If you too are dreaming of owning Mahindra Thar Roxx, then this news is for you. Now you can become the owner of this powerful SUV on easy EMI without making a lump sum payment. In this article, we will explain the on-road price, down payment, and EMI calculation of Thar Roxx in simple language. So, if you also wish to buy this cool car on EMI, then this information is going to be very useful for you.
Powerful engine and latest features
Mahindra Thar Roxx is now available in both diesel and petrol engine options. It also has the advanced safety features like a 6 airbags. Its starting ex-showroom price in the Indian market is 12.99 lakh rupees. It has also become easier for customers to finance it, which you can take home by making a down payment of about ₹ 2 lakh. This SUV is not only powerful but is also full of the latest features, which makes it a great off-roader.
Thar Roxx on-road price
The on-road price of the Thar Roxx base MX1 RWD (petrol) variant of in Delhi is around the ₹ 15.40 lakh. This price includes ex-showroom price, RTO fee of ₹ 1,34,700, and insurance and other charges of ₹ 93,934. Keep in mind that this price may vary according to the variant and city. So, find out the on-road price according to your location.
How much will be the installment on ₹ 2 lacks down payment
If you make a down payment of ₹ 2 lakh to buy Thar Roxx, then you will have to take a car loan of about ₹ 13.40 lakh. Suppose, your civil score is good and the bank approves this loan for 5 years at an annual interest rate of 9 percent. So, in this case, your monthly EMI will be around ₹ 28,000, which you will have to pay in 60 installments.
How much more will you have to pay in 5 years?
If you take a car loan of ₹ 13.40 lakh for Mahindra Thar Roxx for 5 years, then you will have to pay around ₹ 3.30 lakh as interest. If the down payment and this interest amount are added to the base price, then this cool off-roader will cost you around the 18 lakh rupees. Therefore, it is important to understand the complete calculation of interest before buying a car on EMI.
Power of engine and performance
The first engine in Mahindra Thar Roxx is a 2.0L four-cylinder medallion turbo petrol engine, which generates 177 PS of power and 380 Nm of torque. Apart from this, there is also the option of a 2.2L four-cylinder mHawk diesel engine, which is capable of producing 175 PS of power and 370 Nm of torque. With these engine options, the option of 6-speed manual and 6-speed torque converter automatic transmission is also available, which keeps in mind the preferences of every type of rider.