Mahindra Scorpio N ranks among the top-selling SUVs in the domestic market. Its striking design and availability of both diesel and petrol powertrains contribute to its popularity across rural and urban areas. For those considering the purchase of a Scorpio N in the near future, the following information may be beneficial.
The starting ex-showroom price of this SUV in the domestic market is Rs 13.99 lakh. In Delhi, the on-road price for the base Z2 (Petrol) model is approximately Rs 16.29 lakh, which includes an RTO charge of Rs 1.45 lakh and an insurance cost of Rs 70,000.
EMI calculation
If you opt to make a down payment of Rs 3 lakh and finance the remaining Rs 13.29 lakh through a car loan, assuming a favorable credit score allows you to secure a loan at an interest rate of 9 percent, your monthly EMI would be Rs 27,582 for a 5-year term. Alternatively, if you choose a 7-year loan, the EMI would decrease to around Rs 21,000. Over a 5-year period, the total amount payable for the Mahindra Scorpio N would be approximately Rs 18 lakh, leading to a total expenditure of Rs 21 lakh when including the down payment.
Monthly EMI will be in the range of Rs 25,000 to Rs 30,000
Upon financing the Mahindra Scorpio N, the monthly EMI will be in the range of Rs 25,000 to Rs 30,000. When factoring in fuel and maintenance costs, the total monthly expenditure may reach around Rs 35,000. For individuals with a monthly salary of Rs 70,000 to Rs 80,000, purchasing this SUV would be quite feasible.
It is important to note that the on-road price of the Mahindra Scorpio N can differ based on the city and dealership. Additionally, the interest rate applicable to a car loan is contingent upon your personal credit score. For further details, customers are encouraged to reach out to their nearest Mahindra showroom.