Auto Desk, New Delhi. Maruti Suzuki, one of India's leading automobile manufacturers, sells vehicles in many segments. Maruti Grand Vitara is offered by the manufacturer as a mid-size SUV. If you are planning to bring home the base variant of this SUV, then after making a down payment of Rs 2 lakh, you can bring it home by paying EMI of how many rupees every month. We are telling you in this news.
Maruti Grand Vitara Price
Sigma is offered by Maruti as the base variant of Grand Vitara. The base variant of this mid-size SUV is being made available for sale by the manufacturer at an ex-showroom price of Rs 11.76 lakh. If it is purchased in Delhi, then along with the ex-showroom price of Rs 11.76 lakh, registration and insurance will also have to be paid on it. To buy this car, you will have to pay a registration tax of around Rs 1.07 lakh and insurance of around Rs 53 thousand. Besides this, TCS charge of Rs 10700 will also have to be paid. After this, the on-road price of the vehicle in Delhi becomes Rs 12.47 lakh.
How much EMI after down payment of Rs 2 lakh?
If you buy Sigma, the base variant of Maruti Grand Vitara, then the financing will be done by the bank at the ex-showroom price only. In such a situation, after making a down payment of Rs 2 lakh, you will have to finance an amount of around Rs 10.47 lakh from the bank. If the bank gives you Rs 10.47 lakh for seven years with nine percent interest, then you will have to pay EMI of only Rs 16850 every month for the next seven years.
How much will the car cost?
If you take a car loan of Rs 10.47 lakh from a bank for seven years with an interest rate of nine percent, then you will have to pay EMI of Rs 16850 every month for seven years. In such a situation, in seven years you will pay around Rs 3.68 lakh as interest for the base variant Sigma of Maruti Grand Vitara. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 16.15 lakh.
Who is there to compete with?
Grand Vitara is brought by Maruti Suzuki in the mid-size SUV segment. In this segment, it competes directly with SUVs like Tata Harrier, Toyota Urban Cruiser Hyrider, Hyundai Creta, Kia Seltos, MG Hector, Honda Elevate.
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