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Old 28th June 2010, 14:35   #1
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Smile Ritz Diesel or Petrol ??

Hi

I am 6 feet tall guy and requires a good leg room car. After reviewing many cars I have shortlisted RITZ...My monthly usage is 1000 kms ..

Which version shud I go ? Petrol or diesel ? I am calculating like this (Petrol seems to be winner)

Usage = 1000 kms
Ritz Petrol avg =13
Petrol reqd in one month = 77 litres (approx)
so expenditure = 77*51 = 3927/- ..lets say 4000/-


Ritz Diesel avg =16
Diesel reqd in one month = 62.5 litres (approx)
so expenditure = 62.5*40= 2500/-
So savings = 4000-2500 = 1500/ per month


so in 1 yr I wud be saving 18k
and in 5 yrs it will be 90k ....so diesel car wud prove useful if kept for more than 5 yrs


But if I buy diesel car today, I am giving 90k as of now while in Petrol I am saving 90k


Lets put 90k @ 8% FD ..so sum returned in 5 yrs = 133735/-


So doesnt that prove Petrol car is more gud ?


Plz advice


TIA
Sumit
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Old 28th June 2010, 15:06   #2
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Please mention where those 1000 kms will be driven. Urban, Extra urban, etc. 1000 km/month points to a petrol. Also take into consideration that the diesel subsidy MAY soon be withdrawn.
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Old 28th June 2010, 15:09   #3
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600 kms will be driven on highways and not so good roads..400 km in city
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Old 28th June 2010, 16:33   #4
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Please continue here:

http://www.team-bhp.com/forum/indian...diesel-15.html (The financial Truth: Petrol vs Diesel)

Thanks
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