Renault Offers Easy Finance Schemes For The Kwid

Published May 22, 2017
Views : 49016
2 min read

The offers allow customers to pay either a low EMI or a low down payment on the Kwid

If you are in the car market and looking to buy an entry-level hatchback, this is a particularly good time. Renault, the French carmaker has launched two new offers on the Kwid hatchback, sweetening the deal even further. One of the offers lets you enjoy a low EMI where the other make the down payment more affordable.

1. Low EMI Offer

As a part of this offer, customers can pick up the Kwid Std variant for a starting EMI of Rs 2,999 only. The cost of this variant, without taxes in Delhi, is Rs 2.65 lakh. The financed amount under this scheme is Rs 1.8 lakh and the duration is 84 months, with one instalment paid in advance. The interest rate for this offer stands at 10.25 per cent. While this particular scenario is only valid for the Std variant, offers on other variants are as follows.

Kwid Variants	0.8 Std.	1.0 RXL	RXL AMT	CLIMBER MT
Price (ex-showroom Delhi)	Rs 2,64,734	Rs 3,54,312	Rs 3,84,312	Rs 4,26,576
Loan amount	Rs 1,80,775	Rs 2,41,050	Rs 2,71,200	Rs 3,01,350
EMI (84 months)	Rs 2,999	Rs 3,999	Rs 4,499	Rs 4,999
ROI	10.25%	10.25%	10.25%	10.25%

2. Low Down Payment Offer

As per this offer, an all-new Renault Kwid can be yours by paying Rs 17,999 as down payment while the remaining can be financed. Again, this scheme is valid only on the base Std variant which is priced at Rs 2.65 lakh, without taxes, in Delhi. Under this scheme, you are eligible to finance up to 95 per cent of the ex-showroom value of the hatchback. This offer is best suited for customers who choose not to pay a big amount in one go and prefer paying EMIs. This variant is also available on other variants of the Kwid with the below mentioned calculations.

Kwid Variants	0.8 Std.	1.0 RXL	RXL AMT	CLIMBER MT
Price (ex-showroom Delhi)	Rs 2,64,734	Rs 3,54,312	Rs 3,84,312	Rs 4,26,576
Loan amount	Rs 2,51,735	Rs 3,36,313	Rs 3,65,313	Rs 4,05,577
Down Payment	Rs 17,999	Rs 22,999	Rs 23,999	Rs 25,999

Both of these offers are mutually exclusive and cannot be clubbed together. The Low Down Payment offer is valid until June 30, 2017, while the deadline for the Low EMI offer hasn't been specified.