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With ₹30 LPA salary, should you buy a luxury car worth ₹50 lakh? EMI maths explained
The brief
- A ₹50 lakh luxury car may seem affordable on a ₹30 lakh salary
- Insurance and servicing can consume up to 50% of income
- Tata Motors launches Aeris at ₹5.29 lakh, targets 7.5 lakh-plus annual vehicle sales, EVs remain in focus
- Trump admin to roll out lower fuel economy standards for cars, light trucks
- Thar, Scorpio, XUV 7XO may get costlier as Mahindra weighs another SUV price hike
- Mahindra weighs another SUV price increase as commodity costs rise
- Tata Motors focuses on sedan amid mounting cost pressures