MG Motors, the automaker, sells cars in various segments of the Indian market. MG Windsor EV is one such model from MG Motors that is available for purchase. If you too plan to buy this car, then what would be your monthly EMI after making a down payment of ₹2 lakh? We are telling you all about that here.
The base model of the Windsor EV is available at an ex-showroom price of ₹14.70 lakh. The on-road price in Delhi will be around ₹15.52 lakh. This consists of the ex-showroom price of ₹14.70 lakh, ₹4,600 as registration and ₹63,000 as insurance. In addition to this, you will have to pay ₹14,000 as TCS charges making the on-road price ₹15.52 lakh.
On purchasing the base model of this car, the bank will finance its ex-showroom price. Therefore, after paying a down payment of ₹2 lakh, you will need to finance around ₹13.52 lakh from the bank. When the bank gives a loan of ₹13.52 lakh for seven years at 9% interest, you will have to pay just ₹22,982 EMI per month for the next seven years.
If you take a car loan of Rs 13.52 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 22982 every month for seven years. In this way, in seven years you will pay around Rs 4.94 lakh as interest for MG Windsor EV. After which you will pay around Rs 20.46 lakh for the car including ex-showroom, on-road and interest.
The Windsor EV is brought by JSW MG as an electric vehicle. It faces competition from many SUVs in the market, but its direct competition is with electric SUVs like Tata Curvv EV, Mahindra BE6, Hyundai Creta Electric, Vinfast VF6.
MG Motors, the automaker, sells cars in various segments of the Indian market. MG Windsor EV is one such model from MG Motors that is available for purchase. If you too plan to buy this car, then what would be your monthly EMI after making a down payment of ₹2 lakh? We are telling you all about that here.
The base model of the Windsor EV is available at an ex-showroom price of ₹14.70 lakh. The on-road price in Delhi will be around ₹15.52 lakh. This consists of the ex-showroom price of ₹14.70 lakh, ₹4,600 as registration and ₹63,000 as insurance. In addition to this, you will have to pay ₹14,000 as TCS charges making the on-road price ₹15.52 lakh.
On purchasing the base model of this car, the bank will finance its ex-showroom price. Therefore, after paying a down payment of ₹2 lakh, you will need to finance around ₹13.52 lakh from the bank. When the bank gives a loan of ₹13.52 lakh for seven years at 9% interest, you will have to pay just ₹22,982 EMI per month for the next seven years.
If you take a car loan of Rs 13.52 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 22982 every month for seven years. In this way, in seven years you will pay around Rs 4.94 lakh as interest for MG Windsor EV. After which you will pay around Rs 20.46 lakh for the car including ex-showroom, on-road and interest.
The Windsor EV is brought by JSW MG as an electric vehicle. It faces competition from many SUVs in the market, but its direct competition is with electric SUVs like Tata Curvv EV, Mahindra BE6, Hyundai Creta Electric, Vinfast VF6.