DancingNoodle
DancingNoodle
34mo

Car to family income ratio poll

People you have bought car, what was your ratio of on-road price of the car to the family income(at the time of buying car) . Eg. If car is worth 10L and family income is 20LPA, ratio would be 0.5

≤ 0.1
0.2 to 0.3
0.4 to 0.5
0.6 to 0.8
≥ 0.8
🍿/ Others
93 votesexpired
34mo ago
CosmicPretzel
CosmicPretzel

These metrics 😂😂 I'm sure the OP is a PM at a Consumer tech company.

Shouldn't buying a car be a function of utility, family size and budget rather than income?

QuirkyBanana
QuirkyBanana

Exactly. I get 2.5 L monthly in hand, but do not see a need to buy any car. I am in Mumbai and have a rickshaw stand near my house. Metro and railway are nearby. I can get an Uber anytime as well. And if necessary, car and driver rentals are also available

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