I am earning 1,40,000 per month.Should I buy a SUV XUV 7XO worth 25 lakh ? As I always want to buy a car.Am I spending recklessly?

YES

Shauk badi chij hai.. if u dnt have anything else to invest n u like that car than buy it..why u need opinion from others? Ppl spend money based on their priorities. U cant decide based on their mind set. Car is not investment like other stuff.. that is why i said in starting shauk badi chij hai n if u have money and you like it then buy it

If you are managing your finances well, which means saving enough, has a certain corpus built already...then why not...in the end it is all about balancing things out...too much saving by not living life is as bad as spending everything and not thinking about the future ....

So no layoff?

I bought this car when we started earning 7 lakh per month combined with spouse. Happily used dzire fr a decade , still dzire gets used more than xuv. Xuv 7xo is a good car but average is bad, so consider maintenance

Buy anything if you have cash after saving 30% of your take home, else start saving. Job market is in doldrums, avoid emis, loans and unwarranted expenses.