TVS Ntorq 125 Price Increase: What It Means for Buyers
The TVS Ntorq 125 has long been celebrated as one of India's most sporty and performance-oriented scooters, carving a significant niche for TVS Motor Company in the competitive scooter segment. Recently, this popular model has undergone a price adjustment, with a hike of ₹350 applied uniformly across all its variants. This revision elevates the ex-showroom price range to ₹81,250-₹100,150, up from the previous ₹80,900-₹99,800. Despite this increase, industry analysts suggest it is unlikely to deter potential buyers, given the scooter's strong market reputation and loyal customer base.
Detailed EMI Calculations for TVS Ntorq 125
For consumers considering financing their purchase, understanding the monthly Equated Monthly Installment (EMI) is crucial. Below, we provide a comprehensive breakdown based on the top-end XT variant, now priced at ₹100,150 ex-showroom after the revision. The calculations assume a loan covering 100% of the ex-showroom price, with two common interest rates and repayment tenures considered.
EMI Table Overview:
- Price (ex-showroom): ₹100,150
- Loan Amount: ₹100,150 (100% of price)
- At 7.5% Interest Rate:
- 12-month tenure: Monthly EMI ₹8,689, Total Interest ₹4,115
- 24-month tenure: Monthly EMI ₹4,507, Total Interest ₹8,011
- At 8.5% Interest Rate:
- 12-month tenure: Monthly EMI ₹8,735, Total Interest ₹4,671
- 24-month tenure: Monthly EMI ₹4,552, Total Interest ₹9,107
Analysis of EMI Scenarios
In the first scenario with a 7.5% interest rate, opting for a 12-month repayment plan results in a monthly EMI of ₹8,689, accumulating a total interest of ₹4,115. Extending the tenure to 24 months reduces the monthly burden to ₹4,507, but increases the total interest paid to ₹8,011. When the interest rate rises to 8.5%, the 12-month EMI slightly increases to ₹8,735 with total interest of ₹4,671, while the 24-month option requires ₹4,552 per month and totals ₹9,107 in interest. These figures highlight how longer tenures lower monthly payments but escalate overall interest costs, a key consideration for budget-conscious buyers.
It is important to note that these calculations are based on standard assumptions and actual terms may vary depending on the lender and individual credit profiles. The modest price hike of ₹350 is seen as a minor adjustment in the broader context of vehicle financing, unlikely to significantly alter consumer decisions for this high-performance scooter.
