New Delhi. The Alto K10 is the cheapest car in the country. People with small families in the countryside buy it extensively. Due to the lower maintenance and better mileage, it is quite economical to operate. The ex-showroom price starts at Rs 3.99 lakh. While the on-road price of its top model VXI S-CNG is Rs 6.49 lakh.
If you are planning to buy the top model Alto K10 on loan, we will tell you how much EMI you will have to pay if you take a loan for this car.
EMI will pay this amount for a car loan of Rs 5 lakh
If you make a down payment of Rs 100,000 for Maruti Alto K10 VXI S-CNG, you will need to take a loan of Rs 5,490,000. Suppose you took a loan for this amount for 4 years, for which the bank’s interest rate (average interest rate) is 9.50%. At this rate, the EMI per month for 4 years is Rs 13,783. The total cost of the car will be Rs 6,61,584 after four years. At the same time, you will pay Rs 1.12 lakh as EMI during this period.
Maruti Alto K10 is economical to operate
The Alto K10 car is based on the updated Heartect platform. This hatchback features a new generation 1.0L twin jet twin VVT K series engine. This engine produces a power of 49 kW (66.62 hp) at 5,500 rpm and a maximum torque of 89 Nm at 3,500 rpm. The company claims that the automatic variant achieves a mileage of 24.90 km/l and the manual variant achieves a mileage of 24.39 km/l. The mileage of the CNG variant, on the other hand, is 33.85 km/h.
Alto K10 features a 7-inch floating touchscreen infotainment system. The company has already provided this infotainment system in S-Presso, Celerio and Wagon-R. In addition to Apple Car Play and Android Auto, this infotainment system also supports USB, Bluetooth and Aux cable. The steering wheel also received a new design. The control of the infotainment system is mounted directly on the steering.
Tags: car news, Car loan
FIRST PUBLISHED: October 22, 2024, 6:39 PM IST