Hyundai Motor India Ltd (HMIL) recently introduced a mid-life facelift for the Aura sub-4m sedan in the country. The sedan not only features visual enhancements on the outside, but also gets a host of new features and safety tech including 6 airbags, VSM, ESC, Type-C charging ports and a revised 3.5-inch MID in the instrument cluster.
Planning to buy the Hyundai Aura facelift and wondering how much EMI would you have to pay? Here’s a table showing the variant-wise on-road (Delhi) price of the sedan, and the lowest monthly installment you would have to shell out for it, keeping in mind an average tenure, ROI, as well as down payment –
|E||Rs 7.10 lakh||5 years||10%||Rs 70,000||Rs 13,590|
|S||Rs 8.04 lakh||5 years||10%||Rs 80,000||Rs 15,385|
|S AMT||Rs 8.06 lakh||5 years||10%||Rs 81,000||Rs 15,400|
|SX||Rs 8.90 lakh||5 years||10%||Rs 89,000||Rs 17,014|
|SX (O)||Rs 9.62 lakh||5 years||10%||Rs 96,000||Rs 18,321|
|SX+ AMT||Rs 9.79 lakh||5 years||10%||Rs 98,000||Rs 18,623|
|S CNG||Rs 9.09 lakh||5 years||10%||Rs 91,000||Rs 17,386|
|SX CNG||Rs 9.95 lakh||5 years||10%||Rs 99,000||Rs 19,036|
To make it easier for you, we have chosen an average tenure period of 5 years as standard, along with approximately 10% down payment amount, and an estimated 10% bank interest rate. Do note that the buyer is free to decide the tenure for which he/she will be taking the loan for, whereas the interest rate varies from one bank to another. Moreover, you can also choose to pay a higher or a lower down payment, which will decrease or increase your easy monthly installment (EMI) respectively.
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Hyundai Motor India retails the 2023 Aura in India at a starting price of Rs 6.30 lakh for the entry-level E variant, going all the way up to Rs 8.73 lakh (both prices, ex-showroom) for the range-topping SX+ AMT model. However, the on-road (Delhi) price of the sedan currently ranges between Rs 7.10 lakh and Rs 9.79 lakh.
For example, let’s assume you decide on purchasing the Alpha AWD variant of the Maruti Suzuki SUV, which currently has an ex-showroom price of Rs 16.89 lakh. If you pay Rs 1.95 lakh as down payment out of the Rs 19.50 lakh on-road (Delhi) price, you would end up paying Rs 37,282 as EMI for a period of 60 months (5 years) against a total loan amount of Rs 17.55 lakh. At the end of the tenure, you would have paid Rs 22.37 lakh for the SUV over and above the down payment.
Do let us know in the comments down below if you would like to know the EMI for any other car, motorcycle or scooter of your choice.