Auto Desk, New Delhi. MG Motors, India's leading automobile manufacturer, sells vehicles in many segments in the Indian market. MG Windsor EV offered by the manufacturer is also made available for sale. If you are also planning to buy it, then after making a down payment of Rs 3 lakh, you can bring it home by paying EMI of how much rupees every month. We are telling you in this news.
MG Windsor EV Price
The base variant of Windsor EV is offered by MG Motors at an ex-showroom price of Rs 12.65 lakh. If you buy it in Delhi, the on-road price comes to around Rs 13.33 lakh. In this price, apart from the ex-showroom price of Rs 12.65 lakh, you will have to pay about Rs 56 thousand for insurance. Apart from this, around Rs 12 thousand will have to be paid as TCS charge. After which its on-road price becomes Rs 13.33 lakh.
How much EMI after down payment of one lakh rupees
If you buy the base variant of this vehicle, then financing will be done by the bank at the ex-showroom price only. In such a situation, after making a down payment of Rs 1 lakh, you will have to finance an amount of around Rs 12.33 lakh from the bank. If the bank gives you Rs 12.33 lakh for seven years with nine percent interest, then you will have to pay EMI of only Rs 19847 every month for the next seven years.
How much will the car cost?
If you take a car loan of Rs 12.33 lakh from a bank for seven years with an interest rate of nine percent, then you will have to pay EMI of Rs 19847 every month for seven years. In such a situation, in seven years you will pay about Rs 4.33 lakh as interest for MG Windsor EV. After which you will pay around Rs 17.67 lakh for the total price of the car including ex-showroom, on-road and interest.
Windsor EV is brought by JSW MG as an electric vehicle. It faces challenge from many SUVs in the market, but its direct competition is with electric SUVs like Tata Curvv EV, Mahindra BE6, Hyundai Creta Electric, Vinfast VF6.