How much are car repayments on a new Mahindra KUV100 Nxt?
The Mahindra KUV100 Nxt is offered in eight derivatives, all of which come in under R250 000. But sometimes that few thousand could stand in between you being able to afford the vehicle or not. We calculate the estimated monthly instalments on each variant, so you don't have to.
The Mahindra KUV100 made its way to South Africa during mid-2016. Since then the model has seen some revisions and even a #DARE derivative added to the range. This has resulted in a total of eight derivatives and two engine options. The G80 models are powered by a 1.2-litre, 3-cylinder petrol engine delivering 61 kW and 116 Nm to the front wheels via a 5-speed manual transmission.
The D75 variants, however, comes fitted with a 1.2-litre, turbocharged, 3-cylinder diesel motor. This motor also sends its power to the front wheels using the same transmission but instead develops 57 kW and 150 Nm of torque. The main benefit comes from the improved frugality as it only sips 4.3 L / 100 km as opposed to the 5.9 L / 100 km in the petrol model.
Formula
For this article, we will be using the convenient AutoTrader Car Finance Calculator to calculate an estimated monthly repayment cost on each of the Mahindra KUV100 Nxt line-up. For our calculations, we entered a 10% deposit but kept the residual set at 0%. The payment term selected is 72 months or 5-years. For the interest rate, we entered 12% as a baseline value.
Please note that your individual credit rating will greatly affect the interest rate and terms set out in your financing. Furthermore, our calculations do not include banking fees set by the individual financial services providers and should also be taken into account when you complete your application form.
The range
Mahindra KUV100 Nxt 1.2 G80 K2+
List price: R154 999
Monthly Instalment: R2 727.25
Total Interest: R56 862.13
Total Instalments Excluding Deposit & Residual: R196 362.13
Mahindra KUV100 Nxt 1.2 G80 K2+ #DARE
List price: R166 999
Monthly Instalment: R2 932.53
Total Interest: R61 142.08
Total Instalments Excluding Deposit & Residual: R211 142.08
Mahindra KUV100 Nxt 1.2 G80 K2+ #XPREZ panel van
List price: R181 999
Monthly Instalment: R3 202.32
Total Interest: R66 767.15
Total Instalments Excluding Deposit & Residual: R230 567.15
Mahindra KUV100 Nxt 1.2 G80 K6+
List price: R194 999
Monthly Instalment: R3 431.06
Total Interest: R71 536.23
Total Instalments Excluding Deposit & Residual: R247 036.23
Mahindra KUV100 Nxt 1.2 G80 K6+ #DARE
List price: R203 999
Monthly Instalment: R3 589.42
Total Interest: R74 837.90
Total Instalments Excluding Deposit & Residual: R258 437.90
Mahindra KUV100 Nxt 1.2 G80 K8
List price: R221 999
Monthly Instalment: R3 906.13
Total Interest: R81 441.25
Total Instalments Excluding Deposit & Residual: R281 241.25
Mahindra KUV100 Nxt 1.2 D75 K6+
List price: R227 999
Monthly Instalment: R4 011.70
Total Interest: R83 642.36
Total Instalments Excluding Deposit & Residual: R288 842.36
Mahindra KUV100 Nxt 1.2 D75 K8
List price: R247 999
Monthly Instalment: R4 363.60
Total Interest: R90 979.41
Total Instalments Excluding Deposit & Residual: R314 179.41
