Hyundai Exter: Affordable Ownership at Just Rs. 2.42 Lakh Downpayment!

Hyundai Exter: A Game-Changer in the Micro SUV Arena

India welcomed the Hyundai Exter with open arms in July 2023, marking a remarkable entry into the micro SUV segment. Sharing its platform with the acclaimed Hyundai Grand i10 and Aura sedan, the Exter carves its own niche with distinctive exterior styling and exclusive features. This pint-sized powerhouse competes fiercely with rivals like the Tata Punch, Maruti Ignis, Nissan Magnite, Renault Kiger, Citroen C3, and Maruti Fronx in its segment.

Exter’s Top Model: Ex-showroom Price vs. On-road Price

The crème de la crème of the Hyundai Exter lineup, the SX Opt Connect DT AMT, derives its power from a punchy 1.2-liter naturally aspirated petrol engine. It boasts an impressive array of features, including an 8-inch touchscreen infotainment system, a futuristic digitized driver’s display, cruise control, wireless charging, and automatic air conditioning. While the ex-showroom price for this top-tier variant stands at Rs. 10.10 lakh, the on-road price may vary depending on factors like location, registration fees, road tax, and insurance charges.

Financial Insights: Navigating EMI, Downpayment, Interest Rates, Loan Amount, and Tenure

For those eyeing the Hyundai Exter SX Opt Connect DT AMT and exploring car loan options, a comprehensive understanding of monthly EMI, downpayment, interest rates, loan amounts, and tenure is paramount. Leveraging a car loan EMI calculator can provide invaluable clarity. Consider a scenario with a loan amount of Rs. 9 lakh, an annual interest rate of 10%, and a loan tenure spanning 5 years. This translates to a manageable monthly EMI of Rs. 19,149, accompanied by an initial downpayment of Rs. 2.42 lakh. The total interest payable over the loan’s duration amounts to Rs. 1.45 lakh.

Latest Developments in the Exter Universe

In recent headlines, an avid KBC 2023 contestant clinched a Hyundai Exter after securing a remarkable Rs. 1 crore. Hyundai also introduced a striking Knight Edition of the Exter, featuring sleek blacked-out elements and enticing dual-tone color choices. Adding to the excitement, an Adventure Edition emerged on the scene, adorned with roof rails, stylish side cladding, and eye-catching decals. Astonishingly, Hyundai clocked over 50,000 bookings for the Exter within a mere two months of its grand debut.

Quick Facts:

  • The ex-showroom price of the top-tier Hyundai Exter model, SX Opt Connect DT AMT, is Rs. 10.10 lakh, while its on-road price in Delhi stands at Rs. 11.42 lakh.
  • Opting for a loan amount of Rs. 9 lakh, with a 10% annual interest rate and a 5-year loan tenure, results in a manageable monthly EMI of Rs. 19,149, with an initial downpayment requirement of Rs. 2.42 lakh.
  • Hyundai delighted enthusiasts with the launch of the special Knight Edition and Adventure Edition for the Exter.
  • Impressively, the Hyundai Exter garnered a staggering 50,000+ bookings within a mere two months of its market debut.
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