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Maruti S-Presso STD: If you are trying to buy a stylish and fuel-fidelity hatchback car in a low budget, then Maruti Suzuki S-Presso STD variant can be the best option for you. The ex-showroom price of this car is just Rs 4.26 lakh, while its on-road price in Delhi goes up to about Rs 4.70 lakh.
What is involved in the on-road price of Maruti S-Presso STD?
RTO Fee: Around Rs 18,000
Insurance premium: around Rs 20,000
Other fees: Rs 5,485 as fastag, MCD and smart card fees
Keeping all these costs in mind, the on-road price of this car comes to around Rs 4.70 lakh.
Finance Plan and EMI Calculation
If you make a down payment of Rs 1 lakh, then you have to take a car loan of Rs 3.70 lakh.
If this loan is available for 7 years at an annual interest rate of 9%, then your monthly EMI will be around Rs 5,957.
You will have to pay an interest of about 1.30 lakh rupees during the 7 -year loan period.
Thus, keeping in mind the down payment, loan amount and interest, the total cost of purchasing this car will be around 6 lakh rupees.
Pay requirement to pay EMI
Your monthly income should be at least Rs 18,000 to 20,000 to repay the EMI of Maruti S-Presso STD. According to the advice of banks and finance companies, your EMI should not exceed 30% of your total salary, so that you have enough money for your other important expenses. If your net monthly salary is between 20,000 and 25,000 rupees, then you can easily repay the EMI of this car.
Characteristics of Maruti S-Presso STD
Ex-showroom price: 4.26 lakh rupees
On-road price: 4.70 lakh rupees (Delhi)
Mileage: 24.76 km per liter (ARAI certified) in petrol version
Engine: 1.0-liter K10B petrol engine, 67 PS power and 89 Nm torque
Features: double airbags, ABS with EBD, rear parking sensor, high-speed alert
Ground clearance: suitable for 180 mm, urban and rural roads
The compact size and high seating position of the car makes it ideal for driving in urban traffic. In addition, its 27-liter fuel tank and 270-liter boot space is sufficient for small families.
Why choose Maruti S -reso?
Maruti S-Presso STD is a car that gives a lot of features and great mileage at a low price. Its design is inspired by SUV, which attracts youth. The low maintenance expenses of the car and Maruti Suzuki’s larger dealership network make it popular among middle class buyers.
If you are also looking for a trusted and mileage car in a low budget, then Maruti S -reso STD is the best option for you. For more information and finance offers, contact your close Maruti Suzuki dealership.