Toyota Innova Hycross on Emi: Toyota Innova High Cross is well liked in the Indian market. It is a 7-seater car, whose base model GX 7STR (Petrol) is also in great demand in the market. This model of Innova High Cross is the best selling variant. Along with this, the hybrid variant of this vehicle is also in the market.
Talking about the price of Innova High Cross, it starts from 19 lakh 94 thousand rupees and this price goes up to 31 lakh 34 thousand rupees. To buy this vehicle, it is not necessary that you make full payment at once. This vehicle can also be purchased on a car loan.
How to buy Toyota Innova Crysta on EMI?
The base model of Toyota Innova High Cross is Rs 23 lakh 17 thousand in Noida. Due to separate tax on vehicles in the rest of the country, there can be a difference in the on-road price of this car. The loan taken to buy a car from the bank is charged about 9 percent interest, due to which a fixed amount has to be deposited in the bank as EMI.
To buy this Toyota car, you will get a loan of Rs 20.85 lakh. The loan amount depends on your credit score. If your credit score is better then you can get a loan of maximum amount. To buy it, you have to deposit Rs 2.32 lakh as down payment. You can reduce the loan installment by depositing more amounts than this.
Only so much EMI will have to be given every month
If you take a loan for four years to buy this Toyota car, then you will have to deposit a installment of Rs 51,900 every month in the bank at 9 % interest. If you take a loan for five years to buy this car, then every month 9 percent interest rate will have to be deposited for 60 months.
To buy this Toyota car, a loan of 37,600 will have to be filled every month on taking a loan for six years. If a loan is taken for seven years to buy Innova High Cross and the bank imposes 9 % interest on this loan, then Rs 33,550 will have to be deposited as EMI every month.
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