look news india
New Delhi: Nissan has made the Magnet facelift available for sale in the SUV segment in the Indian market. The company offers Visia as a base variant. If you are also planning to buy the base variant of this SUV and want to bring the car home by making a downpayment of only Rs 1 lakh, then how much EMI will you have to pay every month? We are giving you this information in this news.
What is the price of the base variant of Nissan Magnite facelift?
Nissan has introduced the Visia variant of Magnite facelift in the Indian market at an ex-showroom price of Rs 5.99 lakh. If this car is purchased in Delhi, then road tax of around Rs 24 thousand and insurance of around Rs 29 thousand will have to be paid. After which the on road price of Nissan Magnite Visia is around Rs 6.52 lakh.
EMI of Rs 8800 after one lakh down payment
If you buy the base variant Visia 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 1 lakh, you will have to finance around Rs 5.52 lakh from the bank. If the bank lends you Rs 5.52 lakh at 8.7 per cent interest for seven years, then you will have to pay an EMI of Rs 8802 every month for the next seven years.
If you take a car loan of Rs 5.52 lakh for seven years from a bank at an interest rate of 8.7 percent, then you will have to pay an EMI of Rs 8802 every month for seven years. In this case, you will pay around Rs 1.87 lakh as interest for Nissan Magnite Visia in seven years. After this, the total price of your car including ex-showroom, on-road and interest will be around Rs 8.39 lakh.