The demand for cars with good mileage and affordable prices has been increasing in the Indian market. People are looking for budget-friendly options that offer great features. One such car is the Maruti Alto K10, which has recently been updated with interesting features by the company.
If you have a limited budget and dream of owning a car, the Maruti Alto K10 is a great choice. With its impressive engine, features, and excellent mileage, it provides value for money. The good news is that you can easily finance this car by opting for a convenient finance plan. With a low down payment, you can become the proud owner of the Maruti Alto K10.
The base model of the Maruti Alto K10 is priced at INR 3,99,000 (ex-showroom) and the on-road price reaches up to INR 4,44,680. If this car fits your budget, you can easily make it yours.
For those who cannot afford a budget of INR 4.4 lakhs, there is a finance plan available. By making a down payment of INR 48,000, you can bring this car home. According to an online finance plan calculator, if you have INR 48,000, the bank can provide you a loan of INR 3,96,680. The loan will have an annual interest rate of 9.8%. If you are comfortable with this interest rate, you can go ahead and purchase the Maruti Alto K10.
To get the loan approved by the bank, you will need to make the down payment of INR 48,000. After that, for the next five years, you will have to pay a monthly EMI of INR 8,389. It is important to have a thorough knowledge of the engine specifications, features, and mileage details of this car to avoid any future complications.
By considering all the details mentioned in this article, you can make an informed decision about purchasing the Maruti Alto K10.
Summery:
– There is a growing demand for budget-friendly cars with good mileage in the Indian market.
– Maruti Suzuki and Renault are among the brands offering great cars in a low budget.
– The Maruti Alto K10 is a hatchback model with attractive features and good mileage.
– The starting showroom price for the Alto K10 is 3,99,000 rupees, and the on-road price reaches up to 4,44,680 rupees.
– Financing options are available for those who cannot afford the full price, with a down payment of 48,000 rupees.
– Banks can provide a loan of 3,96,680 rupees at an interest rate of 9.8% per year for those who can afford the interest.
– Monthly EMIs of 8,389 rupees have to be paid for the next five years.
– It is important to research and understand the engine, features, and mileage details of the car before making a purchase. All the details of the car are provided in the article.
