In the Indian market, Nissan makes Magnite Facelift available for sale in the SUV segment. The company offers Visia AMT as its AMT base variant. If you are also planning to buy the AMT variant of this SUV and want to bring the car home after making a down payment of just one lakh rupees. We are giving you information about this in this news.
What is the price of the Nissan Magnite Facelift AMT base variant
Nissan has offered the Visia AMT variant of Magnite Facelift in the Indian market at an ex-showroom price of Rs 6.76 lakh. If this vehicle is bought in Delhi, then road tax of about Rs 55 thousand and insurance of about Rs 35 thousand will have to be paid. After which Nissan Magnite Visia AMT on road price becomes around Rs 7.66 lakh.
EMI of Rs 10718 after one lakh down payment
If you buy the AMT variant Visia AMT of this car, then the bank will finance it at the ex-showroom price. In such a situation, after making a down payment of Rs 1 lakh, you will have to get about Rs 6.66 lakh financed from the bank. If you are given Rs 6.66 lakh for seven years with nine percent interest from the bank, then you will have to pay an EMI of Rs 10718 every month for the next seven years.
Nissan Magnite Visia AMT will cost Rs 2.34 lakh
If you take a car loan of Rs 6.66 lakh from the bank for seven years with an interest rate of nine percent, then you will have to pay an EMI of Rs 10718 every month for seven years. In such a situation, in seven years you will pay about Rs 2.34 lakh as interest for Nissan Magnite Visia AMT. After which the total price of your car including ex-showroom, on-road, and interest will be around Rs 11 lakh.
Nissan Magnite Facelift competes with these
In the Indian market, the Nissan Magnite Facelift is offered in the Compact SUV segment. In this segment, it competes directly with the Maruti Brezza, Hyundai Venue, Kia Sonet, Mahindra XUV 3XO, and Tata Nexon. Soon many more SUVs will be introduced in this segment, in which Syros from Kia will also compete with it.