Chinese cars aren’t the only cheap option, and this Korean SUV for €90 per month proves that

The Chinese auto industry is taking over the market whether we want it or not, and the key to achieving this is to offer a product with a very attractive quality-to-price ratio in these times of inflation. However, it is not the only option, and this is what the Hyundai i10 explained, A small car can end up in our possession for 90 euros per month.

Despite the validity of access to this offer, it is so Necessary to accept the financing terms proposed by the brandThis is not as terrible as in other cases. However, we still have to read the fine print and see if it fits our economy or not.

However, another point to take into consideration is the configuration associated with the Hyundai i10. To make it ours for less than 100 euros per month, we have to prepare Essence paint and 1.0 MPI engine with 66 hpi.e. access group.

Thus we find standard equipment consisting of elements such as 14-inch wheels, LED headlights, manual climate control with air filter, multi-function steering wheelAnd a control panel with a 4.2-inch TFT display and an 8-inch touch screen with the ability to connect to Apple CarPlay, Android Auto and others.

In terms of mechanics, the i10 in question uses a 1.0-liter naturally aspirated three-cylinder engine with 66 horsepower And 96 Nm of torque. These are very modest figures, but they are compensated not only by the simplicity of the engine and the low cost of its maintenance, but also by a reported combined consumption of only 5 liters per 100 cars.

But what does Hyundai ask of us so that we can get the i10 for 90 euros per month? The first is an entry of €5,359, an exchange that gives us access to 47 installments of €90 and a final final of €6,807.44. To this we must add a Tax Identification Number (TIN) of 6.49%, an Annual Interest Rate (APR) of 8%, and a cash-out formalization commission of €336.79.

In this way we find ourselves with an interest of 2,056.44 euros, a number that causes this The total price in installments is 16,733.23 euros. Although it may be a high number if we take into account power and finish, it is not unreasonable compared to the €16,340 that Hyundai is asking for an i10 of the same configuration but paid in cash.