future and spoil your present”.
Sriman anna u inspiring us and advicing perfectly ❤
Respect for being honest🙏🏽
this is what i love about your videos where you buy something big in life with your hardwork and make people realize the reality behind those purchases
I felt like not buying any of these premium cars in my whole life even if i get tons of money in future ..rather than paying those taxes i would be feeling happy to feed as many as needy people i can reach out ❤
Lol
Good for you
that's very inspiring, thanks for being kind and transparent with all that you say. definitely worthy of taking the advice and i hope you do more newer content with the new setup and things waiting in your headquarters. Good Luck Mr.Sriman
Own a business, buy a car through your business which will let you avail GST rebate. Since it’s a liability to your business you can also rebate it from your business expenses.
THE BEST UA-camR SEEN WHO IS OPEN TO HIS VIEWERS ❤️
THIS WAS MOST INSPIRING THANK YOU SO MUCH
You just said what’s in my heart ❤ can you also think of making a video on its maintenance. Last month my friend paid 80k for his Audi mirror which gave me heart attack. So it will even creat more awareness towards having a luxury car
Some happiness when i see you every time you upload a video
The one and only UA-camr who always says facts and always thinks about subscribers Love you sriman Bhai❤️
This is good lesson for every one ...who spending on luxury cars...thank u for sharing to every one...thank u sriman😊
Vw skoda is a blessing for middle class ❤, the best feel & build at almost half or 30-40 % of the price of luxury cars
Vw vento❤
But our stupid people don't want to buy those.... Good cars
Instead of buying x4..you could actually buy a m340i which is bang for your buck...that 374 hp makes it a perfect sports sedan that you can buy over there...and it costs you same as x4 did....and really thanks for your explanation and it made me think about it..
Ground clearance is the issue with 340i
coming soon vlogs : thinking of selling BMW, found a buyer for 45L etc etc...
13 mins of UA-cam spent well today. Thanks macha, this is informative and thought provoking.
Very nice informational video we want more amd can you make career selection video ❤
When you come from below middle class and lower, life teaches all financials & savings 👍
This explanation applied to people who are in jobs, but most of the luxury cars are owned by businessmen, who claim the GST under their business and easily save tons of taxes, they also show vehicle depreciation in their business books to save the tax.
GST input not allowed on cars unless it's used as a taxi. Get your fscts correct before commenting
This is gold. Thank you sir. I’ve worked in the industry and I am so happy you have shared this. ❤
100% on point. Great Video!
I sincerely appreciate the truth that u gave to people it's like eye opening video for lot of people
Imagine you pay 84 lakhs for a car which is 49 lakhs for a diesel, and you have to scrap it once its 10 years old.
This is India.
As a owner of 4 cars, the one I really enjoy in city is S-Presso, the cheapest car I own. Easy to drive, easy to park and less worry of some idiot damaging it.
Million dollar message & reminder. Be grearful for what you have. Dnt spoil your present over thinking about dreams & wishes.
My dad bought a X7 and a defender 110 x dynamic hse this year and payed 1.4 cr in taxes on the cars , so moral is see the on road price in your state and that the price of the car ( also you could take a loan and invest the lump sum in such a way you pay the emi’s before the date )
Love the video and it was very helpful. Please make a video on how much it cost to maintain a luxury car. Like service cost, maintenance, spare parts availability etc.
Wordless thank you till date every time you make this kind of vlogs I think are one of kind in today's era like nikkkhi MSK and fasbeam you all have some of one of kind Thing a thanks is nothing to all you guys
2:20 heart touching words
This is the perfect video for all those youngster out there to plan accordingly in their future expenses
Loved the blog , you could’ve also included the maintenance cost
Yes , cars have gst@28% + registration charges 12%+cess.. which are very huge.. but still most of the roads had patch holes
Luxury car are all imported (cbu).. so tax are higher.
CEO level meetings? Say this to Zuckerberg who drives a Honda Jazz.
Sadly in India rich people and businessmen are mocked
Camera and stuff looks interesting anna ❤
That is not that all, in 49 lakhs also u would had payed atleast 15 lakhs to German govt. Literally manufacturing cost is around 35 L
What about mahindra and tata it's the same
This is why we really addicted towards your videos ….who points every small facts like pros and cons ….🤝👏🏻👏🏻👏🏻👌🏻
Very well explained in the video. It's better to buy Fortuner and have a driver. That will be more luxurious.
Honest man... Really guided well... Well done
Sriman bhai in your much much previous vlog you have said your dad that i have planned everything for nisha ,can you please make a vlog about that planning ?
Most Valuable Vlog ❤ Thankyou #Sriman Anna
i have literally follow the sriman anna before i getting a dedication towards passion and my profession that time i follow the anna then i realise something is in your life for sure lets find out the thing then keep working struggle then i get a good government job to serve the who actually needs the good health that much iam giving patients health that is most precious time i got motivated by one person i saw his videos then i want to my life like my dear brother sriman anna
Firstly technicalities of the vlog is more mature & 267% Full HD Chimpenav.... This Upgrade is Nice added more value to the Content Sriman Anna. As Per u Said in insta story its Lit..🔥🔥
Bought a used 2013 w204 C class and still there is always tension if Iam taking the car to right location,parking etc. but a gem to drive ❤.
I’m a car guy but after watching ur video ……. I want peace-full life so I’m going on a budget of 25 to 45 🤧🫶🏻 after Covid the price to got crazy 🚀🚀🚀💸 (thank you Sriman ❤ )
Facts and truth are the things should be considered first than emotions. Once the emotion is fulfilled we get bored of it. Spending money wisely is important than wasting it. Nice video!!!
Please explain us how a beginner should start investing... Following ESI where to invest and also suggest some knowledge sharing platforms which you think better for everyone to start off..
Thank you so much sir for showing the true path. I will never buy a luxury car. I don’t want to pay all those taxes.
😮 Sriman u had paid a lot of money for taxes to buy a car. That's gaves me heart attack 🤯.
You rightly said . Never look at someone else . If at that level one should buy . I feel lot of luxury brand sedan will come into the market . Just look at the launch of 2023 cars . As he said good to buy a used luxury brand from known sources.
Great tip - If you cannot buy 2 of those items without thinking, don't even buy 1. That's some life advice brother, thanks!
Good video, love from northeast ↗️❤.
Common man's struggles explained so beautifully. ❤️
Well put, and covers all the best things. Good advice. Thank you
Cons of BMW are definitely not the difference between ex-showroom price and on-road price.
Cons of BMW is the built-to-price engines and plastic parts which they use in their engine cooling systems and vanos that usually results in catastrophic failure sometime in every BMWs life .. usually after 40k kms. Expensive spares imported from EU also mean repairing these plastic cars often prove more expensive than buying fault free cars of some vintage.
that is also the reason why so few used bimmers are seen on the road esp more than 10 years old.
1st time i skipped your video to know the specific context of vlog header but still I liked it.. surely will watch entire vlog again..and really thanks for guiding us to focus on what we can effort and be happy with it....❤
Useless to buy luxury car in India. 125 percent tax compared to USA. Buying a used 3-4 year car make senses
Genuine talks.Thats why I'm following u since u have Benelli.
This is some gold info. I used to explain this in comment section of car portals like auto car , rushlane. Everyone was calling me a fool. But thank god someone is giving good information.
I got an 6 year old Jaguar XJ in 23 lack😂😂 which was costed around 90 lack when previous owner purchased this beauty
How is the maintenance
Very Insightful Info on the intricate details made a lot of sense
Difference b/w Sriman and former friends. While Sriman is honest and straight forward to his subs, on the other hand former friends are busy promoting other businesses by claiming as "non sponsored".
This is exactly why if you wish to buy a luxury car, get a second hand one. You will enjoy a depreciated value and can get a good condition car
I've one suggestion, while making a informative video, please put the background music in low, so that the information you made doesn't get missed because even you were talking bit low so the information wasn't loud enough.
Thanks for giving such valuable information Anna 😂 Benz showroom chusi appudu pothano annkunde eppati nuchi complete opposite anukuta 🙏😂😂 Thanks anna once again ❤️
U spoke lot of sense keep it rocking , it helps many……
You forgot the interest rates. Hey Sriman I am driving a Crysta, Vento and Safari. All of these cost me 75 Lakhs including the interest less than your BMW. All my family members are using these vehicles. I knew about these taxes on luxury cars 8 years ago and decided not to purchase one because I am not convinced as the roads we drive these luxury cars are not safe and service costs are too expensive. So I recommend people even they are affordable not to buy luxury cars and become choo**ya.
Wonderful content sriman sir, i literally learn a lot from it, for few days I have been. Obsessed with buying a Bmw Which will give me thrill despite of the fact that my xuv 700 can give me a similar feeling,after watching it feeling more calm and controlled now. Really enjoyed your telegu emotional outbursts, ❤ happy New year in advance
Technically, a luxury car owner is not helping the economy in any way. Usually 99% of luxury car owners register their cars on their company name and claim depreciation every year and show it as company's expenditure and when the entire value of the car is claimed they will sell the vehicle and buy another . So, the tax is exempted on the entire value of the car + resale value.
And luxury cars are imported so our country has to pay in dollars to import these cars in the first place, which is already a burden on our country's current account deficit.
Moreover, luxury cars consume more fuel, and we import fuel using dollars. As the dollar reserve reduces, the rupee gets devalued, and inflation will start rising. It applies to the iPhone and everything that is imported and moreover all the serviceable parts including engine oil gets imported, so each lux car will consume more dollars in its lifetime so it is actually very bad for the economy, to discourage this act govt is imposing more taxes. But imagine how many iPhones can we import for the price of one BMW X1 ?
If you say that I want a BMW because I love its driving experience and I can afford one, then I will totally agree with you, but I will not agree about helping the economy.
Correct ga cheppavu anna ,chusenaa everythinng kavali anti ela anna, mana position chusee tesukovali
OMG , You are an extremely brave man. hats off.
🚩🙌🏻✨Hamara Sriman Anna -The Life Motivator 🤩🔥
Simran, pretty interesting. A little bit more money added, would have gotten a apartment. Which one do you think would be good to have. What and where do you think you should invest. If I can only invest in either apt or a car, I will invest in an apt. If I can invest in car and apt, then I guess it makes sense. I was 40+ years before I could buy a luxury car, but before I was 35 years, I have already bought my first 3000sft house, which I sold and bought another 3600 sft home. After that I bought my first Merc E350 Luxury car.
Really well done sriman sir appreciate your concern on today's youngsters and how to live a happy life at present.❤
Hello Sriman I want to buy your bmw after the depreciation period of it.😂
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Well explained. Unless your company provides you with a luxury car, it is not wise to buy a brand new car by paying all the taxes. Instead, it is better to by an used 5 year old car. You will get it for 40% of its actual price.
I'm 25, earning well and owning a Honda amaze.. Don't have any plans of buying luxury car or villa and I'm happy now