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What should be my salary to buy a Honda City?

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What should be my salary to buy a Honda City?

What should be my salary to buy a Honda City? – Quora. Approx min 20–25k per month u should able to spend only for car. It includes both emi and maintenance of car. The above case is applicable when u keep 75\% of car price is kept as loan.

How much should I earn to afford a car in India?

You can really afford a Car worth 7-9 Lakhs if your earning a salary around 90,000. Buying a first car is a dream for most of the people, so don’t hesitate to try each and every car until you find the one that fits your living style at your budget.

Is Honda City expensive to maintain?

The estimated maintenance cost of Honda City 4th Generation for 5 years is Rs 14,082. The first service after 5000 km, second service after 10000 km and third service after 20000 km is free of cost.

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Is Honda City worth to buy?

More comfortable than Verna. Fuel economy is good and maintenance is next to zero. Honda has to improve its looks and ground clearance. It has good music system and a very good multimedia system inside….User Review on Honda City V Diesel.

3.0 Exterior 5.0 Comfort
4.0 Performance 5.0 Fuel Economy
4.0 Value for Money

What car should be bought at what income?

1. Follow thumb rules. There is a thumb rule of not spending more than half of your annual household salary on the car. An individual earning Rs 10 lakh a year should at best buy a car worth Rs 5 lakh.

What salary do I need to buy a car?

What is better a Honda or Toyota?

With the categories we looked at, it turns out that Toyota is the superior brand, having more vehicles, better prices, and superior reliability. However, when it comes to choosing between Honda or Toyota, Honda is no slouch either, having similar reliability ratings, affordable prices, and even better safety ratings.

Which car brand has lowest maintenance cost?

Top 5 car brands with the lowest maintenance cost

  • Toyota. Arguably, Toyota has the lowest maintenance costs compared to other car brands.
  • Mazda. Mazda has an average repair cost of $286, according to CarMD.
  • Honda. On average, servicing a Honda vehicle costs $428 annually.
  • Hyundai.
  • KIA.
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Is it worth buying Honda City in 2021?

As a well-built and spacious hatchback, the City should be the first pick for many car buyers. Another thing that makes the City a worthy pick is its 510 litres of huge boot space that is more than enough for all your luggage needs. In fact, the City’s boot space is still one of the largest in the segment.

Which one is better Honda City or Verna?

The Honda City is the clear winner of this part of our Hyundai Verna vs Honda City comparison. In spite of having a more powerful engine than the City, the Verna petrol manages to offer a higher mileage. It’s only when you compare the automatic variants that the City ends up having a lead over the Verna petrol.

Which is the highest price of Honda in India 2021?

Honda Cars Price List (2021) in India Model Ex-Showroom Price Honda Amaze 5.93 – 9.79 Lakh Honda Jazz 7.45 – 9.40 Lakh Honda WR-V 8.08 – 10.48 Lakh Honda BRV 9.53 – 13.83 Lakh

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Which is the most luxurious Honda car available in India?

In the US and Canada, you have the Honda Acura as the luxury car. In India, this model is not available. The most luxurious Honda new car available in India is the Honda Accord Hybrid. It is also a CBU car imported from Thailand. Q6.

How much can you afford to buy a luxury car in India?

A person whose Income Tax Return (ITR) is of around 15,00,000/- INR , can afford a down payment of 8,00,000/- INR, EMI of 79,632 and monthly cost Of ownership including fuel expense of 17,564 can afford a Luxury Car in India. I have elaborated the above figures in detail in this answer.

Why is Honda’s hatchback budget car not popular in India?

Honda is a leading manufacturer of cars in India, but it does not match up to the market leaders. It is because Honda has only one car in the hatchback budget category. The other models are sedans, SUVs or premium hatchbacks. Hence, an average car buyer in India who prefers to go for budget hatchbacks does not have many options.