Buy New Toyota Glanza Hatchback Car At Just Rs Per Month EMI

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Introduction

The Toyota Glanza has been a popular choice among car enthusiasts who seek a blend of style, comfort, and affordability. As we step into 2024, the base model of the new Toyota Glanza continues to attract attention. In this article, we’ll explore what it takes financially to own this vehicle, considering the Indian market.

Engine & Mileage

Toyota Glanza

The 2024 Toyota Glanza base model is powered by a 1.2-liter Dualjet petrol engine, promising a mileage of approximately 22.35 kmpl. This efficient engine ensures that the Glanza is not just affordable to buy but also to run.

Ex-showroom Price

As of February 2024, the ex-showroom price for the base model of the Toyota Glanza starts at INR 6.86 lakh.

On-Road Price as of March 2024

The on-road price, which includes RTO and insurance costs, starts at approximately INR 7.70 lakh¹⁴.

Minimum Downpayment

For those looking to finance their Glanza, a minimum downpayment of INR 50,000 is expected¹⁸.

Monthly EMI & Yearly EMI for 5 Years Max

The monthly EMI for a 5-year loan tenure is estimated to be around INR 13,270, leading to a yearly EMI of approximately INR 159,240.

Estimated Monthly and Yearly Salary / Income

To comfortably afford the Glanza, a buyer should ideally have a monthly salary of at least INR 40,000, which translates to an annual income of around INR 4.8 lakhs. This is based on the average salary in India, which is around INR 3,87,500 per year.

Exterior Looks

The Glanza boasts a contemporary design with sleek lines and an aerodynamic shape. The base model comes with impressive standard features that enhance its overall appeal.

Interior Features

Inside, the Glanza offers a spacious cabin with modern amenities such as a touchscreen infotainment system, steering-mounted controls, and comfortable seating for five.

Safety Features

Safety is paramount in the Glanza, with features like dual airbags, ABS with EBD, and rear parking sensors as standard across all variants.

Also Read THis: Upcoming Maruti Grand Vitara EV What to Expect?

Pros & Cons

Pros:

  • Fuel-efficient engine
  • Spacious and comfortable interior
  • Competitive pricing

Cons:

  • Limited advanced safety features in the base model
  • No diesel engine option

Conclusion

The 2024 Toyota Glanza base model remains an attractive option for those seeking a budget-friendly yet stylish hatchback. With its efficient engine, reasonable on-road price, and manageable EMIs, it’s a car that offers great value for money.

EMI Plan

FeatureDetails
Engine & Mileage1.2-liter Dualjet petrol engine, 22.35 kmpl mileage
Ex-showroom Price (Feb 2024)INR 6.86 lakh
On-road Price (Mar 2024)INR 7.70 lakh (approx)
Minimum DownpaymentINR 50,000
Monthly EMI (5 years loan)INR 13,270 (approx)
Yearly EMI (5 years loan)INR 159,240 (approx)
Recommended Monthly SalaryINR 40,000 (approx)
Recommended Annual IncomeINR 4.8 lakh (approx)

FAQs

1. What are the financing options available for the Toyota Glanza?

While a minimum down payment of ₹50,000 is mentioned, exploring different financing options offered by banks and dealerships can provide a clearer picture on interest rates and loan structures.

2. Are there any hidden costs associated with buying a Glanza?

Beyond the on-road price, there might be additional costs like registration charges, road tax variations depending on the state, extended warranty options, and accessories.

3. What are the maintenance costs associated with the Glanza?

Scheduled maintenance costs can be obtained from authorized Toyota dealerships. Budget for periodic servicing and potential wear-and-tear part replacements.

4. Does the Glanza base model offer a CNG option?

The information provided focuses on the petrol engine. While higher variants might offer CNG, clarify if CNG is available in the base model.

5. What are the boot space dimensions of the Glanza?

Boot space is a crucial factor for some buyers. Include the boot space dimensions to give readers a better idea of cargo capacity.

6. What color options are available for the Glanza base model?

Specifying the color options available in the base model can be helpful for readers who have a preference.

7. Does the Glanza base model come with a music system?

While an infotainment system is mentioned, clarify if the base model comes with a music system and its functionalities (radio, Bluetooth etc.).

8. How does the Glanza handle city driving and highway commutes?

Adding details on the Glanza’s driving experience in different scenarios can be informative for potential buyers.

9. What are the warranty coverage details for the Glanza?

Standard warranty coverage details will be helpful for readers to understand after-sales service aspects.

10. How does the Glanza compare to other hatchbacks in a similar price range?

A brief comparison with competitors in terms of features, performance, and price can help readers make a more informed decision.

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