If you are thinking of buying a powerful and reliable SUV, then Mahindra Bolero can be a great option for you. There is a tremendous demand for this car in the Indian market, especially among those who want a strong, durable and budget-friendly SUV. But do you know how much will your EMI be if you finance it and make a down payment of just Rs 2 lakh? Let’s know the complete details.
How much is the price of Mahindra Bolero
The base variant B4 (diesel) of Mahindra Bolero has an ex-showroom price of Rs 9.79 lakh in Delhi. But when it comes on-road, its price increases to Rs 11.25 lakh. In this, RTO charge comes to Rs 90,497 and insurance to Rs 55,397, which increases the total on-road price.
How much will be the EMI after a down payment of Rs 2 lakh
If you make a down payment of Rs 2 lakh to buy the base variant of Mahindra Bolero, then you will have to take a loan for the remaining amount. In such a situation, you will have to take a loan of Rs 9.25 lakh. If the bank gives you this loan for 7 years at an interest rate of 9 percent, then your monthly EMI will be around Rs 14,891. That is, every month you will have to pay an installment of about 15 thousand rupees.
How expensive will the car be overall
If you take a loan for 7 years at an interest rate of 9 percent, then you will have to pay only Rs 3.25 lakh as interest. That is, the total price of Mahindra Bolero will be Rs 14.50 lakh, which also includes a down payment of Rs 2 lakh.
What are the special features of Mahindra Bolero
The price of Mahindra Bolero ranges from Rs 9.90 lakh to Rs 10.91 lakh. It is available in three variants B4, B6 and B6 (O). Talking about the engine, it has a 1.5-liter diesel engine, which generates 76 PS of power and 210 Nm of torque. This engine is equipped with a 5-speed manual transmission.
In terms of mileage, this car gives mileage of 14 kmpl to 16 kmpl, which is considered quite good in this segment. Talking about the features, Mahindra Bolero has great features like semi-digital instrument cluster, manual AC, Bluetooth-enabled music system, power windows and power steering. The safety features in this car are also great. It has dual front airbags, ABS and reverse parking sensors, which make it more secure.