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Thank you, great to be here! i am planning for an upgrade from my current Toyota camry, which i had it for the last 10 years. i have a few options in mind, but difficult to choose from, look forward for your advice. Lexus GX460 2014 Prado V6 limited 2018, and 2016 Jeep Grand Cherokee. the Vehicle will be used for normal office drive, no plans for desert, my first preference would be reliability and fuel economy of vehicles. i look forward for your replies. i will be test driving GX460 2017 model today, because i really got blow away by the features of this car.
I live 15 km from my work place and drive daily for 5 days a week. While thinking of selling my car and going for another car, I realize to do some interesting math that I like to share with you all and seek an opinion on "WHY DO YOU BUY CAR?" COST OF REAL OWNERSHIP OF CAR All calculation are based on 1 year of car ownership of 100K AED car, to make math simple: 30 Km / day X 20 days / Month = 600 Kms / Month = 7,200 Kms / Year. Fuel cost: 14L / 100 kms = 7 kmpl = 7,200 / 7 = 1,028 liter / year = 1,028 x 1.78 AED / Liter = 1,830 AED / Year Insurance = 3,500 AED / Year Car wash and maintenance = 2,000 AED / Year Parking = 4,500 AED / Year (based on new RTA rates now) Registration = 500 AED / Year Salik = 2 crossing per day = 8 AED x 240 days = 1,920 / Year 1 year car depreciation = 15% = 15,000 AED. Total Running Cost: 1,830 (fuel) + 3,500 (Insurance) + 2,000 (Maintenance) + 4,500 (Parking) + 500 (Registration) + 1,920 (Salik) = 14,250 AED / Year Total Cost of car ownership: 14,250 (running cost) + 15,000 (depreciation) = 29,250 AED / Year. RIDING TAXI DAILY 240 days per year X 54.07 AED (as per RTA taxi calculator) X 2 (both directions) = 25,954 AED / Year. Though this math is very interesting, but it's VERY FUCKING DISTURBING to see that riding taxi's in Dubai is lot cheaper for work than our own car. I can actually sit at back and take a 15 min power nap twice daily than fighting with traffic. I can listen to music / watch movie / podcast anything I like. I don't have to worry to find a car park every day and walk for few meters in hot sun and bake myself in heated car for 10 minutes, and at end of 15 mins I reach home with sweated back.
3 Key factors for assigning next car budget in Dubai and UAEAs everything in life revolves around money, so deciding the fixed budget for your car buy is the number one thing that you should be doing. It’s not only to let you stay in control, but making the rest of the process streamline based on the available budget be it 10,000 or 5 Million. You need to decide the cash amount in hand as a buying kitty and then decide on how big you want to invest or rather spend. Off course I said as big because you don’t buy car everyday unless you are a dealer and hence increasing the budget has its own advantage to get you the most perfect car you need and will enjoy for the next few years. So allocate generously but definitely within your affordability parameters. People who want to take the buying kitty as a down payment only, need to also decide on how big car loan they can comfortably afford as an initial spend and for every month car loan EMI. If you are a cash buyer, then planning is lot easier in assigning the next car buying budget is equals to whatever you saved or whatever you can afford to spend for certain number of years after the residual value of car resale value. Example: You saved 100,000 for your next car buy and plan to drive the car for 5 years. Assuming your car resale value after five years will be 40,000 (4 Most important factors impacting used car price). So if you can afford comfortably spending the 100,000 – 40,000 = 60,000 over 5 years means 12,000 per year = 1,000 per month then go for it. Remember this amount is without Car maintenance, Car Insurance, Fuel cost, registration, Salik etc. This section is bit more complex for the car buyer who is planning to take up a car loan. As he still need to consider the above depreciation affordability and also find viability for the monthly payments. As most bank loan offer up to 80% of car value, so you should be ready with 20% cash as a down-payment. For the remaining payment EMI as a general rule of thumb, you should not exceed the below percentage of your gross monthly income depending on where you fit yourself: For an average joe, for who Car is just an absolute necessity: 10% - 15%Car enthusiast’s, who love Cars and want to enjoy to the max: 15% - 25%Car Maniac, who is crazy about Cars and can’t live without it: 25% - 40%Below are the 3 key factors that you must be aware of and able to factor them while allocating an appropriate car buying budget: Insurance: 4-5% of car value generally for all cars and all drivers5-7% of car value for sports or high performance car or new driver7-10% of car value for sports or high performance car and new driverCar Registration, Plate Number, Salik etc: 500-600 AED Annual Maintenance: Approx. 3-5% of car value for Japanese, Korean and American Cars within 5 years of age.Approx. 5-7% of car value for Japanese, Korean and American Cars after 5 years of age.Approx. 7-10% of car value for European and UK Cars within 5 years of age.Approx. 10-12% of car value for European and UK Cars after 5 years of age. Disclaimer: I have written this and all linked articles to help my friends and family and other car enthusiast’s like you. This is purely based on my own experience. If you know anything more than this I am happy to edit these articles any time. Please leave me a comment and I will accept your changes and improvise these as soon as I can. If you like reading these articles and it helped you in anyways, please pass on the knowledge to others and use below red like to show your appreciation.
If you are looking for a new car then for sure you must have landed in the classic confusion to understand which one is better for your need AWD vs 4WD. In today's world, most of the modern world SUV comes in either AWD or 4WD option. The basic difference is that an AWD or All-Wheel Drive is a recent innovation which drives all of the four wheels, all the time whereas 4WD or Four-Wheel Drive is used for large SUVs (Sports Utility Vehicle) to use extra traction in off-road situations. The easiest way to tell them apart is that AWD system are always on and utilizing electronic sensors, it is smart enough to know which wheel needs power. 4WD is usually disconnected and needs effort from the driver to be engaged, turning all four wheels at the same time. Here are the main differentiators: AWD is always on and it comes quite handy during unexpected situations, especially when negotiating sandy patches or slippery corners. AWD definitely make more sense for Dubai or UAE roads where sand and little off road patches is in abundance. AWD is always engaged and the traction required is readily managed by sensors automatically and the driver does not need to make any selection of terrain or gear.4WD are mainly useful for truck-based vehicles with large wheels and off-road tyres thus proving advantageous to negotiate very difficult terrain. It comes with two versions: either full-time - they stay automatically engaged allowing the car to switch between two and four-wheel-drive mode; or part-time - the driver has to manually shift between two and four-wheel drive. In most AWD systems, power is delivered to one set of wheels, front or rear. On detection of any slippage at one axle, power is diverted to the other axle automatically. In 4WD, the gears split the power between the front and rear axles so that the maximum torque goes to each wheel. When the transfer case splits power evenly, it ensures that each wheel turns at the same speed. There is also a ‘high’ and a ‘low’ 4WD. In the ‘high’ mode, power splits less evenly and is recommended for speed up to 95 kmph. In low mode power splits more evenly and is recommended for tackling serious off road conditions i.e stuck in loose sand, pulling another car or towing the trailer. In low gear speed should not be increased more than 30 – 40 kmph or else it will stress the gearbox and drive-train noticeably. AWD provides better grip and offer sportier handling and traction to a wide range of sports car, performance SUV and crossover’s. But it reduces fuel economy, as it increases weight and is not ideal for extreme off-road conditions.For extreme off-road conditions, 4WD comes across as sturdy. It can be turned off to improve fuel economy but it adds weight as well. And needless to say It is expensive than the two wheel drive models.While AWD offer excellent benefits if the weather gets rough, or the road is not as it is meant to be, hence the All-Wheel Drive is still the best choice to use in Dubai and UAE conditions. In conclusion, if you are a die-hard fan of 4-wheel-drive for extreme off-road adventure, opt for a 4WD, if not then AWD makes lot more sense. If you need more help, or need specific answer for any question then try the ‘Carnity Forum’ (http://carnity.com/) section or find car businesses near you with the Carnity ‘Business listing’ (http://carnity.com/business_listing) section.