|
|  |
| |
|
| | The Pune Entrepreneurs Network Network is not currently active and cannot accept new posts | | P A J E R O (On Lease) | Views: 601 | | Dec 19, 2007 6:14 pm | | P A J E R O (On Lease) | # | 
Sagar Gaikwad | | Dear Members,
Compliments of the Season..............
Available Mitsibushi PAJERO GLS Intercooler Turbo 2800 on 3-4 Years Lease for Individuals, Corporates, Private Companies and Politicians .
Vehicle type: PAJERO July 2007.
On Road Cost: INR 24,00,000
Color: Silver White.
Transmission: Manuel.
Leather Cushion and LCD.
Expectation 15,00,000 (One time Payment)
For Further Details please contact on 9860556601
Regards
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 20, 2007 5:49 am | | re: P A J E R O (On Lease) | # | 
Shrinath Navghane | | Sagar,
You seem to have interesting offer which makes me think why would one shell out more than half the retail price of this vehicle only to lease it for 3 years?
Does Petrol and Driver come FREE? What about value depreciation?
Can't seem to understand the economics here... am sure you can explain for benefit of all members.
Cheers!
Private Reply to Shrinath Navghane | | Dec 21, 2007 7:07 am | | re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | Hi Shrinath,
Yes this is only meant for interesting people who really have interest in foreign vehicles and SUV segments.
When we talk about PAJERO 2800 Intercooler Turbo the on road cost of vehicle is 24,00,000. (with accessories)
Lease Offer:
3 years: 12,00,000 INR
4 years: 15,00,000 INR
5 years: 17,50,000 INR
One Time payment option is new trend in Indian markets where any Politician, Industralists, Hotels, Hospital Management, Corporate offices can really make use of.
For e.g.
Ex- Showroom cost of Pajero: 19,00,000 Approx
If vehicle is finance 80% @ 12.5 % Annum, you get 15,20,000 from finance company.
Your per month E.M.I. is 35,000 for 60 months
You pay to showroom:
Finance co: 15,20,000
Down payment: 8,80,000
Total Cost: 24,00,000
Let us see how much you pay at the end of 5 years.
Down payment: 8,80,000
E.M.I (35000X60): 21,00,000
You Pay: 29,80,000 Approx
So instead of investing 29,80,000 approx in buying a car its logic taking car on lease, reason.
1. Vehicle is not in your name, it is in company name.
2. Anybody with black money pays one time, we will issue you monthly car rental bills which you can show as rental expenses in ITR as depreciation.
3. You will get good figures in ITR.
For any further information contact me.
Regards
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 21, 2007 7:21 am | | re: re: re: P A J E R O (On Lease) | # | 
Kamlesh Awal | | Hi Sagar,
Very interesting indeed. The math does work out.
Kamlesh AwalPrivate Reply to Kamlesh Awal | | Dec 21, 2007 7:22 am | | re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Cool..
I like your statement regarding black money :) haha. Always had a thought how come the politicians roam around in these cars and never claim it to be theirs.
But secondly, PAJERO 2800 is a dated model. I mean compared to the latest SUV's it looks like last generation and has faced lots of critic from the Auto world. Why not a Mercedes C-Class then? Or a BMW 3 Series?
These are interesting cars with brand image too... am sure more black money can be spilled here.
Private Reply to Shrinath Navghane | | Dec 21, 2007 7:43 am | | re: re: re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | Hi shri,
i hope you know the diffeence in Suv segments and Luxury saloon segment cars, when we talk about critics in pune 25 BMW 3 series cars were return back to showroom, now tell me is it worth buying a 3 series or mercedes C CLass. Then why buy a 3 series there are other models available like skoda Superb, VW Passat, etc
Cheers
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 21, 2007 7:53 am | | re: re: re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Hey Sagar, don't take this personally, you are the expert!
So I think we can ask questions as this is the forum for it. I am yet not convinced why would someone spend this amount of money on leasing.
I have a fair amount of experience in foreign brands and go by the appeal of it, rather than what they are actually made for. I don't think anyone buys SUV's so that they can go off-roading... now if thats to be considered from your last message.
Here we are talking about Money = Value Proposition. Math is easy... but Brand value is not. Mercedes, BMW are high end and VW and Skoda are more mid-range.
Personally I would still buy the Car rather than lease it.. be it SUV or anything else. Private Reply to Shrinath Navghane | | Dec 21, 2007 8:27 am | | re: re: re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | Hi kamlesh,
Thanks, So what your math says, let me also know
Regards
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 21, 2007 10:59 am | | re: re: re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Let’s consider this according to you:
Ex- Showroom cost of Pajero: 19,00,000 Approx
If vehicle is finance 80% @ 12.5 % Annum, you get 15,20,000 from finance company.
Your per month E.M.I. is 35,000 for 60 months
Which is fine, but I want to drive this car only for 2 years, after that most warranties and guarantees and free servicing run out.
Finance co: 15,20,000
Down payment: 8,80,000
Total Cost: 24,00,000
Let us see how much I pay at the end of 2 years.
Down payment: 8,80,000
E.M.I (35000 x 24 months): 8,40,000
So I Pay: 16,60,000 Approx
At the end of two years.. I am not interested in driving this Pajero anymore… So I sell it. Considering 30% depreciation (valuation) in Price and thinking that my reselling skills are far better than those Used-Car salesman, I can get a price of:
1,660,000 – 498,000 = 1,162,000
So end of 2 years, I have driven the Pajero and spent about Rs. 500,000 only (tops) and retained most of my money.
Now how does this sound? I may not be very good in math, but investment banking is my domain :)
Just sharing my two cents. Am sure for people who don't want to buy.. Sagar's option is lucrative and even more so for our folks with tons of black money.
Cheers!
Shrinath Navghane
CEO
SDN Financial Group
Private Reply to Shrinath Navghane | | Dec 21, 2007 12:32 pm | | re: re: re: re: re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | Appreciated Mr. Shri
I really appreciate your driving, reselling skill but you are very weak in buying skill and finance please start reading books again (just kidding yaar don't take it)...
Now the most important part i will explain you, according to you as follows, if the cost of vehicle is 24,00,000 INR
Down payment: 8,80,000
E.M.I (35000 x 24 months): 8,40,000
So I Pay: 16,60,000 Approx
then Mr. Shri how will you buy the car in 16,60,000 INR whether buy for 1 day or 2 years you have to pay 24,00,000 INR.
If 80% is sanctioned, value is 15,20,000 then E.M.I for 2 years is 72,200 INR so
Down payment: 8,80,000
E.M.I (72,200 x 24 months): 17,32,800
So you Pay: 26,12,800 Approx
now you sell the car and calculate the figures let me know, the profit and loss, i am ready to share my knowledge.
With Best Regards
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 21, 2007 12:38 pm | | re: re: re: re: re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Ok Sagar,
Lets turn the table. You tell me how is it profitable for your client to Lease the Car?
Fair? :)
Private Reply to Shrinath Navghane | | Dec 21, 2007 12:43 pm | | re: re: re: re: re: re: re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | Dear Shri
I share knowledge and not business!!!
Cheers
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 21, 2007 12:46 pm | | re: re: re: re: re: re: re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Haha this is what I expected.. anyways its a good argument. I have no idea why no other PEN members have put their input. Am leaving for a meeting now.. we shall continue this tomorrow.
Cheers!
Shri :)Private Reply to Shrinath Navghane | | Dec 21, 2007 1:06 pm | | re: re: re: re: re: re: re: re: re: re: P A J E R O (On Lease) | # |
Sagar Gaikwad | | hmmmmmmmmmmm,
Ya take care and all the best for yur meeting...
With Best regards
Always
Sagar Gaikwad
Manager Operations (Business Lease)
Transcity Travel Company Pvt. Ltd
Phone: +91 9860556601Private Reply to Sagar Gaikwad | | Dec 23, 2007 5:49 am | | re: re: re: P A J E R O (On Lease) | # | 
Mitul Bid | | Educated people promoting black money market in a public forum and feeling proud about it! Rising India! Private Reply to Mitul Bid | | Dec 24, 2007 8:24 pm | | re: re: re: re: P A J E R O (On Lease) | # |
Shrinath Navghane | | Hey!
Well lets close this discussion as there's nothing much to discuss. I hope that most members have got their own judgment and we respect that... just that next time folks try and post your comments! Thats what this Network is for.
Secondly, please understand that one grows his network not by promoting but by helping others... thats the essence of Six Degrees.
I am always very passionate about Networking and PEN cause this is the place where it all emerges from... the Matrix of Future businesses and innovations and who knows how many Entrepreneurs to lead this country.
So lets Network!
Shrinath Navghane
Founder
Pune Entrepreneurs Network
Private Reply to Shrinath Navghane | | |
| |
| |
