Hyundai is offering its latest hatchback offering - Grand i10 Nios - with discounts of up to Rs. 25,000. Read here to know more.
The huge discounts before the introduction of BS-6 emission norms were expected to not last beyond April 1, 2020. But, the nationwide lockdown imposed due to the ongoing situation gave the industry the worst-ever start to the financial year. Therefore, to bring back the normality in the sales curve, carmakers are offering lucrative financing schemes and heavy discounts on their products. Even Hyundai Motor India Ltd, the second-largest carmaker of the country, is opting for this approach. The carmaker is offering a discount of Rs. 25,000 on its latest hatchback – Grand i10 Nios. However, this is a limited time offer.
The discount comprises of an exchange bonus of Rs. 10,000 and a cash benefit of Rs. 10,000. A corporate discount of Rs. 5,000 is also applicable on the purchase. Apart from the discount, the carmaker is also offering an EMI Assurance program for those who wish to get the car financed from Hyundai. Under the EMI Assurance program, the carmaker will give an EMI holiday of 3 months if the consumer faces an employment loss. Hyundai is also offering extended loan tenures of up to 8 years.
Talking of the Hyundai Grand i10 Nios, its prices start at Rs. 5.06 lakh and go all the way up to Rs. 8.29 lakh. With its dimensions measuring 3,805 mm in length, 1,680 mm in width, and 1,520 mm in height, the Nios competes with the likes of Maruti Swift and Ford Figo. It is offered in a total of 5 variants, namely Era, Magna, Asta, Sportz, and Turbo.
Hyundai offers the Grand i10 Nios with 3 engine options. There is a 1.2L Kappa petrol with a peak power output of 83 PS and max torque output of 113 Nm. Next on offer is a 1.2L turbocharged diesel engine that belts out 75 PS and 190 Nm. The last and the smallest on the list is a 1.0L turbocharged petrol engine that puts out 100 PS of maximum power and 172 Nm of peak torque. The transmission options on the Grand i10 Nios include a 5-speed manual and a 5-speed AMT unit. However, the turbo-petrol engine misses out on the latter.