Even a person earning 40 thousand can buy MG!
MG Windsor EV is one of the top selling electric cars in India. It is the best selling EV of MG Motor, whose ex-showroom price starts from ₹ 14 lakh, but if you want to buy it at a lower price, then you can use EMI and down payment option. Now even a middle class family can easily buy it, especially if your monthly salary is between Rs 40,000 and Rs 50,000. Let's know the complete details of the on-road price, finance plan and EMI of this affordable electric car.
On-road price and down payment of MG Windsor EV
The on-road price of MG Windsor EV in New delhi is around Rs 14.75 lakh, which includes RTO charges, insurance and other mandatory fees. If you make a down payment of Rs 2 lakh, you will have to take a loan of the remaining Rs 12.75 lakh from the bank. If the bank approves this loan for 7 years (84 months) at an interest rate of 8.5%, then your monthly EMI will be around Rs 20,000. In this period, you will have to pay a total of Rs 17 lakh including interest to the bank, which brings the total cost of the car to around Rs 19 lakh. It is worth noting that the EMI and the total payment amount depend on your credit score, city and the terms of the respective bank.
Why is MG Windsor EV a smart choice?
MG Windsor EV is a wise choice for customers who want to buy an electric car with modern features and great safety at an affordable price. This car has premium features like 15.6-inch touchscreen infotainment system, 8.8-inch wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital driver display, panoramic glass roof, automatic AC, powered driver seat, powered tailgate and wireless phone charger.
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