Low interest rates mean lower monthly installments, but how much of an impact does that make?

Are you in the market for a Nissan car? This seems to be just the right moment to buy one then as the Japanese carmaker is running low interest rates and low EMIs scheme on its entire range in the country, except for the Nissan GTR. The offer will be valid till 30 June 2018 across India.

Let’s check out the available offers:

Car Models

Rate of Interest

Equated monthly instalments (EMIs)

Equated monthly instalments for the same tenure and finance at RoI of 8%

Net savings in 4 years (at 3.99%; in comparison to RoI @ 8% - EMI in advance)

Nissan Micra Active

3.99% for 4 years

Rs 7,999

Rs 8,621

Rs 29,856

Nissan Micra

3.99% for 4 years

Rs 7,999

Rs 8,621

Rs 29,856

Nissan Sunny

3.99% for 4 years

Rs 12,999

Rs 14,011

Rs 48,576

Nissan Terrano

3.99% for 4 years

Rs 16,999

Rs 18,322

Rs 63,504

There are additional benefits on unsold 2017 inventory of cars, which you can check out by visiting your nearest Nissan dealer. The overall offers may vary across model, variant and your location. A special offer (usually a discount of Rs 5,000) is also available for corporate/government employees.

Nissan India seems to be banking on low interest rates and low EMIs to shore up its dwindling sales. There are no cash discounts or exchange bonuses on offer, something that we usually see from automakers. However, how the lower rate of interest impacts the overall cost can be gauged from the table above.

Have a look at the offers from Honda and Renault for the month of June 2018. Stay tuned to CarDekho for more such awesome offers and discounts on cars.

Read More on : Nissan Micra Active on road price


This Story has not been edited by ABP News. It has been published through cardekho.com feed directly.