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Kia Sonet HTE On-Road Price ₹8.21 Lakh: Know EMI and Interest for ₹2 Lakh Down Payment
Car Finance Plan: Kia offers vehicles across multiple segments in the Indian market. If you're considering purchasing the base variant of the Sonet, which is offered as a compact SUV by the manufacturer, how much monthly EMI will you pay after paying ₹2 lakh? Let's find out.
Kia, which is the company behind the automaker, sells the Sonet in the sub-four-meter SUV category in India. Assuming you are planning to purchase the lowest variant of the Sonet, the HTE, and intend to take the car home after paying a down payment of ₹2 lakh, how much EMI will you pay per month?
Kia, the company, retails the Sonet in the sub-four-meter SUV space. The ex-showroom cost of this SUV (Kia Sonet HTE Price) is ₹7.30 lakh. If you buy this car in Delhi, you'll need to pay approximately ₹51,000 for RTO and approximately ₹40,000 for insurance. After that, the Kia Sonet HTE on-road price is approximately ₹8.21 lakh.
If you buy the base variant HTE of this car, the bank will finance it at the ex-showroom price only. In such a case, after making a down payment of ₹2 lakh, you will have to finance around ₹6.21 lakh from the bank. If you are given ₹6.21 lakh for seven years with 9% interest, then you will have to pay an EMI of ₹9989 every month for the next seven years.
