BMW 3 seriese (corp edition) or Laura L&K.. pls advise.

Hello Fellow team bhpians,

My family is planning to buy a new sedan for my Father… Earlier he had a Honda accord. Now the plan is to buy a BMW 3 series corporate edition (On road 26 lacs) or a Skoda Laura l&K (On road 19 lacs) in Navi Mumbai. Now here’s our dilemma. Our budget for down payment is 15lacs and rest on loan. If we go for the bmw the loan would be 10 lacs & above and with the Laura it would be around 4 lacs.

Is it worth to take an additional loan in order to buy the BMW or the Laura is a better option

Please share your views as it would help us to decide which car to purchase.

Thanks again…. awaiting your responses
:thumbs up