Buy Your Dream Car on a Low Salary: EMI & Down Payment Guide!

• Car ownership is a major dream for Indians, often challenging for those earning under ₹50,000/month.
• Advice: For ₹45-50k salary, consider ₹5-6 lakh cars; keep down payment at 20% of salary and EMI under 10%.
• This strategy ensures low EMI pressure and manageable maintenance costs for budget-friendly vehicles.
• Budget car options include Maruti Suzuki Alto K10, Tata Tiago, Hyundai Grand i10 Nios, and Renault KWID.
• Example: Maruti Celerio (on-road ₹6.20 lakh) with 20% down payment results in approx ₹12,109 EMI for 4 years at 8% interest.

Why It Matters: Low salary? Smart planning with budget cars and controlled EMIs can make car ownership a reality.