Bring home 2022 Hyundai Tucson SUV by paying just Rs 3.2 lakh down payment, know how

Hyundai India recently launched a new-gen variant of the Tucson in the country to cater to the likes of premium mid-sized SUVs like the Jeep Compass, Volkswagen Tiguan, as well as the Citroen C5 Aircross. The Tucson is Hyundai’s flagship offering in India, and also became the company’s first car in the country to be offered with ADAS (advanced driver assistance system) technology. Are you planning to buy a 2022 Hyundai Tucson and wondering how much EMI you will have to pay? We have given here the variant-wise on-road (Delhi) price of the Hyundai SUV and the minimum monthly installment taking into account the average tenure, ROI and down payment.

This much EMI will have to be paid for a 5 year loan

To simplify the process, we have chosen an average tenure of 5 years as standard with a down payment amount of around 10% and an estimated bank interest rate of 9.8%. Note that the buyer is free to decide the period for which he will take the loan, while the interest rate varies from one bank to another. Also, one can choose to pay a higher or lower down payment, which will increase or decrease their Easy Monthly Installment (EMI) respectively.

Here is the complete EMI calculation

Hyundai currently sells the Tucson in India at a starting price of Rs 27.7 lakh for the entry-level Platinum Petrol AT variant, which goes up to Rs 34.54 lakh (both prices, ex-showroom) for the range-topping Signature 4WD diesel . However, the on-road (Delhi) price of the Hyundai SUV is currently between Rs 32.10 lakh and Rs 41 lakh. If you want to buy the Signature Diesel 4WD AT variant of Hyundai Tucson (ex-showroom price – Rs 34.39 Lakh), you will have to pay Rs 77,707 @ 9.8% as monthly installment for a period of 5 years. ROI, with a one-time down payment of Rs.4,08,000. In all, you pay around Rs 50.70 lakh for the said variant till the end of your loan tenure, which includes the on-road price, down payment amount, as well as the interest incurred over the above tenure.

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