New Delhi, June 13 -- I asked AI how much should I spend to buy my first car? Here's what it said.

I asked ChatGPT: I am 25 and have just started earning Rs.60,000 a month as my first salary. With monthly expenses of around Rs.35,000, I want to buy my first vehicle but also stay financially secure. How much should I spend to buy my first car - what loan should I take, what EMI can I comfortably afford, what tenure should I choose, and should I consider prepaying the loan to save on interest?

With a monthly income of Rs.60,000 and expenses of around Rs.35,000, you have about Rs.25,000 left every month for savings, investments and a vehicle loan. Since this is your first salary and you are still building financial security, it is better t...