Toyota Innova Crysta Base Variant Available with Rs 5 Lakh Down Payment

by

Ganpat Singh Chouhan

Auto Desk, New Delhi. Vehicle manufacturer Toyota sells cars across multiple segments in the Indian market. The manufacturer offers the Toyota Innova Crysta in the MPV segment. If you are planning to buy the base variant of this car, here’s how much EMI you’ll need to pay monthly after making a down payment of Rs 5 lakh.

Toyota Innova Crysta Price

Toyota offers the 2.4 GX 7 Str as the base variant of the Innova Crysta. The ex-showroom price of this base variant is Rs 18.65 lakh. If this car is purchased in Delhi, you’ll need to pay approximately Rs 2.33 lakh for RTO charges and around Rs 1.01 lakh for insurance. Additionally, TCS charges of approximately Rs 18,000 will apply for this MPV. After these charges, the Toyota Innova Crysta 2.4 GX 7 Str on-road price comes to around Rs 22.18 lakh.

EMI After Rs 5 Lakh Down Payment

If you purchase the base variant 2.4 GX 7 Str, banks will finance only the ex-showroom price. After making a down payment of Rs 5 lakh, you’ll need to finance approximately Rs 17.18 lakh from the bank. If the bank provides you Rs 17.18 lakh at 9% interest for seven years, you’ll need to pay an EMI of Rs 27,933 every month for the next seven years.

Total Cost of the Car

If you take a car loan of Rs 17.18 lakh from the bank at 9% interest rate for seven years, you’ll need to pay an EMI of Rs 27,933 every month for seven years. Over seven years, you’ll pay approximately Rs 6.27 lakh as interest for the Toyota Innova Crysta 2.4 GX 7 Str. After this, your car’s total cost including ex-showroom price, on-road charges, and interest will be around Rs 28.46 lakh.

Competition

Toyota offers the Innova Crysta as an MPV. This car directly competes with budget MPV cars like Maruti Ertiga and Kia Carens Clavis in the market. Additionally, it faces competition from SUVs like Mahindra Scorpio, Mahindra XUV 700, MG Hector, and Tata Safari.

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