New Delhi: Tata Motors makes Tigor available for sale in the Compact Sedan Car Segment. If you are also planning to bring home the base variant XE of this SUV, then after making a down payment of Rs 2 lakh, how much EMI can you pay every month to bring it home (Tata Tigor finance options). We are telling you in this news.
Tata Tigor XE Price
Tata Motors offers XE as the base variant of Tigor. The company is making the base variant of this Compact Sedan Car available for sale at an ex-showroom price of Rs 6 lakh. If it is bought in Delhi, then along with the ex-showroom price of Rs 6 lakh, registration tax and RTO charges will also have to be paid on it. To buy the car, Rs 23996 will have to be paid for RTO and Rs 34832 for insurance. After this, the on-road price of the SUV in Delhi becomes Rs 658728.
How much EMI after down payment of Rs 2 lakh
If you buy the base variant XE of this car, then the bank will finance it at the ex-showroom price only. In such a situation, after making a down payment of two lakh rupees (Tata Tigor down payment), you will have to get an amount of about Rs 458728 financed from the bank. If the bank gives you Rs 458728 for seven years with nine percent interest, then you will have to pay an EMI of only Rs 7381 every month for the next seven years.
How much will the car cost
If you take a car loan of Rs 458728 from the bank for seven years with an interest rate of nine percent, then you will have to pay an EMI of Rs 7381 every month for seven years (Tata Tigor EMI details). In such a situation, in seven years you will pay around Rs 1.61 lakh as interest for the XE variant of Tata Tigor. After which the total price of your car including ex-showroom, on road and interest will be around Rs 8.19 lakh.
Who is competing with
Tata Motors brings Tigor in the compact sedan car segment. In this segment, it competes directly with compact cars like Hyundai Aura, Maruti Dzire, Honda Amaze.
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