By Admin 
If you are planning to buy a family car that gives high mileage at low cost, then Maruti Suzuki WagonR CNG can be a great option for you. This car has been the choice of Indian customers for a long time due to its excellent mileage, low maintenance and reliable performance. If you want to buy this car, it is not necessary to buy it by paying full payment. You can also buy this car through down payment and finance plan.
If you have a down payment of Rs 2 lakh, then let us know how much EMI will have to be paid every month to buy this car and what will be its total price?
What will be the calculation of down payment and EMI?
The ex-showroom price of Maruti Suzuki WagonR CNG variant is around Rs 6.54 lakh. If you buy this car in Delhi, then after adding RTO fees, insurance, Fastag and other charges, its on-road price reaches approximately Rs 7.35 lakh.
If you make a down payment of Rs 2 lakh while buying this car, then you will have to take a loan of about Rs 5.35 lakh. If the bank gives this loan at 9 percent annual interest rate for 7 years, then you will have to pay EMI of about Rs 8,612 every month. However, this EMI may be slightly more or less depending on the interest rate of the bank, loan tenure and your credit profile.
You will pay approximately Rs 1.88 lakh only as interest on paying EMI for 7 years. That means, including ex-showroom price, on-road price and interest, the total cost of this car can reach around Rs 9.23 lakh. Therefore, before buying a car, it is very important to know your budget and loan conditions thoroughly.
Why are cars liked?
Maruti WagonR CNG is quite popular among the daily user customers due to its excellent mileage, low running cost and comfortable cabin. This is the reason why this car is considered a strong option for first-time car buyers and small families.
In the Indian market, WagonR CNG competes with budget cars like Maruti Celerio CNG, Maruti S-Presso, Maruti Alto K10, Renault Kwid and Tata Tiago. If your priority is low fuel consumption and low maintenance, then WagonR CNG can prove to be a good option.
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