Maruti Suzuki Swift: If you want to buy Maruti Suzuki Swift, know the installment and interest rate.
Over 16000 units of Maruti Suzuki Swift hatchback sold in India last month. It is the second best selling car after WagonR.
Swift can be bought in 9 variants across 4 trim levels namely Lxi, VXi, ZXi and ZXi+. The Swift is priced from Rs 5.92 lakh to around Rs 8.85 lakh (ex-showroom). This car is capable of generating power up to 88.5bhp with 1197cc petrol engine.
This popular 5-seater hatchback can be bought with manual as well as automatic transmission option. Maruti Swift gives a mileage of up to 23.76 kmpl.
The Swift hatchback with great design and features can be bought on finance with a down payment of just Rs 1 lakh. After that, how many loans are available and how much interest to pay, how much EMI will be, now let’s know all these details.
EMI & Down Payment of Swift LXI
The base variant of the Maruti Swift LXI has an ex-showroom price of Rs 5.92 lakh and an on-road price of Rs 6.50 lakh.
Financing this car with a down payment of Rs 1 lakh will get a loan of Rs 550,114 at 9.8 percent interest and Rs 11,634 monthly installments for the next 5 years, according to CarDekho’s EMI calculator.
Financing the base model of the Swift will cost around Rs 1.5 lakh in interest over 5 years.
EMI & Down Payment of Swift VXI
The best selling model of Maruti Swift is Swift VXI. The Swift VXi is priced at Rs 6.82 lakh ex-showroom and Rs 7.67 lakh on-road.
If you finance the purchase of this car with a down payment of Rs 1 lakh, you will get a loan of Rs 667,594 at 9.8 percent interest and monthly installments of Rs 14,119 for the next 5 years.
Swift VXI will have to pay around Rs 1.8 lakh interest over 5 years.
Remember- Before taking a loan for buying any car, one must visit the nearest showroom and get detailed information about the car loan and EMI.