The Mahindra XUV700 is one of the most Popular SUVs in India. It offers a range of features and variants to suit different needs and budgets. If you are planning to buy the new XUV700 base model in Upcoming day’s, you might be wondering about the EMI, downpayment, monthly EMI, interest rate, ex-showroom price, and on-road price of the car. We will provide you all the facts you require to make an informed decision in this post.
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New XUV700 Base Model MX Engine and Features
The base model of the XUV700 is the MX variant, which comes with a 2.0-litre petrol or a 2.2-litre diesel engine. The petrol engine produces 197 bhp and 380 Nm of torque, while the diesel engine produces 153 bhp and 360 Nm of torque. Both engines are mated to a 6-speed manual transmission.
The MX variant also offers features like LED headlamps, LED DRLs, LED tail lamps, 17-inch steel wheels, dual airbags, ABS with EBD, hill hold assist, rear parking sensors, electrically adjustable ORVMs, power windows, central locking, tilt and telescopic steering wheel, 7-inch digital instrument cluster, 8-inch touchscreen infotainment system with Android Auto and Apple CarPlay, four speakers, steering mounted controls, manual AC with rear AC vents, and a smart door handle.
New XUV700 Base Model MX Price in India
The ex-showroom price of the XUV700 MX petrol variant in Delhi is Rs. 14.01 lakh, while the ex-showroom price of the XUV700 MX diesel variant in Delhi is Rs. 14.44 lakh. The on-road price of the XUV700 MX petrol variant in Delhi is Rs. 16.38 lakh, while the on-road price of the XUV700 MX diesel variant in Delhi is Rs. 17.33 lakh. The RTO charges, insurance charges, and other fees are included in the on-road price.
XUV700 Base Model MX EMI, Downpayment and Interest Rate
If you want to buy the XUV700 MX variant on EMI, you will need to pay a certain amount as downpayment and then pay the remaining amount in monthly installments with interest. The downpayment amount depends on your loan eligibility and the loan-to-value ratio offered by the lender. The interest rate depends on your credit score and the lender’s policy. The table below shows an example of the EMI calculation for the XUV700 MX variant based on some assumptions:
|Variant||Ex-showroom Price||On-road Price||Downpayment (20%)||Loan Amount||Interest Rate (10%)||Tenure (60 months)||Monthly EMI|
|Petrol||Rs. 14.01 lakh||Rs. 16.38 lakh||Rs. 3.28 lakh||Rs. 13.10 lakh||10%||60 months||Rs. 27,895|
|Diesel||Rs. 14.44 lakh||Rs. 17.33 lakh||Rs. 3.47 lakh||Rs. 13.86 lakh||10%||60 months||Rs. 29,520|
Note: The above table is for illustrative purposes only and does not reflect the actual EMI amount or interest rate offered by any lender.
The Mahindra XUV700 is a great choice for anyone looking for a spacious, powerful, and feature-rich SUV at an affordable price. The base model offers a lot of value for money and can be bought on easy EMIs with a reasonable downpayment and interest rate. However, before you finalize your purchase, you should compare the offers from different lenders and dealers and choose the one that suits your budget and requirements.
Please Note: On Road Price for any Vehicles Vary from city to city (Different). For More Details Please Visit Your Nearby Showrooms.
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