The Skoda Kushaq is available for sale as a mid-size SUV manufactured by Skoda. If you are planning to buy the Monte Carlo Edition of this SUV, how much EMI will you be paying after making a down payment of ₹2 lakhs? We are giving you the information in this news article.
The Kushaq SUV is available for sale as a mid-size SUV by Skoda in India. The ex-showroom price of the Monte Carlo Edition of the SUV is ₹17.89 lakhs. When you buy this SUV in Delhi, you will be paying approximately ₹1.84 lakhs as RTO charges and approximately ₹71,000 as insurance. In addition to this, you will have to pay a TCS fee of approximately ₹18,000. Thus, the on-road price of the Skoda Kushaq becomes approximately ₹20.61 lakhs.
When you buy the Monte Carlo Edition, the bank finances the amount of the ex-showroom price of the vehicle. You will be paying the down payment of ₹2 lakhs to the bank. Thus, you will be financing approximately ₹18.61 lakhs from the bank. If the bank lends you ₹18.61 lakhs for a period of seven years at the rate of 9%, then you will be paying ₹30,248 as your monthly EMI.
If you take a car loan of Rs 18.61 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 30248 every month for seven years. In such a situation, in seven years you will pay around Rs 6.79 lakh as interest for the Monte Carlo edition of Skoda Kushaq. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 27.40 lakh.
