UberMOTO launches in Bangalore today
Sudip Dutta

Great article Sudip.

I feel we can expand this analysis to examine if buying a new vehicle is worth the deal in big cities. This would be particularly interesting for the newer generations.

Apart from the factors you have already mentioned, some others would be

  • Parking — certainly a big pain in cities
  • Insurance charges
  • Annual maintenance charges
  • Weekly cleaning charges (if you are using some cleaning service)
  • Depreciation cost on your vehicle
  • Interest to be paid if you are financing the loan
  • Opportunity cost of using the money spent on buying the vehicle. It could be used elsewhere to potentially earn an interest
  • ..maybe more
Like what you read? Give Srikumar Murthy a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.