In the realm of stylish and spacious SUVs, the Hyundai Creta has carved a niche for itself. Renowned for its performance and feature-packed offerings, the Creta stands as a fierce competitor in the Indian automobile market. In this article, we unravel the pricing, monthly installment details, down payment requirements, and interest rates for the all-new Creta base model “E” in the vibrant city of Delhi.
Creta Base Model “E” – A Powerhouse of Choice:
The all-new Creta base model, affectionately known as the “E” variant, caters to diverse preferences with both petrol and diesel variants. The petrol variant boasts a robust 1.5-liter engine, churning out an impressive 115 PS of power and a torque of 144 Nm. On the other hand, the diesel counterpart is no slouch, featuring a 1.5-liter engine that delivers 115 PS of power and a muscular 250 Nm of torque. Both variants are coupled with a reliable 6-speed manual transmission.
Delhi’s Price Points:
For prospective buyers in the bustling streets of Delhi, the Creta base model “E” beckons with enticing price tags. The ex-showroom price for the petrol version stands at Rs. 10.87 lakh, while its on-road counterpart comes in at Rs. 12.39 lakh. Meanwhile, the diesel variant commands an ex-showroom price of Rs. 11.91 lakh, translating to an on-road price of Rs. 13.88 lakh.
Unlocking the Financing Puzzle:
For those planning to embark on their Creta journey with the aid of a loan, understanding the down payment and monthly EMI is paramount. These figures are influenced by factors such as the loan amount, interest rate, and tenure. Here, we base our calculations on an average interest rate of 9.8%. Below, you’ll find a breakdown of the down payment and monthly EMI for the Creta base model “E” in both petrol and diesel variants in Delhi. These calculations assume a loan amount equating to 90% of the on-road price and a 60-month tenure.
For the Petrol Variant “E”:
- On-road Price: Rs. 12.39 lakh
- Loan Amount: Rs. 11.15 lakh
- Down Payment: Rs. 1.24 lakh
- Monthly EMI: Rs. 23,538
For the Diesel Variant “E”:
- On-road Price: Rs. 13.88 lakh
- Loan Amount: Rs. 12.49 lakh
- Down Payment: Rs. 1.39 lakh
- Monthly EMI: Rs. 26,372
While these monthly EMI figures make the Creta base model “E” an enticing prospect, it is crucial to account for additional expenses such as insurance, maintenance, fuel, and taxes when charting your path to owning this splendid SUV.
