BQPortfolio speaks to citizens from across India about their financial goals and helps them access expert advice on how to achieve them.
For many, buying a car is more than just a transaction. It is the fulfillment of a long held dream, an aspiration. Mumbai’s Amit Kundal has long dreamt of owning a luxury car BMW X3. Kundal, who is in his early 30s and earns an annual income of Rs 30 lakh, has finally decided that he wants to buy a pre-owned car two years from now, and estimates that he will need a little over Rs 20 lakh to do so.
On this episode of BQPortfolio, Kartik Jhaveri, director at Transcend Consulting, helps Kundal with a simple formula that will enable him to buy the car and save some money.