Buying your own car is an important and dream-fulfillment moment in many people’s lives. There are many popular cars in India. Which are known for their powerful performance and great features. Auto companies offer powerful cars in various segments. Even in this, compact sedan cars are in good demand in India. If you are also looking for a good sedan car then Hyundai Aura will be the best option for you.
One of the leading automobile manufacturers in India Hyundai The company offers vehicles in several segments. The company offers the Hyundai Aura in the compact sedan segment. If you are planning to buy the base variant of this sedan, let us know how much EMI you will have to pay after a down payment of Rs 1 lakh.
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Hyundai offers the E variant as the base variant of the Aura. The base variant of this sedan is available at an ex-showroom price of Rs 6 lakh. If you buy this variant, the ex-showroom price of Rs 6 lakh will include registration and insurance charges. This car will be charged around 24000 registration tax and around 35000 insurance charges. This brings the on-road price of this car to Rs 6.77 lakh.
If you are planning to buy the base variant of Hyundai Aura, the loan will be provided by the bank only on the ex-showroom price. In such a case, after making a down payment of Rs 1 lakh, you will have to take a loan of around Rs 5.77 lakh from the bank. If a bank gives you a car loan of Rs 5.77 lakh for 7 years at 9 percent interest rate, you will have to pay an EMI of Rs 9295 per month for the next 7 years.
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If you take a car loan of Rs 5.77 lakh for 7 years at an interest rate of 9 percent, you will have to pay an EMI of Rs 9295 per month for 7 years. During this period you will pay around Rs 2.03 lakh as interest for the base variant of Hyundai Aura. So including ex-showroom price, on-road costs and interest, the total cost of the car will come to around Rs 8.80 lakh.
