Are you planning to buy a Triumph Tiger 900 GT? Here is a complete explanation of EMI for buyers. & more related news here

Are you planning to buy a Triumph Tiger 900 GT? Here is a complete explanation of EMI for buyers.

 & more related news here


The Triumph Tiger 900 GT is a premium road-focused adventure motorcycle, powered by a powerful three-cylinder engine, including a wide range of robust technology-assisted features. Known for its long-mile comfort, the Triumph Tiger 900 GT features an adjustable display, plush seats, cornering ABS, and traction control, among others. The Triumph Tiger 900 GT is designed for riders looking for a versatile, comfortable and well-equipped premium adventure tourer that offers powerful performance.

In recent years, the demand for adventure tourists has been increasing in India, due to rapidly evolving consumer preferences. The young generation of consumers is increasingly focusing on these motorcycles. Trumph, a leading premium two-wheeler manufacturer, is aiming to carve a niche in this space and the Tiger 900 GT is a key product in this category.

The Triumph Tiger 900 GT is priced at $14.40 lakh (ex-showroom). If you have been planning to buy this motorcycle and are wondering about the possible EMI that you will have to pay every month, here is a quick calculation for it.

(Also Read: Planning to buy Triumph Speed ​​400? Here is the complete EMI calculation for buyers)

For this monthly EMI calculation, we have considered the loan amount as 100% of the ex-showroom price of the motorcycle, which is $14.40 lakhs. The amortization periods considered are 24 months and 36 months. On the other hand, the interest rate considered is 9.5%.

If you opt for 24 months payment term, the monthly EMI for Triumph Tiger 900 GT will be $66,117, while for a payment term of 36 months, the monthly EMI will be $46,127. In the first case, the total interest to be paid will be $146,805, which will increase to $220,588 in the case of 36 months.

However, buyers must remember that the monthly EMI may vary depending on multiple crucial factors, including the down payment made, loan amount taken, interest rate, repayment term selected, etc.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *