On this episode Pattu and Sid are joined by Deepak Mistry, an Automobile Industry veteran (currently with Audi India), and we cover: - why Pattu was hesitant about this episode- how Pattu moves around in Chennai !- are Indians buying cars for utiliy or status?- Is it time for India to control the number of cars on our roads?- thumbrules for first time car buyers- Pattu gives us a thumbrule for the value of your car- Deepak counters Pattu's thumbrule !- Pattu gives us a timely reminder about retirement !- EMI thumbrules- Pattu suggests a used car - but Deepak thinks a used car makes sense only if ___- Does a 3 year EMI plan makes sense or a 7 year EMI plan ??- What makes more financial sense - to flip your car within 3 years, or run it into the ground?!- Environmental impact of constant churn of vehicles- How does a first time car buyer select car insurance?- Zero depreciation and is it important?- An approach to maintenance and its costs- In 2024, should you buy an EV or an ICE car?See omnystudio.com/listener for privacy information.