Following a significant reduction in GST (Goods and Services Tax), India’s best-selling small car, the Maruti Wagon R, has now become significantly more affordable! A favorite among middle-class families, the base LXI variant of this excellent hatchback now starts at just ₹498,900 (ex-showroom). If you purchase this amazing car in New Delhi, its on-road price, including RTO fees and insurance, will be around ₹5.53 lakh (approximately ₹5.53 lakh). The Wagon R has now become a great option even for those with a low income. Let’s find out how you can own this car with a low down payment and its outstanding features.
Downpayment and EMI
If you have a low income but want to own a new car, the Maruti Wagon R could be the best option for you. You’ll need a minimum down payment of ₹1 lakh (approximately ₹1 lakh) to purchase the base LXI variant. Next, if you take a car loan of ₹4.53 lakh from a bank, your monthly EMI will be around ₹9,000 per month. If you increase the down payment amount, your EMI will be even lower, putting less strain on your budget. It’s important to note that bank loan terms and EMIs may vary depending on your credit score and the bank’s policies.
Engine and Mileage
The Maruti Wagon R is known for its durability and excellent mileage. The Wagon R comes in three powertrain options: a 1.0-liter petrol engine, a 1.2-liter petrol engine, and a CNG variant. This variety gives customers the freedom to choose the model that best suits their needs.
The company claims excellent fuel efficiency of up to 24 kilometers per kilogram for the Wagon R. This makes it the most affordable option for middle-class families and those who commute long distances daily. Lower petrol and diesel consumption results in significant savings.
Features and Safety
The Maruti Wagon R is considered the best in its segment when it comes to features. It features a 7-inch touchscreen infotainment system with Android Auto and Apple CarPlay. It also offers a 4-speaker sound system, dual-tone interiors, steering-mounted controls, and a spacious 341-liter boot space.
For safety, the company now offers six airbags as standard. Additionally, advanced safety features like ABS with EBD, rear parking sensors, and hill-hold assist are also available.
Market Competition
The Maruti Wagon R competes directly with the Tata Tiago, Hyundai Eon, Renault Kwid, and Maruti Suzuki Swift. The Tata Tiago also recently received a price cut of up to ₹75,000 and now starts at ₹4.57 lakh (ex-showroom), further increasing the options for customers in the affordable car segment.
