Toyota Fortuner is one of the most popular 7-seater SUVs in India. This car is known for its stunning looks, great performance and premium features. The price of this car is quite high. If you want to buy this car but do not want to make the full payment at once, then you can easily buy it on EMI.

The cheapest model of Toyota Fortuner and its price

Talking about the cheapest model of Toyota Fortuner and its price, the base model of Toyota Fortuner is 4×2 which is a petrol variant. Its ex-showroom price is Rs 33.78 lakh and on-road price is Rs 39.05 lakh. In this car, you get a 2.7 liter petrol engine which comes with manual transmission.

Toyota Fortuner on EMI

If you want to buy the base model of Toyota Fortuner on EMI, then for this you will have to take a loan of about Rs 35.14 lakh. The loan amount and interest rate are decided by the bank based on your credit score. Usually, banks charge an interest rate of 9% on this. You can buy this car for a period of 4, 5, 6 and 7 years. If you finance this car for 4 years, then you will have to pay an EMI of ₹ 87,500 every month at the rate of 9% interest. If you finance this car for 5 years, then you will have to pay an EMI of ₹ 73,000 every month at the rate of 9% interest. If you finance this car for 6 years, then you will have to pay an EMI of ₹ 63,400 every month at the rate of 9% interest and if you finance this car for 7 years, then you will have to pay an EMI of ₹ 56,600 every month at the rate of 9% interest. If you want to reduce the EMI, then you can reduce the loan amount by making a higher down payment. For this model, a minimum down payment of Rs 3.91 lakh will have to be made.

Things to consider while choosing a Toyota Fortuner EMI plan

1. Credit score – If your credit score is good then you can get a loan at a lower interest rate.

2. Down payment – ​​Making a higher down payment will reduce the loan amount and reduce your EMI.

3. Compare interest rates – Different banks have different loan policies, so take a loan only after comparing interest rates.

4. Loan tenure – The longer the loan tenure, the lower will be the EMI, but the interest amount may be higher.

5. Hidden charges – Before taking a loan, definitely ask about processing fees and other charges.