If you’re an automobile enthusiast with a penchant for electric bikes, the Odysse Evoqis Base Model might have caught your attention. In this blog post, I Will Cover Important information about Odysse Evoqis Base Model EMI electric marvel, breaking down the essential aspects for potential buyers.
Odysse Evoqis Base Model Ex-showroom Price in Delhi
Odysse Evoqis Base Model Ex-showroom Price
The base model of the Odysse Evoqis comes with an ex-showroom price of ₹1.71 Lakh. But that’s not all; there are additional charges to consider.
Odysse Evoqis Base Model On-Road Price Breakdown
Ex-showroom Price: â‚ą1.71 Lakh
RTO Charges: â‚ą2,950
Insurance Cost: â‚ą6,329
The total on-road price in Delhi for the base model is ₹1.77 Lakh. Now, let’s explore financing options.
Odysse Evoqis Base Model EMI
Odysse Evoqis Base Model EMI (Images Source: Official Site)
Loan Amount: Up to â‚ą1,71,213 (90% of ex-showroom price)
Interest Rate: Typically around 10% per annum
Loan Tenure: 36 months
Down Payment
The minimum down payment required for the Evoqis is ₹9,011. Keep in mind that lenders usually finance 90% of the bike’s value, so you’ll need to cover the remaining amount.
Monthly EMI
The Equated Monthly Installment (EMI) for the base model starts at ₹4,933 per month at an interest rate of 9.45%. Here’s a quick calculation:
Principal Amount (P): â‚ą1,71,213
Rate of Interest ®: 9.45% per annum (monthly rate: 0.008333)
Number of Installments (N): 36
If you’re exploring other options in this segment, consider these alternatives:
RV400: Starting at â‚ą1.62 Lakh
eTryst 350: Starting at â‚ą1.50 Lakh
Kratos: Starting at â‚ą1.37 Lakh
Ranger: Starting at â‚ą1.86 Lakh
Aera: Starting at â‚ą1.74 Lakh
Remember, as an automobile enthusiast, choosing the right electric bike involves balancing features, pricing, and performance. The Evoqis offers an exciting blend of innovation and sustainability! 🚲💨
Disclaimer: The interest rate may vary based on individual circumstances and lender policies.
1. What is the ex-showroom price of the Odysse Evoqis Base Model in Delhi?
The ex-showroom price of the Odysse Evoqis Base Model in Delhi is â‚ą1.71 Lakh.
2. What are the additional charges included in the on-road price for the base model?
The on-road price breakdown includes RTO charges of â‚ą2,950 and insurance cost of â‚ą6,329, making the total on-road price â‚ą1.77 Lakh.
3. What is the financing option available for the Odysse Evoqis Base Model?
Buyers can opt for a loan amount of up to â‚ą1,71,213 (90% of ex-showroom price) with an interest rate typically around 10% per annum for a loan tenure of 36 months.
4. What is the minimum down payment required for the Evoqis Base Model?
The minimum down payment required for the Evoqis Base Model is â‚ą9,011, considering that lenders usually finance 90% of the bike’s value.
5. How is the Equated Monthly Installment (EMI) calculated for the base model?
The monthly EMI for the base model starts at â‚ą4,933, calculated on a loan amount of â‚ą1,71,213, with an interest rate of 9.45% per annum over a tenure of 36 months.
6. Are there alternatives to the Odysse Evoqis Base Model in the electric bike segment?
Yes, some alternatives in the segment include RV400 (Starting at â‚ą1.62 Lakh), eTryst 350 (Starting at â‚ą1.50 Lakh), Kratos (Starting at â‚ą1.37 Lakh), Ranger (Starting at â‚ą1.86 Lakh), and Aera (Starting at â‚ą1.74 Lakh).
7. What factors should an automobile enthusiast consider when choosing an electric bike?
Choosing the right electric bike involves balancing features, pricing, and performance. It’s essential to evaluate the innovation and sustainability offered by the bike.
8. Can you provide a quick calculation for the monthly EMI for the Odysse Evoqis Base Model?
The monthly EMI for the base model is â‚ą4,933, calculated on a principal amount of â‚ą1,71,213, with an interest rate of 9.45% per annum over 36 months.
9. How much is the total on-road price for the Odysse Evoqis Base Model in Delhi?
The total on-road price for the base model in Delhi is â‚ą1.77 Lakh, inclusive of the ex-showroom price, RTO charges, and insurance cost.
10. What makes the Odysse Evoqis Base Model stand out for automobile enthusiasts?
The Evoqis Base Model offers an exciting blend of innovation and sustainability, making it an appealing choice for automobile enthusiasts in the electric bike segment.