There is a lot of demand for Tata Motors’ cars in the Indian market. These cars come with modern features and safety ratings as well as economical. If you are planning to buy a cheap car of Tata, then Tata Tiago can be a better option for you. Even if your salary starts at 30 thousand rupees, you can easily buy Tata Tiago. The initial ex-showroom price of this car is Rs 5 lakh.

The good thing is that you will not have to pay the entire amount together to buy it. Customers can finance it by paying only 50 thousand rupees down payment. The on-road price of Tata Tiago’s base XE (Petrol) model in Delhi is around Rs 5.56 lakh. This price includes RTO fee of Rs 27,371 and insurance Rs 28,421.

How much down payment will Tata Tiago get?

If you make a down payment of Rs 50,000, then you will have to take a car loan of about 5 lakh rupees. Suppose you get a loan for 5 years at 9% interest rate from the bank, then your EMI will be around Rs 11,000 per month. If you take this loan for 7 years, then EMI comes close to about 8,500 rupees.

If your month salary is between 30,000 and 40,000 rupees, then the 7 -year EMI plan will be the best for you. In the 5 -year EMI scheme, you will have to pay a total of Rs 1.40 lakh as interest. Accordingly, the total price of the car will reach about 7 lakh rupees. Tata Tiago’s on-road price and finance plans may be different according to your city and dealership. Contact the nearest Tata showroom for better information.

Tata Tiago CNG engine

Tata Tiago has a 1.2 liter petrol engine, as well as CNG version is also available. This car comes in both 5-speed manual and automatic transmission. Its mileage in the petrol version is 20.09 kilometers per liter, while the mileage in the CNG version is 28 km per kg.

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