A down payment of two lakhs and take home the CNG variant of Hyundai Exter! EMI for 7 years will be only…

• The on-road price of Hyundai Exter CNG in Delhi is around Rs 7.87 lakh.
• A down payment of Rs 2 lakh can lead to an EMI of approximately Rs 9,451 per month for 7 years.
• The SUV competes with the likes of Tata Punch, Nissan Magnite and Renault Kygar.

One of the leading automobile manufacturers in India Hyundai Hyundai sells the Exter in the compact SUV segment. If you are planning to buy the CNG variant of this car, then this news will be beneficial for you. Now let’s know how much EMI you will have to pay for the CNG variant of Hyundai Exter after making a down payment of Rs 2 lakh.

Nissan Magnite Vs Kia Syros: Who beats the competition in engine, price and features? Read the full comparison before buying

Hyundai Exeter Price

The automaker offers the Hyundai HX2 as a CNG variant of the Exeter. The ex-showroom price of this car is Rs 7 lakh. If you are going to buy this car in Delhi, then along with the ex-showroom price of seven lakh rupees, you will also have to spend on registration, insurance. To buy the CNG variant of Exeter, one has to spend about Rs. 49,000 for registration tax and about Rs. 38,000 for insurance. After this, the on-road price of this car in Delhi will be Rs 7.87 lakh. (Photo Courtesy – Pinterest)

What will be the EMI after a down payment of Rs.2 lakh?

If you are going to buy the CNG variant of Hyundai Exeter, the bank will give you a loan on the ex-showroom price of the car. If you make a down payment of Rs 2 lakh, you will have to take a loan of around Rs 5.87 lakh from the bank to buy this car. If a bank gives you a loan of Rs 5.87 for 7 years with 9 percent interest, you will have to pay an EMI of Rs 9451 every month.

How much will the car cost?

If you take a car loan of Rs 5.87 lakh from a bank with an interest rate of 9 percent, you will have to pay an EMI of Rs 9451 every month for seven years. So, in seven years, you will have to pay approximately Rs 2.06 lakh in interest for the CNG variant of the Hyundai Exeter. After this, the total cost of the car will be around Rs 9.94 lakh including ex-showroom, on-road and interest.

Want to buy a new Skoda Kushaq? What will be the EMI after 2 lakh down payment? Understand the full math before buying

Who is the competition with?

Hyundai Exeter has been introduced in the compact SUV segment. It has direct competition with the Tata Punch and many other hatchbacks in this segment. Also, it faces price competition from SUVs like Nissan Magnite, Renault Kygar and Maruti Franks.