27M thinking of buying an electric scooty
Salary: 1.3LPM Fixed Expenses: 70k Savings: 40k
I am thinking of buying an electric scooty worth around 1.4 to 1.6L.
I really want an electric scooter, not an ICE, because I think that's cool. My daily use case for it would be going to the metro station (currently use cycle), maybe go to office occasionally, and go on scooty rides with my girlfriend.
Can I afford it? Or should I look into getting a second hand activa or something like that for 30-40k?
I don't want to take any loans for it, unless it's 0 cost. Also I've stopped all investments to accumulate some bank balance.
EDIT: I think the point of my question is being misunderstood. It's not about EV vs ICE. I'm set to purchase an EV because I WANT it. It's about if I can afford it? They say not to buy anything unless you can buy it thrice without any problem. Should I stop all investments to save up for the scooty? That way I can save 60k per month for this. Should I wait longer? Should I be looking at two wheeler loans? Have you bought a vehicle which didn't make financial sense and regretted it?
PS: I appreciate all the advice you guys are giving me.