How much should I spend to buy my first car as a 25-year-old? I aksed ChatGPT to do the math

· livemint.com

At 25 and earning ₹60,000 a month, prioritize financial security when buying your first car. Aim for a price within ₹6–8 lakh and a loan of ₹4–5 lakh over 4–5 years. Maintain savings and consider prepayment as your income rises to save on interest.

I asked AI how much should I spend to buy my first car? Here's what it said.

I asked ChatGPT: I am 25 and have just started earning ₹60,000 a month as my fir...


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