The Hyundai Creta has been one of the best-selling SUVs in India, and it has been able to attract buyers with its stylish design, feature-rich interior, and impressive performance. This article discusses the key aspects of the Hyundai Creta, including its engine options, price, and financing options.
Engine Options
The Hyundai Creta is available in both petrol and diesel variants. The petrol variants include a 1.5-liter naturally aspirated engine and a 1.5-liter turbocharged engine. The diesel variant has a 1.5-liter diesel engine. These engines come with manual and automatic transmission options, which allow the buyer to make a choice about the preferred driving experience.
Price and Financing
Of course, the on-road price will be different for different variants, in different cities. But the base model of Hyundai Creta should start around Rs 12.89 lakh in Delhi. Finance is easy when one needs to buy the Creta. Banks and other financial institutions are giving out car loans at exciting interest rates.
EMI Calculation
Let’s see an example of how an EMI might look like in order to understand the calculation. Loan Amount: Rs 11.60 lakh (This is an example; the actual loan amount may vary based on individual creditworthiness and bank policies.) Down Payment: Rs 1.26 lakh
Interest Rate: 9% per annum Based on these assumptions, the monthly EMI would be: 4-year Loan: Rs 28,900 5-year Loan: Rs 24,100 6-year Loan: Rs 21,000 7-year Loan: Rs 18,700.
Important Considerations
Credit Score: The amount of loan, the interest rate, and the loan’s affordability all depend on the credit score. A good credit score usually results in better loan terms. Loan Terms: Be cautious with the tenure of the loan. Although a longer tenure may decrease the EMI, it will increase the overall interest paid. Compare Loan Offers: Compare loan offers from numerous banks and choose the one that best suits your financial needs.
Conclusion
Hyundai Creta is a pretty good choice for anyone looking for an iconic, feature-loaded, and reliable SUV. The diverse range of engine options, competitive price, and the availability of financing options, the Creta remains a popular choice from Indian car buyers.
Disclaimer: This article contains general information only and should not be considered a financial recommendation. Please consult a financial advisor for information about your individual financial situation and available financing options.
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