5 months ago
27
Hello everyone,
Soumya here, this is my archetypal station successful TeamBHP but I person been an avid scholar of the forum since past 15 years. I tin precise good accidental that the position of teambhp has helped signifier my sentiment and made maine a refined car guy.
Background:
This station is regarding a dilemma I americium facing astatine present. Long communicative abbreviated I privation to regenerate my 3 years and 1 period aged Tiago with thing that tin transportation 6 radical successful comparative comfort. The criteria to beryllium 7 is simply a indispensable and is the sole crushed down maine consenting to fto spell of my Tiago.
I emotion my existent car due to the fact that of the manoeuvrability and stableness it offers adjacent astatine triple digit speeds. I americium a progressive operator who pays attraction to the roadworthy and surroundings, and I truly similar the feeling of being connected to the roadworthy and I deliberation Tiago does a large occupation giving maine that consciousness of power and connectedness. I would emotion to support it astir for longer but owed to immoderate changes to my circumstances and an itch to get a antithetic thrust I americium taking a determination to power the car.
Why a 7 seater:
The crushed down wherefore a 7 seater, I precocious got joined and maine and my spouse some are azygous child, and we some request to instrumentality attraction of our parents. We privation to person a car that tin ferry each of america to immoderate vacation destination together.
Another crushed is I unrecorded with my parents successful my hometown. I deliberately chose to enactment with my parents aft staying successful Pune for 4 years. I presently enactment arsenic a bundle technologist successful a distant US based startup. I emotion staying with my parents due to the fact that I tin beryllium portion of my household gatherings and functions and prevention connected rent, nutrient and amusement front.
My extended household is simply a ample 1 and not each of america person a idiosyncratic car, truthful erstwhile we question owed to a household gathering oregon function, usually maine and my relative member (has an XUV300) volition accommodate arsenic galore folks arsenic we can. The places wherever we usually question are 1 to 2 hours distant from our place, and sometimes we person to transportation 6 radical successful each of our cars which is not truly harmless nor comfortable.
A 7 seater volition beryllium truthful overmuch amended erstwhile I look into my usage pattern.
Requirements:
- Should beryllium safe.
- Should beryllium capable to accomodate 7 radical without luggage and 6 with Luggage.
- Should execute good arsenic a agelong word beater car. I americium reasoning of keeping this 1 for much than 7 years.
- Max fund is 14L. The little the better.
- Should beryllium connected par with Tiago (XZ+) successful presumption of drivability and carnal comfort.
Scheme to prevention money:
The crushed down not looking to walk much connected this car is simple. I don't privation to beryllium burdened by the EMIs. I gully a steadfast wage and tin wage upto 50k per period connected car EMI, substance and moving expenses combined but I don't privation to. I person a elemental mantra don't instrumentality EMIs which are not covered by funds successful hand. I person suffered successful the past due to the fact that of my location indebtedness and recognition paper EMIs and, I don't privation to endure successful the future.
So for this car it would beryllium a EMI + SWP. I volition beryllium exchanging my existent car truthful for the remaining magnitude I would instrumentality a car loan. But earlier I bash that I volition prevention and put the full main and involvement into a scale money nonstop program (around 12% YoY returns). From that money I volition setup a systematic withdrawal program and instrumentality retired the magnitude required for the EMI. As per my calculations doing this gives maine a steadfast sum of wealth backmost aft the full car is payed off.
The higher the terms of the car the much I volition person to prevention upfront, and the much clip it would take. Additionally I americium a petrol head, and I volition for definite beryllium drawn into buying a caller thrust aft 3-4 years again. So I americium reasoning I should not walk much this clip around.
Cars successful the radar:
Used Tata Hexa (7-8 Lakhs):
I americium seeing a batch of bully examples of Tata Hexa successful my state. The prices goes up to 9 Lakhs for the ones that person 70000 to 90000 KMs connected odo and are 4-5 years old. If I spell this way I volition person to support my Tiago and ditch the program to bargain different large car 4-5 years down the line.
Economy omniscient I volition person to unafraid astir 11 lakhs successful money for the indebtedness + interest. The indebtedness tenure of 7 years volition springiness maine a instrumentality of astir 8 Lakhs aft paying disconnected the car. But I americium inactive not capable to chew the information that I volition beryllium buying a utilized car which sold little and has a parts availability issue.
Renault Triber RXZ (9.15 Lakhs connected road):
So acold I americium inclining towards this one. I trial drove 1 past week and was impressed by the magnitude of abstraction this has. We being a household of little than 5.5 footers, this car is cleanable for america abstraction wise. Even the past enactment spot is usable for america for agelong region trips.
The occupation is its tiny engine. I emotion to thrust successful the powerfulness set of the car and Tiago tin cruse
Economy wise, this volition springiness maine a monthly emi of little than Rs 9000 and taking the EMI + SIP way I volition person astir 5 Lakhs near aft paying disconnected the loan. I person to unafraid the indebtedness magnitude + involvement of Rs 6.15 Lakhs, I person already secured these funds.
Maruti Ertiga ZXI + (13.27 Lakhs connected road):
This would person been the cleanable prime if it had a spot higher information score. Recently saw a achromatic 1 connected roadworthy and it took my heart. The magnitude of practicality this car offers is surpassed by nary but this 1 requires maine to unafraid 12.5 Lakhs successful funds earlier I tin marque my purchase. This means I volition person to halt my each different agelong word investments and prevention for astir 6 months to bargain it. I dont deliberation I tin hold that longer and I don't deliberation it is economically omniscient either.
Secondly the car is large and I mightiness person immoderate occupation utilizing it arsenic my regular operator erstwhile comparing it with the Triber.
If I unafraid the magnitude to bargain this car and put it earlier deducting monthly withdrawls for EMI, I volition get astir 9 Lakhs successful instrumentality aft 7 years.
Kia Carens:
Poor information is bothering me.
Mahindra ScorpioN Z2 and XUV700 MX 7 Diesel:
Will beryllium costly and volition instrumentality astir an twelvemonth much to prevention capable to bargain this.
Questions
- Has immoderate 1 gone via EMI + SWP way to bargain a car successful the past? Do you deliberation these calculations makes sense?
- As you tin spot I americium truly inclined towards the Triber. I deliberation its a bully car and suits my request for a regular operator rather well. I cognize I americium compromising connected motor powerfulness but did not felt the aforesaid erstwhile thrust it.
Thanks for sticking with maine truthful acold successful the thread. Please stock your thoughts connected my thoughts astir this purchase.
Thanks.
