The sub-compact SUV segment is the most competitive segment of the Indian passenger vehicle market. and have introduced their respective offerings, and , in this category. Both these SUVs were launched as an attempt to grab a sizeable chunk of the market pie, where they compete with other well-established rivals like Maruti Suzuki Brezza, Hyundai Venue, Tata Nexon, Mahindra XUV 3XO, etc.
The Kia Syros is priced between ₹8.67 lakh and ₹15.94 lakh (ex-showroom). On the other hand, the Skoda Kylaq comes priced between ₹7.59 lakh and ₹12.99 lakh (ex-showroom). The aggressive pricing strategy pits these two SUVs against each other in a highly competitive manner.
If you have been planning to buy a sub-compact SUV, and both the Kia Syros and Skoda Kylaq are in your shortlist, here is a quick look at the monthly EMI comparison for the top-end trims of both models.
To calculate the monthly EMI, we have considered the top-end trim of both the SUVs, which are the Kia Syros HTX+ (O) diesel AT and Skoda Kylaq Prestige+ Petrol Turbo AT, priced at ₹15.94 lakh (ex-showroom) and ₹12.99 lakh (ex-showroom), respectively. The loan amounts are considered as 100% of the ex-showroom prices, while the rate of interest considered is 9.5%. The repayment tenures considered are 36 months, 48 months, and 60 months.
As per the calculation, you have to pay ₹51,057 for a 36-month tenure for owning the Syros, while the amount will be ₹40,044 and ₹33,475 for 48-month and 60-month repayment tenures, respectively. On the other hand, to own the Skoda Kylaq, the monthly EMI for a 36-month tenure will be ₹41,611. For 48-month and 60-month tenures, the monthly EMI will be ₹32,635 and ₹27,281, respectively.
