The Mahindra XUV 3XO is offered by the automaker Mahindra as a compact SUV. This SUV is offered in several variants in the market. If you're considering buying the diesel variant of the SUV and want to bring the car home after a ₹2 lakh down payment, how much will you pay per month as EMI (Mahindra XUV 3XO Down Payment and EMI)? We're providing you with this information in this news.
Mahindra offers the MX2 Diesel as the diesel variant of the XUV 3XO. The ex-showroom price of the diesel variant of this vehicle is ₹9.22 lakh. If this car is purchased in Delhi, you will have to pay approximately ₹80,000 for RTO and approximately ₹47,000 for insurance. This brings the on-road price of the Mahindra XUV 3XO diesel variant to approximately ₹10.49 lakh.
If you purchase the MX2 diesel variant of this car, the bank will finance the ex-showroom price. Thus, after a ₹2 lakh down payment, you will need to finance approximately ₹8.49 lakh from the bank. If the bank gives you ₹8.49 lakh for seven years at 9% interest, you will have to pay an EMI of ₹13,665 per month for the next seven years.
If you take a car loan from the bank for ₹8.49 lakh for seven years at 9% interest, you will have to pay an EMI of ₹13,665 per month for seven years. In this case, over seven years, you'll pay approximately ₹2.98 lakh in interest for the Mahindra XUV 3XO diesel variant. This brings the total cost of your car, including ex-showroom, on-road, and interest, to approximately ₹13.47 lakh.
The Mahindra XUV 3XO is offered as a compact SUV by the manufacturer. This Mahindra SUV competes directly with SUVs like the Renault Kiger, Maruti Breeza, Tata Nexon, Kia Sonet, Hyundai Venue, and Nissan Magnite.