Maruti Suzuki Wagon R EMI: Maruti offers Wagon R in the hatchback segment. A large number of people in the country like this car of the company. If you are also planning to buy it, then after a down payment of Rs 1 lakh, its base variant LXI can be brought home at how many years EMI. Let’s know.
How much is the price
Maruti is offering the base variant LXI of Wagon R at an ex-showroom price of Rs 5.54 lakh. If you buy it in Delhi, you will have to pay a total of Rs 6.06 lakh. This price includes Rs 5.54 lakh ex-showroom price, Rs 23 thousand RTO and Rs 23351 insurance and some accessories including Fastag, Smart Card.
How much EMI after a down payment of Rs 1 lakh
If you buy the base variant LXI of this car, then the bank will finance it at the ex-showroom price only. In such a situation, after making a downpayment of Rs 1 lakh, you will have to finance an amount of about Rs 5.06 lakh from the bank. If the bank gives you Rs 5.06 lakh for seven years at an interest rate of 8.7 percent, then you will have to pay an EMI of only Rs 8064 every month for the next seven years.
How expensive will the car be
If you take a car loan of Rs 5.06 lakh from the bank for seven years at an interest rate of 8.7 percent, then you will have to pay an EMI of Rs 8064 every month for seven years. In such a situation, in seven years you will pay around Rs 1.71 lakh as interest for Maruti Wagon R. After which the total price of your car including ex-showroom, on road and interest will be around Rs 7.77 lakh.
