The new Toyota Hilux has received a significant design and feature update, while the powertrain remains unchanged. (REUTERS)

Planning to buy the new Toyota Hilux? Here’s your complete EMI guide

has just received its latest generational avatar in India. The ninth-generation Toyota Hilux is available in three variant options in India, priced between 31.99 lakh and 36.69 lakh (ex-showroom). The new Hilux has received a significant design and feature update, while the powertrain remains unchanged. However, now the Hilux is available only in the automatic transmission option.

The iconic lifestyle pickup truck’s updates have made it more premium and appealing to consumers than the previous generation. It comes as a niche product meant for those customers who seek more than just a conventional premium SUV. The Hilux can perform off-roading tasks without a second thought with its extreme go-anywhere capabilities and highly powerful powertrain. On the other hand, Toyota has given it a thoughtful and practical makeover to keep it ready for daily duties.

If you are planning to buy the Toyota Hilux and wondering about the possible monthly EMI, here is a quick and comprehensive guide for you to aid the buying decision.

Toyota Hilux: How much monthly EMI to pay

To calculate the monthly EMI for the new-generation Toyota Hilux, we have considered all three variants of the pickup truck, which are the 4×4 GX AT, 4×4 GX AT, and 4×4 VX AT, priced at 31.99 lakh, 33.69 lakh and 36.69 lakh (ex-showroom), respectively. The loan amount has been considered as 100% of the ex-showroom price, while the rate of interest has been considered as 9.5% and the repayment tenure has been considered as 60 months.

According to the calculation, the base variant of the Hilux will command a monthly EMI of 67,185, while the mid trim will command a monthly EMI of 70,755. On the other hand, to own the top-end trim, you have to pay a monthly EMI of 77,056.

However, remember that the monthly EMI may vary depending on multiple factors, like the amount of loan taken, down payment made, rate of interest, repayment tenure selected, etc.

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