India has more than 14 carmakers selling cars ranging from a few lakh rupees to a few crore rupees. Passenger car sales in India are dominated by small and midsize cars. As many as 30 lakh passenger cars were sold in India in the last financial year. Now, it’s time for you to buy your first car. You have saved enough money and are all set to visit the dealership. But, have you thought through how much you will need to spend till your car is fit enough to drive you around? Shelling out your money to buy a car is often not enough; a car demands love and care, which costs money over its life of 10-15 years. We take a deep dive into each and every penny that you may need to spend to buy and keep your car in mint condition till you want to sell it off.

The latest edition of Financial Express Manage Your Money, “From my first car to my next: The journey of buying, maintaining and selling”, will have discussions on buying and maintaining your car through its life.

Discussion Topic

Panel Discussion: Buying my first car and keeping it for life


Pankaj Bansal

Chief Business Officer

Parthanil Ghosh

President - Retail Business
HDFC ERGO General Insurance

Rajeev Govil

Vice President - B2B Sales, India & South Asia
Castrol India Limited

Ramesh Dorairajan

Senior General Manager, Network Management and EV Sales
Tata Motors Passenger Vehicle Ltd

Shaleen Agrawal

Editor - Markets, Financial Express Online (Moderator)

Discussion Areas

Buying your first car
Calculating loan: Interest, EMI, Tenure
Paying off your car loan: Things to remember
Selling a car on loan: Things to remember
Dealer accessories: The useful ones and bells & whistles
Ownership expenses through the life of the car
Accessorizing your car
Ex-showroom price vs on-road price
Petrol vs Diesel vs Electric vs CNG vs LPG
Car Insurance: Cost, How to buy, Components, Renewal
Selling your car
Getting the best value
Documents requirement

Who Should Attend?

Salaried Employees
Business Owners
Car Buyers
Car Owners
Car Dealers
Used Car Dealers
Car Accessories Dealers
Service Centres
Loan Managers
Insurance Companies, Agents

Why Should You Attend?

India sells way more than a lakh cars per month, with August passenger cars alone topping 1.3 lakh units. The volume growth is on an uptrend, driven by improving chip availability and channel stocking before the festive season. While the sales of cars are considerably increasing, what are the do(s) and don’t(s) one needs to go through when buying a new car? What are the things to remember while getting a car loan or while paying off that car loan? What are the other ownership expenses throughout the life of the car? What are the best strategies while trying to sell the car? The next edition of FinancialExpress.com Manage Your Money will answer these and many related questions around the entire life cycle of owning, maintaining and selling the car.

Contact Us

For Partnership, Alliance, and Speaking Opportunity

Who should attend

Buying your first car