The Indian roads are kept busy all the year with new cars making their way out and keeping the onlookers in awe of their spectacular design and feel. The soothing interiors and dazzling exteriors make one dreaming to be an owner of the car. If last year, Tata Tiago for its low price and the attractive designs was the talk of the town, the new generation Maruti Dzire has occupied maximum space in the car journals across the country in 2017, owing to its greater affordability and the addition of powerful features. But that’s not where the script finished as the year has also seen fresh versions of Tata Hexa, Skoda Octavia, besides Jeep Compass SUV models.
All these newly launched cars have gained massive traction among the buyers who have made enquiries and bookings. I am sure, you would be delighted to know what are those new cars available in the showroom to pick, won’t you? Come and get lost in the beauty of new cars lying in the showroom near you.
Latest Generation Maruti Dzire
The Dzire, a new version of the best selling sedan model of the country’s largest automaker, has cast the magic on the car aficionados even before it was available to buy. Yes, the booking figures were 33,000 around 10 days before the launch, telling you the splash it made in the Indian market. The third generation sedan model looks great on the eye while also remaining affordable for many mid and top income brackets. The ex-showroom price of the car starts from ₹5.45 lakhs, keeping the EMI to the tune of ₹10,000-17,000. So, if you can spare this amount for EMI payment and yet keep your finances in order, you would have fun driving this car.
The feature-rich car incorporates a horizontally slatted hexagonal grille, chrome lining & accents, wooden inserts on the dashboard, door trims, and others.
Jeep Compass SUVs
Expected to heat up the competition in the sports utility vehicle (SUV) segment, Jeep Compass SUV with a whole range of additions and price tag that starts from ₹14.95 lakhs is almost certain to entertain the ₹50,000-1,00,000 monthly earner club. The EMI range can be ₹24K-40K. The excitement surrounding the SUV model is huge with around 40,000 enquiries and 5,000 bookings being made so far. And it’s just a week or so that the car was launched. The telephone rings and car loan application numbers are set to rise given the rush that has been so far.
The car is not short on the features as it has projector headlamps, elegant dashboard. Android Auto and Prime Play, LED Tail Lights. You can choose from six colour combinations that have added to the beauty of the SUV models. The colours are Hip Hop Black, Hydro Blue, Exotica Red, Minimal Grey and Vocal White.
Launched in six diesel engine variants, Tata Hexa models come with an ex-showroom price starting from ₹10.96 lakhs, fitting into the pocket of borrowers with a monthly income of 50,000 and above. The monthly installment applicable in their case can be around ₹18,000-31,000.
The new Skoda Octavia Facelift has hit the road with as many as 5 variants in both petrol and diesel engine options mated to manual and automatic transmissions. The ex-showroom price, which starts from ₹15.49 lakhs, goes upto ₹18.96 lakhs. On the EMI repayment front, an amount of ₹24,000-35,000 would be deducted from the account each month.
Coming to the building blocks of the car, you could find new LED headlamps, angular signature grille, remolded bumper, a wider chrome slat, new fog lamp assembly, among many such attractive enhancements.
Where Can You Find Car Loan to Buy Newly Launched Cars?
A bunch of banks and non-banking finance companies can provide a suitable finance on the cars that have hit the market of late. The interest rates on these models can be anywhere from 8.75%-12% per annum.
So, how’s been the experience reading the newly launched cars from the affordability and feature perspective? Choose from the new launches based on the income and repayment capability you have. Also, bear in mind that the car buy does not adversely affect your pocket.