If you’re a car enthusiast who’s been eyeing the Okinawa i-Praise, you’re in the right place! Let’s dive into the details of this electric scooter, including its EMI, downpayment, and other essential information.
New Okinawa i-Praise Ex-showroom Price in Delhi
The base model of the Okinawa i-Praise is priced at Rs. 1,45,965. But what about the on-road price? Let’s break it down.
Okinawa i-Praise On-Road Price Calculation
- Loan Amount: The lenders generally finance 90% of the ex-showroom price. For the i-Praise, that amounts to Rs. 1,31,368.
- Down Payment: To calculate the down payment, we consider the on-road price minus the loan amount. For the i-Praise, it’s approximately Rs. 26,823 (including processing fees and EMI adjustments).
- Monthly EMI: Assuming a loan tenure of 36 months and an interest rate of 9.45%, your monthly EMI will be around Rs. 4,205.
- Insurance: Don’t forget to factor in insurance costs (approximately Rs. 5,071).
EMI Options
- You can choose between paying EMIs in advance or arrears:
- EMI in Advance: Pay one EMI instalment in advance to the bank.
- EMI in Arrears: No advance payments; the bank disburses the loan without upfront EMIs.
Why Choose Okinawa i-Praise?
- The i-Praise offers an eco-friendly and efficient ride.
- With its futuristic design and advanced features, it’s perfect for city commuting.
- Join the electric revolution with this silent yet powerful scooter.
Remember, when considering your next ride, think green—think Okinawa i-Praise! 🌿🛵
Disclaimer: The data/calculations provided are based on available information and are for convenience purposes only.
Image source: Okinawa iPraise+
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