Maruti Suzuki is one of the most popular automobile companies of India. It produces many different cars. One of its models is the Maruti Wagon R. This car falls in the hatchback segment. If you want to purchase the CNG variant of this car, how much will be your EMI per month after putting a down payment of ₹1 lakh? Let us tell you in this news.
The company sells the CNG variant of this model. The ex-showroom price of this variant is ₹5.94 lakh. However, if you make the purchase in Delhi, then it would cost you around ₹28,000 towards registration and ₹28,000 towards insurance, taking the on-road price to ₹6.51 lakh.
In case you purchase the CNG variant of this car, the bank will give you the loan at the ex-showroom price. Thus, you have to pay a down payment of ₹1 lakh and take loan for ₹5.51 lakh from the bank. If you get ₹5.51 lakh in seven years with 9% interest, you have to pay an EMI of ₹8,958 per month for seven years.
If you take a car loan from the bank for ₹5.51 lakh for seven years at 9% interest, you'll have to pay an EMI of ₹8,958 for seven years. In such a situation, in seven years, you will pay around Rs 2.01 lakh as interest for the CNG variant of Maruti Suzuki Wagon R. After which, the total cost of your car including ex-showroom, on-road and interest will be around Rs 8.52 lakh.
Wagon R is offered by Maruti Suzuki in the entry-level hatchback segment. In this segment, this car directly competes with hatchback cars like Maruti's Alto K10, S-Presso, Celerio, as well as Renault Kwid, Tata Tiago and Hyundai Grand Nios i10.
Maruti Suzuki is one of the most popular automobile companies of India. It produces many different cars. One of its models is the Maruti Wagon R. This car falls in the hatchback segment. If you want to purchase the CNG variant of this car, how much will be your EMI per month after putting a down payment of ₹1 lakh? Let us tell you in this news.
The company sells the CNG variant of this model. The ex-showroom price of this variant is ₹5.94 lakh. However, if you make the purchase in Delhi, then it would cost you around ₹28,000 towards registration and ₹28,000 towards insurance, taking the on-road price to ₹6.51 lakh.
In case you purchase the CNG variant of this car, the bank will give you the loan at the ex-showroom price. Thus, you have to pay a down payment of ₹1 lakh and take loan for ₹5.51 lakh from the bank. If you get ₹5.51 lakh in seven years with 9% interest, you have to pay an EMI of ₹8,958 per month for seven years.
If you take a car loan from the bank for ₹5.51 lakh for seven years at 9% interest, you'll have to pay an EMI of ₹8,958 for seven years. In such a situation, in seven years, you will pay around Rs 2.01 lakh as interest for the CNG variant of Maruti Suzuki Wagon R. After which, the total cost of your car including ex-showroom, on-road and interest will be around Rs 8.52 lakh.
Wagon R is offered by Maruti Suzuki in the entry-level hatchback segment. In this segment, this car directly competes with hatchback cars like Maruti's Alto K10, S-Presso, Celerio, as well as Renault Kwid, Tata Tiago and Hyundai Grand Nios i10.