A Bengaluru-based chartered accountant is pushing back against a popular piece of personal finance advice: that buying a car is a bad investment.

In a LinkedIn post, Meenal Goel revealed that owning a car would have saved her ₹2.4 lakh over five years compared to relying on Uber for daily commutes and travel. Advertisement

Goel’s frustration stemmed from the repeated narrative on social media that cars are “depreciating assets” and therefore poor financial choices. She called this “the most absurd analysis” she’s seen lately and decided to run her own numbers—grounded in her real-life experience living on the outskirts of Bengaluru in 2019.

At the time, Goel’s daily Uber commutes stretched over two hours and consumed 36% of her monthly budget.

Curious about the alternative, she mapped

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