How much is down payment when buying Volkswagen Taigun car?
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| Volkswagen Taigun Variants | Exshowroom Price | Down Payment |
|---|---|---|
| Volkswagen Taigun 1.0 TSI Comfortline | ₹ 11,61,900 | ₹ 1,74,285 |
| Volkswagen Taigun 1.0 TSI Highline | ₹ 13,73,900 | ₹ 2,06,085 |
| Volkswagen Taigun 1.0 TSI Highline AT | ₹ 15,28,900 | ₹ 2,29,335 |
| Volkswagen Taigun 1.0 TSI Topline | ₹ 15,83,900 | ₹ 2,37,585 |
| Volkswagen Taigun 1.5 TSI GT | ₹ 16,29,900 | ₹ 2,44,485 |
| Volkswagen Taigun 1.0 TSI Topline AT | ₹ 17,34,900 | ₹ 2,60,235 |
| Volkswagen Taigun 1.5 TSI GT Plus | ₹ 17,79,900 | ₹ 2,66,985 |
| Volkswagen Taigun GT 1.5 DSG | ₹ 16,98,900 | ₹ 2,54,835 |
| Volkswagen Taigun GT Edge Limited Edition Carbon Steel Grey Matte | ₹ 18,19,900 | ₹ 2,72,985 |
| Volkswagen Taigun GT Edge Limited Edition Deep Black Pearl | ₹ 17,99,900 | ₹ 2,69,985 |
| Volkswagen Taigun GT Edge Limited Edition DSG Deep Black Pearl | ₹ 19,25,900 | ₹ 2,88,885 |
| Volkswagen Taigun GT Plus 1.5 MT (Electric Seats) | ₹ 18,15,900 | ₹ 2,72,385 |
| Volkswagen Taigun GT Plus 1.5 TSI DSG | ₹ 19,05,900 | ₹ 2,85,885 |
| Volkswagen Taigun GT Plus 1.5 TSI DSG (Electric Seats) | ₹ 19,35,900 | ₹ 2,90,385 |
| Volkswagen Taigun GT Plus 1.5 TSI DSG (With Ventilated Seats) | ₹ 19,05,900 | ₹ 2,85,885 |
| Volkswagen Taigun GT Plus Edge Carbon Steel Grey Matte (Electric Seats) | ₹ 18,55,900 | ₹ 2,78,385 |
| Volkswagen Taigun GT Plus Edge Deep Black Pearl (Electric Seats) | ₹ 18,35,900 | ₹ 2,75,385 |
| Volkswagen Taigun GT Plus Edge DSG Carbon Steel Grey Matte | ₹ 19,45,900 | ₹ 2,91,885 |
| Volkswagen Taigun GT Plus Edge DSG Carbon Steel Grey Matte (Electric Seats) | ₹ 19,75,900 | ₹ 2,96,385 |
| Volkswagen Taigun GT Plus Edge DSG Deep Black Pearl (Electric Seats) | ₹ 19,55,900 | ₹ 2,93,385 |
| Volkswagen Taigun Sport (GT DSG) | ₹ 21,10,000 | ₹ 3,16,500 |
| Volkswagen Taigun Topline 1.0 TSI AT (Electric Seats) | ₹ 17,59,900 | ₹ 2,63,985 |
| Volkswagen Taigun Topline 1.0 TSI MT (Electric Seats) | ₹ 16,02,900 | ₹ 2,40,435 |
| Volkswagen Taigun Trail (GT MT) | ₹ 18,50,000 | ₹ 2,77,500 |
Down Payment is nothing but a type of payment made in cash during the onset of the purchase of an expensive good/service. The payment typically represents only a percentage of the full purchase price; in some cases it is not refundable if the deal falls through. Financing arrangements are made by the purchaser to cover the remaining amount owed to the seller. Making a down payment and then paying the rest of the price through installments is a method that makes expensive assets more affordable for the typical person. For example, because houses are extremely expensive assets, home buyers typically pay down payments that equal 5-25% of the total value of a home. The remaining 75-95% of the price will be covered by a bank or other financial institutions through a mortgage loan. The main purposes of a down payment are to ensure that the lending institution has enough capital to create money for a loan in fractional reserve banking systems and to recover some of the balance due on the loan in the event that the borrower defaults.