What's the downpayment that I would need to make for buying this car?
By: riyaz ahmed on 10 december 2015
You generally need to pay about 1/3rd the car's price as downpayment. For the rest, you can avail loan facility. You can use the tool from the link to calculate the EMIs.
The down payment varies between different cars. Some come with zero down payment but the standard is about a third of the car's total value. The Indica eV2 costs around 5 lakh rupees. So the down payment usually comes to around 1.6 lakh rupees. You can finance the remaining amount by availing an auto loan from a local bank.
nimit panday 2015-12-17
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