Mahindra Thar Roxx EMI Plan: Mahindra Thar is among the most sought-after SUVs in the Indian automotive market. In 2024, the introduction of the 5-door variant has garnered significant attention and appreciation from consumers.
Avarage price range
This SUV is offered in both petrol and diesel options, with the Mahindra Thar Roxx priced between Rs 12.99 lakh and Rs 23.09 lakh. Prospective buyers need not pay the full amount upfront, as financing options are available through car loans.
Base model of the Mahindra Thar Roxx
The entry-level model of the Mahindra Thar Roxx is the MX1 RWD (petrol), which is priced at Rs 12.99 lakh in Delhi. To acquire this variant, a loan of approximately Rs 11.69 lakh would be necessary, contingent upon the buyer’s credit score. A higher credit score may facilitate access to a larger loan amount for the vehicle purchase.
Down payment of around Rs 1.30 lakh
For the Mahindra Thar Roxx, a down payment of around Rs 1.30 lakh is required. Opting for a higher down payment can result in reduced monthly installments.
Monthly EMI would be approximately Rs 29,000
Should a buyer choose to finance the vehicle over four years at an interest rate of 9 percent, the estimated monthly EMI would be approximately Rs 29,000. If the loan term is extended to five years, the monthly EMI would decrease to around Rs 24,300. For a six-year loan, the monthly payment would be approximately Rs 21,100, while a seven-year loan would result in an EMI of about Rs 18,800.
It is essential for potential buyers to thoroughly understand the bank’s policies before securing a car loan for the Mahindra Thar Roxx, as variations in figures may occur based on different banking institutions.