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Nissan Sunny & Micra Available With 40% Less EMI
Nissan India has announced the "lower than the lowest" finance scheme for those looking to purchase Sunny or Micra. The offer which is available till April 30, 2013, will lower payment of EMI amount by up to 40 percent. The EMI amount for the Micra petrol and diesel and Sunny diesel is Rs. 8,999 over a three year period. The buyer also gets additional options such as down payment of 34 percent of the amount or get an additional discount of Rs. 50,000 on exchange of an old car.
Press Release
NISSAN INTRODUCES "LOWER THAN THE LOWEST" EMI SCHEME FOR SUNNY & MICRA
- The scheme offers up to 40% less EMI -
Bangalore, India (April 16, 2013) - Nissan announced a "lower than the lowest" Equal Monthly Installment (EMI) scheme for its potential customers in India. This exciting scheme is designed to reduce the monthly EMI outflow of the customer by up to 40%. The offer is valid till April 30, 2013.
EMI on the Micra (Petrol & Diesel) and Sunny Diesel is Rs. 8,999 on a three year loan which is lower than the EMI of any other vehicle in these segments. The customer has an option to choose down payment of 34% on the on-road price or exchange their old car and get an additional exchange bonus of up to Rs. 50,000. The customer can also extend the scheme to include the customised EMI plan for the 36th month.
The scheme is very transparent and is based on the trade-in of a used car. The scheme is valid for a period of three years as it takes into account the need of the customer to upgrade to a new car. It is a strong value proposition in terms of offering the lowest total cost of ownership.
Speaking on the offer, Mr. Nitish Tipnis, Director - Sales & Marketing, Hover Automotive India (National Sales Company for Nissan India) said, "Our lowest EMI Scheme offered last month was a huge success and reflected the sentiments of the customers, so we further enhanced the value proposition to make it more exciting and affordable.
"From Nissan's perspective it is extremely critical that we provide customers a perfect scenario to buy world-class vehicles. We believe that this EMI offer will encourage consumers to travel in comfort and style."
Nissan has tied up with all leading auto financiers such as HDFC, Tata Capital, ICICI Bank and Kotak Mahindra Bank. The customer will pay the respective financial institution an EMI for a period of 35 months and the EMI for the last 36th month will be a larger amount EMI that can be customized to make it affordable.
About Nissan Motor India Pvt. Ltd.
Nissan Motor India Private Ltd. (NMIPL) is a 100% subsidiary of Nissan Motor Co. Ltd. Japan. The company was incorporated in 2005 and offers innovative and exciting products across hatchback, sports, SUV and sedan segments in India. Nissan together with its global alliance partner Nissan set up a manufacturing plant and a Research & Development Centre near Chennai. Nissan has appointed Hover Automotive India Pvt. Ltd. as a sole distributor for India to handle sales and marketing, dealer development, customer relationship,management and after sales. NMIPL registered sales of 33,270 units in FY 2011. For more information, visit www.nissan.in.
About Hover Automotive India
Hover Automotive India (HAI) is the national sales company (NSC) of Nissan Motor Co. Ltd (NML), Japan acting as the sole and exclusive distributor for managing the marketing, sales, after-sales service, training & dealer development functions for the entire territory of India. HAI functions as an independent company to accelerate the sales and build customer touch points across India for the Nissan brand of vehicles.
HAI was formed by three global entrepreneurs. Mr. Moez Mangalji, proprietor of global hospitality chain Westmont Group, Mr. G.M. Singh, founder and Chairman of the Mumbai based GMS group and Mr. Kevin Whalen, founding member of the US based fortune 500 company ‘Group One Automotive.' Together, these eminent entrepreneurs form HAI's board of directors and bring with them world class expertise of aligning with global brands to deliver unmatched speed to market and unparalleled customer service. For more details visit: www.hai.net.in
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