Question 1

What will be the lowest down payment for Honda Livo?

Accepted Answer

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the  and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Honda Livo includes the RTO and insurance charges.

Question 2

What will be the monthly EMI for Honda Livo?

Accepted Answer

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Honda Livo can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a bike loan is Rs. ₹86,039/- on an annual rate of interest of 10% for a tenure of 3 years then 
EMI = 86039 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 2,737/-
The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

Question 3

What will be the interest rate for Honda Livo?

Accepted Answer

The interest rate for Honda Livo primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

Question 4

What will be the EMI for 3 years tenure for Honda Livo?

Accepted Answer

EMI for Honda Livo for 3 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

Question 5

What is the engine displacement of Honda Livo?

Accepted Answer

The engine displacement of Honda Livo is 109.51 cc

Question 6

What is the Start type of Honda Livo?

Accepted Answer

Honda Livo has Kick and Self Start.

Question 7

What is the Tyre Type of Honda Livo?

Accepted Answer

Honda Livo has Tubeless tyres.

Question 8

What is the Power of Honda Livo?

Accepted Answer

The power produced by Honda Livo is 8.79 PS @ 7500 rpm

Question 9

What is the Torque of Honda Livo?

Accepted Answer

The torque available on Honda Livo is 9.30 Nm @ 5500 rpm.

Question 10

Does Honda Livo need a license?

Accepted Answer

Yes, it is required to have a driving license to drive Honda Livo.

Question 11

What is the Ex-Showroom Price of Honda Livo?

Accepted Answer

The Ex-Showroom price of Livo in Delhi is 83,080.

Question 12

What is the Body style of Honda Livo?

Accepted Answer

The Body Style of Livo is commuter.

Question 13

What are the Model versions of Honda Livo?

Accepted Answer

The model versions of Livo are Honda Livo Drum,Honda Livo Disc .

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