Want to bring the Mahindra XUV 3XO home? Know how much EMI to pay after a down payment of 2 lakhs

• The Mahindra XUV 3XO MX2 Pro Automatic variant is priced around Rs 11.12 Lakh on-road in Delhi.
• After a down payment of Rs 2 lakh, a loan of Rs 9.12 lakh will have to pay an EMI of around Rs 14,679 per month for 7 years.
• The total cost of this SUV with interest over a period of 7 years can reach around Rs 14.33 lakh.

vehicle manufacturer Mahindra Mahindra offers the XUV 3XO in the compact SUV segment. This SUV is available in different variants in the market. If you are planning to buy the automatic variant of this SUV, then this news will be beneficial for you. Now let’s know how much EMI you will have to pay after paying a down payment of Rs 2 lakh while buying an automatic variant of the car.

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Mahindra XUV 3XO Price

Automaker Mahindra introduces the MX2 Pro as an automatic variant of the XUV 3XO. The automatic variant of this car is priced at Rs 9.93 lakh ex-showroom. If you are planning to buy this car in Delhi then you will have to spend around Rs 69 thousand for RTO and around Rs 49 thousand for insurance. After this, the on-road price of the base variant of the Mahindra XUV 3XO will be around Rs 11.12 lakh. (Photo Courtesy – Mahindra)

How much will be the EMI after two lakh down payment?

If you are planning to buy the MX2 Pro automatic variant of this car, the bank will give you a loan on the ex-showroom price of the car. After making a down payment of Rs 2 lakh, you will have to take a loan of around Rs 9.12 lakh from the bank. If a bank gives you a loan of Rs 9.12 lakh for 7 years with 9% interest, you will have to pay an EMI of Rs 14679 every month.

What will be the total cost of the car?

If you take a car loan of Rs 9.12 lakh from a bank for 7 years at 9% interest, you will have to pay an EMI of Rs 14679 every month for seven years. So, in seven years, you will have to pay approximately Rs 3.20 lakh in interest for the automatic variant of the Mahindra XUV 3XO. After that, the total cost of your car will be Rs 14.33 Lakhs including ex-showroom, on-road and wise.

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Who is the competition with?

The XUV 3XO is presented by the manufacturer as a compact SUV. This Mahindra SUV competes directly with SUVs like Renault Kygar, Maruti Breeze, Tata Nexon, Kia Sonet, Hyundai Venue and Nissan Magnite.