How expensive will it be to maintain a car in future?

Feb 18

How expensive will it be to maintain a car in future?

Today I spent my complete day with a friend of mine. We are neighbors. So after our lunch we were watching an old movie ‘chupke chupke’, where in once scene the driver repairs the car, and the owner of the car says to his wife that if the car had been taken to workshop then then minimum Rs100 bill would have come. This was some 30 years ago. I am not an economist, but will do some simple math without bringing any inflation or current salary trends in.

Today if you take your car to workshop then you will spend minimum Rs.1000, and I m only talking about a samll car. So it is almost 10 times more than that as it used to be in 70’s. If we continue to go at this pace, then in next 20 to 25 years taking a car to workshop may be as expensive as spending 2 nights in a 5 star hotel today.

Now look at the petrol price today, it is above Rs.52 per liter, which 30 years ago was just Rs.10. I still remember taking my father’s scooter out and then 2-3 rupees from friends and filling petrol for Rs.10. The oil prices today we get are highly subsidized by government but which still means the price of petrol has gone up by 5 times. In next 25-30 years this price of petrol may be equivalent to taking a family of 4 for a movie today.

It will be so good if there is some machine which does not require any maintenance and fuel.