Owning a Skoda Slavia Top Model EMI Plan, Down Payment, and More – Stunning Looks

Thinking of buying the top-of-the-line Skoda Slavia? This post explores the details you need to make an informed decision, Skoda Slavia Top Model EMI, down payment, interest rates, ex-showroom prices, and on-road prices.

Skoda Slavia: Premium Sedan with Powerful Options

The Skoda Slavia boasts a spacious cabin, a powerful engine, and a sleek design. Its top model, the Style 1.5 DSG variant, comes in two engine options:

• 1.0-liter TSI petrol engine: produces 110 PS of power and 175 Nm of torque
• 1.5-liter TSI petrol engine: delivers 150 PS of power and 250 Nm of torque

You can also choose between a manual or automatic transmission, and enjoy features like LED headlights, sunroof, digital instrument cluster, and wireless charging.

Financing your Skoda Slavia

Let’s dive into the financial aspects of owning this premium sedan:

Skoda Slavia Top Model EMI:

The EMI calculator helps estimate your monthly payments based on:

• Loan amount: By default, this is 80% of the car’s on-road price, but you can adjust it.
• Interest rate: Assumed at 10.5% per annum (0.875% per month), but you can explore different options.
• Tenure period: The default is 5 years (60 months), but you can choose a different timeframe.

Down Payment:

This is the upfront amount you pay to the dealer or bank before the loan. In Delhi, for the top-model Slavia, it’s calculated as:

• On-road price: Rs. 21,11,000
• Loan amount: Rs. 16,88,800 (80% of on-road price)
• Down payment: Rs. 4,22,200 (On-road price – Loan amount)

Skoda Slavia Top Model EMI:

This is determined using the formula:

EMI = [P x R x (1+R)N]/[(1+R)N-1]

Where:

• P is the loan amount
• R is the monthly interest rate
• N is the number of monthly installments

Using the above formula and the assumed values:

• Loan amount: Rs. 16,88,800
• Interest rate: 0.875% per month
• Tenure period: 60 months
• EMI = Rs. 36,987

Interest Rates:

These vary depending on your credit score, income level, car model, and loan tenure. In Delhi, the assumed interest rate for the Slavia is 10.5% per annum, but you can negotiate better rates from different banks and dealers.

Ex-showroom vs. On-road Price:

The ex-showroom price is fixed by the manufacturer and excludes taxes and charges like GST, registration, insurance, etc. In Delhi, this price is Rs. 17,20,799 for the top-model Slavia.

The on-road price includes all taxes and charges, making it the final amount you pay to take the car home. For the Slavia in Delhi, it’s Rs. 21,11,000.

Summary

Conclusion:

This guide provides a comprehensive overview of the financial aspects of owning the top-model Skoda Slavia in Delhi. Remember, these are estimations, and you should contact banks and dealerships for personalized quotes and offers.

Happy driving!

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