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Introduction
How much does it cost to maintain a Rolls-Royce car in India per month is an important question for those who dream of owning this luxury vehicle. A Rolls-Royce is not just a car; it is a status symbol. In this blog, we will give you detailed information on what all costs are involved in maintaining a Rolls-Royce car and how much income you should have so that you can properly maintain this expensive vehicle.
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Major Maintenance Costs of a Rolls-Royce Car
1. Insurance
Insurance of Rolls-Royce cars is very expensive. Its annual premium amount can range from ₹ 50,000 to ₹ 1,00,000, depending on the model and other factors.
2. Fuel Cost
Rolls-Royce cars also have a lot of fuel consumption. If we assume that the average fuel consumption of a Rolls-Royce is 8-10 km/liter and if you drive 1000 km a month, you may have to spend around ₹ 10,000 to ₹ 15,000 per month on fuel.
3. Servicing and Maintenance
Rolls-Royce needs to be serviced regularly, which is every 10,000 km. Servicing costs around ₹20,000 to ₹50,000 per time. If we consider it on an average every month, then this expense can be ₹5,000 to ₹10,000.
4. Tires and other parts
The cost of tyres is also worth considering. Rolls-Royce tyres can cost between ₹30,000 and ₹50,000 per tyre. Also, add the cost of other parts like brake pads, battery, etc.
5. Other Expenses
Other expenses may include parking charges, laundry charges and other unforeseen expenses. These are difficult to estimate but could be around ₹5,000 to ₹10,000 per month.
Total Monthly Expenses
Adding up all these costs, we get:
- Insurance: ₹4,167 (annual premium divided by 12)
- Fuel: ₹10,000 - ₹15,000
- Servicing: ₹5,000 - ₹10,000
- Tyres and other parts: ₹5,000 on average
- Other expenses: ₹5,000 - ₹10,000
Thus, the total monthly expense would be approximately:
=4,167+(10,000 to 15,000) + (5,000 to 10,000) + 5,000 + (5,000 to 10,000)
This means the total monthly expense could be around ₹34,167 to ₹49,167.
How much should your income be?
If you are maintaining a Rolls-Royce car, then your income must be pretty good too.
1. Lifestyle and Income
Owning a luxury car like a Rolls-Royce doesn't only mean that you have to bear the cost of its maintenance. You also have to take your lifestyle into consideration.
2. Required Income
As a general rule, you should be able to spend at least three times your monthly income on your car maintenance.
So if you are spending around ₹40,000 per month:
= ×3 = 40,000 × 3 = ₹1.2 Lakh
Therefore, your income should be at least ₹ 1.2 lakh per month so that you can comfortably maintain this expensive car.
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conclusion
The monthly maintenance cost of a Rolls-Royce car in India depends on many factors like insurance, fuel cost and servicing etc. Overall, you may have to bear a monthly expenditure of around ₹34,167 to ₹49,167. Along with this, your income should be at least ₹1.2 lakh per month to be able to maintain this expensive car properly.
So if you are planning to buy a Rolls-Royce, make sure that your financial condition can bear this expensive hobb
This blog provides you with all the necessary information about Rolls-Royce car maintenance in India. If you have any questions or suggestions, please let us know!
