Maruti Suzuki Ertiga: The Maruti Suzuki Ertiga has been a game-changer in the Multi-Purpose Vehicle (MPV) segment in India launch in, the Ertiga has redefined the family car experience, blending practicality, comfort, and fuel efficiency into a well-rounded package. As one of the best-selling MPVs in India, it has gained popularity among families,
To afford a Maruti Suzuki Ertiga Your Monthly Budget
you need to account for both the down payment and the monthly EMI (Equated Monthly Installment) if you’re financing the car through a loan, as well as other running costs like fuel, insurance, maintenance, and taxes. The total monthly budget will vary depending on the model you choose, the loan amount, and the other factors that contribute to the overall cost of ownership. Below is a breakdown of the key components that you should consider while budgeting for a Maruti Suzuki Ertiga:
Design and Exterior Features
The Maruti Suzuki Ertiga strikes a balance between a family car and a stylish MPV. While it maintains a compact footprint compared to traditional large MPVs, it doesn’t compromise on style or functionality.
- Front Design: The Ertiga’s front fascia is characterized by its bold grille, sharp headlamps with integrated LED DRLs (Daytime Running Lamps), and an aggressive bumper design, giving it a modern and premium appeal.
- Side Profile: The side profile is clean and sleek, with body-colored side moldings, alloy wheels (depending on variant), and a gentle curve along the door lines, providing a sense of elegance while maintaining its utilitarian nature.
- Rear Design: At the rear, the Ertiga features a wide tailgate, a simple but stylish tail-lamp design, and a large rear windscreen, contributing to the overall spacious feel of the vehicle.
Overall, the exterior design of the Ertiga is refined and approachable, offering a perfect mix of practicality and modern aesthetics.
Interior Space and Comfort
One of the most significant selling points of the Ertiga is its spacious and versatile interior. It can comfortably accommodate up to 7 passengers with ample legroom, headroom, and boot space, making it an excellent choice for long drives and family vacations.
- Seating Capacity: The Ertiga’s three-row seating arrangement offers comfortable space for seven people, with the second and third-row seats designed to be easy to fold down, enabling you to increase luggage space when needed.
- Cabin Quality: The cabin features premium materials like soft-touch plastic, upholstery, and easy-to-use controls. The dashboard is user-friendly, with clear instrumentation and a touchscreen infotainment system (on higher variants).
- Comfort Features: The Maruti Suzuki Ertiga comes equipped with comfort features like automatic climate control, adjustable steering, rear AC vents, a 12V power outlet, and an updated infotainment system with smartphone connectivity. The higher trims offer additional luxury touches like leather upholstery, a touchscreen display with Apple CarPlay and Android Auto, and keyless entry.
Performance and Engine Options
The Maruti Suzuki Ertiga is available with both petrol and CNG variants, allowing buyers to choose based on their preference for fuel efficiency or lower emissions.
- Petrol Engine: The 1.5-liter K15C DualJet petrol engine offers a balanced combination of performance and efficiency. With 104 bhp and 136.8 Nm of torque, the engine provides adequate power for both city and highway driving, while being relatively fuel-efficient. The engine comes paired with a 5-speed manual or a 4-speed automatic transmission.
- CNG Engine: The CNG variant is a popular choice for eco-conscious buyers, offering impressive mileage figures. It features the same 1.5-liter engine but with a slightly lower output of around 91 bhp. The CNG version makes sense for long-distance commuters who want to save on fuel costs while reducing their carbon footprint.
- Mild Hybrid Technology: The Ertiga also features Maruti Suzuki’s mild-hybrid technology in its petrol variants. This system helps improve fuel efficiency and lowers emissions by using regenerative braking and a start-stop system. It’s particularly helpful in urban driving conditions, contributing to the Ertiga’s high fuel economy.
Safety Features
Maruti Suzuki has focused on making the Ertiga a safe vehicle for families. The car is equipped with a host of safety features designed to protect occupants in the event of an accident.
- Airbags: Dual front airbags come standard on most variants, with side and curtain airbags available on higher trims.
- ABS with EBD: Anti-lock Braking System (ABS) with Electronic Brake-force Distribution (EBD) ensures better control of the vehicle during sudden braking or slippery conditions.
- Rear Parking Sensors and Camera: Higher variants of the Ertiga come equipped with rear parking sensors and a camera, assisting in safe parking and maneuvering in tight spaces.
- Other Safety Features: The Ertiga also offers safety features like Electronic Stability Program (ESP), Hill Hold Assist (on automatic variants), seat belt reminders, child safety locks, and more.
Fuel Efficiency
One of the Ertiga’s strongest points is its fuel efficiency. The 1.5-liter petrol engine offers an impressive mileage of around 19-20 km/l (depending on driving conditions and variant). The CNG variant, in particular, offers even better fuel economy, with mileage figures crossing 25 km/kg. This makes the Ertiga an economical choice for daily commutes and long-distance driving.
Cost of the Maruti Suzuki Ertiga
The on-road price of the Maruti Suzuki Ertiga in India ranges from ₹9 lakh to ₹13 lakh (depending on the variant, model year, and location). For the purpose of budgeting, let’s assume an average price of ₹10 lakh for the mid-range variant.
Down Payment
Car loans generally require a down payment ranging from 10% to 20% of the vehicle’s on-road price. For a ₹10 lakh car, the down payment would be between ₹1 lakh and ₹2 lakh.
- Estimated Down Payment: ₹1 lakh to ₹2 lakh
Loan Details
If you are opting for a car loan, the loan amount would typically be the difference between the on-road price of the car and your down payment. Let’s assume you are taking a loan for ₹8 lakh (after a ₹2 lakh down payment).
- Loan Amount: ₹8 lakh
- Loan Tenure: 5 years (60 months)
- Interest Rate: 9% per annum (rates may vary)
EMI Calculation
Using the above figures, your monthly EMI for a car loan of ₹8 lakh over 5 years at an interest rate of 9% would be approximately ₹16,000 to ₹18,000. This is an estimate based on typical interest rates, and your actual EMI will depend on the loan amount, tenure, and your financial profile.
- Estimated EMI: ₹16,000 to ₹18,000 per month
Insurance
Car insurance is another ongoing cost. For a Maruti Suzuki Ertiga, the annual insurance premium can range from ₹20,000 to ₹30,000, depending on the type of coverage (third-party vs. comprehensive). On a monthly basis, this comes out to around ₹1,500 to ₹2,500.
- Estimated Monthly Insurance: ₹1,500 to ₹2,500
Fuel Costs
The fuel efficiency of the Maruti Suzuki Ertiga varies based on the variant you choose. On average:
- Petrol Variant Mileage: 19-20 km/l
- CNG Variant Mileage: 25-27 km/kg
Let’s assume an average monthly driving distance of 1,000 km, with a petrol variant that delivers 19 km/l. With petrol prices averaging ₹100 per liter:
- Fuel Consumption: 1,000 km / 19 km/l = 52.63 liters
- Fuel Cost: 52.63 liters x ₹100/liter = ₹5,263 per month
If you opt for the CNG variant, the cost would be lower due to better mileage.
- Fuel Cost for CNG: 1,000 km / 25 km/kg = 40 kg
- CNG Price: ₹70/kg (approx.)
- Fuel Cost: 40 kg x ₹70 = ₹2,800 per month
- Estimated Monthly Fuel Cost (Petrol): ₹5,000 to ₹5,500
- Estimated Monthly Fuel Cost (CNG): ₹2,500 to ₹3,000
Maintenance and Repairs
While Maruti Suzuki vehicles are known for their reliability and low maintenance costs, it’s still important to account for routine servicing and occasional repairs. You can expect to spend around ₹2,000 to ₹3,000 per month on regular maintenance and upkeep, including oil changes, tire rotations, and other preventive measures.
- Estimated Monthly Maintenance Cost: ₹2,000 to ₹3,000
Road Tax and Registration
Road tax and registration fees are one-time costs when you purchase a car, but you should factor them into your annual budget. For a Maruti Suzuki Ertiga, this can cost anywhere from ₹15,000 to ₹25,000, depending on the state you live in.
- Estimated Road Tax and Registration (Annual): ₹15,000 to ₹25,000
- Monthly Equivalent: ₹1,250 to ₹2,000
Total Monthly Budget
To calculate your total monthly budget for owning a Maruti Suzuki Ertiga, let’s sum up the key costs:
- EMI: ₹16,000 to ₹18,000
- Insurance: ₹1,500 to ₹2,500
- Fuel: ₹2,500 to ₹5,500 (depending on variant and driving habits)
- Maintenance: ₹2,000 to ₹3,000
- Road Tax (Monthly Equivalent): ₹1,250 to ₹2,000
Estimated Total Monthly Budget:
- Lower Range: ₹23,250 (if you opt for CNG and lower maintenance)
- Upper Range: ₹30,000 (if you opt for petrol and higher maintenance)
Conclusion
To comfortably afford a Maruti Suzuki Ertiga, your monthly budget should ideally be in the range of ₹23,000 to ₹30,000, depending on the variant, fuel type, and your driving habits. This would cover your car loan EMI, insurance, fuel, maintenance, and road tax.
Before making a decision, make sure to assess your monthly income, expenses, and other financial obligations. It’s also advisable to have a buffer for unexpected expenses or emergencies. A good rule of thumb is that your total monthly car-related expenses (EMI, fuel, insurance, etc.) should not exceed 15% to 20% of your monthly income, to ensure that your finances remain stable.
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