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Savings With Uber/Ola: 3 Years Calculation

This document compares the total cost of ownership for a Wagon R Petrol and Wagon R CNG over 3 and 5 years versus taking Uber/Ola. It calculates the monthly fuel cost, other monthly costs, 3 and 5 year costs, resale value, and savings of taking Uber/Ola based on costs like fuel price, mileage, maintenance, insurance, parking and driver fees. Over 3 years, the savings of taking Uber/Ola is estimated at ₹314,978 for the petrol version and ₹117,022 for the CNG version. Over 5 years, the savings are estimated at ₹510,673 for petrol and ₹184,033 for CNG.

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0% found this document useful (0 votes)
160 views2 pages

Savings With Uber/Ola: 3 Years Calculation

This document compares the total cost of ownership for a Wagon R Petrol and Wagon R CNG over 3 and 5 years versus taking Uber/Ola. It calculates the monthly fuel cost, other monthly costs, 3 and 5 year costs, resale value, and savings of taking Uber/Ola based on costs like fuel price, mileage, maintenance, insurance, parking and driver fees. Over 3 years, the savings of taking Uber/Ola is estimated at ₹314,978 for the petrol version and ₹117,022 for the CNG version. Over 5 years, the savings are estimated at ₹510,673 for petrol and ₹184,033 for CNG.

Uploaded by

Harsha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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A Car Price

B Monthly KM
C Mileage(KM/L)
D Fuel Price
E=B/C*D Monthly Fuel Cost
F Other Monthly Cost (Maintenance & Insurance)
G Parking
H Cost of Driver
I Approx per KM cost
J=H*B Monthly Fare
3 Years Calculation
K=(E+F+G+H+I)*36 3 Year Cost
L Resale Value
M=A-L Cost of Car
N=K+M Total Cost of Ownership in 3 years
O Interest Earned on Lumpsum (7% post Tax)
P=K-O Total Cost of Uber/Ola for 3 years
Savings with Uber/Ola
5 Years Calculations
Q=(E+F+G+H+I)*60 5 Year Cost
R Resale Value
S=A-R Cost of Car
T=Q+S Total Cost of Ownership in 3 years
U Interest Earned on Lumpsum (7% post Tax)
V=Q-U Total Cost of Uber/Ola for 3 years
Savings with Uber/Ola
Wagon R Petrol VXI Wagon R CNG LXI Uber/Ola
₹520,000 ₹540,000
1,000 1,000 1,000
₹17 ₹20
₹75 ₹42
₹4,412 ₹2,100
₹2,000 ₹2,500
₹1,000 ₹1,000
₹0 ₹0
₹12
₹12,000
s Calculation
₹266,824 ₹201,600 ₹432,000
₹320,000 ₹340,000
₹200,000 ₹200,000
₹466,824 ₹401,600
₹117,022
₹314,978
₹151,846 ₹86,622
s Calculations
₹444,706 ₹336,000 ₹720,000
₹270,000 ₹270,000
₹250,000 ₹270,000
₹694,706 ₹606,000
₹209,327
₹510,673
₹184,033 ₹95,327

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