Are you Considering buying the 2023 Mahindra XUV700 Top Model? If so, you may be interested in this wonderful SUV’s EMI, down payment, interest rate, ex-showroom price, and on-road pricing. This blog post has all the information About the 2023 Mahindra XUV700 Top Model EMI Plan that you need to make a decision.
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Engine & Features
The 2023 Mahindra XUV700 is a luxury SUV with a roomy cabin, powerful engine, modern technology, and a striking look. Petrol or diesel engines, manual or automatic gearboxes, 5 or 7 seats, and luxury pack are available. The top Model of the XUV700 variant, the AX7 Diesel AT Luxury Pack AWD, has a 2.2-litre turbocharged diesel engine with 185 PS and 420 Nm. It also sports an 8-speed automatic transmission, all-wheel drive, a panoramic sunroof, a 10.25-inch touchscreen infotainment system, a 12-speaker Sony sound system, a 360-degree camera, a blind spot monitor, and more.
2023 Mahindra XUV700 Top Model Price in India
The top model of the XUV700 variant in Delhi costs Rs 26.57 lakh ex-showroom. This is not the final price of this SUV. You must also consider city RTO fees, insurance costs, and road taxes. These extra fees differ per variation and dealer. We estimated the XUV700 top model’s Delhi on-road price at Rs 31.59 lakh. This includes Rs. 1.33 lakh for RTO, Rs. 1.06 lakh for insurance, and Rs. 2.63 lakh for road tax.
After learning the Delhi XUV700 top model’s on-road price, you may be asking how to finance it. Bank loans are a frequent option to acquire an automobile. Taking out a loan requires paying interest and EMIs. EMI depends on loan amount, interest rate, and tenure.
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XUV700 Top Model EMI Plan
To assist you in understanding how these factors affect your EMI, we developed a table with XUV700 top model EMI calculations for several loan circumstances in Delhi. We assume you borrow 90% of the ex-showroom price (Rs. 23.91 lakh) at 10.5% for 5 years. You must pay 10% of the ex-showroom pricing plus extra fees.
|Loan Amount||Interest Rate||Tenure||Down Payment||EMI|
|Rs. 23.91 lakh||10.5%||5 years||Rs. 8.25 lakh||Rs. 51,402|
|Rs. 23.91 lakh||9%||5 years||Rs. 8.25 lakh||Rs. 49,717|
|Rs. 23.91 lakh||10.5%||4 years||Rs. 8.25 lakh||Rs. 60,646|
|Rs. 23.91 lakh||9%||4 years||Rs. 8.25 lakh||Rs. 58,857|
|Rs. 21.52 lakh||10.5%||5 years||Rs. 10 lakh||Rs. 46,147|
|Rs. 21.52 lakh||9%||5 years||Rs. 10 lakh||Rs. 44,614|
The table shows that EMIs depend on loan amount, interest rate, and term. Online EMI calculators may calculate your EMI for various loan conditions. Before applying for a loan, research offers from several lenders and choose one that fits your budget and needs.
This blog post should have helped you understand the 2023 Mahindra XUV700 top model EMI, down payment, interest rate, ex-showroom price, and Delhi on-road pricing. Visit your nearest Mahindra dealer or book a test drive online to acquire this SUV. Car aficionados seeking a luxurious, powerful, and feature-packed SUV might consider the 2023 Mahindra XUV700.