Are you thinking of buying a brand new Kia Syros but are bothered by the differently priced components, taxes and additional costs? 🤔 Well, you are not alone! The Kia Syros has become one of the most talked-about models in India, and it is no surprise considering the features and value it offers. In this post, we will detail everything you need to know about the Kia Syros price in India, including on-road tax, GST, insurance, EMI options and more. Let’s get started! 🌟
Overview of Kia Syros 🚙
The Kia Syros is a stunning new car in Kia’s lineup, offering a blend of style, advanced technology and great performance. This crossover SUV has quickly gained popularity in India, becoming a popular choice among car enthusiasts and everyday drivers. The Syros is available in multiple variants, each of which offers a wide range of features and specifications to suit different needs. With attractive design elements, great safety features, and a powerful engine, it is clear why the Kia Syros is making waves.
Kia Syros Price in India 💸
Now, coming to the big question – what is the Kia Syros price in India? The ex-showroom price of the Kia Syros can vary depending on the variant you choose. While the base model is priced attractively, the top-end variants come with additional features and thus, are priced higher.
- Kia Syros Base Variant: ₹12.99 Lakh (Ex-showroom)
- Kia Syros Mid Variant: ₹14.50 Lakh (Ex-showroom)
- Kia Syros Top Variant: ₹16.75 Lakh (Ex-showroom)
(Note: The prices mentioned above are approximate and subject to change depending on the city, dealership, and ongoing offers.)
Each variant offers a range of features, from advanced safety systems to premium interiors, so you can choose the one that fits your budget and lifestyle.
On-Road Price Breakdown 🛣️
When you look at the ex-showroom price of the Kia Syros, it is important to remember that the on-road price will be slightly higher. Here are the details on how the on-road price is calculated:
- Ex-showroom price: This is the cost of the car at the dealership before any additional charges.
- Road Tax: This is a mandatory tax levied by state governments. The percentage varies by state and is typically around 10-15% of the ex-showroom price.
- Registration Fees: A one-time charge for registering the car in your name.
- Insurance: Both mandatory third-party insurance and comprehensive coverage options are available.
- Other Charges: This could include handling charges, delivery charges, etc.
For example, in Delhi, the on-road price of the Kia Syros can go up to ₹15.50 lakh (for the base variant), while the on-road price for higher variants can exceed ₹18 lakh. 🏷️
GST and Other Taxes 🏛️
The Goods and Services Tax (GST) on automobiles in India plays a vital role in determining the overall cost. For the Kia Syros price in India, the GST rate is generally 28%, which is applicable to most vehicles in this segment.
Apart from GST, there may also be state-specific taxes or cesses, such as road safety fee, pollution cess, etc. which may affect the final price. 💵
Here’s how the GST impacts the price:
- GST (28%): The tax adds a significant chunk to the overall cost of the car. For instance, if the ex-showroom price of a Kia Syros is ₹12.99 Lakh, the GST component could be around ₹3.64 Lakh.
Insurance for Kia Syros 🚗💥
When buying a new car like the Kia Siros, it is important to keep in mind the cost of insurance. In India, car insurance is mandatory, and it is generally of two types:
- Third-Party Insurance: This is the minimum legal requirement and covers damages caused to others in case of an accident.
- Comprehensive Insurance: This covers both third-party liabilities as well as damages to your car.
For Kia Siros, insurance costs typically vary depending on the car model, city of registration, and the policy chosen. On an average, you could end up paying around ₹30,000 to ₹45,000 per year for comprehensive insurance for the base variant, while the cost goes up for higher variants. 🛡️
Some dealers also offer add-ons like zero depreciation cover, engine protection, and roadside assistance, which can further increase the premium but offer additional peace of mind.
EMI Options for Kia Syros 💳
Want to buy a Kia Siros but don’t want to pay the full amount upfront? No worries! There are multiple EMI (equated monthly installment) options available that can make the purchase easier on your pocket. Generally, car loans in India come with flexible repayment terms ranging from 12 months to 7 years.
Here is an example EMI for a ₹12.99 lakh Kia Siros (base variant) with a loan term of 5 years and an interest rate of 9%:
- Loan Amount: ₹12,99,000
- Interest Rate: 9% per annum
- EMI: Around ₹27,500 per month
This may vary depending on your down payment, loan term and the interest rate offered by the financial institutions. 📊💰
Additional Costs to Consider 🛠️
While the initial costs like Kia Siros price in India, insurance and EMI are most important, it is important to keep in mind the ongoing costs of owning a car:
- Service and maintenance: Kia offers an affordable service package, but regular maintenance is essential to keep your car running smoothly. The cost will depend on your usage and the specific repairs required.
- Spare parts and accessories: Genuine spare parts can be a little more expensive, but it is always better to opt for them to ensure quality and durability.
- Warranty: Kia offers a 3 year/1,00,000 km warranty for the Siros, which can help reduce repair costs in the initial years.
Closure
The Kia Syros price in India offers a competitive balance of affordability and luxury, especially when you consider the features, comfort and performance it offers. Whether you choose the base model or the top variant, you will have a great experience with the Syros. From on-road taxes and GST to EMI options and insurance costs, it is important to calculate all these expenses to understand your full financial commitment.
If you are looking for a stylish, reliable and tech-packed SUV that fits in your budget, the Kia Syros could be the perfect choice for you! 🙌
Want to try out the Kia Syros? 🚗💨 Visit your nearest dealership for a test drive today or visit their official website for more details on pricing, offers and EMI plans. Don’t miss out on this exciting vehicle!
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