Finance Terms – Mahindra KUV100

Finance Terms & Conditions

Model Specifications Retail / Finance Amount Installment Price Interest rate Term (months) Deposit % Residual % Residual amount Finance amount Total Finance Cost
KUV100 Nxt K2 Petrol 148,999.00 1,899.00 10.95% 72 20.00% 30.00% 46,848.30 124,928.80 214,808.50
KUV100 Nxt K2 Petrol 148,999.00 2,399.00 10.95% 72 0.00% 35.00% 54,656.35 156,161.00 227,384.35
KUV100 K2+ #Dare Petrol 159,999.00 1,999.00 10.95% 72 20.00% 30.00% 50,148.30 133,728.80 227,508.50
KUV100 Nxt K6 Petrol 190,999.00 2,699.00 8.22% 72 0.00% 35.00% 69,356.35 198,161.00 263,684.35
KUV100 Nxt K6 Petrol 190,999.00 2,099.00 5.80% 72 10.00% 35.00% 69,356.35 178,344.90 240,300.45
KUV100 K6+ #Dare Petrol 199,999.00 2,599.00 10.95% 72 20.00% 30.00% 62,148.30 165,728.80 290,708.50
KUV100 Nxt K6 Diesel 219,999.00 2,799.00 10.95% 72 20.00% 30.00% 68,477.70 182,607.20 315,657.50
KUV100 Nxt K8 Petrol 213,999.00 2,799.00 10.95% 72 20.00% 30.00% 66,677.70 177,807.20 312,657.50
KUV100 Nxt K8 Diesel 239,999.00 3,099.00 10.95% 72 20.00% 30.00% 74,477.70 198,607.20 347,257.50

*Insurance Deal: Subject to Wesbank Finance only.

  1. Note, customers need to earn more than R 7,500pm in order to qualify for finance
  2. Actual installments on loans obtained from financial institutions will vary depending on: the current prime interest rate, the financial institution’s variables, the type, condition and age of the vehicle, your credit rating with the financial institution concerned, the respective initiation fees and the time period between the effective date of the loan and the first installment payable. Installments exclude bank initiation fee, monthly administration fee and any extras. Please note that you should seek appropriate financial advice before concluding any loan agreements.
  3. Retail pricing EXCLUDES On-The-Road charges (Licensing, Documentation Fees and Service & Delivery Fees)
  4. Calculated installments and the full financed amount INCLUDES On-The-Road charges (Licensing, Documentation Fees and Service & Delivery Fees), based on the retail price bracket, including VAT, as indicated below:
    Retail Price Bracket <R100k R100k - R200k R200k - R300k >R300k
    OTR Charges R6,306.00 R7,162.00 R8,260.00 R8,715.00
  5. If two different deals are applied to the same model, only one of the deals can be applied for.
  6. All vehicle prices quoted on this site are suggested retail prices only. Group 1 Mahindra reserves the right to change the prices at any given time. Please read the Terms of Use
  7. All vehicle specifications are subject to change without prior notice. Please read the Terms of Use

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