If you’re planning to purchase the base variant of the Toyota Taisor and want to make a down payment of ₹1 lakh, it’s important to know the car’s monthly EMI in advance. The ex-showroom price of this SUV in Delhi is ₹7.43 lakh, while the on-road price is estimated to be around ₹8.35 lakh.
What is the price of the Toyota Taisor?
The ex-showroom price of the base petrol variant of the Toyota Taisor is ₹7.43 lakh. After adding RTO, insurance, and other charges, the on-road price in Delhi reaches approximately ₹8.35 lakh. This includes approximately ₹52,000 for RTO and ₹40,000 for insurance.
What will be the EMI on a ₹1 lakh down payment?
If a customer makes a down payment of ₹1 lakh, they will need to take out a loan of approximately ₹7.35 lakh.
On-road price: ₹8.35 lakh
Down payment: ₹1 lakh
Loan amount: Around ₹7.35 lakh
Loan term: 5 years
Estimated interest rate: 9% per annum
Estimated EMI: ₹15,200 to ₹15,400 per month
If the interest rate or loan term changes, the EMI will increase or decrease proportionately.
What to consider before taking a loan?
Be sure to compare bank interest rates, processing fees, prepayment charges, and insurance packages before taking a car loan. A good credit history is likely to result in a lower interest rate, which can reduce the total loan cost.
The Toyota Taisor is a popular choice in the compact SUV segment. It’s best to confirm the on-road price in your city and dealer offers before purchasing, as prices may vary from state to state due to taxes and insurance.