New Hyundai Exter Finance Details: If you are planning to buy the new Hyundai Exter, this article is going to be extremely useful for you. Today, we will share the finance details of the new Exter with you. Let’s find out what your monthly installment would be if you make a down payment of ₹1 lakh.
Hyundai has launched the facelifted version of its micro-SUV, the Exter, in India. This new model is more modern and features several new updates. The ex-showroom price of the new Exter ranges from ₹5.79 lakh to ₹9.41 lakh. The best part is that you can take this new car home by making a down payment of just ₹1 lakh and pay the remaining amount in installments. You will need to pay these installments on a monthly basis. Today, we are going to share the finance details of this car with you. So, let’s take a look at the financing specifics of this vehicle.
As mentioned above, its ex-showroom price starts at ₹5.79 lakh and goes up to ₹9.41 lakh for the top-end model. However, this represents only the ex-showroom price; the actual cost of the car increases at the time of purchase. If you opt for the HX2 model—which has a starting price of ₹579,900 and comes equipped with a petrol engine and manual transmission—you will need to add an additional ₹34,794 for RTO charges and ₹34,096 for insurance. After factoring in all these expenses, the on-road price of the car comes to ₹648,790.
Monthly Installment
After purchasing this car with a down payment of ₹1 lakh, you will need to secure a bank loan for the remaining balance of ₹548,790. If you take out a loan from a bank for a tenure of five years at an interest rate of 10%, your monthly installment will amount to ₹11,660. Thus, over a period of five years, you will pay a total of ₹150,820 in interest. Consequently, the total cost of your car will amount to ₹799,610. If you increase the down payment amount, your monthly installments will decrease, and you will also end up paying less interest. Furthermore, you can customize the loan tenure to suit your specific needs, which will directly impact the amount of your monthly installments.
Learn more about the car’s features.
So, that covers the details regarding the car’s financing; now, let’s explore its features. It is equipped with a 1197 cc, four-cylinder engine that generates 82 bhp of power and 113.8 Nm of torque. Hyundai claims that this is the only car in its segment to feature a four-cylinder engine. It is available in both manual and AMT (Automatic) transmission options.
It comes with a built-in dashcam—a feature seen for the very first time in this segment. Additionally, it boasts features such as an electric sunroof, a digital instrument cluster, and a rear-mounted Type-C USB port. Most notably, the car is equipped with over 45 safety features, 30 of which are provided as standard across all variants.
