Every person’s dream in India is to be the owner of his car. They work day and night for this dream. If your family is large, you have to save more to buy a 7-seater car. In such a situation, many people buy their dream cars with the help of loan.
There are many auto companies in India that offer the best 7-seater cars. The name of Maruti Suzuki Ertiga has been taken in it. If you too are planning to buy Maruti Ertiga and do not want to spend the entire amount together, then we are going to tell you how you can buy Maruti Ertiga’s base variant CNG, VXI (O) on EMI.
To buy Maruti Suzuki Ertiga, you can do a downpayment of Rs 2 lakh and the remaining amount can be paid as EMI. The Maruti Ertiga CNG VXI (O) variant costs around Rs 11 lakh and after the inclusion of registration, insurance and other charges, its on-road price comes around Rs 12.90 lakh.
How much will EMI be?
If you do a downpayment of 2 lakh rupees, then you have to take a car loan for the remaining 10.90 lakh rupees. Depending on a duration of 5 years and interest rate of 9%, your monthly EMI will be around Rs 23,000, resulting in a total of Rs 13.57 lakh in 5 years, which will include an interest of about Rs 2.67 lakh.
Mileage and characteristics
Talking about the engine of this car, the Maruti Ertiga CNG has a 1.5 -liter petrol engine, which generates 86.63 bhp power and 121.5 Nm of torque in CNG mode and the company claims that the car gives a great mileage of 26.11 km per kg.
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There is competition with this car.
Talking about the features, this 7-seater car has features like multi-function steering wheel, touchscreen infotainment system, automatic climate control and dual airbags. The car competes with the Renault Tribe and Kia Carence.
Let us tell you that the on-road price of Maruti Ertiga can vary depending on the city and variants. In addition, loan interest rate and EMI depends on your credit score and bank policy, so get complete information from the nearest Maruti dealership before financeing the car.