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UPSC educator rejects 'depreciating asset' tag for cars, advises buying at over ₹1L/month income to save up to 730 hours

UPSC educator rejects 'depreciating asset' tag for cars, advises buying at over ₹1L/month income to save up to 730 hours

UPSC educator Amit Kilhor has advised car buyers to consider the time saved on commuting, which can range from 250 to 700 hours per year, rather than just focusing on depreciation. He suggests purchasing a car that fits within one's budget and income level, which should ideally be over ₹1 lakh per month.

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