TataTiago: Down Payment Just Rs. 4,999/-. It is True.
The auto sector is in tears and just to sell out their piled-up vehicles they are coming up taking grand lucrative offers to the customers.
Now TATA, India's leading Auto-mobile company is coming up with a never before EMI scheme.
Tata Tiago 4999/- EMI Scheme:
1. Pay Rs. 4,999/- as down-payment (A bit shocking? But it is true.)
2. Get the car and key at home.
3. Pay EMI @ 4999/- up to 6 months.
4. From the7th month, the EMI will rise gradually, but not to the extent of normal car EMIs available in the market.
5. After 5 years...Option1: if you want, keep that car by refinancing or fully paying the remaining due of 90,000/- or Option2: if you do not want to pay further, TATA Motors will BUYBACK your car at the price of your remaining due that is approx @ 90,000/-.
From my perspective, option number 2 is most profitable as after driving 5 years, a car's newness almost disappears wear and tear occur in a slight to moderate way. Further as per my assumption, a few years later, electric cars will create beehive in the market, and the value of costly used petrol cars will be aggressively low.
Further, just to save your family from covid19 by avoiding the crowd in essential journeys, the option of choosing small petrol efficient, safest in the segment cheap car is not a bad decision these days, rather engaging your hard-earned money in the name of a big luxury car.
As this offer saves us from paying a considerable amount as Down Payment also effectively lowering the down payment @ 5000/month (min.), hence becomes a profitable offer for those who keep in their mind to own a new car yet keep the thought aside thinking of paying a big down payment and anticipated pain arising out of routine follow-up of seemingly unending EMI schedule.
Own a Tiago just paying @ 4999/- big breaking offer by tata motors.
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