@u4usman4u
This one was bought used (91/2 months old) last year for INR 3.35 lac incl. of tax/title/transfer charges.I've profiled the purchase under "An Indian used car lot" thread in this site!.Check it out!.....
This is what Hyundai is offering now on a brand new model!....
4th May , 2007
Hyundai Offers Santro at Rs 4990 EMI(monthly payment)
Special Finance Scheme for the Santro bucks rising interest rate trend
New Delhi, May 4, 2007: Hyundai Motor India Ltd, India’s largest auto exporter and the second largest car manufacturer, today announced a special finance scheme at national level for purchases of a range of Santro variants. In a tie-up with ICICI Bank, HDFC Bank and Kotak Mahindra Prime Ltd (KMPL), Hyundai is offering loans on unusually easy terms resulting in an EMI as low as Rs 4990.
The duration of the scheme is from May 4 till May 18, 2007. The scheme is not applicable for Santro’s base variant (XK Non AC).
Making the announcement, Hyundai Motor India Vice-President for Marketing & Sales Mr. Arvind Saxena said: “Hyundai offers its customers yet another scheme that emphasises affordability! This scheme makes an exceptional quality product within the reach of all who aspire to own a compact car. At a time when car loans are available at high interest rate, Hyundai has gone out on a limb to offer an interest rate so low that the EMI would be within reach of almost all our customers who want to own Santro. This has been possible with the support of our dealers and financiers”
http://www.hyundai.co.in