New Delhi: In the Indian market, compact SUVs have gained immense popularity, and one of the biggest competitors in this segment is the Nissan Magnite, which directly rivals the Tata Punch. The base variant of the Nissan Magnite is priced at ₹6.14 lakh (ex-showroom).
If you are planning to buy this SUV but don’t want to make a full payment at once, you can opt for a car loan. Let’s check how much down payment and EMI you need to pay to bring home the Nissan Magnite.
Nissan Magnite Down Payment and EMI Details
In Delhi, the on-road price of the base variant Nissan Magnite Visia (petrol manual) is around ₹7 lakh.If you make a ₹1 lakh down payment, you will need a car loan of ₹6.06 lakh.For a 5-year loan at a 9% interest rate, the monthly EMI will be approximately ₹13,000.If you opt for a 7-year loan tenure, your EMI will reduce to around ₹10,000 per month.
Nissan Magnite Features and Engine Options
Nissan recently introduced the Magnite facelift, bringing a modern and dynamic design with R16 diamond-cut alloy wheels and a fresh Sunrise Copper Orange color. The SUV is available in 13 colors, including 8 monotone and 5 dual-tone options.
Engine and Mileage
The Nissan Magnite is powered by a 1.0-liter turbocharged petrol engine. As per the company’s claims: Manual transmission variant delivers a mileage of 20 kmpl. CVT automatic variant offers a fuel efficiency of 17.4 kmpl.
Advanced Features for a Comfortable Ride
One of the standout features of the Nissan Magnite is its cluster ionizer, which helps in purifying the cabin air by eliminating harmful bacteria. This enhances the air quality inside the vehicle, making every ride fresh and hygienic.
Is Nissan Magnite Worth Buying on EMI?
If you are looking for an affordable yet feature-loaded compact SUV, the Nissan Magnite is a strong contender. With flexible EMI options, buyers can own this SUV without financial burden.