How to Buy a Tata Nexon Car Worth ₹9,84,025 in August 2025?

Buying a Tata Nexon is an exciting step toward owning a stylish and reliable vehicle. If you are looking to purchase a Tata Nexon with an on-road price of ₹9,84,025, here’s a simple guide to help you understand its overall cost and its impact on your finances.

Breakdown of the On-Road Price of Tata Nexon

The total on-road price of ₹9,84,025 includes various components:

• Ex-Showroom Price: ₹7,99,990
• Individual Registration Charges: ₹1,28,982
• Insurance: ₹54,553
• Other Minor Charges: ₹500

This gives you the complete amount you need to pay to get the car registered and insured to be driven legally on the roads.

Financing Your Tata Nexon: Loan and EMI Details

If you do not plan to pay the full amount upfront, a car loan is a practical option. Based on the loan amount of ₹9,84,000, here’s what you can expect with the financing:

• Loan Amount:₹787,200.
• Interest Rate: 8% per annum
• Loan Duration: 5 years

With this loan structure, your monthly EMI will be approximately ₹15,962. Over the course of 5 years, the total interest paid will amount to ₹1,70,495, making the total amount payable ₹ 9,57,695.

Interest Rates from Leading Banks

Different banks offer competitive rates on car loans. Here's a quick comparison:

Read more: IRDAI May Limit Health Insurance Premium Hikes: What It Means for ICICI Lombard.

Conclusion

Purchasing a Tata Nexon with an on-road price of approximately Rs. 9.84 lakh can be made affordable and manageable through a car loan with a reasonable interest rate of 8%. By budgeting for an EMI of about ₹15,000 per month over 5 years, you can enjoy your new car while keeping your finances in check.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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