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• The on-road price of the base variant of the Honda Amaze is around Rs 8.45 lakh.
• After a down payment of Rs 2 lakh, a loan of around Rs 6.45 lakh has to be taken.
• EMI of approximately Rs 10,368 per month at 9% interest rate for 7 years.

Honda Amaze: Automaker Honda is set to launch the new generation Amaze in the compact sedan car segment. If you are also planning to buy the base variant of the new generation Honda Amaze, this news is important for you. Are you thinking of taking this car home with a down payment of Rs 2 lakh”color: #3366ff;”> Mahindra Bolero now costs more! The company announced the new price, the decision was taken due to this reason

Honda Amaze Price

Automaker Honda offers the new Honda Amaze in the compact sedan car segment. The new version of this car is priced at Rs 7.51 lakh ex-showroom. If you buy this car in Delhi, you will have to spend around Rs 53 thousand for RTO and around Rs 40 thousand for insurance. After all these calculations, the on road price of Honda Amaze will be around Rs 8.45 lakh.

How much will be the EMI after 2 lakh down payment?

If you plan to buy the base variant of this car, the bank will give you a loan on the ex-showroom price of the car. So after making a down payment of Rs 2 lakh you will have to take a loan of around Rs 6.45 lakh from the bank. The bank will give you a loan of Rs 6.45 lakh for seven years with 9 percent interest. After this you will have to pay an EMI of Rs 10,368 per month for the next seven years.

How much will it cost?

If you take a car loan of Rs 6.45 lakh for seven years with an interest rate of 9 percent from a bank, you will have to pay an EMI of Rs 10,368 every month for seven years. In seven years, you will have to pay approximately Rs 2.26 lakh in interest for the base variant of the Honda Amaze. After this, the total cost of your car including ex-showroom, on-road and interest will be approximately Rs 10.71 lakh.

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Direct competition with these cars

Honda Amaze is a car introduced in the compact sedan car segment. The company’s Amaze competes directly with sedans like the new generation Maruti Dzire, Tata Tigor and Hyundai Aura.