How Much Salary/Income Do You Need to own New Brezza Base Model

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If you are planning to buy a Maruti Brezza base model in Delhi, you might be wondering how much salary or income you need to afford it. In this article, we will help you calculate the monthly and yearly cost of owning a Brezza base model and compare it with the average salary or income in Delhi.

In Delhi, the ex-showroom priceĀ of the Maruti Brezza base model (LXi) is Rs. 8.29 Lakh. The on-road price, including RTO, insurance, and other fees, is Rs. 9.33 Lakh. If you borrow Rs. 8 lakh for 5 years at a 10% interest rate, your monthly EMI will be Rs. 17,052. The total interest paid over the course of five years would be Rs. 2.23 lakh.

Brezza Base Model
Brezza Base Model

The table below shows the monthly and yearly cost of owning a Brezza base model in Delhi, excluding the maintenance and fuel expenses.

Cost ItemMonthly CostYearly Cost
EMIRs. 17,052Rs. 2,04,624
InsuranceRs. 3,239Rs. 38,867
RTORs. 5,395Rs. 64,739
OthersRs. 50Rs. 600
TotalRs. 25,736Rs. 3,08,830

To afford this cost comfortably, you should have a monthly salary or income of at least Rs. 77,208 or a yearly salary or income of at least Rs. 9,26,496. This is based on the rule of thumb that your car expenses should not exceed one-third of your income.

According to the Economic Survey of Delhi, the average per capita income in Delhi was Rs. 4,51,473 in 2020-21. This means that the average monthly income in Delhi was Rs. 37,623. Therefore, buying a Brezza base model in Delhi would require more than double the average income in the city.

Of course, these are only estimates and your actual cost and income may vary depending on various factors such as your loan amount, interest rate, down payment, insurance premium, maintenance cost, fuel efficiency, driving habits, tax bracket, etc. You should also consider other expenses such as rent, food, education, health care, etc., before deciding to buy a car.

We hope this article has given you some idea about the monthly and yearly salary or income to own a Brezza base model in Delhi.


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Siddharth Antre

Hey, I am Siddharth Antre, Blogger & Youtuber From Nashik. Here I share all Auto News on Daily Basis. Writing Blogs since 2014.

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