New Delhi, May 20 -- The salesman smiled and slid the paper across the desk. "Sir, your EMI will only be Rs.16,000 per month," he said. It sounded reasonable. It sounded manageable. It almost sounded like a bargain.

But, something felt off. Before signing, I decided to ask ChatGPT one brutally honest question. What is my car EMI actually hiding?

I'm about to sign a car loan for a new vehicle, and while the EMI amount looks 'manageable' on paper, I have a growing suspicion that EMI calculators may not be telling the full financial story.

I'm a salaried professional living in India, earning reasonably well, and the dealership keeps focusing on one thing:

'Sir, your EMI will only be Rs.16,000 per month.'

But I want to understand what th...