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Want to Buy Honda Elevate? Check Out Down Payment and EMI Breakdown
- •The ex-showroom price for the Honda Elevate starts at Rs 11.80 lakh and goes up to Rs 18.40 lakh for the top variant.
- •In Delhi, the on-road price for the base variant comes to approximately Rs 13,76,565 including RTO and insurance.
- •With a down payment of Rs 2 lakh, buyers will need to pay an EMI of Rs 24,999 per month for a 5-year loan at a 10 percent interest rate.
- •The SUV features a 1.5-liter i-VTEC petrol engine, spacious cabin, advanced safety features, and Level-2 ADAS.
- •Individuals with a monthly income between Rs 60,000 and Rs 80,000 can comfortably consider purchasing this car.
Key Questions Answered
The ex-showroom price of the new Honda Elevate starts at Rs 11,80,000. When purchasing the base variant in Delhi, additional charges include Rs 1,29,800 for RTO, Rs 54,965 for insurance, and Rs 11,800 in other fees, bringing the total on-road price to Rs 13,76,565.
If you make a down payment of Rs 2 lakh on the Honda Elevate, you can finance the remaining Rs 11,76,565 through a 5-year car loan at a 10 percent interest rate. This results in 60 monthly installments of Rs 24,999, making the total installment payout Rs 14,99,912.
It is suggested that individuals with a monthly income between 60,000 and 80,000 and no major existing loans consider taking a car loan for the Elevate. The SUV is powered by a 1.5-liter i-VTEC naturally aspirated petrol engine generating 121 PS and 145 Nm, paired with a 6-speed manual or 7-speed CVT transmission.
