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Old 17th August 2005, 11:41   #16
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Quote:
Originally Posted by observer
90K is too good. Can u break it up?

Here it is 50k dealer discount and 11618/- finance co's cash back.
July '05 Kolkata - Baleno LXi
---------------------------

Ex-showroom 592690
Insurance 22254
Registration/Road Tax 35883
----------------------------------------
Total 650827


Discounts

Finance cash back 22500 - assumed a 5L loan
Finance flat discount 2000 - u get this if you go for any loan
Insurance 22254 - they pay insurance
Dealer discount 5000
Corporate discount 10000 - for some listed companies
MGAccessories 28000 - they would give it back as cash discount
----------------------------------------
Total 89754


Net on road 561073

hope this helps ....
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Old 17th August 2005, 11:50   #17
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@shuvc, at what rate was the car financed?
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Old 17th August 2005, 11:57   #18
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Quote:
Originally Posted by observer
@shuvc, at what rate was the car financed?
lemme clear up a possible confusion .. it was just a quote I got .. haven't bought the car :(

interest rate quoted was 4.5% for a 5 year loan .. i guess that would be simple interest ..
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