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 LOVE THIS BIKEThe engine runs soft for many year. Service cost is low and spare part can available easily anywhere. Comes with comfortable seat and large floor board and it has very best mileage and it holds a strong resale value. Low end torque makes it easy to pull from anywhere. It stands still in heavy traffic. It comes with telescopic front suspension and it handles rough patches better than older models through the ride can still feels firm on bad roads. Smooth engine. 109.51cc engine runs quitly and handles stop and go city traffic well. It holds strong market trust and resale value in India. The sturdy metal construction offers a solid and durable feel.Read More1
- if ask any other men I will recommend thisAmazing bike / Scooty and very comfortable to ride easy maintenance friendly in every movement stylish and easy functional better mileage road worthy easy to handle in every movement no other machines to beat this engine. Very Spocicated machine and easy comfortable riding good mileage after riding 50000 Km still my Machine is working without any expediture and running of this bike no any other company machine to beat this engine which is amazing. Yes I am still interested to buy till my last years of life because it's very good after riding 60Km to 80 kms in a day no tiredness and handling of this Scooty/bike very very comfortable in any manner very Sophisticated and Road worthy.Read More1
- it is best in segment for me and very value for money.When I bought this I think I will regret but because it's competitors like jupiter, Honda dio, ntorq, suzuki access. Have more features, more space but I didn't regret because in one litre of petrol, I get the average of 55km which is quite good according to my driving style because my driving style is little aggressive and with less features, it is more reliable and a very good torque which I feel in every throttle.Read More1
- Best high performance scooterSmooth engine & performance: Honda ka technology engine bohot quiet aur smooth hai. Initial pickup accha hai aur city traffic me chalana bohot aasan hai. Behtaren Mileage: Daily ride me 45–52 kmpl tak ka mileage aaram se mil jata hai, jo city commute ke hisaab se kaafi budget-friendly hai. Build quality & safety: Full metal body hone ki wajah se scooter bohot sturdy aur durable lagta hai. Telescopic suspension ke kaaran kharab sadkon par bhi accha comfort milta hai.Read More7 1
- best machine in ridingThis scooty is not just a machine, this is emotion because honda provide best quality, features and easy to ride for everyone. Best service all over India. We can buy with easy emi option, realible and fanbase trust is most important. I ride this scooty over 5000 km in my city, village and offroad. Gives mileage of about 49 km/pl. The best ride on highway. It is easy to ride the maintainance cost is low. It provides excellent performance. Yes, ofcorse I recommend this bike to eveyone for realible, comfortable, best quality and many more. I have purchased this scooty many years ago and now this scooty is providing best service in my family. Every person can ride easily. It is best scooty for everyone.Read More4 2
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