Maruti Celerio: Maruti Suzuki vehicles are highly popular. If you are concerned about rising petrol and diesel prices, you might consider purchasing a Maruti Suzuki CNG car. Sales of the Maruti Celerio are currently strong, and you can conveniently purchase the CNG variant and have it delivered to your doorstep without any hassle.
If you do not have the full budget to buy this car up front, there is no need to worry. Customers can make a down payment of ₹1 lakh to purchase it. After the down payment, you simply need to pay monthly EMIs. You can find key details about the Maruti Celerio in the article below.
Maruti Celerio Price
Maruti Suzuki offers the Celerio in the hatchback segment. Its CNG variant is available at an ex-showroom price of ₹5.98 lakh. In Delhi, the on-road price comes to approximately ₹6.63 lakh; this includes the ex-showroom price of ₹5.98 lakh plus around ₹26,000 for RTO charges and approximately ₹32,000 for insurance.
EMI Amount After Down Payment
If you purchase the CNG variant, the bank will finance the amount based on the ex-showroom price. After making a down payment of ₹1 lakh, you would need to finance the remaining amount of approximately ₹5.63 lakh through a bank. If the bank provides a loan of ₹5.63 lakh for seven years at an interest rate of 9%, your monthly EMI would be ₹9,052 for the next seven years.
Total Cost of the Car
If you take a car loan of ₹5.63 lakh from a bank for seven years at an interest rate of 9%, you will be required to pay a monthly EMI of ₹9,052 for the duration of the seven-year term. In this scenario, you would pay approximately ₹1.98 lakh in interest over seven years for the Maruti Suzuki Celerio. Consequently, the total cost of the car—combining the ex-showroom price, on-road costs, and interest—would amount to around ₹8.60 lakh.
Competition
Maruti Suzuki offers the Celerio in the hatchback segment at a very affordable price point. As a result, it competes directly with hatchbacks such as the Maruti Wagon R, Maruti S-Presso, Renault Kwid, and Hyundai Grand i10 Nios.