Mahindra Scorpio N : The Mahindra Scorpio N is one of the best-selling SUVs in the domestic market. Due to the bold look and diesel-petrol powertrain option, this vehicle is prominent from village to city. If you are also planning to buy Scorpio N in the coming days, then this information is useful for you.
In this article, we have brought the on-road price of the base variant of Mahindra Scorpio N as well as the EMI and down payment account for customers buying by taking a loan. After reading it, you’ll get a rough idea of the budget.
Mahindra Scorpio on road price and finance plan
The starting ex-showroom price of this SUV in the domestic market is Rs 13.99 lakh At the same time, the on-road price of its base Z2 (petrol) model in the capital Delhi is around Rs 16.29 lakh. This includes RTO fee of Rs 1.45 lakh and insurance amount of Rs 70 thousand.
For example, if you make a down payment of Rs 3 lakh for this SUV and take a car loan of Rs 13.29 lakh for the remaining. Let’s say thanks to your good credit score, you get a 9 percent interest rate loan from the bank.
In such a situation, if you take a 5-year loan, then you will have to pay an EMI of Rs 27,582. At the same time, on taking a car loan for 7 years, the amount of EMI will be reduced to Rs 21 thousand.
The SUV will be very expensive if you buy it with a loan
If you buy Mahindra Scorpio N on loan, you will have to pay around Rs 18 lakh within 5 years. At the same time, after adding the down-payment amount, a total of Rs 21 lakh will have to be spent for the SUV.
After taking a loan and buying Mahindra Scorpio N, you have to pay about 25-30 thousand rupees as EMI. If fuel and maintenance costs are added to this, the amount will be about Rs 35 thousand. If the monthly salary is up to 70-80 thousand, then you can easily buy this SUV.