What do you call it when someone earning ₹2 lakh a month signs up for a ₹1.2 lakh EMI? According to a LinkedIn post, it might be India’s most expensive flex — and a growing financial trend that’s raising eyebrows.

Dime founder Chandralekha MR highlighted how some high-earning salaried professionals are spending as much as 60 percent of their monthly income to finance luxury cars. Advertisement

Citing a Reddit post from a car showroom employee, she shared that buyers with ₹2 lakh monthly salaries are putting down ₹7 to ₹9 lakh to drive home ₹70 to ₹80 lakh Mercedes vehicles.

The rest is financed over seven years, resulting in an EMI of roughly ₹1.2 lakh at 9 percent interest.

That’s before rent, groceries, insurance, fuel, or maintenance — not to mention the 15 percent depreciation the

See Full Page