Hello I am planning to buy a chevrolet beat LT And I want

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Hello! I am planning to buy a chevrolet beat LT. And I want to finance it, is it suitable for a person earn 15,000 per month? As you see the petrol prices are going up and up, so is it okay to buy a petrol car?
  • 2597 day(s) ago by Kamal Rastogi
Under: Chevrolet Beat #Cars
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Answers submitted by Users

owning such car at this time would not be feasible as more than half of your salary would be used up by your car.
on an assumption.
Beat costs around Rs.4.25lakh on road and if you pay 1.25 lakhs as downpayment and other expenses and rest 3 lakhs is 5 year loan, so you need your EMI would be of Rs6500 approx.

and approx Rs3000 petrol per month(rest dpend upon your driving and usage) .
total Rs.9500 per month

i would say if you want to own a car then you can buy tata nono Lx(top model) costs you around RS.2 lakhs on road,

approx 3500 EMI(vary on your loan amount) and 2000 for petrol depending upon your usage.

i would appreciate to go for tata nano as a car it always protects from every season(rain,heat,cold), safer than two wheeler.

Posted: 2597 day(s) ago

Considering general EMI,maintenance, fuel costs, it would be ideal to go for used car like Maruti 800.You can get personal loan from co operative banks forthe same.

Posted: 2594 day(s) ago

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