Car loan EMI is only the beginning: What it really costs to own a luxury car
· Business Today Mkts
A luxury car’s price tag and monthly EMI reveal only part of the financial commitment, with insurance, fuel, servicing and repairs adding significantly to the bill. Here’s how the total annual cost of owning a ₹40 lakh luxury car could exceed ₹12 lakh, including loan repayments and routine running expenses.
Market context
- Sector exposure: Financial Services, Insurance.
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