Auto Desk, New Delhi. Skoda, one of India's leading vehicle manufacturers, sells vehicles in many segments in the Indian market. Skoda Slavia is made available for sale by the manufacturer as a Mid Size Sedan Car. If you are planning to buy the automatic variant of this mid-size sedan car and want to bring the car home after making a downpayment of only Rs 2 lakh, then how much EMI will you have to pay every month? We are giving you this information in this news.
The automatic variant Signature of Slavia is offered by Skoda in the Indian market at an ex-showroom price of Rs 14.34 lakh. If this car is purchased in Delhi, then RTO of around Rs 1.43 lakh and insurance of around Rs 58 thousand will have to be paid. Along with this, TCS of about Rs 14 thousand will also have to be paid. After which the Skoda Slavia on road price becomes around Rs 16.50 lakh.
How much EMI after 2 lakh down payment
If you buy the automatic 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 2 lakh, you will have to finance around Rs 14.50 lakh from the bank. If the bank gives you Rs 14.50 lakh for seven years with nine percent interest, then you will have to pay EMI of Rs 23328 every month for the next seven years.
How expensive will Skoda Slavia cost?
If you take a car loan of Rs 14.50 lakh from a bank for seven years with an interest rate of nine percent, then you will have to pay EMI of Rs 23328 every month for seven years. In such a situation, in seven years you will pay around Rs 5.09 lakh as interest for the automatic variant of Skoda Slavia. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 21.59 lakh.
Skoda Slavia is offered in the Mid Size Sedan Car segment in the Indian market. In this segment, it competes directly with cars like Hyundai Verna, Volkswagen Virtus, Honda City.