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• Toyota offers the Hyryder SUV
• The base variant is priced at Rs 10.95 lakh
• The monthly EMI of this car is Rs 17188

There are many auto companies in the Indian market. Which are offering the best cars. One such company is Toyota Motors. Toyota has offered many great cars in the country. Customers also give first preference to Toyota cars while buying a car. If you are also thinking of buying a new car then Toyota Hyryder can be the best car for you. If you are planning to buy the base variant of this car then this news is for you. Let’s know how much monthly EMI you have to pay after making a down payment of 2 lakhs?

How much does Toyota Hyryder cost?

Urban Cruiser Hyryder (Urban Cruiser Hyryder) SUV from Toyota is presented as base variant E. The ex-showroom price of this car is Rs 10.95 lakh.

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If this car is bought in the capital city of Delhi, one will have to pay RTO charges of around Rs 1.10 lakh and an insurance premium of around Rs 53,000. Also Rs 13,948 will have to be paid extra as TCS charges. After all these costs, the on-road price of Toyota Hyryder comes to approximately Rs 12.68 lakh.

What will be the EMI after a down payment of 2 lakhs?

If you buy the base variant of this car, the bank will give you a loan only on the ex-showroom price. After making a down payment of 2 lakhs, you will have to borrow approximately 10.68 lakhs from the bank. 10.68 lakhs for seven years at 9% interest, you will have to pay an EMI of Rs 17188 per month for the next seven years.

How much will the car cost?

If you take a car loan of Rs 10.68 lakh for seven years at 9% interest rate from a bank, you will have to pay an EMI of Rs 17188 per month for seven years. Thus, over seven years, you will have to pay approximately Rs 3.75 lakh as interest for the Toyota Hirider. The total cost of your car, including ex-showroom, on-road and interest, will be approximately Rs 16.43 lakh.

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Who will compete with?

Toyota offers the Highrider as a sub-four-metre SUV. It competes directly with SUVs like Maruti Victoris, Kia Seltos, Hyundai Creta, Honda Elevate, Maruti Grand Vitara, Volkswagen Taigun, Skoda Kushaq, Mahindra XUV 700, Scorpio N.