Even though budget friendly cars are being sold in large numbers in India, the craze of luxury cars is also no less. Even today, when you see a luxury car running on the streets, the eyes of many people are on it. Apart from this, many political and celebrity celebrities in the country can also be seen owner of luxury cars. Many people are also seen using a range rover car on a large scale.
The Land Rover Range Rover has always been a different craze in the Indian market. Many cars of the company are popular. Range Rover Velar is a 5-seater luxury SUV, which is available in both petrol and diesel variants. The ex-showroom price of the petrol variant of this car is Rs 1.01 crore and the price of diesel variants is Rs 1.03 crore. Its best selling model is Dynamic HSE (Petrol).
If you want to buy this car, you can buy it on a loan instead of paying it full. Today we are going to know how down payment and EMI you will have to pay for this.
What will be EMI to buy Range Rover Velar?
You can get a loan of Rs 91.12 lakh to buy the petrol variants of Range Rover Velar. Interest will be imposed on this loan. According to this interest, you have to deposit a fixed amount every month as EMI.
To buy this model of Range Rover, a down payment of Rs 10.13 lakh will have to be made. Apart from this down payment, the remaining amount will be deposited as EMI every month. If you take a loan for four years to buy a waller and the interest rate on this loan is 9 percent, then the bank will deposit an EMI of Rs 2.27 lakh every month.
If a loan is taken for five years to buy this luxury SUV, then EMI of Rs 1.89 lakh will have to be deposited every month at a 9 % interest rate. To buy a range rover, you have to take a loan of Rs 1.64 lakh for six years and it will have to be deposited at an interest rate of 9 percent per month. If you take a loan for seven years to buy this land rover car and the interest rate of this loan is 9 percent, then you will have to pay an EMI of Rs 1.47 lakh every month. There may be some variation in this loan amount based on different policies of banks. For this reason, it is important to read the bank documents carefully while taking a loan.
What is the minimum down payment to buy the Post Range Rover Velar? Thus EMI will be calculated first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
