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Guys, I'm a young engineer working in Dubai. Usually I come to Sri Lanka twice a year (2 weeks each) for vacation and whenever I come I have to get a rented vehicle for my travelling. On average it costs me around 120k per year for rented vehicles alone. Considering this money drain and my plan to work in Dubai for next 5-6 years, I'm thinking of buying a vehicle for myself. Following are my requirements, concerns. 1. Fuel efficiency is not important, 8-9 km/l is enough 2. Need to have good ground clearance as I will ride on it roads less traveled in the hill country. But I'm not a serious offroader 3. Should be easy to maintain, repair as I don't have much mechanical knowledge and don't want to be stranded in the middle of nowhere 4. Usual occupancy will be 2-3 people 5. Should be auto gear as I have never driven a manual ever since that last ride at RMV Werahara 6. I will probably sell it after 5 years, so resale value is a matter Vehicles I'm interested in are, Suzuki Jimny (3rd gen.), Honda HRV, CRV, Pajero Junior, Pajero IO, Nissan Xtrail (1st gen.). So which one of these are better considering my concerns? Appreciate your valuable comments P.S. If you ask why I buy without continuing to rent a.) For the next 5 years I will have to spend 120x5 = 6 lakhs on rented vehicles. b.) However, if I managed to buy it around 2M there will be a opportunity cost of 160x5 = 8 lakhs (considering FD for 2M at 8% interest) c.) Insurance cost will be 25x5 = 1.25 lakhs d.) I allow 3 lakhs for maintenance and repair over the next 5 years e.) I assume I won't make a profit or loss by selling it (in real terms) after 5 years. So its a vs b,c, and d (6 lakhs against 12.25 lakhs). Odds are against my decision of buying one for myself. But there is this feel good factor by owning a vehicle in SL which cannot be measured. This will be my 1st vehicle in SL.
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