Honda Elevate is a new compact SUV that has been launched in India with a starting price of Rs 11 lakh (ex-showroom).
The base model of the Elevate is the SV variant, which comes with a 1.5-litre petrol engine that produces 121PS of power and 145Nm of torque.
The SV variant is available with a 6-speed manual transmission or a CVT automatic, which offer a claimed mileage of 15.31kmpl and 16.92kmpl respectively.
The on-road price of the Honda Elevate SV variant depends on the city and state of registration, but it is estimated to be around Rs 12.94 lakh for the manual version and Rs 15.52 lakh for the CVT version.
The loan amount for the Honda Elevate SV variant can be up to 85% of the on-road price, which means it can be around Rs 11 lakh for the manual version and Rs 13 lakh for the CVT version .
The down payment for the Honda Elevate SV variant can be as low as 15% of the on-road price, which means it can be around Rs 2 lakh for the manual version and Rs 3.1 lakh for the CVT version.