A Reddit post describing how young Indians with modest salaries are buying luxury cars has ignited a heated debate exposing the deep financial risks some are taking in pursuit of aspirational lifestyles.
The post’s author recounted a visit to a Mercedes-Benz showroom, where he learned that buyers earning ₹1.4-2 lakh a month are purchasing vehicles priced at ₹60-80 lakh. These customers typically make down payments of ₹7-9 lakh and rely heavily on loans to fund the rest. “Signing up for a seven-year slavery contract just to look rich — this isn’t ambition anymore, it’s financial self-sabotage disguised as YOLO,” the post read. Advertisement
People are buying ₹70–80L Mercedes cars with ₹2L salaries. Have they completely lost it?
by u/Sailing_Catamaran in CarsIndia
The viral thread s