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Skoda Rapid now at an EMI of Rs 9,999

Skoda Rapid now at an EMI of Rs 9,999

Under the offer, customers have to make a down payment of Rs 1,62,220 and pay an EMI of Rs 9999 for 48 months on purchase of Rapid Active 1.6 MPI MT model.

Skoda Finance has launched a special offer in which it is offering the Rapid Active 1.6 MPI MT - a petrol variant - at an EMI of Rs 9,900.

Under the offer, customers have to make a down payment of Rs 1,62,220 and pay an EMI of Rs 9999 for 48 months on purchase of Rapid Active 1.6 MPI MT model.

At the end of the loan tenure, the customer has to pay Rs 1,38,000 as balloon payment, which is a large, lump-sum payment scheduled at the end of a series of smaller periodic payments.

Skoda says that the above calculation is based on ex-showroom prices prevailing in New Delhi as on 03 August 2012 and is meant to serve as an illustration only. Insurance, registration, local taxes and other levies and charges have to be paid separately. This Skoda Rapid offer is available on limited stocks only and applicable until stocks last or 31 Aug 2012, whichever is earlier.