A Redditor narrated a strange phenomenon prevalent nowadays about those with ₹ 1.4 lakh to ₹ 2 lakh monthly income making downpayment to buy Mercedes car worth ₹ 60 lakh to ₹ 80 lakh. This purchase caught his attention which suggested that individuals made down payment of ₹ 7 lakh to ₹ 9 lakh and financed the rest through loans.

The caption to the post states, “People are buying ₹ 70–80L Mercedes cars with ₹ 2L salaries. Have they completely lost it?”

Describing how individuals are making such big purchase with minimal salaries, he said, “Went to a Mercedes showroom yesterday. The sales execs were telling me stories about how people with salaries of ₹ 1.4L– ₹ 2L are buying cars worth ₹ 60–80L - with down payments of ₹ 7–9L and the rest on loans - which the sales e

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