Volkswagen Taigun Base Variant EMI: Know Monthly Installment After ₹1 Lakh Down Payment

Volkswagen offers its cars in different segments. Volkswagen Taigun is one model that falls under the mid-size SUV segment. If you also want to purchase the base model, what will be your monthly installment after paying an initial payment of ₹100,000?

The base model of Taigun from Volkswagen is 1.0 Comfortline Petrol and can be purchased for an ex-showroom price of ₹11.42 lakh. When it is purchased from Delhi, it requires an on-road price of around ₹13.15 lakh. This includes an ex-showroom price of around ₹11.42 lakh and around ₹1.14 lakh for registration and insurance costs of around ₹48,000, respectively. Additionally, a cost of around ₹11,000 for TCS is also paid; hence, an on-road price of ₹13.15 lakh is incurred.

If you purchase the base variant of this vehicle, the bank will finance the ex-showroom price. Thus, after making a down payment of ₹1 lakh, you will have to finance approximately ₹12.15 lakh from the bank. If the bank gives you ₹12.15 lakh for seven years at 9% interest, you will have to pay a monthly EMI of only ₹19,556 for the next seven years.

If you take a car loan of Rs 12.15 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 19556 every month for seven years. In such a situation, in seven years, you will pay around Rs 4.27 lakh as interest for the base variant of Volkswagen Taigun. After which you will pay a total price of the car, including ex-showroom, on-road, and interest, which will be around Rs 17.42 lakh.

Volkswagen offers Taigun as a mid-size SUV. This SUV competes directly in the market with SUVs like Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Mahindra Scorpio N, MG Hector, and Kia Seltos.