Leading automobile company Maruti Suzuki India Limited offers cars in several categories. The Wagon R is available from Maruti Suzuki in the hatchback category. This article provides the monthly EMI after making the payment of ₹2 lakh as down payment in case you purchase the CNG variant of this car.
Maruti Suzuki offers the Wagon R and the CNG variant of this car comes for ₹5.94 lakh as ex-showroom price. In Delhi, one has to pay around ₹24,000 for registration of the car while the insurance cost comes to around ₹29,000 thus making the on-road price of the car ₹6.46 lakh.
When you buy the Wagon R CNG variant, the bank will lend money as per the ex-showroom price of the car. If you make the down payment of ₹2 lakh then the bank will lend money of ₹4.46 lakh. At 9% interest rate, if you get a loan of ₹4.46 lakh for 7 years, then your monthly EMI comes to ₹7,182.
By taking a car loan of ₹4.46 lakh from the bank for seven years at a 9% interest rate, you would pay a monthly EMI of ₹7,182. Over the seven-year period, you would pay approximately ₹1.57 lakh in interest for the Maruti Suzuki Wagon R CNG variant. Consequently, the total cost of your car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹8.03 lakh.
The manufacturer offers the Wagon R in the entry-level hatchback segment. In this category, it competes directly with budget cars such as Maruti’s Alto K10, S-Presso, and Celerio, as well as the Renault Kwid and Tata Tiago.
Leading automobile company Maruti Suzuki India Limited offers cars in several categories. The Wagon R is available from Maruti Suzuki in the hatchback category. This article provides the monthly EMI after making the payment of ₹2 lakh as down payment in case you purchase the CNG variant of this car.
Maruti Suzuki offers the Wagon R and the CNG variant of this car comes for ₹5.94 lakh as ex-showroom price. In Delhi, one has to pay around ₹24,000 for registration of the car while the insurance cost comes to around ₹29,000 thus making the on-road price of the car ₹6.46 lakh.
When you buy the Wagon R CNG variant, the bank will lend money as per the ex-showroom price of the car. If you make the down payment of ₹2 lakh then the bank will lend money of ₹4.46 lakh. At 9% interest rate, if you get a loan of ₹4.46 lakh for 7 years, then your monthly EMI comes to ₹7,182.
By taking a car loan of ₹4.46 lakh from the bank for seven years at a 9% interest rate, you would pay a monthly EMI of ₹7,182. Over the seven-year period, you would pay approximately ₹1.57 lakh in interest for the Maruti Suzuki Wagon R CNG variant. Consequently, the total cost of your car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹8.03 lakh.
The manufacturer offers the Wagon R in the entry-level hatchback segment. In this category, it competes directly with budget cars such as Maruti’s Alto K10, S-Presso, and Celerio, as well as the Renault Kwid and Tata Tiago.