Ertiga On-Road Price in Bangalore A Complete BreakdownThe Suzuki Ertiga has earned its place as one of the top-selling MPVs in India due to its affordability, spacious interior, and reliable performance. If you are looking to buy the Suzuki Ertiga in Bangalore, understanding the on-road price is essential to make an informed decision. In this topic, we will explore the factors that contribute to the on-road price of the Ertiga in Bangalore, and how you can estimate the total cost based on different variants and additional features.
What is On-Road Price?
Before diving into the specifics of the Ertiga’s on-road price in Bangalore, it’s important to understand the concept of the ‘on-road price.’ The on-road price includes all costs associated with purchasing the vehicle, from the ex-showroom price to taxes, insurance, and other additional charges. This is the final amount a customer pays when purchasing the vehicle and taking it home.
Breakdown of the Ertiga On-Road Price in Bangalore
The on-road price of the Suzuki Ertiga in Bangalore can vary depending on the model variant you choose, any additional features you select, and the region’s taxation rates. Below, we provide a detailed breakdown of the components that contribute to the final price.
1. Ex-Showroom Price
The ex-showroom price is the base price set by the manufacturer for the vehicle. For the 2024 Suzuki Ertiga, the ex-showroom price in Bangalore typically ranges between INR 8.50 lakh and INR 12.00 lakh, depending on the variant and the features it offers. The Ertiga comes in several variants such as LXI, VXI, ZXI, and ZXI+.
2. Registration Charges
Registration charges are mandatory fees that are paid to the government to officially register the vehicle in the state. In Bangalore, registration charges depend on the ex-showroom price of the vehicle and the vehicle’s engine capacity. Typically, the registration fees range from INR 5,000 to INR 15,000. This fee is paid once and allows the vehicle to be legally driven on the roads.
3. Road Tax
Road tax is an important part of the on-road price, and it is levied by the state government. The road tax rate in Karnataka, where Bangalore is located, is typically 10% of the vehicle’s ex-showroom price. For example, if you purchase an Ertiga with an ex-showroom price of INR 9.00 lakh, the road tax will be around INR 90,000.
4. Insurance
Insurance is another vital component of the on-road price. Every vehicle on Indian roads must have valid insurance, and the cost of insurance varies based on the type of coverage, the vehicle’s price, and the insurance provider. The cost of insurance for the Suzuki Ertiga in Bangalore typically ranges from INR 25,000 to INR 40,000 for a comprehensive policy, depending on the model variant and coverage options you choose.
5. Dealer Handling and Delivery Charges
In addition to the ex-showroom price, dealers often charge handling and delivery fees. These charges cover the cost of preparing the car for delivery, including vehicle inspection and documentation. The handling charges in Bangalore can range from INR 3,000 to INR 10,000, depending on the dealership and the services they provide.
6. Optional Accessories
Many buyers opt for additional accessories to enhance the comfort and style of their vehicles. The Ertiga offers a range of optional accessories such as seat covers, floor mats, infotainment systems, and more. These accessories are typically not included in the base price and will add to the overall on-road cost. Depending on your preferences, these accessories can add anywhere from INR 5,000 to INR 20,000 to the total cost.
Estimated On-Road Price of Ertiga in Bangalore
To give you a clearer idea of the total cost, here’s an estimated on-road price breakdown for different variants of the 2024 Suzuki Ertiga in Bangalore
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Ertiga LXI (Petrol) INR 9.50 lakh – INR 9.90 lakh
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Ertiga VXI (Petrol) INR 10.00 lakh – INR 10.40 lakh
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Ertiga ZXI (Petrol) INR 10.50 lakh – INR 10.90 lakh
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Ertiga ZXI+ (Petrol) INR 11.20 lakh – INR 11.60 lakh
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Ertiga LXI (CNG) INR 9.85 lakh – INR 10.30 lakh
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Ertiga VXI (CNG) INR 10.40 lakh – INR 10.80 lakh
These are approximate figures and can vary slightly based on the dealership and specific charges for registration, road tax, and insurance. Additionally, if you select optional accessories or other add-ons, the final cost may increase further.
Financing the Purchase of Ertiga in Bangalore
For many buyers, financing the purchase of the Suzuki Ertiga is an attractive option. Several banks and financial institutions offer loans for vehicle purchases with flexible repayment options. Here’s a quick look at how the financing process works
Loan Amount
Most banks and lenders offer up to 90% of the ex-showroom price as a loan. The remaining 10% to 20% needs to be paid as a down payment. For example, if you opt for a variant priced at INR 9.00 lakh, you might be able to finance up to INR 8.10 lakh, leaving you with a down payment of INR 90,000 to INR 1.80 lakh.
Loan Tenure and EMI
The loan tenure typically ranges from 1 to 7 years, and the interest rate can vary between 8% and 12%, depending on the lender and your credit score. The EMI (Equated Monthly Installment) for the loan will depend on the loan amount, interest rate, and tenure. For instance, if you finance INR 8.50 lakh at an interest rate of 10% for a tenure of 5 years, your monthly EMI could range from INR 18,000 to INR 20,000.
Value for Money
The Suzuki Ertiga offers an excellent balance of price, performance, and practicality, making it a great value for money, especially for families. The 2024 Ertiga provides a spacious cabin, a host of modern features, and efficient fuel economy, all at a competitive price point.
When compared to other MPVs in the market, the Ertiga stands out for its affordability and comprehensive feature set, making it a solid choice for those looking to buy a budget-friendly family vehicle in Bangalore.
The on-road price of the Suzuki Ertiga in Bangalore is an important consideration when planning to purchase the vehicle. While the final price may vary based on several factors such as registration charges, road tax, insurance, and optional accessories, the Ertiga remains one of the most affordable and practical MPVs available in India. With financing options available and a range of features suited for family needs, the 2024 Ertiga is a fantastic option for anyone looking for a reliable and value-for-money vehicle.
