The Maruti Wagon R has been a popular choice for city commuters in India, known for its practicality and affordability. In this blog post, we’ll explore the financial aspects of owning a Wagon R base model through an EMI plan for 5 years.
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Engine & Mileage
The Wagon R comes with a choice of two petrol engines – a 998 cc and a 1197 cc. The mileage is impressive, ranging from 23.56 kmpl to 34.05 km/kg, depending on the variant and fuel type.
Ex-showroom & On Road Price (As of March 2024)
As of March 2024, the ex-showroom price of the Wagon R base model starts at ₹5.54 Lakh. The on-road price, which includes RTO and insurance costs, starts at approximately ₹6.36 Lakh.
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Min Downpayment
The minimum downpayment typically ranges between 20-30% of the on-road price. For the Wagon R, this would translate to an amount starting from around ₹1.27 Lakh.
EMI Plan For 5 Years
For a loan amount of ₹5.72 Lakh at an interest rate of 9.8%, the EMI for the Wagon R base model would start at ₹12,098 per month for a tenure of 60 months.
Conclusion
The Maruti Wagon R remains an economical and sensible choice for those looking for a reliable hatchback. With manageable down payments and reasonable EMIs, it continues to be an accessible option for many car buyers in India.
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