Are you considering buying Mahindra’s latest SUV, the XUV700? If so, you may be interested in the Mahindra XUV700 Base Model EMI, down payment, interest rate, ex-showroom price, and on-road pricing. This blog post has all the information you need to make a decision.
The Mahindra XUV700 is a luxury SUV with a large cabin, powerful engine, many features, and a distinctive style. Tata Harrier, MG Hector, Hyundai Alcazar, and Toyota Innova Crysta are its rivals. The XUV700 MX and AX series have many versions and options. The base model, the MX petrol, has a 2.0-litre turbocharged engine with 200 PS and 380 Nm. A 6-speed manual transmission and front-wheel drive are included.
The Mahindra XUV700 MX petrol ex-showroom pricing in Delhi is Rs. 14.02 lakh. The on-road pricing includes RTO, insurance, handling, and other taxes and fees. The Delhi XUV700 MX fuel costs Rs. 16.39 lakh on-road. This price may vary by dealer and vehicle availability.
If you buy the XUV700 MX fuel on loan, the down payment and monthly EMI will depend on the loan amount, interest rate, and tenure. The remaining loan amount, interest rate, and tenure determine the EMI, whereas the down payment is normally 10-20% of the ex-showroom price. Credit score, income, bank, and other factors affect interest rate and tenure.
|Loan Amount||Down Payment||EMI|
|Rs. 12.62 lakh (90% of ex-showroom price)||Rs. 4.09 lakh (on-road + processing fees + EMI – loan amount)||Rs. 27,136|
|Rs. 11.22 lakh (80% of ex-showroom price)||Rs. 5.49 lakh (on-road + processing fees + EMI – loan amount)||Rs. 24,122|
|Rs. 9.81 lakh (70% of ex-showroom price)||Rs. 6.89 lakh (on-road + processing fees + EMI – loan amount)||Rs. 21,108|
As shown in the table, greater loan amounts mean lesser down payments and higher EMIs. The online EMI calculator lets you customize the loan amount, interest rate, and term to fit your budget.
This blog post should help you understand the Mahindra XUV700 base model EMI, down payment, interest rate, ex-showroom pricing, and Delhi on-road price.