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Planning to Buy Honda Amaze Automatic? EMI Starts at ₹12,403 with ₹2 Lakh Down Payment
Automaker Honda offers vehicles in the sedan and SUV segments in the Indian market. If you're considering purchasing the automatic variant of the manufacturer's compact sedan, the Honda Amaze, how much will you pay each month after paying ₹2 lakh? Let's find out.
The Honda Amaze is among the popular Japanese automobile brands and produces the new Amaze under the small sedan range. In case you wish to purchase the auto transmission variant of the new Honda Amaze with a down payment of ₹2 lakh, then this blog post will provide you with your monthly installment amount.
The new Honda Amaze falls under the small sedan range of Honda. The cost of purchasing the auto transmission variant of this vehicle is ₹8.66 lakh from the showroom. When you purchase this car in Delhi, you will incur a sum of ₹61,000 for RTO charges and ₹44,000 for insurance.
If you purchase the automatic variant, the bank will finance the car at the ex-showroom price. Therefore, after making a down payment of ₹2 lakh, you will have to finance approximately ₹7.71 lakh from the bank. If you are given ₹7.71 lakh for seven years at a nine percent interest rate, you will have to pay an EMI of ₹12,403 per month for the next seven years.
