Kia EV5 2024 530 Land2-year loan
It is a wise consumption strategy for car buyers to choose installment payment. When considering KIA EV5 2024 530 Land, let’s have a deep understanding of the specific cost composition. The starting price of this model is 149,800 yuan, but if you want to buy it in installments, you need to know the cost details as follows:
- Bare car price: 174,800 yuan.
- Down payment ratio: 30%, or 52,440 yuan.
- Loan interest rate: 4.75%
- Monthly payment: 5,354 yuan
- Necessary expenses: including purchase tax (0 yuan here because of different models), licensing fee (500 yuan), vehicle and vessel use tax (0 yuan) and compulsory insurance (950 yuan).
- Commercial insurance: 6,067 yuan in total, including third party liability insurance (1 million yuan), vehicle loss insurance, car body scratch insurance (2,000 yuan) and vehicle personnel liability insurance (drivers and passengers total 220 yuan).
- Total loan price: bare car price plus necessary expenses and commercial insurance, totaling 188,453 yuan.
- Total interest: 6,136 yuan
Through these data, you can know the installment purchase cost of KIA EV5 2024 530 Land. Please note that the above fees may vary due to regional and policy changes, and it is recommended that you consult your local dealer for the most accurate quotation. Finally, add up the down payment, monthly payment, necessary expenses and commercial insurance, and you will get the complete landing price, totaling 188,453 yuan.