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Old 20th December 2020, 02:05   #31
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Re: Financial considerations & optimizations while buying & maintaining a car

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Originally Posted by aniyo View Post
Hi All,

Great thread. I am very careful when recording my expenses and on car this is up to date.
I love this app. I use it as wel. This is enough to track the entire amount that you have spent on your car. To the paisa. Amazing app. For anyone looking to track your total cost if ownership on a car, i suggent you to use this app.
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Old 6th April 2021, 11:14   #32
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Re: Financial considerations & optimizations while buying & maintaining a car

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Originally Posted by rageshgr View Post
Petrol vs Diesel

Having disposed off the emotional part, from a financial stand-point, most diesel cars are 10% costlier than their petrol counterparts. Add to it the fact that petrol and diesel prices are converging. Hence, unless you have a running of at least 1500 km per month, buying a cheaper petrol car would outweigh the fuel cost gains got by a diesel. However if the diesel and petrol cars are of similar price, then buying the diesel should be a no-brainer from a running cost stand-point.
Good 101 article. I would like to add that the maintenance cost of Diesel engines would be much higher than Petrol. Also, the resale value of Petrol cars tend to be better.
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