Toyota Innova Hycross Base Variant EMI Details: ₹5 Lakh Down Payment, Monthly EMI Starts at ₹26,982

Toyotas manufacture their vehicles in various regions of India. One among them is the Innova Hycross that is an MPV car. If one goes with the base variant and makes a down payment of Rs 5 lakh, what would be the EMI payable in this case?

The base variant of the Innova Hycross is known as GFleet7Str. The price of the base variant is Rs 18.70 lakh. In Delhi, the RTO cost will be approximately ₹1.87 lakh, and the insurance cost for the same vehicle will be about ₹1.01 lakh. In addition to that, TCS cost of about ₹19,000 will be added to it. This brings the on-road price of the Toyota Innova Hycross to approximately ₹21.77 lakh.

If you purchase the base variant of this car, bank financing will be provided at the ex-showroom price. So, after making a down payment of ₹5 lakh, you'll have to finance approximately ₹16.77 lakh from the bank. If you're given ₹16.77 lakh for seven years at 9% interest, you'll have to pay an EMI of ₹26,982 per month for the next seven years.