Maruti Suzuki provides its customers with several types of vehicles in India. One of them is the Maruti S-Presso, which comes under the hatchback category. Suppose you want to purchase the base model of the vehicle and take it home with yourself after paying the initial deposit of ₹1 lakh. In that case, how much EMI would you have to pay? We are giving you all the details here in this article.
The base model, STD, of the S-Presso is being provided by Maruti at an ex-showroom cost of ₹3.50 lakh. The cost for RTO of the hatchback will come out to be around ₹16,000, and similarly, the same cost will come out to be ₹20,000. Thus, the on-road price of the Maruti S Presso will be ₹3.86 lakh.
If you purchase the base variant of this hatchback, the bank will finance the ex-showroom price. After making a down payment of ₹1 lakh, you will need to finance approximately ₹2.86 lakh from the bank. If you are given ₹2.86 lakh for seven years at 9% interest, you will have to pay an EMI of ₹4,649 per month for the next seven years.
If you take out a car loan from the bank for ₹2.86 lakh for seven years at 9% interest, you will have to pay an EMI of ₹4,649 per month for seven years. Thus, over seven years, you will pay approximately ₹1,04,000 as interest for the STD variant of the Maruti S-Presso. The total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹4.90 lakh.
Maruti's S-Presso is offered in the hatchback segment. In this segment, it competes directly with cars like the Maruti Alto K10, Renault Kwid, and Hyundai Grand Nios i10.
Maruti Suzuki provides its customers with several types of vehicles in India. One of them is the Maruti S-Presso, which comes under the hatchback category. Suppose you want to purchase the base model of the vehicle and take it home with yourself after paying the initial deposit of ₹1 lakh. In that case, how much EMI would you have to pay? We are giving you all the details here in this article.
The base model, STD, of the S-Presso is being provided by Maruti at an ex-showroom cost of ₹3.50 lakh. The cost for RTO of the hatchback will come out to be around ₹16,000, and similarly, the same cost will come out to be ₹20,000. Thus, the on-road price of the Maruti S Presso will be ₹3.86 lakh.
If you purchase the base variant of this hatchback, the bank will finance the ex-showroom price. After making a down payment of ₹1 lakh, you will need to finance approximately ₹2.86 lakh from the bank. If you are given ₹2.86 lakh for seven years at 9% interest, you will have to pay an EMI of ₹4,649 per month for the next seven years.
If you take out a car loan from the bank for ₹2.86 lakh for seven years at 9% interest, you will have to pay an EMI of ₹4,649 per month for seven years. Thus, over seven years, you will pay approximately ₹1,04,000 as interest for the STD variant of the Maruti S-Presso. The total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹4.90 lakh.
Maruti's S-Presso is offered in the hatchback segment. In this segment, it competes directly with cars like the Maruti Alto K10, Renault Kwid, and Hyundai Grand Nios i10.