What is the minimum downpayment that I will need to make for buying the Hyundai Eon?
By: sankar jyoti kakati on 1 september 2015
You can find the on-road price from the link given below.
On-Road Price of Hyundai Eon
The bank generally expects that you pay 20% of the cost as downpayment. However, if you contact the car dealer directly, you may be able to get it by paying even lesser downpayment amount.
Generally the banks charge a minimum downpayment of 20% of the cost price of the car, however talking to the dealer or any other financers may take this number even less. You can find the specific calculator on this website only. Although a various numbers of Emi plans are available through the firms, the lowest charging one will be the longest. For example for a loan of ?2.8L the down payment would be ?31,000 with an Emi of ?5997 for a period of 60 months.
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