Maruti Alto K10: India’s leading automaker Maruti Suzuki offers many excellent vehicles in the Indian market. The Maruti Alto K10 has also been brought to the market by Maruti as the most popular vehicle. If you are also preparing to buy and bring the most popular variant of this hatchback car LXI, then after making a down payment of one lakh rupees, how much EMI can be given every month to bring the car home? We are telling you in this news.
Price
Maruti Alto offers STDs as the most popular automatic version of the K10. The STD variant of this hatchback is offered at an ex-showroom price of Rs 4.09 lakh After the delivery of the vehicle starts, if it is purchased in Delhi, then with a showroom price of Rs 4.09 lakh, the registration tax and RTO price will also have to be paid on it. To buy this car, RTO will have to pay about Rs 16 thousand, insurance will have to pay about Rs 22 thousand. After this, the on-road price of the vehicle in Delhi becomes Rs 447591.
How much is the EMI after the down payment of Rs 1 lakh
If you buy the most expensive version of Maruti Alto K10, the bank will finance at the same showroom price. In such a situation, after making a down payment of one lakh rupees, you have to finance an amount of about 347591 rupees from the bank. If you are paid Rs 347591 for seven years with nine per cent interest from the bank, you will have to pay only Rs 5540 EMI every month for the next seven years.
How expensive will the car be
If you take a car loan of Rs 347591 for seven years with an interest rate of nine per cent from the bank, you will have to pay an EMI of Rs 5540 every month for seven years. In such a situation, in seven years you will pay around Rs 1.17 lakh as interest for the STD version of the Maruti Alto K10. After which the total cost of your car will be about Rs 5.65 lakh which includes ones showroom, on-road and average rupees.
Who is the competition?
Maruti brings the Alto K10 into the hatchback segment, where it competes directly with entry-level hatchback cars like the Hyundai Grand Nios i10, Renault Kwid.