Need Guidance: Planning to Finance a Petrol Car – But Worried About EV Surge

[pwuser15262980051]

I am planning for car financing (range 5 million) but I am unable to decide whether to go for it considering recent surge of EV vehicles. Though, EV infrastructure is still in developing stage but I am concerned whether financing a car at this stage means losing considerable value in next a few years?

Your guidance and opinions are requested as I am unable to decide. Plus, I dont think I can go for EV car at this stage. So, I have only two options, 1) Financing a car of 5M (Swift/Yaris) or 2) Buying a used car under 3M.

[sardarg]

please sir @pwuser15262980051 it is best to buy a Brand Certified petrol vehicle from dealership.

EVs are future however there is serious QUESTION Mark. March 16 EV Fire video clip i saw over social channels for EVs. Majority of Chinese EVs burst into fire at charging station. further more there is special fire fighting unit for EV vehicles in developed world. do we have such fire fighting unit to manage EV fire ??

I highly doubt it.

[pwuser150504674948]

Gasoline cars are going no where for atleast next 20 years in the developed world.
multiply that by 2 for Pakistan.

however taxes might affect the price of petrol here so investing in an EV is not really a bad decision if you weigh the pros and cons right.

[pwuser15262980051]

Thank you. Jazakallah for your input