Volkswagen Virtus Base Variant EMI Starts at ₹16,282 with ₹2 Lakh Down Payment
Volkswagen is offered by the automaker Volkswagen. If you are also planning to buy the base variant, how much will the EMI be after making a down payment of ₹2 lakh? Let's find out.
Volkswagen is one of the automobile giants operating in India. It markets the model Virtus in India. Assuming that you have made a deposit of ₹2 lakh for the purchase of the base model of this medium sized sedan, how much will your monthly EMI be?
The base model of Virtus is known as Comfortline. The price of this base model ex-showroom is ₹10.50 lakh. In Delhi, you pay the ex-showroom price along with the registration fees and insurance charges. These include ₹1.11 lakh as registration and ₹39,000 as insurance. The TCS comes at around ₹10,000.
If you purchase the Volkswagen Virtus' base variant, the Comfortline, the bank will finance the ex-showroom price. After making a down payment of ₹2 lakh, you will have to finance approximately ₹10.12 lakh from the bank. If the bank provides you ₹10.12 lakh for seven years at 9% interest, you will have to pay a monthly EMI of only ₹16,282 for the next seven years.