Honda Activa 110 Cheapest Variant: EMI Buying Guide
If you’re planning on buying a Honda Activa 110 on EMI, this guide will help you make the right decision
The Honda Activa 110 is India’s highest-selling scooter and it comes at Rs 74,369 (ex-showroom, Delhi) for the base Standard variant. The on-road price in Delhi is Rs 89,682.
If you’re planning on buying it on EMI, then this guide is for you. We have given a detailed breakdown of how much EMI you will have to pay depending on the loan tenure, with a fixed downpayment of Rs 20,000:
18-Month Loan Tenure
With an 18-month loan tenure (1.5 years), you will have to pay an EMI of Rs 4,175, which is slightly higher than what you would be paying with a longer tenure. But the main benefit here is that you’ll be paying lower interest overall. The interest amount, in this case, comes to Rs 5,468, and the total amount payable will be Rs 95,150 when buying the Honda Activa 110.
2-Year Loan Tenure
If you’re looking to pay a slightly lower EMI, you can opt for the 2-year (24 months) loan scheme. With this scheme, you will be paying Rs 3,206 as EMI but the interest amount is slightly higher, coming to Rs 7,262. Compared to the 18-month scheme, you will be spending Rs 969 less every single month. The consequence of this is that you will be paying Rs 1,794 extra as interest.
3-Year Loan Tenure
For the lowest monthly EMI, you can go for a 3-year loan. In this case you will be paying Rs 2,239 as the monthly EMI, which is Rs 1,936 less every month compared to the 18-month loan scheme. But on the flipside, the interest is higher in this case, coming to Rs 10,922. This is Rs 5,454 higher than what you’d be paying with the 18-month scheme.
BikeDekho Says
Buying a scooter on loan is a good way to reduce the load of up-front payment. In our opinion, the 2 year scheme is the best option out of the three. It allows you to pay less per-month while also not spending too much on interest.
It is important to note that apart from the fixed downpayment, the interest rate has been taken as 9.7 percent, which is the standard rate. The interest rates in real-world scenarios will vary depending on a wide range of factors - from bank policies to your CIBIL score. We suggest reaching out to your bank for more details about loan schemes. If you would like to perform similar calculations like we’ve done above, you can check out our EMI calculator here.
We may have taken the cheapest variant in this case, but if you’re looking to buy mid- or higher-end variants, here’s our clear-cut variant explainer. Also, in a recent development, Honda crossed the 35 million sales milestone for the Activa, with over 20 million units of the scooter sold in the last decade alone.
Honda Activa User Reviews
- I can't explain my feelings for this vehicleYes, There are so many things why I choose this scooter, first of all the colours like feel attractive and cool. Looks like classic and design is too good. comfort is excellent, overall nice experience. Universally trusted, relaxed and stable city ride. With its smooth linear acceleration (ideal between 40-70 km/h), effortless automatic CVT transmission and comfortable upright seating. It dominates Indian roads. Yes always, because this is the most classic and like always feel comfortable for any long and short travelling so I always recommend this vehicle and I personally feel too good that's why I purchased. Thank you.Read More
- I really like the body material used in the scottyI am using this when I was 10 years old because I saw my parents also use the same. I am updating every time when it come with updated version of this scooty from 3G now coming to 7G is not a small thing we had a trust on Honda. It will give you a good comfort, mileage and the premium vibe at the time of your riding. The confidence you will carry at the time of delivery matters and you can feel the same in this model that's important. I would 100% recommend it. It is truly value for money and I enjoyed each and every feature it has. That is all up to the mark and you will definitely enjoy the comfort this scooty would give you after the purchase.Read More2 5
- Reliable, Comfort and Cost effectiveI just wanted to go for a reliable and comfort ride for my office and family requirements. After hunting for a week I just got an option of Honda Activa. And without a doubt I went for it because it matches my requirement. Till date, my experience is awesome and positive in terms of its usage. it has smooth and slick look and ride even in gurgaon traffic. Leg space is good. I can travel easily with my family on it hasslefree. Being cost effective, and good post sale service I would recommend this Honda Activa to those people who wants a comfortable ride and less maintenance requirement. Its mileage is too good. Any one can have it without a doubt.Read More6 2
- My review of Activa.Wanted eco friendly two wheeler for a beginner for city uses. Also the ride is very comfortable, little good for any household uses also low maintenance cost with high fuel efficiency. Overall good for medium users. Ride is overall comfortable that two wheeler gives very good fuel efficiency all the it has run through the city only but has done more than 3 lakh kilometres on the odometer very low maintenance cost make it pocket friendly. Yeah I would recommend this two wheeler to a beginners good for riders who are looking for two wheeler with handle power and for medium uses just for daily up and down, also if you are not looking for a shiny sports bike this is a perfect choice and does everything literally everything.Read More5 2
- Good to go product....Metal boy is very good, with stylish look, Market dominance and trust, sold 2.7lakh units in a month as per research, exceptional resale value, i just love the product, for my day to day commute to office Super smooth engine, the biggest win is the ACG silent start, there is no 'khich khich' sound when you start and better handling, breaking, brake system, when you grab a just rear break it distributes force to the front. Yes, i would highly recommend this scooter because as will go daily office, it is very easy to maintain and good helmet storage, leg keeper. and most importantly budget friendly amongst other scooter, just go for it.Read More6 12
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