By Admin 
The demand for SUV cars is increasing rapidly in India. Both Maruti Fronx and Tata Nexon are very popular cars in this segment. Both the vehicles have good looks and also have good features, but when people think of buying a new car, they also look at how much EMI they will have to pay every month. Because most people buy cars by taking loan. If we talk about the price, the starting price of Maruti Fronx starts from around Rs 7.5 lakh. Whereas the starting price of Tata Nexon is around Rs 8 lakh. This means that the Nexon is priced slightly higher than the Fronx right from the start. Therefore, EMI of Nexon may also be higher.
EMI calculation
Suppose you give a down payment of Rs 1 lakh while buying a car and take a loan of the remaining amount from the bank. If the loan period is considered to be 5 years and the interest rate is considered to be around 9%, then the difference in EMI is clearly visible. According to this, the monthly EMI of the base model of Maruti Fronx can be around Rs 13,000 to 14,000. Whereas for Tata Nexon, EMI may have to be around Rs 14,500 to 15,500 every month. This means that there can be a difference of about Rs 1,000 to 1,500 every month between the two vehicles.
Which car will be better?
If your budget is a little less and you want to pay less EMI then Maruti Fronx can be a better option for you. Its price is low and mileage is also considered good. At the same time, if you want a strong body, more safety and powerful engine, then Tata Nexon is also a good option. However, its EMI may be slightly higher. If we look at EMI only then Maruti Fronx is cheaper. Let us tell you that while choosing a car, not only EMI but also the features, safety and your needs should be kept in mind.
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