Toyota Hilux has just received its latest generational avatar in India. The ninth-generation Toyota Hilux is available in three variant options in India, priced between ₹31.99 lakh and ₹36.69 lakh (ex-showroom). The new Hilux has received a significant design and feature update, while the powertrain remains unchanged. However, now the Hilux is available only in the automatic transmission option.
The iconic Toyota lifestyle pickup truck's updates have made it more premium and appealing to consumers than the previous generation. It comes as a niche product meant for those customers who seek more than just a conventional premium SUV. The Hilux can perform off-roading tasks without a second thought with its extreme go-anywhere capabilities and highly powerful powertrain. On the other hand, Toyota has given it a thoughtful and practical makeover to keep it ready for daily duties.
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If you are planning to buy the Toyota Hilux and wondering about the possible monthly EMI, here is a quick and comprehensive guide for you to aid the buying decision.
Toyota Hilux: How much monthly EMI to pay
{{/usCountry}}If you are planning to buy the Toyota Hilux and wondering about the possible monthly EMI, here is a quick and comprehensive guide for you to aid the buying decision.
Toyota Hilux: How much monthly EMI to pay
{{/usCountry}}To calculate the monthly EMI for the new-generation Toyota Hilux, we have considered all three variants of the pickup truck, which are the 4x4 GX AT, 4x4 GX AT, and 4x4 VX AT, priced at ₹31.99 lakh, ₹33.69 lakh and ₹36.69 lakh (ex-showroom), respectively. The loan amount has been considered as 100% of the ex-showroom price, while the rate of interest has been considered as 9.5% and the repayment tenure has been considered as 60 months.
| Toyota Hilux: Monthly EMI calculation | ||||
|---|---|---|---|---|
| Mode & variant | Loan (100% of ex-showroom price) | Interest rate | Repayment tenure | Monthly EMI |
| Toyota Hilux 4x4 GX AT | ₹31.99 lakh | 9.5% | 60 months | ₹67,185 |
| Toyota Hilux 4x4 GX AT | ₹33.69 lakh | ₹70,755 | ||
| Toyota Hilux 4x4 VX AT | ₹36.69 lakh | ₹77,056 | ||
According to the calculation, the base variant of the Hilux will command a monthly EMI of ₹67,185, while the mid trim will command a monthly EMI of ₹70,755. On the other hand, to own the top-end trim, you have to pay a monthly EMI of ₹77,056.
However, remember that the monthly EMI may vary depending on multiple factors, like the amount of loan taken, down payment made, rate of interest, repayment tenure selected, etc.