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Planning to Buy Hyundai Exter? Check Monthly EMI for the Automatic Variant
Car Finance Plan: Hyundai sells the Hyundai Exter as a compact SUV. If you're planning to buy the automatic variant of this car, how much EMI will you have to pay after making a down payment of ₹2 lakh (approximately $200,000 USD). Let's find out.
Hyundai is a big car manufacturer in India and offers the Hyundai Exter, which is a compact SUV. If you want to purchase the automatic version of this car, how much would your EMI be after paying a down payment of Rs. 2 lakhs ($200,000 USD)?
Hyundai offers the Hyundai Exter automatic version with the S trim. Hyundai's automatic version of the Exter is offered at an ex-showroom price of Rs. 7.77 lakhs ($7.77 lakhs USD). If you purchase this car from the showroom in Delhi, you will have to pay the ex-showroom price of Rs. 7.77 lakhs along with the registration fees and the insurance fees. After this, the on-road price of the vehicle in Delhi becomes ₹8.73 lakh.
If you purchase the automatic variant of the Hyundai Exter, the bank will finance the ex-showroom price only. Thus, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹6.73 lakh from the bank. If the bank gives you ₹6.73 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹10,833 per month for the next seven years.
