The Maruti Eeco is available from Renault in the van category in the Indian market. If you are planning to buy the base version of this Maruti vehicle, how much would be your monthly EMI if you make the initial payment of ₹1 lakh? We are telling you about this in this piece of news.
The showroom price of the base model of this Eeco available from Maruti is ₹5.28 lakh. The cost of registration charges comes to approximately ₹25,000, while the insurance cost works out to ₹32,000 in the case of purchase in Delhi. Thus, the total on-road price of the Maruti Eeco would be approximately ₹5.85 lakh.
If you are buying the base model of this vehicle, the bank will give financing for the showroom price only. After you make the initial payment of ₹1 lakh, you will be left with financing of approximately ₹4.85 lakh from the bank. When you get ₹4.85 lakh in financing for seven years at 9% interest rate, you will have to make an EMI of ₹7,894 per month for the next seven years.
If you take out a car loan from the bank for ₹4.85 lakh for seven years at 9% interest, you will have to pay an EMI of ₹7,894 per month for seven years. Thus, over seven years, you will pay approximately ₹1.77 lakh as interest on the base variant of the Maruti Eeco. The total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹7.63 lakh.
The Eeco is offered by Maruti as a van. This car doesn't face any direct competition in the market, but it faces competition from the Renault Triber in terms of price.
The Maruti Eeco is available from Renault in the van category in the Indian market. If you are planning to buy the base version of this Maruti vehicle, how much would be your monthly EMI if you make the initial payment of ₹1 lakh? We are telling you about this in this piece of news.
The showroom price of the base model of this Eeco available from Maruti is ₹5.28 lakh. The cost of registration charges comes to approximately ₹25,000, while the insurance cost works out to ₹32,000 in the case of purchase in Delhi. Thus, the total on-road price of the Maruti Eeco would be approximately ₹5.85 lakh.
If you are buying the base model of this vehicle, the bank will give financing for the showroom price only. After you make the initial payment of ₹1 lakh, you will be left with financing of approximately ₹4.85 lakh from the bank. When you get ₹4.85 lakh in financing for seven years at 9% interest rate, you will have to make an EMI of ₹7,894 per month for the next seven years.
If you take out a car loan from the bank for ₹4.85 lakh for seven years at 9% interest, you will have to pay an EMI of ₹7,894 per month for seven years. Thus, over seven years, you will pay approximately ₹1.77 lakh as interest on the base variant of the Maruti Eeco. The total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹7.63 lakh.
The Eeco is offered by Maruti as a van. This car doesn't face any direct competition in the market, but it faces competition from the Renault Triber in terms of price.