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Buy a car with a mileage of 32 km on EMI of only 6,558, see down payment and finance offers

Highlights

The starting price of the base model of Alto is Rs 3,39,000.
Its on-road price goes up to around Rs 3.80 lakh.
If you deposit Rs 1 lakh, the EMI will be around Rs 6,500

New Delhi. Cars are being bought heavily during the festive season. Many people are preferring to buy expensive and luxury cars. On the other hand, there are many people who are still dreaming of buying their first car. Such people include many middle class families, whose buying the first four wheeler is still a dream. For such people, here we are going to tell you the option of a great car, which can be bought only at a nominal ie bike equal EMI.

Maruti Suzuki’s Alto 800 has been a very popular car in India for a long time. It has been the favorite car of the middle class family for many years. The reason for this is that this car gets good mileage and its price is also very low. Which the common man can easily buy with finance. Apart from this, due to its small size, it is also very easy to drive, which can be easily driven by women or elderly.

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What is the down payment for 6,558 EMI

The starting price of the base model of Alto i.e. ex-showroom is Rs 3,39,000. Its on-road price goes up to around Rs 3.80 lakh. If you want to finance it, then at least you should make a down payment of around Rs 1 lakh for this. Many finance companies or banks offer even less down payment. By making a low down payment, the loan amount becomes very high. If you deposit Rs 1 lakh, the EMI will be close to Rs 6,500. In this, the rate of interest on the loan will be around 10 percent per annum and the tenure of the loan will be 5 years.

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Downpayment and EMI for other models

Alto 800 Model Loan Amount (Rs.) Downpayment (Rs.) EMI (for 5 years)
STD Opt 3,05,100 1,02,384 6,558
LXI Opt 3,67,200 1,17,181 7,893
VXIRs 3,85,200 1,21,509 8,279
VXI Plus 3,97,350 1,24,307 8,541
LXI Opt S-CNG 4,52,700 1,37,895 9,730

Tags: auto news, Autofocus, Automobile, Car Bike News, Maruti Alto 800, Maruti Suzuki

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