Tata Nexon Alternative Compact SUV at Just Rs. 9,433/Month EMI – Magnite Base Model EMI

The 2023 Magnite Base Model is a compact SUV with a roomy cabin, powerful engine, and beautiful design. The 2020 Nissan Magnite entry-level model in India has garnered great evaluations from automotive fans and professionals. A 1.0-litre petrol engine produces 72 PS and 96 Nm in the 2023 Magnite Base Model. It has a 5-speed manual gearbox and 18.75 kmpl fuel economy. LED DRLs, halogen headlamps, dual-tone bumpers, body-coloured ORVMs, and a 3.5-inch LCD instrument cluster make the Magnite Base Model appealing.

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How much is the 2023 Magnite Base Model in Delhi? Loan options for buying this car? This article answers these questions and breaks down the 2023 Magnite Base Model in Delhi’s EMI, down payment, interest rate, ex-showroom price, and on-road price.

Magnite Base Model EMI, Down Payment, Interest Rate, Ex-showroom Price, and On-road Price

Magnite Base Model EMI
Magnite Base Model EMI

The 2023 Magnite Base Model in Delhi’s EMI, down payment, interest rate, ex-showroom price, and on-road pricing are shown below for different loan circumstances. These estimates assume a 90% loan amount, 10.5% interest rate, and 60 months. Your loan provider, credit score, and other factors may affect the results.

Loan ScenarioEMIDown PaymentInterest RateEx-showroom PriceOn Road Price
Base CaseRs. 11,605Rs. 1.67 Lakh10.5%Rs. 5.99 LakhRs. 6.84 Lakh
Higher Loan Amount (95%)Rs. 12,285Rs. 1.47 Lakh10.5%Rs. 5.99 LakhRs. 6.84 Lakh
Lower Interest Rate (8%)Rs. 10,884Rs. 1.67 Lakh8%Rs. 5.99 LakhRs. 6.84 Lakh
Longer Tenure (7 years)Rs. 9,433Rs. 1.67 Lakh10.5%Rs. 5.99 LakhRs. 6.84 Lakh

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As shown in the table, the 2023 Magnite Base Model in Delhi has an EMI of Rs. 9,433 to Rs. 12,285 depending on the loan scenario. Down payments range from Rs. 1.47 Lakh to Rs. 1.67 Lakh.

The 2023 Magnite Base Model in Delhi costs Rs. 5.99 Lakh ex-showroom, before taxes and other dealer fees. The ex-showroom price, RTO fees of Rs. 4,650, and insurance costs of Rs. 34,227 make the car’s on-road price Rs. 6.84 Lakh. The dealer may add handling, road tax, registration, and other fees to the on-road pricing.

News Summary

For a cheap small SUV with good performance, comfort, and style, the 2023 Magnite Base Model is a fantastic choice. Low maintenance and good resale value characterise the automobile. Use our EMI calculator to get the best financing for buying this car in Delhi. You can also compare the Magnite to Tata Punch, Renault Kiger, Tata Nexon, Hyundai Exter, and Maruti FRONX using our comparison tool. Nissan India’s website or your local dealer can provide further information about the 2023 Magnite Base Model. Happy motoring!

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1 thought on “Tata Nexon Alternative Compact SUV at Just Rs. 9,433/Month EMI – Magnite Base Model EMI”

  1. Pingback: Best Entry-Level Hatchback Cars of 2023 India - For Everyone - Auto With Sid

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