Are you contemplating the purchase of a high-range electric scooter that not only boasts impressive looks but also offers stellar performance? In that case, Ather Energy’s premium scooters, the 450X and 450 Apex, could be excellent choices. With a mere down payment of ₹25,000, you can opt for financing on either the Ather 450X or 450 Apex. Let’s delve into the details of the loan, down payment, and EMI to help you make an informed decision.
Ather Electric Scooter Finance
For those considering a premium electric scooter in India, Ather Energy holds a significant position in the market, following the likes of Ola Electric, TVS, and Bajaj. Ather electric scooters stand out not only for their striking design and features but also for their impressive battery range, making them a favorable choice in terms of speed and performance. If you’re contemplating financing the Ather 450X or Ather 450 Apex models instead of making an outright payment, the process is relatively straightforward.
You can kickstart the financing process by making a down payment of just ₹25,000 for either of these premium electric scooters. Subsequently, you can avail of a loan for the remaining amount at a fixed interest rate for a duration of 3 years, with the option to pay the balance through monthly EMIs. Let’s first look at the pricing and features of the Ather 450X and Ather 450 Apex.
Ather Electric Scooter Models and Features
In India, the Ather 450 Apex is priced at approximately ₹1.89 lakh, while the Ather 450X is available at showroom prices ranging from ₹1.26 lakh to ₹1.29 lakh. Both models offer a battery range of 150 to 157 kilometers per charge and a top speed ranging from 90 kmph to 100 kmph. Ather electric scooters are renowned for their superior design and features compared to other options in the market.
Ather 450 Apex Loan, Down Payment, and EMI Details
For the Ather 450 Apex, with an on-road price of around ₹2 lakhs, making a down payment of ₹25,000 means you’ll need to take a loan of approximately ₹1.75 lakhs. If you opt for a 3-year loan tenure at a 9% interest rate, your monthly EMIs will be around ₹5,565. Keep in mind that the interest accrued on this premium electric scooter will be over ₹25,000.
Ather 450X Loan, Down Payment, and EMI Details
As for the Ather 450X 3.7 kWh Gen 3 variant, with an on-road price of ₹1,36,008, a down payment of ₹25,000 implies a loan amount of approximately ₹1.11 lakhs. Choosing a 3-year loan tenure with a 9% interest rate will result in monthly EMIs of around ₹4,325. Expect an interest of approximately ₹20,000 on the Ather 450X.
Before finalizing your decision to finance an Ather scooter, it is advisable to visit an Ather Energy showroom to gather all the necessary information. Sometimes, showroom visits may reveal additional insights that could influence your choice. Ensure that you make an informed decision considering your financial capacity and preferences. Happy riding!