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Renault Rolls Out Two New Offers To Entice Prospective Kwid Buyers
Under this offer, the Kwid range is available at an EMI starting from Rs 2,999 only. However, the Rs 2,999 EMI is for the Kwid 0.8 Std variant, which costs Rs 2.65 lakh
French carmaker, Renault, has released a couple of new offers on the Kwid. Both offers promise to make the outright deal sweeter for the customer. While one offer promises a low EMI, the other makes the down payment more affordable. Let's check out both in detail.
Under this offer, the Kwid range is available at an EMI starting from Rs 2,999 only. However, the Rs 2,999 EMI is for the Kwid 0.8 Std variant, which costs Rs 2.65 lakh (ex-showroom Delhi). The amount financed under this scheme is Rs 1.8 lakh for a duration of 84 months with one EMI to be payed in advance. Back calculation shows that the interest rate being offered under this scheme is 10.25 per cent.
Other variants of the Kwid with more equipment are also available under this scheme. The details are as follows:
| Kwid Variants | 0.8 Std. | 1.0 RXL | RXL AMT | CLIMBER MT |
| Price (ex-showroom Delhi) | Rs 2,64,734 | Rs 3,54,312 | Rs 3,84,312 | Rs 4,26,576 |
| Loan amount | Rs 1,80,775 | Rs 2,41,050 | Rs 2,71,200 | Rs 3,01,350 |
| EMI (84 months) | Rs 2,999 | Rs 3,999 | Rs 4,499 | Rs 4,999 |
| ROI | 10.25% | 10.25% | 10.25% | 10.25% |
Did you check out the Renault Kwid Climber? Click here to know more!
Low Down Payment Offer
Under this offer, buyers can take home a new Kwid by paying only Rs 17,999 as down payment and getting the rest of the amount financed. The Rs 17,999 down payment is for the Kwid 0.8 Std variant only, which costs Rs 2.65 lakh (ex-showroom Delhi). Up to 95 per cent of the ex-showroom amount of the Kwid can be financed under this scheme. This scheme is primarily for those buyers who can't spend a big amount up-front and are more comfortable paying EMIs. This offer extends to other Kwid variants as well, and the details are as follows:
| Kwid Variants | 0.8 Std. | 1.0 RXL | RXL AMT | CLIMBER MT |
| Price (ex-showroom Delhi) | Rs 2,64,734 | Rs 3,54,312 | Rs 3,84,312 | Rs 4,26,576 |
| Loan amount | Rs 2,51,735 | Rs 3,36,313 | Rs 3,65,313 | Rs 4,05,577 |
| Down Payment | Rs 17,999 | Rs 22,999 | Rs 23,999 | Rs 25,999 |
Did you know - Kwid AMT is cheaper than Alto K10 AMT! Click here for details.
Buyers should note that both these offers cannot be clubbed together. The low down payment offer is valid until June 30, 2017, while the period of the low EMI offer hasn't been specified. Check out all the existing offers on the Kwid here.
Source: cardekho.com
