You asked: Can a doctor afford BMW in India?

As for the docs affliated with the Private Hospitals which offer ambulance services at a cost , which admit you as a patient only when you pay a large sum up front and even go the extent of earning of a lifeless body by keeping it for an extra couple of days , yeah they can afford a handful of BMW”S even.

Who can afford a BMW in India?

The most successful people in India who can afford a BMW are either business men or entrepreneurs. 1)If you have time ,do some courses in your field of interest. If your interests and career match, no one can stop you from being successful. 2) If you have money( not enough to buy a BMW).

Can a doctor afford a Lamborghini in India?

Strange is possible economically however an Indian Doctor is rarely seen in a Lamborghini in India.

Who can afford BMW?

Yes salaried people can afford BMW but your monthly saving should be around 1–2 lakh per month( i.e salary after all your expenses) with this one can easily afford the BMW as a service cost around 50k-60k and if there is simple fault( i.e shoker replacement normal cost 3000 but bmw part cost around 50k per shoker) it …

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Can a MBBS doctor buy a Lamborghini?

Definitely you can… becoming MBBS doesn’t curtail your right to buy a Lamborghini… If you are rich enough to buy one! If it’s a few crores then you technically can.

What salary do I need to buy a BMW?

You will need to pay around Rs. 50,000 per month for a lowest model of new BMW for 7 years. Now just add some additional expenses you and your car’s maintenance. For the insaurance renewal after every one year you need to pay around 1.2 lakh.

Is it worth buying a BMW in India?

Yes this much amount . BMW and other German cars are very expensive to maintain and own. They don’t last in Indian conditions for more than 5 years. It is not wise for an Indian middle class to buy BMW or any other luxury car.

Who is the richest doctor in India?

Undoubtedly, Doctor Arvind Lal, who chairs Dr. Lal PathLabs is the richest doctor in India in 2021.

In which country Lamborghini is cheapest?

According to the findings, Canada has the lowest entry price for the coupe, at $231,700 (US$173,613) or 81 per cent cheaper than the global average.

Can a doctor afford a Rolls Royce?

However, one can see that the yearly insurance of the RR alone cost around 20 lakhs, which is just the annual salary of the senior prof, plus the RTO charge doubles the professors wage. Hence, it’s really impossible for an AIIMS doctor to buy a Rolls-Royce, if he/she is solely dependent on one source of income.

Who can afford luxury cars in India?

A person whose Income Tax Return (ITR) is of around 15,00,000/- INR , can afford a down payment of 8,00,000/- INR, EMI of 79,632 and monthly cost Of ownership including fuel expense of 17,564 can afford a Luxury Car in India.

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How much is a downpayment on a BMW?

As a general rule, you should pay 20 percent of the price of the vehicle as a down payment.

How much do BMW owners make?

New BMW owner demographics: average income of a BMW owner

The average household income of a new BMW car or SUV buyer in 2020 is $124,800 per year. To compare that to the US population, the median household income in the United States in 2017 was $61,372.

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