One of the best manufacturers in India in the field of automobiles is MG Motors. This company sells cars in different segments. MG Hector Plus is another mid-segment SUV that is sold with the facility of being in a seven-seater version. In case you have thought of purchasing it, then here is the EMI amount per month payable post paying a down payment of ₹2 lakh.
Moreover, MG Motors offers a seven-seater version of Hector Plus as well. The base version of this car costs an ex-showroom price of ₹17.49 lakh. In case it is bought from Delhi, then the on-road price of the car would be approximately ₹20.22 lakh. This price includes the ex-showroom price of ₹17.49 lakh, as well as approximately ₹1.79 lakh for RTO and insurance charges of around ₹77,000. Along with this, there will be TCS charges of approximately ₹17,000. Additionally, you'll need to pay approximately ₹17,000 for TCS charges, bringing the on-road price to ₹20.22 lakh.
If you purchase the base variant of this car, the bank will finance the ex-showroom price. So, after making a down payment of ₹2 lakh, you'll need to finance approximately ₹18.22 lakh from the bank. If you're given ₹18.22 lakh for seven years at 9% interest, you'll have to pay a monthly EMI of only ₹29,619 for the next seven years.
If you take a car loan of Rs 18.22 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 29619 every month for seven years. In this way, in seven years you will pay around Rs 6.65 lakh as interest for MG Hector Plus. After which you will pay a total price of the car including ex-showroom, on-road and interest, which will be around Rs 26.88 lakh.
Hector Plus is brought by MG as a seven-seater mid-size SUV. It faces competition from many SUVs in the market, but its direct competition is with SUVs like Tata Safari, Mahindra Scorpio, Mahindra XUV 7X0.
One of the best manufacturers in India in the field of automobiles is MG Motors. This company sells cars in different segments. MG Hector Plus is another mid-segment SUV that is sold with the facility of being in a seven-seater version. In case you have thought of purchasing it, then here is the EMI amount per month payable post paying a down payment of ₹2 lakh.
Moreover, MG Motors offers a seven-seater version of Hector Plus as well. The base version of this car costs an ex-showroom price of ₹17.49 lakh. In case it is bought from Delhi, then the on-road price of the car would be approximately ₹20.22 lakh. This price includes the ex-showroom price of ₹17.49 lakh, as well as approximately ₹1.79 lakh for RTO and insurance charges of around ₹77,000. Along with this, there will be TCS charges of approximately ₹17,000. Additionally, you'll need to pay approximately ₹17,000 for TCS charges, bringing the on-road price to ₹20.22 lakh.
If you purchase the base variant of this car, the bank will finance the ex-showroom price. So, after making a down payment of ₹2 lakh, you'll need to finance approximately ₹18.22 lakh from the bank. If you're given ₹18.22 lakh for seven years at 9% interest, you'll have to pay a monthly EMI of only ₹29,619 for the next seven years.
If you take a car loan of Rs 18.22 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 29619 every month for seven years. In this way, in seven years you will pay around Rs 6.65 lakh as interest for MG Hector Plus. After which you will pay a total price of the car including ex-showroom, on-road and interest, which will be around Rs 26.88 lakh.
Hector Plus is brought by MG as a seven-seater mid-size SUV. It faces competition from many SUVs in the market, but its direct competition is with SUVs like Tata Safari, Mahindra Scorpio, Mahindra XUV 7X0.