If you are planning to buy a new Verna in the coming days, then this article of ours is useful for you. In this article, we have brought for you the On Road Price and EMI details of this car. Let us know how much interest will have to be paid along with the installment?
Hyundai Verna On Road Price
As told to you, the ex-showroom price of Verna starts from Rs 10.98 lakh. If you want to buy it in the capital Delhi, then you will have to pay RTO charges of Rs 1,21,840 on the base variant of Verna. Apart from this, you may have to pay insurance amount of Rs 54,447 and other charges of Rs 11,484. In this way the on road price of Hyundai Verna becomes Rs 12,86,171.
Hyundai Verna Down Payment & EMI Details
If you give a down payment of Rs 2 lakh while buying a brand new car, then you will have to apply for a car loan on the remaining Rs 10,86,171. If your monthly income is good and your credit score is in good condition, then you will easily get this loan at an interest rate of 10 percent.
Let us assume that you will get this car loan for 5 years. In this way, at 10 percent interest rate, you can repay your car loan by paying a total of 60 EMIs of Rs 23,078. If added, you will pay a total of Rs 13,84,675 in installments. If Rs 2 lakh down payment is added, its price will be Rs 15,84,675 (after interest and EMI).
Our advice: The on-road price and EMI details of the vehicle mentioned above are just an example. This figure may change depending on the city, dealership, RTO and insurance company. If you earn up to Rs 60-80 thousand a month and there is no big loan going on, then buy this car on installment only.
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