How Much Should You Spend On A New Vehicle Purchase? | MotorInc Spark

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  • čas přidán 6. 07. 2024
  • Doing the paperwork to bring a new car or motorcycle home is an exciting time and in there, often, we get tempted to stretch for a vehicle that feels like a good upgrade but it means we end up stretching our budgets further than we planned. That is a source of worry. And worrying? It's not a way to live, right? Kartikeya Singhee discusses how to approach the new car/bike budget with the idea that your new car or motorcycle needs to do whatever you want it to do without worry.
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    CHAPTERS
    00:00-01:08 Worrying Is Easy!
    01:09-01:56 Budget Maxed Out!
    01:57-03:27 The Motoring Fund
    03:28-04:16 The Vehicle's Real Job
    04:17-05:32 Half Your Income
    05:33-06:48 20-4-10 Rule
    07:05-08:03 The Experience Budget
    08:04--8:34 Conclusion
    ~
    More videos like this? • MotorInc Spark
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Komentáře • 561

  • @hgpoovanna4069
    @hgpoovanna4069 Před rokem +362

    Back in 2021 when i decided to get myself a bike i had a budget if 2 lakhs (on road ). I was planning to stretch it by 30k and get the duke 200, but then made up my mind and bought the rtr 200 4v for 1.75L. That was a good move, finished off the loan in a year, the bike doesent demand any extra care , im hvin fun 😀. Used up the left over 25k out of my 2L budget on a good helmet, jacket, gloves......whch aftr a year and half helped me survive a crash without a scratch.

    • @motorinc
      @motorinc  Před rokem +75

      Fantastic to hear your experience HGP! Thank you for sharing it here. Will be helpful to others in the MotorInc family!

    • @AdventureGuruji
      @AdventureGuruji Před rokem +2

      The duke 200 still cost 2.30 lakh in 2023

    • @hgpoovanna4069
      @hgpoovanna4069 Před 11 měsíci +5

      @@AdventureGuruji depends whch state u r from bro. Karnataka has more tax. Right now duke 200 costs close to 2.5l on road

    • @tejasjain9910
      @tejasjain9910 Před 6 měsíci +4

      Sir those who have the yearly income of 5LPA can't buy any cars then with the mathematics which you explained 😢

    • @rohitvyas13
      @rohitvyas13 Před 4 měsíci +6

      @@tejasjain9910 you shouldn't really buy a car with an income of 5LPA

  • @Ymraq
    @Ymraq Před rokem +34

    @MotorInc! Please please please don’t ever change. Your channel is such a breath of fresh air!
    I have seen so many channels start off great but eventually all of them just become an advertising channel for the vehicle manufacturers.
    So please please please don’t change!!

    • @motorinc
      @motorinc  Před rokem +6

      With encouragement like this! Don’t you worry! ❤️

  • @shantanu_d
    @shantanu_d Před rokem +96

    The last line was gold 👍
    Reminded me of an incident at a footwear showroom where the sales executive was explaining how to take care of their premium "paper leather" shoes. After listening for a few minutes a friend said that seems like I will have to wear it on my head.

  • @rydshane
    @rydshane Před rokem +103

    I could not agree with this more! Fell into the trappings of an aspirational purchase when it came to a car, overstretched, and then felt every bump on the road and every tiny scratch on the body. And, now when I'm buying a bike, I really don't want to worry about it, I want to ride, I want to live a bit of my life through it. And, this perspective just re-enforces that belief. Thank you so much for your words, Kartikeya!

    • @motorinc
      @motorinc  Před rokem +11

      We live, we learn! Wish you the best for the next one Shane! And thank you!

    • @rahulkrish9840
      @rahulkrish9840 Před rokem +2

      If you feel every bump on the road, then you have bought the wrong car. Stop blaming cars for your poor decision making skill.

    • @rohanvarghese1829
      @rohanvarghese1829 Před rokem +6

      @@rahulkrish9840It's not a big deal if a customer wants both ride comfort and ride dynamics

    • @prakharraj9027
      @prakharraj9027 Před rokem +11

      ​@@rahulkrish9840 it is being said metaphorically and not "literally". Hope to see you being a little more humble next time.

    • @beginner2probiker
      @beginner2probiker Před rokem +1

      I think society influenced to buy a car and later regret it. What ever you buy plan maintence cost before buy. I know someone who bought car without their parking lot, initially manage to get space from neighborhood now they neighbor own one, they force to park their car at month rent of 1500

  • @Mithrandir95
    @Mithrandir95 Před rokem +175

    At a time when everyone is focused on spending more and showing off more. Thanks Shumi, Kartikeya and @MotorInc for being different. It’s important to go through the journey of learning how to love your machine irrespective of how cheap or costly it is. While also being practical and not going into debt

    • @motorinc
      @motorinc  Před rokem +8

      Thanks! ❤️

    • @NikhilKumarM
      @NikhilKumarM Před rokem

      Amazing comment but why tubeless male?

    • @retipserjayzoom
      @retipserjayzoom Před 9 měsíci +1

      It is very true considering, people don't even test full potential of their bikes nor do they upgrade their skills, but go crazy upgrading bikes. A skilled rider will always looks graceful even on a 100cc "ugly" looking bike

    • @rajraghu07
      @rajraghu07 Před 9 měsíci

      @motorinc Really Appreciate your efforts and work

  • @itsmepaahinath9789
    @itsmepaahinath9789 Před rokem +120

    Totally agree with your point. Since 2017, my dad had this dream of geting a Jeep compass. It used to cost about 60% of his annual income during its initial launch. Due to different financial commitments he waited a little longer before making the purchase. Then came covid and he lost his previous job, he realised that there wasnt much of a time left to wait and just after he got his new job and covid cases got reduced by the end of 2021, he decided to make his dream purchase even though the car costed way more than before. We took the delivery of our Compass model S on January 2022 and it was the best day of our lives. But it wasnt all good. Previously we used own a 2009 model Suzuki Ritz, we still have it and it’s in perfect condition. It was a hell lot of fun car to drive, and my dad used to rock it while driving. In the initial stages after buying the car, it always looked like he was trying to protect the car instead of enjoying driving it. He used to go at a slower pace than he is used to and became a little more careful. It was a heartbreaking day when the car had its first minor accident, when a scooter guy came and hit on the rear bumper of our parked car, it was just returning home after having ceramic coating.
    It’s been over an year since the purchase and thankfully the car is still in its showroom condition.
    Although we love the car and it was in all sense a dream come true for my dad and a big motivation for me, there’s always a sense of extra care and fear of damage to the vehicle. With time these fear does come down and I realise that I feared more than my dad. He keeps on saying, he bought the car to protect us on the road. But still, before making any such decision, I would recommend you to think twice and interospect about how much risk you are ready to take and what’s the purpose for the purchase.

    • @motorinc
      @motorinc  Před rokem +32

      What a great comment! Thank you for sharing your perspective. It's true -- how much we worry and how it affects what we purchase and use are so personal!

    • @harisshlunanii507
      @harisshlunanii507 Před 9 měsíci +6

      Seriously an eye opener

  • @owaisparvez6232
    @owaisparvez6232 Před rokem +23

    This is a gem. So many people need to hear this today and the perspective is true for passions/ products not just cars...

    • @motorinc
      @motorinc  Před rokem +4

      Thanks OP! Good to see you in the comments again!

  • @axmyoz
    @axmyoz Před rokem +27

    I so wanted to apply for a vehicle loan and get my dream bike for my birthday this year.... I'm very glad you guys uploaded this video. Definitely not ready to get into a commitment like a bike for now. Gonna hustle more and wait a bit longer. Slowly but surely.

    • @motorinc
      @motorinc  Před rokem +12

      Excellent! Hustle now. Enjoy better. 😀 we are with you!

  • @AnoopKumarPG21
    @AnoopKumarPG21 Před rokem +37

    Damn, I never thought things through this perspective. Such a simple point, yet so effective. Most of us, always stretch our financial limits to own that dream machine and later on baby it so that we can sell it for a better price whenever that happens. Instead, what Mr K said makes so much sense. Kudos to the team in bringing up such meaningful and thought provoking topics.

    • @motorinc
      @motorinc  Před rokem +4

      Hey Anoop! Glad we could help! Thanks for holding on!

  • @m80555
    @m80555 Před rokem +1

    Absolutely fantastic video, straight to the point. No running around bushes. Crisp as other videos. Kudos to your hard work and experience ❤

  • @bigbearbangalore
    @bigbearbangalore Před rokem +4

    This is more than just automobile advice. This is life advice. Thanks. Cheers!

    • @motorinc
      @motorinc  Před rokem

      Hullo BBB! Glad to know it hit the spot. Thanks!

  • @swapnilb4877
    @swapnilb4877 Před rokem +4

    This video is just pure gold. Amazing stuff

  • @PrateekGarg-fb3yy
    @PrateekGarg-fb3yy Před rokem +2

    Bang on, this is such an eye opener piece of advice. With noises all around to either constantly upgrade or be lost, this video is such a pearl of wisdom. Really wanted to upgrade my current car just within 4 years of ownership, but now believe it's time to introspect before making any impulsive decisions.

  • @nitinjadhav108
    @nitinjadhav108 Před 7 měsíci

    This is one of the most wise videos, i have come by, in terms of money and possessing automobiles. The views staged in the video i have always held within me, but today seeing this video they got validation!❤🎉.
    Sincerely Thankyou to make such a wonderful video... All the best!!🌷

  • @darani123
    @darani123 Před rokem +10

    Bold but necessary video every Indian needs at this point of time. Again @motorinc has done it the right way instead of just boasting about what the vehicle offer. Today its become a trend to buy car for its features than remembering that its a vehicle that moves from PointA to PointB. Buy only what you need and what you can afford. Very sensible & true advice an auto enthusiast can give. Kudos to the @motorinc team and hatsoff for your work again.

    • @motorinc
      @motorinc  Před rokem

      Thank you D! Appreciate the encouragement! 🙏🏾

  • @neo4646
    @neo4646 Před rokem +2

    This was really needed. One of untouched angle of buying/owning car or motorcycle... Mostly people makes decision just on EMI!

  • @anshumanpanda1227
    @anshumanpanda1227 Před 7 měsíci

    I like few videos, but this must be liked. Great job guys.

  • @saif_sayyad
    @saif_sayyad Před rokem

    This channel is just perfect! It has every aspect and perspective from an experienced hobbyist and enthusiast.

    • @motorinc
      @motorinc  Před rokem

      Hill SS! Thrilled to have you with us and kicking off conversations! 🙏🏾

  • @dinhorox199
    @dinhorox199 Před rokem +15

    Very interesting insight! I kind of made myself accept that vehicles are prone to get damaged here and there, especially due to the traffic sense (or the lack of it) in India. I ended up buying a secondhand Corolla Altis for 1/10th of it’s showroom price and had some of the best experiences through it! Acceptance is the key. 😄

    • @motorinc
      @motorinc  Před rokem +4

      We can see the halo from here! Bodhi power!

  • @drsumantamajumdar2771

    Brilliant talk ! Makes sense .. Thank You Kartik ...

  • @rohandanielisaac8107
    @rohandanielisaac8107 Před rokem +1

    Thanks for the wonderful advice.
    Cheers Kartikeya

    • @motorinc
      @motorinc  Před rokem

      Thank you so much Rohan! Happy to know you liked this.

  • @iamrajatsinghpatel
    @iamrajatsinghpatel Před rokem

    Bro this video is gold! Also this new look of yours is so freaking good!!!

  • @Abhishek-rl3no
    @Abhishek-rl3no Před 9 měsíci +3

    The line, "You should own the vehicle not you your vehicle owns you" completely blew my mind. I'm a big yamaha fan and was planning to get MT15 but after the Speed 400 buzz in the market I was more attracted to it despite knowing it's milage nd maintanence.
    Surely I'm gonna get the MT-15 as i currently own a R15 V2 from 2017 which still runs very smooth without a engine problem since then.
    Kudos to team MotorInc 💙

  • @thomsonjoseph1830
    @thomsonjoseph1830 Před měsícem

    This is a very good video , most useful one i come across in recent days.

    • @motorinc
      @motorinc  Před měsícem

      Glad to hear that @thomsonjoseph1830.

  • @prabhusantoshpanda5259
    @prabhusantoshpanda5259 Před rokem +1

    Gold of a content educating riders on really important aspects of owning a vehicle. Keep going U guys.

  • @manojunited1
    @manojunited1 Před rokem +1

    Great message! We can apply this to any purchase decision. What we are going to do with that thing and the experiences we will get out of our purchase is more important than simply acquiring something.

    • @motorinc
      @motorinc  Před rokem

      We don’t know about that! For different spends different percentages apply. 😆 Buying a house just won’t be possible with this. Hehe. WhT were you looking to use it for?

    • @manojunited1
      @manojunited1 Před rokem

      @@motorinc Have I missed something?

    • @motorinc
      @motorinc  Před rokem

      We’ve had a reply or two appear in a different thread now and then. Maybe this is one of those times 🤷🏽‍♂️

  • @sagar61sugar
    @sagar61sugar Před rokem +2

    I totally agree with this and realised this recently personally. I had 2 issues back to back one with my car and another with my bike. I just straight went to the service centre and fixed these issues and was so relieved and could use these machines without a fuss. Earlier i used to worry a lot about these things and would end spending unwillingly.
    You should always get what you can afford and maintain. It's not just about one time buying, you have to use them maintain them. I've seen People buy cars and cannot pay the fuel price to use them.

    • @motorinc
      @motorinc  Před rokem

      Phew! Glad to know you had planned ahead! Thanks for sharing your garage stories with us!

  • @nimishjoshi5492
    @nimishjoshi5492 Před měsícem

    This channel is just GOLD !!

    • @motorinc
      @motorinc  Před měsícem

      Thank you for being with us!

  • @bkbehera3113
    @bkbehera3113 Před rokem

    You buddy have grown up …this shows that you are genuinely interested in sharing wisdom and not just grab likes..stretching budget is an easy pitfall for almost all car buyers…thanks for sharing…

  • @akhilkaval
    @akhilkaval Před rokem +2

    Thank you for making me do maths in the morning. Head is spinning. Now I am going to spend the rest of my day wondering about which motorcycle / car I can buy today with the 20 - 10 - 4 rule !! even though I dont intend to buy one.
    Always appreciate such informative videos !

    • @motorinc
      @motorinc  Před rokem +1

      Hahah Kartik fumbled and stumbled the math himself! Hope the day has gotten better now.. 😃

  • @joseph3b3
    @joseph3b3 Před rokem +24

    So cool that they didn't edit the part where there was a small confusion when Karti was explaining the 20-10-4 rule... This CZcams channel is so legit...
    We are here for such original, legit, true content...

    • @motorinc
      @motorinc  Před rokem

      Haha glad to know that! And, thank you so much! 🙏🏾

  • @jubinsinghal
    @jubinsinghal Před rokem +3

    Thank you and great work as always. Great to hear 'seasoned people' resonate my thoughts and validating them for myself. Of late i have had 'uncles' buying their 'last cars'. In essence a car for retirement years something which they will grow too old for eventually. Can u do a video on it. Thanks, love and appreciation for team.

    • @motorinc
      @motorinc  Před rokem

      Hullo Jubin! Thank you and glad to know this connects! And thanks for the recommendation- what would you want to be discussed in that? Suggestions for them? 😁

  • @ruchirtd1
    @ruchirtd1 Před rokem

    The timing of this video couldn’t be more perfect…just planning to buy new bike and this helped a lot!!

    • @motorinc
      @motorinc  Před rokem +1

      All the best Ruchir! Thanks for speaking up here!

  • @scienceByV
    @scienceByV Před 9 měsíci

    One of My fav automotive channel.

  • @rjev35
    @rjev35 Před 4 měsíci

    I just love the spark in you when you discuss your real life experiences. This really didn't make me nap! 😉

  • @maneetsinghbagga2898
    @maneetsinghbagga2898 Před 10 měsíci

    Very apt, Not many auto-journos touch upon such important issues.
    Kudos

    • @motorinc
      @motorinc  Před 10 měsíci

      Thank you, Maneet! Glad you liked it.

  • @nikhilbansal87
    @nikhilbansal87 Před rokem

    Oh man, this video is amazing. Covered many relevant things and i could feel the joy in your eyes when you were describing the extra set of wheels 😂. Keep this up guys

  • @avikrpandit
    @avikrpandit Před rokem

    Absolutely on point as always ❤

  • @Thejas-86
    @Thejas-86 Před rokem

    Dang, this is the best episode yet! Thanks KS!

    • @motorinc
      @motorinc  Před rokem

      Hola! Thank you for that! 🙏🏾

  • @aniruddhakumardutta8925
    @aniruddhakumardutta8925 Před rokem +1

    Much needed video👍.
    Nicely explained

  • @tuhinroy8762
    @tuhinroy8762 Před rokem +9

    Very well articulated. Since these are aspirational purchases, sometimes we lose the sense of value and end up burdening ourselves. It is hard but who can master their minds they are the winners here. Other than the income and emi ratios, if you have equal amount of savings of what you are buying then it is much easier to deal with with great levels of confidence. For example, buying a 10l car then you should have at least 10l savings in your account at least.

    • @motorinc
      @motorinc  Před rokem +2

      Yes. Doing the math is so important!

  • @rishabhrastogi506
    @rishabhrastogi506 Před rokem +1

    Good, serious and real-world content. Keep it up.

  • @pulkittandon4896
    @pulkittandon4896 Před rokem +1

    MotorInc is my Satsang!
    It inspires, educate and manipulates :P
    Love your work and you both!

    • @motorinc
      @motorinc  Před rokem

      Our intent is to Inspire, educate and engage. Definitely manipulation is not our intent or our principle.

    • @pulkittandon4896
      @pulkittandon4896 Před rokem +1

      @@motorinc Yes ofcourse!
      Thays where there was a 😜 . Good luck!

  • @amarpradeep
    @amarpradeep Před rokem +2

    It's hard to find videos of a well-articulated perspective regarding vehicles (pretty much any other topic for that matter). Really appreciate the thought process that you guys put into before starting an idea for a video. I have been wanting to buy an RE with a budget of 3L (kept aside 7L in total to make this 3L purchase, to counteract my purchase through same amount in savings). But I still want to wait and accumulate another 2-3 L before making the purchase. Because it's only when we start using a vehicle that we truly get an understanding of what we need as accessories to enjoy the ride and what we don't need. I don't want to be that guy that makes hasty decisions out of love just for the sake of it. I wanna savor every moment I spend with the bike and I don't want unplanned/unexpected expenses/dents for the vehicle to ruin my experience. Thank you once again for making such videos. More people will be able to make an informed decision before spending huge amounts on these things.

    • @abk23
      @abk23 Před 12 dny +1

      That sounds awesome man. Did you end up buying?

    • @amarpradeep
      @amarpradeep Před 12 dny

      @@abk23 Yes, I did. I bought a Honda CB350RS. Haven’t regretted my decision at all.

  • @sameer_dhingra
    @sameer_dhingra Před rokem +14

    I never imagined to be paying 20k per year for zero dep insurance renewal from the dealership. Also spending around 35k for extended warranty for 4 years was not something I was expecting above the cost of the final price of the car. I've also spent more than 1 lakh in petrol over the last year and a half. So yeah, if I had maxed out my budget while purchasing, I would have been unable to buy all this and gotten stuck now.
    I am also expecting to spend between 25-40k on tyres within the coming year, so that's another extra thing to plan.

    • @motorinc
      @motorinc  Před rokem +1

      Fantastic! Glad to know you got this figured!

    • @rahulkrish9840
      @rahulkrish9840 Před rokem

      Pls take a taxi boss. You have made wrong decision

  • @vikastangudu712
    @vikastangudu712 Před rokem +1

    Very straight to the point, excellent advice. Truly great vedio.. Thank you so much brother ❤

  • @Raj-pw9nd
    @Raj-pw9nd Před 7 měsíci

    What a great explanation dude... Really appreciate it 🙌❤️

  • @siddhesh2002
    @siddhesh2002 Před rokem

    I have had known this finance for buying a vehicle but none of the vehicle influencer have included it n you did it , Just excellent!

    • @motorinc
      @motorinc  Před rokem

      Haha Thanks so much. We’ll stick to automobiles - everything auto! So. .. some bits of finance.

  • @aBrokenShard
    @aBrokenShard Před 3 měsíci

    That's pretty great advice! Good philosophy for life in general too.

  • @deeptripathi03
    @deeptripathi03 Před rokem

    such an informative video in fact all your videos are. congratulations and thank you for taking pragmatism and practicality around motorcycles and cars to the masses.

    • @motorinc
      @motorinc  Před rokem

      Hope to help increase the moments of joy with our machines! Thanks so much!

  • @saanjoesam1815
    @saanjoesam1815 Před rokem

    Thank you Karthikeya. Understood every points you've said and will keep them in mind👍💯

    • @motorinc
      @motorinc  Před rokem +1

      Hey Sam, thanks for listening! And for writing in! Means a lot.

  • @npaul1440
    @npaul1440 Před rokem +1

    The way you explain is very genuine

  • @swapnil988
    @swapnil988 Před 3 měsíci

    The video we didnt know we needed

  • @ChidanandMohapatra1725

    What an amazing perspective from Mr. Karthik.. definitely gonna use it as I plan to expand my garage.. Thanks a Tonn🎉 the wait is gonna be longer.. bt the fruit will definitely be that much more sweeter.

    • @motorinc
      @motorinc  Před rokem

      Hullo CM! Wish you all the best ! And yes the wait will be worth it. Kartik waited a loooooong time before he bought his Busa. Worth it!

  • @anirudh163
    @anirudh163 Před rokem

    It is for such unique and wholesome content that we've signed up for ♥ . More of such content please !

    • @motorinc
      @motorinc  Před rokem +1

      Thanks Anirudh! More coming!

  • @TheScorp06
    @TheScorp06 Před 4 měsíci +1

    A couple of years ago, I bought a pre-owned CBR 250R. It was 10 years old and needed some care , but the engine was immaculate and for less than 40K it was a steal. Since then, I've had immense fun on it, from weekend rides to trips. And I've spent more on riding gear than what I bought it for. Now that I can, I am ready to buy a more expensive motorcycle straight from the showroom floor.

  • @shivakumarsaminathan2847

    100% !! I did same in my first car purchase.
    Its a Base variant coz single engine option - many told just base variant go get a second hand top variant? To me its a great choice coz i can fit accessories according to my taste and NEED. Second hand wont suit me. Im like, get a new one enjoy atleast five years (not an enthusiast)
    But engine is very reliable and safe to an extent too
    I spent on accessories which i felt much much needed (i put seat cover after 5 months. Coz my mind said many times that 'yes u have to put seat cover ')
    I didnt run behind brand, i run behind reliable brand and superior after sales support
    I use the car fully by spending less
    Finally im super happy with my car, stress free ownership. Im not worrying about my car. It serves the purpose in a great way.
    Dont be emotional , do the math purchase it then fell in love with it

    • @motorinc
      @motorinc  Před rokem +1

      Loved the last line! Glad to know that! Thank you for sharing your story with all of us! Will help others too!

  • @ShantanuDeshmukh88
    @ShantanuDeshmukh88 Před 7 měsíci

    Lot of wisdom packed in small video. Hats off to Motorinc for similar great content on your channel.
    I went against the market trend of show-baazi and bought Tata Tigor petrol. Literally No one buys this car. But it has spot on handling, steering, great suspension. Cabin comfort is great. Big boot that satisfied my touring requirements. Engine is not spunky and is not that refined. But the car is 4* safety rated. It is also very compact so I feel no stress when driving through tight spots, city traffic etc. With BH registration it costed me just ₹8L. Which is much less than 3 times my annual earnings. I don't worry too much on mileage as I know I haven't spent crazy amount upfront anyways. And I only took 40% of cost as loan, that too to save some liquidity.
    I may look small, insignificant in front of other 95% financed hulking "SUVs". But I know I have made the most practical decision both requirement wise and money wise. In a way I am standing out in the crowd now and I like it 😅

  • @N0tTh3Pr0
    @N0tTh3Pr0 Před rokem +2

    Great video and all as always motorinc, the cherry on top was that even after having a couple of bikes and cars through different finance methods like emi’s and all… even Karthikeya fumbled initially while explaining emi… it is very confusing and too much for my brain I just save up and buy the vehicle… and also that “spend no more than half of your income “ on such things,is actually something that has been a family lineage for us lol..

    • @motorinc
      @motorinc  Před rokem +1

      Hullo again! And that’s awesome - better to spend knowing fully well you can afford it. And hello to the family!

  • @Newbutold
    @Newbutold Před rokem +1

    Thank you. Just when I was thinking of adding a sibling to my current car in Jimny 😅

  • @Aditya-tj6vv
    @Aditya-tj6vv Před rokem

    Thank you Kartikeya sir for such useful insights! These things help a lot in planning a dream motorcycle. That financing part was very insightful. I didn't get to hear them elsewhere.

    • @motorinc
      @motorinc  Před rokem

      Hey Aditya! Happy to know it was helpful! Thank you!

  • @curtisjackson3375
    @curtisjackson3375 Před 2 měsíci

    This CZcams channel just love them 😊

  • @vintechtalk1094
    @vintechtalk1094 Před 9 měsíci

    I hope all the prospective car or motorcycle buyers watch this video. We Indians stretch too thin to buy a bigger vehicle mostly for snob value. It’s amazing how some people think of impressing others with their purchase rather than to satisfy their own needs and happiness. Especially when it comes to vehicles don’t take a lot of loan to buy because vehicles are a depreciating asset, shop within your limits and enjoy your vehicle to the fullest. Thanks so much for this video. Highly appreciated 👍

  • @ramprasath9822
    @ramprasath9822 Před 4 měsíci

    awesome!!

  • @daksh_saroha
    @daksh_saroha Před rokem

    What a beautiful take on 'do you own your vehicle or does your vehicle own you'. Kudos to MotorInc for consistently creating crème de la crème of motoring content.

    • @motorinc
      @motorinc  Před rokem +1

      Thanks so much Daksh! Your feedback and suggestion matters so much!

  • @SushantaOjha95
    @SushantaOjha95 Před rokem

    It’s a very important lesson that today I learned. Thank you so much.

  • @jaymohannair363
    @jaymohannair363 Před rokem +1

    You are right. There was a phase when my car controlled my happiness. Was always thinking about someone ruining the car paint, what if it gets a dent etc. Spent a lot on keeping it in showroom like condition and purchasing additional accessories. And the irony is I didn't go for many trips. Got transferred to another location as part of job role. Sold the car. I'm much more peaceful now. ✌️

    • @motorinc
      @motorinc  Před rokem +1

      Thanks for sharing!! All of us learn from our mistakes and that's how we evolve to making better and more informed decisions in the future.

  • @bharatkhanna007
    @bharatkhanna007 Před rokem +1

    Fantastic ❤

  • @goswami25T
    @goswami25T Před rokem +8

    The best and greatest advice, it helped me in a second infact no words to appreciate, i were wandering and having so many doubts about planning my first bike, which bike should it be when and how to manage funds for riding gears and all, and see everything is sorted in this video.
    Thank you so much!
    Team motorinc...😊
    One more request to you please make a video on riding gears about...as there are so many cities who have enthusiasts living there how will they approach riding gears buying them online or offline or some suggestions and whatever you want to put in that video but please make one on it

    • @motorinc
      @motorinc  Před rokem +1

      Hullo GJ7461! Thank you - for writing in and the recommendation! And all the best for your ride! ❤️

  • @akhilreddydwaram
    @akhilreddydwaram Před rokem

    I am thinking of purchasing a car. I am bit confused on whether to stretch or not. And I love to have fun with the car. This video reinforces by belief on not to stretch my budget.

  • @amiyachourasiya
    @amiyachourasiya Před rokem

    Wow wow wow, we are at very much the same frequency. I also think the same. The joy you get when you do not have the stress and tension of owning something costly and that you make all use of it and are carefree is enormous. I have seen people spending on Harrier and XUVs and are afraid to do a particular stretch or hardly take it out twice or thrice in a month, what a waste of money. Rather buy a Brezza or Sonet and make full use of it and be tension free.

    • @motorinc
      @motorinc  Před rokem

      Hi! We agree then! Awesome. Thanks for dropping a message here. Do let us know if you have any suggestions for us!

  • @thandruphani
    @thandruphani Před měsícem

    I wish the video was long , it just ended in a snap ,,, We can listen to this guy for all day long and the approach he provides is awesome,,.. thanks Karthikeya😊

    • @motorinc
      @motorinc  Před měsícem

      Thank you for the kind words @thandruphani! We'll pass on your compliments.

  • @tylerbarnes_
    @tylerbarnes_ Před rokem

    A lot of people need to watch this video.🔥🔥
    Sharing it instantly👍🏻

  • @thomasece
    @thomasece Před 9 měsíci

    You are a Guru man, I like the way your thought process and the mature thought process.

    • @motorinc
      @motorinc  Před 9 měsíci

      Thank you for these kind words.

  • @classychandu5090
    @classychandu5090 Před rokem

    Eye opener 👀

  • @amolgurav3475
    @amolgurav3475 Před 2 měsíci

    This is a greay advice! I had exact ssme thought process when I recently bought RE Meteor 350(after a 7-8 year pause of living without a motorycyle). I just missed the fun of riding a motorycycle. I bought it without any loan. I could have bought something which cost twice as much, but it would have brought in the exact same worries that you mentioned Kartikeya. Kudos to you guys. You guys are spreading the rare wisdom on this channel!!

    • @motorinc
      @motorinc  Před 2 měsíci

      Awesome! Congratulations Amol! Glad we can help!

  • @vzvish357
    @vzvish357 Před 3 měsíci

    this is what I followed with my recent purchase: went for loan (67% of onroad amount); didnt go beyond my CTC amount no matter what;
    (my reasoning: with 30% of average annual saving I should be able to virtually recoup the onroad amount in ~4years)
    was aspiring AT (preferably TC) but not a deal breaker since I enjoy MT; if price delta is not much then prefer top model

  • @ytlfv
    @ytlfv Před 10 měsíci

    Words worth Gold!
    Please continue the good work and stick to your philosophy, big fan! ❤❤❤❤

  • @woody_vlogs
    @woody_vlogs Před 11 měsíci

    Wanted to change/upgrade my tb350 (2015) as it was having engine oil leak issue due to a damaged main drain bolt and also had been giving me tail bone pain.
    Sold it for ₹80k. Had to pay the same remaining amount ₹1.5L that i paid in 2015 to buy my tb for buying classic 350 or cb350 now.
    Instead i paid ₹20k extra and got by cbr250r as a third owner with 26k on the odo.
    In cc perspective it might be a downgrade, but on a overall experience perspective, it definitely is an upgrade for me.
    Just changing the engine oil once a year and brake pads once in 2 years. Such a low maintenance bike and a healthy sports tourer👍🏻🔥🔥

  • @ronyrulez29
    @ronyrulez29 Před rokem

    Well said......
    But I feel in some cases passion defies logic. We love travelling as a family and my kids are the happiest when they are travelling so for us a a vehicle purchase is a family decision. A thing with which we will be creating many memories in the coming years.
    During our current vehicle hunting we had finalized a budget after following all calculators. But during test drives we all loved something which was exceeding it by 25%. So when it came to finalizing it, both of sons told we dont need any toys for coming years lets have that car which we all loved.
    Also I feel if its a thing which all of family enjoys and agrees to, then we definitely will find the funds to maitain and enjoy it fully.

    • @motorinc
      @motorinc  Před rokem +1

      Amazing!! That’s such a lovely incident to know of. Thank you for sharing it with all of us. Wish you all happy motoring!

  • @lunatic9390
    @lunatic9390 Před rokem

    Great content as always ❤

    • @motorinc
      @motorinc  Před rokem +1

      Thank you L… Whut..
      Thank you. That’s just fine.
      🤪

  • @AweshN
    @AweshN Před rokem

    Extremely useful video

  • @smilekapoor
    @smilekapoor Před rokem

    Very apt thoughts on owning the car or bike... 😊

  • @NalinKhurb
    @NalinKhurb Před rokem

    Very prudent advice Mr. Singhee. Appreciate it 👍

  • @unnikrishnanvasudevan3763

    This is so true. If i stretch a bit, i could buy a Merc, entry level though. But I decided to go with a used Toyota for those family needs and a used Octavia to satisfy my high speed cravings. That way, i am able to fully utilise the potential of both the cars without worrying about the maintenance costs. A few lakhs for Mechatronics ? No problem. Suspension change every 3 to 4 years ? No problem.... Such things do not put stress on my finances at all.

  • @ulhasmahale1119
    @ulhasmahale1119 Před rokem

    I wish i had seen such a superb video way bck in 2021... Very important to plan Perfectly...

    • @motorinc
      @motorinc  Před rokem

      😀 Hello again Ulhas! Would you be okay to share what happened then? Might be helpful for others. Thanks in advance.

    • @ulhasmahale1119
      @ulhasmahale1119 Před rokem +1

      @@motorinc Shock badi cheez hai, Bought a 16 lacs car ,Kept payin hefty EMI,realised hardly m doin any savings, sold it off and came back to reality 🙂, I was lucky i sold it with a minimal loss but still after paying emi for almost 2 yrs ,i wish I had taken a mature decision back then... In the end a lesson learned, buy within ur limits ,njoy wid it,work hard and then go for the big fish..

  • @Vallabha_Sayar
    @Vallabha_Sayar Před rokem

    4:02 to 4:09 is a core philosophy even from the Gita. Nothing should own you. Well said Kartikeya

    • @motorinc
      @motorinc  Před rokem

      Really! Thanks for enlightening us! 😁

  • @gautamlnt
    @gautamlnt Před rokem

    Superb insights from all of your experiences. You guys are doing great and I see this channel appearing in top3 car&bike category very soon, u know which are the other 2 channels 🤪🤪
    For me you are already on no. 1 😁😁

  • @AutoKay
    @AutoKay Před rokem

    This is a very important video.
    I didn't keep the buffer of 20% wherein now I have to manage accessories from my savings.
    One calculation I followed was, (as shumi says) fix a monthly emi for yourself. Ideally could be 10-15% of your salary. 12k-13k if you make 90k - 100k wach month. Add 8-10k worth of fuel + maintenance (if you cover 1000km @12kpl).
    So 25K goes towards the car. You can play with loan tenure as the interest is 2-2.5% higher than inflation rate. So ideally longer the loan, inflation takes care. Also, if you are young in 20's, in 5-7 years, 12-15k will mean not much.
    Don't compromise on the vehicle. I couldn't like driving Hyundai Tata Suzuki cars (except swift) and ended up buying a pre-owned ford figo (9k kms in Warranty)

    • @motorinc
      @motorinc  Před rokem

      Hullo AK! Good to see you again! Thanks for sharing your experiences and tips! Super helpful.

  • @Blackcoffee715
    @Blackcoffee715 Před 4 měsíci

    Well said !

  • @abhijitkundu1879
    @abhijitkundu1879 Před 4 dny

    Absolutely correct 🌹❤️

  • @tranquiloofficial24
    @tranquiloofficial24 Před 3 měsíci +1

    We bought the petrol 2018 Hyundai Tucson after we permanently settled in Kerala. We thought it will be our only car and we had compass, tucson, creta, karoq, tiguan etc. We bought the tucson thinking that it will be our only car. Just to protect our car, we built a seperate garage which allows 2 cars to park. This was because of the size of the vehicle, and it was damn hard for parking in small towns and very impractical for daily town commutes and my father would checking the car often after we parked the car road side. So we bought a year back 2018 santro for daily use. But after a year, it had clutch issues and power was so poor. So we upgraded to i10 nios. Now we are planning to sell the tucson for an electric car because we almost spend 10-12k rupees per month for petrol only. And we will sell the i10 after my graduation.

  • @karankhetwani3470
    @karankhetwani3470 Před rokem

    The Vir Das-esque patient speech and golden mistakes-accepted takes! Lovely and informative

  • @Dheeeeraj
    @Dheeeeraj Před rokem +1

    This video was a must after the last 'How to judge a car' video!

    • @Dheeeeraj
      @Dheeeeraj Před rokem +1

      Also Kartikeya seems to be experimenting with his looks. Nice!

    • @motorinc
      @motorinc  Před rokem +1

      Hello Dheeraj! Thanks so much for the shout out! Glad to know you liked it.

  • @abhishek-wk4eg
    @abhishek-wk4eg Před rokem

    @3:58 words of wisdom. Thanks

  • @nikhilsp13
    @nikhilsp13 Před rokem

    Gold standard video!

  • @rishi2504
    @rishi2504 Před měsícem

    Amazing content as always! It feels like team-bhp got a voice 🙂

  • @ontheroad8149
    @ontheroad8149 Před rokem +1

    Perhaps that suit joker guy did not know you owned a Busa too😂. My only problem with the leather suits is they can’t be used everywhere like mesh jackets. Costs a bomb on top of that. Great finance tips there Singhee. Regarding EMI, make sure you always have 3 months next worth of its EMI and fuel/service expenses in the bank. In this age of overspend that other channels advocate, you’re a gem. I’m putting off the purchase of a less run 2016 Multistrada 1200S just for this. I need that odd 2-3L to upgrade to good helmets and riding gear. Picking up a good preowned example, like Shumis ex1200S is also a good idea, but certainly not on loan. It’s with a TeamBHP member now and he loves that motorcycle to bits, it’s his only one now. It never even got listed, saw multiple test rides even. just sold a couple of weeks after he traded it in. let Shumi know about this guys!

    • @motorinc
      @motorinc  Před rokem

      Hola OTR! Thank you! Kartikeya’s friend meant well. The ‘Busa came much later. Wish you the best for the Multi! Take your time. Keep us posted though!

    • @ontheroad8149
      @ontheroad8149 Před rokem

      @@motorinc just one query guys, does the Multi support a quickshifter? I want one if I’m owning one and this 2016 example that I’m considering doesn’t have it!

  • @satyabratapal8977
    @satyabratapal8977 Před rokem

    ❤ for this video and Karthikeya's advice is spot on.

    • @motorinc
      @motorinc  Před rokem

      Hullo SBP! Glad to know we could be of help! ❤️

  • @banothuvenkatadri1608
    @banothuvenkatadri1608 Před rokem +1

    Very good information and practical