Own a Tata Nexon for Less Than Your Morning Coffee: Smart Finance Options Revealed

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By DT News Desk

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Tata Nexon Suv Finance Options: In the vibrant landscape of Indiaโ€™s automobile market, Tata Nexon has emerged as a shining star, capturing the hearts of car enthusiasts across the country. As the best-selling car, the Tata Nexon continues to dominate the roads, with many opting for financing options to make this stylish SUV their own. Today, we unravel the pricing intricacies, features, and finance details of the Creative Manual and Creative Automatic variants of the new Tata Nexon Facelift, providing you with a comprehensive understanding of the journey from the showroom to your driveway.

Tata Nexon Suv Finance Options
Tata Nexon Suv Finance Options

Explore Tata Nexon SUV Finance Options & EMI Rates

Tata Nexonโ€™s Cinematic Journey:

The narrative of Tata Nexonโ€™s ascent to becoming the nationโ€™s best-selling car is akin to a captivating movie. Filled with twists and turns, the facelifted model introduced last year played a pivotal role in this success story. In December alone, a staggering 15,284 customers chose the Nexon as their preferred vehicle. However, a considerable number of these happy Nexon owners opted for financing, breaking down the overall cost into manageable monthly installments.

Pricing and Features Overview:

Before delving into the financing details, letโ€™s explore the pricing and features of the Tata Nexon Creative trim. The ex-showroom price for the Creative Manual stands at Rs 11 lakh, while the Creative Automatic is priced at Rs 11.70 lakh. Boasting a mileage ranging from 17.18 kmpl to 17.44 kmpl, both variants come equipped with features like a multi-functional steering wheel, touchscreen, and automatic climate control.

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Tata Nexon Creative Manual Loan EMI Down Payment Details:

For those eyeing the Creative Manual variant, the on-road price is Rs 12,69,485. Consider making a down payment of Rs 2 lakh at the Tata showroom, leaving you with a car loan requirement of Rs 10,69,485. Opting for a 5-year loan period at a 9 percent interest rate translates to a monthly installment of Rs 22,201. Over the loan tenure, interest charges amount to more than Rs 2.62 lakh, providing a comprehensive overview of the financial commitment.

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Tata Nexon Creative Automatic Loan EMI Down Payment Details:

Turning attention to the Creative AMT variant, the on-road price is Rs 13,48,991. After a down payment of Rs 2 lakh, a car loan of Rs 11,48,991 is needed. Over a 5-year period at a 9 percent interest rate, the monthly installment amounts to Rs 23,851. Considering this financing structure, interest charges exceed Rs 2.82 lakh, emphasizing the financial implications of opting for the Tata Nexon Creative Automatic variant.
Conclusion:

As we unravel the financial intricacies of financing Tata Nexonโ€™s Creative variants, it is essential to highlight the importance of gathering detailed information from your nearest Tata Motors showroom before making any financial commitments. Understanding the EMI, down payment, and interest rate details will empower you to make an informed decision as you embark on the exciting journey of owning the Tata Nexon.

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