How much are car repayments on a new Mahindra XUV500?
As one of the best-value SUVs on the market, we decided to take a closer look at the monthly repayments on a new Mahindra XUV500. In this article, we give you an indication of the instalments for every XUV500 derivative, so you can decide which one will best suit your budget.
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In all honesty, the Mahindra XUV500 is ageing quite rapidly, with frequent facelifts keeping it updated as much as possible. But its age doesn’t mean that the XUV500 is hopeless at all – in fact, it recently walked away with the overall honours in a comparison against two very enticing opponents.
Related: Mahindra XUV500 vs Haval H6C vs Mitsubishi ASX – here’s our winner!
So, seeing as the XUV500 is still so competitive in its market segment and offers an unbeatable value proposition with its spec-to-price ratio, how much would it cost you to buy one? We ran the numbers on the entire model range, to determine how deep a dent it would make in your monthly budget.
We sampled the current price list, to see what the base price of each model is, and then calculated their monthly instalments with the Wesbank Finance Calculator, These instalments use the base price, paid off over 72 months, at an interest rate of 13% with a 10% deposit.
There is no balloon structured into this agreement, and it excludes initiation- and administration fees and on-the-road costs. Naturally, individual profiles will vary and interest rates will be awarded according to credit history.
Related: What does “On The Road Fees” really mean?
|
Variant |
Price |
Monthly Instalment |
|
Mahindra XUV500 2.2CRDe W4 |
R 319 999 |
R 5 781.34 |
|
Mahindra XUV500 2.2CRDe W6 |
R 377 999 |
R 6 829.21 |
|
Mahindra XUV500 2.2CRDe W8 |
R 392 999 |
R 7 100.21 |
|
Mahindra XUV500 2.2CRDe W8 Auto |
R 422 999 |
R 7 642.21 |
|
Mahindra XUV500 2.2CRDe W10 Auto |
R 437 999 |
R 7 913.21 |
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