Maruti Suzuki has launched its first car running on 100 percent ethanol, Wagon R Flex Fuel. It will be sold with a sole 1.2 liter NA petrol engine and some significant changes have been made to its powertrain. The company has kept its starting ex-showroom price at ₹ 7,23,900.
If you are planning to buy Maruti Wagon R Flex Fuel in the coming days, then you have reached the right address. In this article, we have brought for you the On Road Price and EMI details of this popular hatchback. Apart from this, we will also know about the interior, features, safety, engine and mileage of Maruti Suzuki Flex Fuel.
Maruti Wagon R Flex Fuel On Road Price
As told to you that the ex-showroom price of Maruti Wagon R starts from Rs 7,23,900. If you want to buy it in the capital Delhi, then you will have to pay RTO fee of Rs 50,673 on the base variant of Wagon R Flex Fuel. Apart from this, you may have to pay an insurance amount of Rs 38,649. In this way the on road price of Tata Sierra becomes Rs 8,13,222.
Maruti Suzuki Wagon R Flex Down Payment & EMI Details
If you give a down payment of Rs 1 lakh while purchasing the brand new Maruti WagonR facelift, then you will have to apply for a car loan on the remaining Rs 7,13,222. If your monthly income is good and your credit score is in good condition, then you will easily get this loan at an interest rate of 10 percent.
Let us assume that you will get this car loan for 5 years. In this way, at 10 percent interest rate, you can repay your car loan by paying a total of 60 EMIs of Rs 15,154. In this way you will pay a total of Rs 9,09,232 in installments. If Rs 1 lakh down payment is added, its price will be Rs 10,09,232 (after interest and EMI).
Our advice: The on-road price and EMI calculation of Maruti Suzuki Flex Fuel mentioned above is only an approximate example. Actual price may vary depending on your city, dealership, variant selected, insurance plan and bank interest rate.
If your monthly income is between ₹40,000 to ₹50,000 and you do not have any major existing loan, you can consider buying the new Sierra through a car loan. To get a better finance deal, compare the interest rates of different banks and also negotiate the price and offers with the dealership.