How much should I spend to buy my first car as a 25-year-old? I aksed ChatGPt to do the math
3 hours ago
2
At 25 and earning ₹60,000 a month, prioritize financial security when buying your first car. Aim for a price within ₹6–8 lakh and a loan of ₹4–5 lakh over 4–5 years. Maintain savings and consider prepayment as your income rises to save on interest.