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The mathematics I have been taught throughout my life all comes down to this calculation and car is just a symbol of any over spending, at last take the philosophy out without jotting the blue line.

Also if you got a logically better deal feel free to comment.
So the mathematics run down like this :

Most common commute: from home to office/college/any place

Number of days: 5 (out of 7 days)

Car travel: 5*4 = 20 = 20 days per month

Average cost of Uber/Ola (to and fro) = INR 300 (assuming INR 150 for one-time)

Monthly cost = INR 300*20 = INR 6,000

Yearly cost = INR 6,000*12 = INR 72,000

Now, the cost of the car (assume on-road price with taxes and everything) = INR 6,50,000

How many years do you need to drive by Uber/Ola to have it MORE EXPENSIVE than buying a car?

No. of years = 6,50,000/72,000 = approximately 9 years

But, let’s take it as 7 years (since the prices are going to increase every year due to inflation).

Now, what if you put the same INR 6,50,000 in a debt mutual fund that averages an 8% return per annum? How much will it be worth in 7 years?

First year = 0.08*6,50,000 = 52,000 + 6,50,000 = INR 7,02,000

Second year = 0.08*7,02,000 = 56,160 + 7,02,000 = INR 7,58,160

Third year = 0.08*7,58,160 = 60,652 + 7,58,160 = INR 8,18,812

Fourth year = 0.08*8,18,812 = 65,505 + 8,18,812 = INR 8,84,317

Fifth year = 0.08*8,84,317 = 70,745 + 8,84,317 = INR 9,55,062

Sixth year = 0.08*9,55,062 = 76,404 + 9,55,062 = INR 10,31,466

Seventh year = 0.08*10,31,466 = 82,517 + 10,31,466 = INR 11,13,983

So, how much did our investment give us?

Initial amount = INR 6,50,000

Final amount = INR 11,13,983

Profit = 4,63,983 or a WHOPPING 71.382% gain.

“Nope, I don’t need a car. I will travel by train/bus/auto/Uber/Ola.”

Yeah! I will miss some awesome road trips and outings but is having a car really necessary for that.
Ahem! Myles/Zoom cars/ ECO😑
Because curing and outsourcing goes hand in hand and this is what an ecosystem does to you. 

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