Know About Volkswagen Virtus EMI Sedan Loan on Rs 1.3 lakh Down Payment: Details Explained

Volkswagen recently launched the new Virtus mid-size sedan in the Indian market as a replacement for the Vento in its lineup. Based on the strongly localized MQB A0 IN platform, the Virtus shares a lot in common with its sibling, the Taigun SUV, including the 1.0-liter TSI and 1.5-liter TSI powertrains.
Thinking of buying the new Volkswagen Virtus and wondering how much EMI you will have to pay? Here is a table showing the on-road (Delhi) price of the Volkswagen sedan by variant, and the lowest monthly installment you would have to shell out, keeping in mind an average term, return on investment, as well as a advance payment –
Variant On-road prices
(Delhi)
Mandate Interest rate
(valued)
Advance payment NDE
Comfortline Rs 12,92,530 5 years 9.8% Rs 1,30,000 24,586 rupees
high line Rs 14,94,059 5 years 9.8% Rs 1,49,000 28,446 rupees
Highline AT Rs 16,42,916 5 years 9.8% Rs 1,64,000 31,277 rupees
Topline Rs 16,58,947 5 years 9.8% Rs 1,66,000 31,574 rupees
Topline AT Rs 18,07,804 5 years 9.8% Rs 1,81,000 34,405 rupees
GT Plus
1.5 TSI DSG
Rs 20,67,710 5 years 9.8% Rs 2,07,000 39,352 rupees

To make it easier for you, we have chosen an average occupancy period of 5 years as standard, as well as a down payment of around 10% and an estimated bank interest rate of 9.8%. Note that the buyer is free to decide the duration for which he will take out the loan, while the interest rate varies from one bank to another. Additionally, you can also choose to pay a higher or lower down payment, which will decrease or increase your Easy Monthly Payment (EMI) respectively.
Volkswagen is currently selling the Virtus in India at a starting price of Rs 11.22 lakh for the entry-level Comfortline 1.0 TSI variant, going up to Rs 17.92 lakh (both prices, ex-showroom) for the high-end range GT Plus 1.5 TSI DSG model. However, the on-road (Delhi) price of the Volkswagen sedan is currently between Rs 12.93 lakh and Rs 20.68 lakh.
Suppose you are to buy the Highline 1.0 TSI automatic variant of the Volkswagen Virtus (on-road, Delhi price = Rs 16,42,916). If you pay Rs 1.64 lakh as down payment, you will end up paying Rs 31,277 as EMI for a period of 60 months (5 years) against a total loan amount of Rs 14,78,916. At the end of the term, you would have paid Rs 20,40,620 (all inclusive) for the SUV, which also includes the one-time deposit paid at the time of purchase.
Let us know in the comments below if you want to know the EMI for any other car, motorcycle or scooter of your choice.

About Matthew R. Dailey

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