Maruti Suzuki Baleno: You can acquire the Maruti Suzuki Baleno, one of the top-selling cars in India, through convenient installment plans. The popular Delta variant can be purchased with a down payment of just Rs 1 lakh, while the remaining balance can be financed through a loan, resulting in an EMI of under Rs 16,000.
EMI of under Rs 16,000
The Maruti Suzuki Baleno is offered in the Indian market in 9 variants across 4 trims: Sigma, Delta, Zeta, and Alpha, with ex-showroom prices ranging from Rs 6.66 lakh to Rs 9.83 lakh. It is available in both petrol and CNG versions, boasting mileage figures between 22.94 kmpl and 30.61 km/kg. In terms of features, the Baleno is equipped with a range of modern amenities, including a 9-inch touchscreen infotainment system, reverse camera, cruise control, push start/stop button, and keyless entry.
Avarage price of variants
The best-selling variant, the Baleno Delta Petrol Manual, has an ex-showroom price of Rs 7.50 lakh, while the ex-showroom price for the CNG variant is Rs 8.44 lakh. If you opt for financing this model with a down payment of Rs 1 lakh, you would need to secure a loan of Rs 7.44 lakh.
EMI plan at this rate
Assuming a 5-year car loan at an interest rate of 10 percent, your monthly EMI would be approximately Rs 15,800, leading to an estimated total interest payment of around Rs 2.05 lakh over the loan term.
Decline in sells
In December 2024, only 9,112 units of the Baleno were sold, indicating a significant decline in both yearly and monthly sales. This vehicle is well-regarded for its design, features, and fuel efficiency. If you are considering purchasing this premium hatchback, attractive financing options are available. The Delta Petrol Manual variant of the Baleno is currently experiencing strong sales.