Bring this gleaming car home after down payment of only Rs 2 lakh, EMI will be this much every month
car news desk,Tigor is made available for sale by Tata Motors in the Compact Sedan Car Segment. If you are also planning to bring home the base variant We are telling you in this news.
Tata Tigor XE Price
XE is offered by Tata Motors as the base variant of Tigor. The company is making the base variant of this Compact Sedan Car available for sale at an ex-showroom price of Rs 6 lakh. If it is purchased in Delhi, then along with the ex-showroom price of Rs 6 lakh, you will also have to pay registration tax and RTO on it. To buy a car, you will have to pay Rs 23996 for RTO and Rs 34832 for insurance. After this, the on-road price of the SUV in Delhi becomes Rs 658728. If you buy the base variant XE of this vehicle, then the finance will be done by the bank at the ex-showroom price only. In such a situation, after making a down payment of Rs 2 lakh (Tata Tigor down payment), you will have to finance an amount of around Rs 458728 from the bank. If the bank gives you Rs 458728 for seven years with nine percent interest, then you will have to pay EMI of only Rs 7381 every month for the next seven years.
How much will the car cost?
If you take a car loan of Rs 458728 from a bank for seven years with an interest rate of nine percent, then you will have to pay an EMI of Rs 7381 every month for seven years (Tata Tigor EMI details). In such a situation, in seven years you will pay around Rs 1.61 lakh as interest for the XE variant of Tata Tigor. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 8.19 lakh.
Who is there to compete with?
Tigor is brought by Tata Motors in the compact sedan car segment. In this segment, it competes directly with compact cars like Hyundai Aura, Maruti Dzire, Honda Amaze.
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