Mahindra has now come up with a sleek new Gusto RS model. Official Mahindra distributor, Agni Moto launched its new Gusto RS model in Nepal at an attractive price of Rs. 1.67.500. The finance facility comes with a down payment of 35% to 40% with an interest rate of 17%.
The 109.6cc Mahindra Gusto RS is a 4-stroke single cylinder engine that is air-cooled and SI engine. Mahindra Gusto RS is capable of producing a maximum power of 6 kW (8.0 hp) at 7,500 rpm and a maximum torque of 9 NM at 5,500 rpm. It uses a CVT transmission for more usable power, better fuel economy and a smoother driving experience. Mahindra has stated that the Mahindra Gusto RS’s top speed is 80 km / h.
SEE:Terra Motors Electric Scooter Acuto Launched in Nepal at Rs. 2,35,000
Mahindra Gusto RS comes with a 6 liter tank capacity which allows a mileage of 45 to 55 kmpl. Mahindra Gusto RS may be one of the more fuel efficient scooters with a higher tank capacity than Hero Duet.
Mahindra Gusto RS weighs around 120kg and offers 165mm ground clearance with 770mm seat height. The ground clearance offered by this scooter is superior to that of all its competitors. The total length, width and height of this product would be 1825mm, 697mm and 1188mm respectively. The front suspension of Mahindra Gusto RS is telescopic with air spring while the rear suspension of Mahindra Gusto is of the helical, hydraulic type.
What security features are provided?
Safety devices are the essential thing to check when buying bicycles and scooters. Mahindra Gusto RS provides a 130mm mechanical drum front and rear. It consists of a large tubeless tire. Alloy type wheels are used in this scooter. The Mahindra Gusto RS wheelbase is 1275mm. The wheel size of the Mahindra Gusto RS is 12 inches, which is 2 inches larger than the Hero Duet VX.
The color choices that come with Mahindra Gusto RS are blue and red. The color choices offered to customers are comparatively lesser by Mahindra in the case of Gusto RS.
What’s new in Mahindra Gusto RS?
Some features that differentiate Mahindra Gusto RS from other scooters are as follows:
Large tubeless tires
Telescopic suspension with air springs
Height adjustable seat
Flip remote key
High ground clearance
Mahindra Gusto RS Key Specification
Motor Aff. : 109.6 cm3
Maximum power: 6 kW (8.0 hp) at 7,500 Â± 500 rpm
Maximum torque: 9 NM @ 5500 Â± 500 rpm
Mileage: 45-55 kmpl
Number of gears: Automatique
Type of wheels: Alloy Wheels
Petrol tank : 6 liters
Price of Mahindra Gusto RS scooter in Nepal: Rs. 1 67,500
Mahindra Gusto RS can be a good value offering in the given price segment. There are various features provided by this scooter which puts it against its rivals. The high ground clearance and adjustable seat set it apart from other scooter models such as Hero Duet VX, Honda Dio, Honda Activa 125, etc. Mahindra Gusto RS also contains a large tubeless tire with a 12 inch wheel size which adds to the characteristic safety of the scooter.
When you’re in debt or need money to pay your bills, taking out a car title loan might seem like a great way to access cash quickly. But if your money troubles get out of hand and you resort to filing for bankruptcy to settle mounting debts, what happens to the vehicle you gave as collateral in exchange for that car title loan?
Depending on whether you are pursuing Chapter 7 or Chapter 13 bankruptcy, it may be possible to include your title loan in a bankruptcy filing and have the loan discharged, or at least restructured to provide higher payments. manageable. But you can also lose your vehicle if you are unable to meet the loan repayment terms. Here are your options.
Title Lending and Chapter 7 Bankruptcy
Chapter 7 bankruptcy is often referred to as liquidation. As part of the Chapter 7 filing, unsecured debts can be discharged. This includes credit card debt, medical debt, personal loans, and even promissory notes. As part of the process, your the non-exempt property will be sold and proceeds used to repay creditors.
A title loan, however, is not an unsecured debt; it is secured by your vehicle. When you borrow money through a car title loan, you give the vehicle to the lender as security for that loan. In plain language, you signed the pink slip on your car in exchange for some cash. As a secured loan, a security the loan cannot be discharged in Chapter 7 bankruptcy.
“While state laws vary, generally all secured loans remain in effect,” says Michael Sullivan, personal financial consultant at Take Charge America, a nonprofit credit and financial counseling agency.
Since the loan remains in force, you will either have to pay off the debt in full or work out a manageable payment plan with the lender who holds the title loan. If neither of these options is possible, you can also choose to return the vehicle.
There are also cases in which courts will allow securities loans to be settled through Chapter 7 proceedings, says Lamar Hawkins, a bankruptcy attorney at Guidant Law and chair of the Bankruptcy Law Advisory Commission. Arizona Board of Legal Specialization.
“The bankruptcy court discriminates against predatory lending, and title lending is generally predatory,” Hawkins says, adding that in some cases the court will “rewrite the loan at a market rate based on the value of the vehicle, and make so that the lender receives payments on time, so that the borrower can keep the vehicle and maintain transportation.
But remember that title lenders are generally aggressive and will repossess a vehicle in the event of default, so be sure to continue making payments before, during, and after your bankruptcy case closes.
Title Loans and Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a restructuring of your debts, and this process includes secured debts such as car title loans, general auto loans, and even mortgages. Under Chapter 13, some unsecured debts can even be forgiven. Those that are not forgiven are reorganized and must be repaid over time.
“Chapter 13 allows you to create a repayment plan where you pay money each month to a trustee. So, at the end of the repayment plan, you’ve paid either the fair market value of the car based on the date the case was filed…or the total owed, whichever is lower,” says the New Jersey bankruptcy attorney Edward Hanratty.
As part of a Chapter 13 filing, you can also reduce the amount of monthly payments you need to make to make them more affordable. Additionally, if the interest rate on the title loan is high, you can also lower the rate through the Chapter 13 process, says Dai Rosenblum, a Pennsylvania bankruptcy attorney.
While there is always a risk of losing your vehicle in Chapter 13 bankruptcy filings, you have many more options for restructuring your debt to prevent this from happening.
Talk to your lawyer about your title loan upfront
When filing for bankruptcy with the help of a lawyer, it is important that you are transparent about all your assets, as well as all your debts and outstanding debts, including your title loan. Not disclosing your title loan will only cause more problems.
“When you file for bankruptcy, you are declaring — under penalty of perjury — that you have listed all assets, including the car, and all debts, including the title loan,” Rosenblum says. “Furthermore, a lawyer cannot solve a problem if he does not know it exists.”
Also, not including all of your debts as part of a bankruptcy case could result in your case being thrown out.
“Or in an extreme case, it could result in jail time for bankruptcy fraud,” says Hanratty. “Prevention is better than cure on this.”
The bottom line
Car title loans can be settled through bankruptcy, but how this type of debt is handled will depend on whether you pursue Chapter 7 or Chapter 13 bankruptcy. Options include debt restructuring, full repayment of the debt or the return of the vehicle to the lender.
Before taking any action, consult a bankruptcy attorney who can help you sort through the options and determine the best course of action.
Stuck in a 30 day title loan? visit our website https://www.cartitleloanshouston.com for a quick quote.
HOUSTON (PRWEB) November 13, 2017
Advantage Finance, LLC, a full-service auto title loan finance company serving Houston and surrounding areas, recognized a need in the auto title loan industry: to provide consumers with an alternative to high-cost auto title loans. short term and interest only. Advantage responded to this need by offering consumers title loan buy-back programs with principal and interest loans with extended repayment periods. Advantage pays off the consumer’s short-term loan by arranging a longer-term title loan with better terms for the consumer. The repayment schedule for these loans includes both principal and interest, which is often less than the interest on the consumer’s original loan. This arrangement helps consumers by leveling their payments and making it easier to repay the loan.
According to an Advantage manager, “We help many consumers who are locked into very short-term home loans; some as short as thirty days. We complete a title loan buyout by arranging for them a new title loan with an extended repayment plan. In these cases, the repayment schedule includes both principal and interest. These are not interest-only loans. This is a great benefit for people as it reduces and smooths out their repayments.
Here’s how the program works. A consumer with a very short term auto title loan (usually 30 days) works with one of Advantage’s representatives to complete what is called a “Title Loan Repayment”. Advantage arranges a new title loan with an extended repayment period to pay off the current short-term loan. Additionally, the repayment plan for this new loan includes both principal and interest, often with a lower interest rate. The consumer is helped in two ways: by reducing the monthly payments and by granting him a longer period to repay the loan. This program is, in effect, a refinance of the original title loan.
“It’s a win-win situation for our customers and for us. We are able to help them restructure their debt, and they can reduce their monthly payments and smooth their repayment schedule. Our goal is to provide a service to the community that is both valuable and fair,” says an Advantage manager.
The Advantage Finance team, with four locations in Houston, offers the most comprehensive set of auto title lending options in the market today. For more information and to connect with one of our professionals, visit our website.
Exactly twelve months after Vespa announced its intention to unveil an all-electric scooter, the Italian company did just that, unveiling the Vespa Elettrica at the Milan Motorcycle Show.
Piaggio, Vespa’s parent company, claims the Elettrica has a range of around 62 miles (100 km) and that it will take four hours of charging from a normal wall outlet to fully charge the battery.
Interestingly, Piaggio admits that future buyers should only expect 10 years of battery life. Additionally, 1,000 charge cycles will reduce the battery to 80% of its original capacity.
In terms of scooter design, the example shown is immediately identifiable from other Vespa models with a silver paint job and bright blue accents. For customers wishing to express their personality, six other colors will be available.
A 4.3 inch TFT color screen is also located between the handlebars and displays all important information about the scooter. The display also includes Bluetooth, allowing owners to pair their phones and view incoming text messages and phone calls on the screen.
Shortly after the Vespa Elettrica arrives in showrooms, a hybrid version with a gasoline generator, dubbed Elettrica X, will arrive with a range of 124 miles (200 km).
The holiday season has seen the arrival of many new cars and motorcycles in India. In the coming months, too, more are expected as automakers are in a good mood to roll up their sleeves to announce their latest offers. November is supposed to see the debut of many new models.
As automakers look to turn the tide with new offerings, here we’re going beyond the specifics by listing everything you need to know about the cars and bikes coming in November.
Renault Captur (November 6)
French automaker Renault is set to launch its new Captur premium SUV in India on November 6. The SUV was unveiled in the country in September and is open for reservations at dealerships. It can also be booked through the company‘s website and the Renault Captur app.
As opposed to the new Jeep Compass and Hyundai Creta, the Renault Captur is based on the same platform as that of the Duster. Under the hood, Captur will get a 1.5-liter four-cylinder diesel and a 1.5-liter gasoline engine that powers the Duster. While the gasoline mill can generate 104 hp at 5,600 rpm and 142 Nm of maximum torque at 4,000 rpm, the diesel engine produces 108 hp at 4,000 rpm and maximum torque of 240 Nm at 1 750 rpm. The transmission in the next SUV will likely be handled by a six-speed manual gearbox of both gasoline and diesel.
The price of Captur should be between Rs 12 lakh and Rs 16 lakh.
Suzuki Intruder 150 (November 7)
Suzuki India seems to be expecting an exciting launch in November. Pictures of the new Suzuki Intruder 150 cruiser have appeared online. Taking inspiration from the flagship 1,800cc Suzuki Intruder, the new Intruder targets the 150cc cruising motorcycle segment in India, which is now dominated by the Bajaj Avenger 150.
The new Suzuki Intruder 150 will share its engine with the Gixxer. The 154.9cm single-cylinder engine, which currently develops 14.5bhp at 8,000rpm and peak torque of 14Nm at 6,000rpm, could be readjusted to suit the cruising bike.
The Suzuki Intruder is expected to come with features like the LED spotlight and raised instrument cluster, as well as an LED tail light. It is likely to have telescopic forks up front and a mono-shock unit in the rear, while braking could be provided by disc brakes at both ends.
The Suzuki Intruder is also likely to get single channel ABS and dual exhaust and it is expected to be priced around Rs 1 lakh.
2017 Mercedes-AMG CLA 45 and GLA 45 (November 7)
German automaker Mercedes-Benz will expand its AMG portfolio in India with the addition of two new entry-level models – AMG CLA 45 and GLA 45. The SUV and four-door coupe are expected to launch on November 7.
The Mercedes-AMG CLA 45 and GLA 45 are powered by the same 2.0-liter, in-line 4-cylinder turbocharged engine, which can produce a maximum power of 375 hp and maximum torque of 475 Nm, mated to the sport AMG Speedshift DCT at 7 speeds. transmission.
The coupe and four-door SUV will have a black finish with yellow accents and get features like an 8.0-inch touchscreen infotainment system, blackened alloy rims, projector headlights with tail lights. LED daytime running lights, LED taillights and more.
Honda Grazia (November 8)
Honda 2Wheelers announced reservations and the arrival of the new Grazia in India last week. The Grazia, which is slated to be a 125cc automatic scooter, will launch in the country on November 8. The scooter is now open for reservations at the company’s dealers against a deposit of Rs 2,000.
The Grazia – the new âadvanced urban scooterâ – targets âyoung and confidentâ cosmopolitan India. The new Honda Grazia is expected to feature dual headlights with LED lighting, a new dashboard, front storage, a USB charging port and an LED tail light. The automatic scooter is likely to have black colored alloy wheels and a front disc brake, while it should also be equipped with the Combined Braking System (CBS). The telescopic front suspension would also be part of the upcoming model.
Read also :Honda Grazia scooter set to launch in India on November 8
Power will likely come from an air-cooled 124.9cc 4-stroke engine that does the job of the Honda Activa 125. The engine produces 8.52hp at 6500rpm and peak torque of 10.54Nm. at 5,000 rpm. Scheduled for a price of around Rs 65,000, the new Grazia will face Suzuki Access 125, Vespa VX 125 and Mahindra Gusto 125.
2017 Ford EcoSport facelift (November 9)
The highly anticipated new Ford EcoSport will launch on November 9. Reservations are open at some of the company’s dealers.
Also read: Clearance sale: Ford EcoSport gets discounts of up to Rs 1 lakh
The new Ford EcoSport gets a facelift and welcomes a host of new features. It has a revised front grille, a new set of headlights with LED daytime running lights and a set of alloy wheels. The list of features for the new EcoSport includes a touchscreen infotainment system with SYNC 3 and emergency assistance, cruise control, speed limiter function, rear view camera and automatic climate control. On the safety side, ABS and airbags are standard on all variants.
Under the hood, the new EcoSport receives new gasoline engines of the Dragon series. The current 1.5-liter Ti-VCT engine is replaced by the 1.5-liter Dragon engine with an output of 123 hp at 6500 rpm and 150 Nm of torque at 4500 rpm. The 1.5-liter TDCi diesel engine is chosen for the new EcoSport.
Lexus NX300h (November 17)
Lexus India is set to add a fourth model – NX300h to its portfolio. The NX was Lexus’ third best-selling vehicle of 2016 behind the RX crossover and ES sedan. The variant to India is expected to be the NX300h and it has a hybrid engine under the hood. The 2.5-liter four-cylinder petrol engine will be mated to an electric motor that will produce a combined output of 194 hp. The crusher will be associated with an electronically controlled CVT unit.
The new Lexus NX300h will face affordable competitors like the Mercedes-Benz GLA and the Audi Q3.
Maruti Suzuki Celerio X
Maruti Suzuki is set to add a new twist to its Celerio hatchback saga with a new model-based crossover. Dubbed Celerio X, the gridline launch could happen anytime now.
In terms of dimensions, the Celerio X is expected to be longer and wider than the regular Celerio hatchback. It is now 3,715mm long, 1,635mm wide, 1,565mm high and comes with the same wheelbase of 2,425mm. It offers 120 mm ground clearance and has a 235-liter trunk. Under the hood, the Celerio X will be powered by the same 998cc petrol engine from the K-series of the sedan which produces 67bhp of power and 90Nm of torque.
The Celerio X gets a black body kit with features like the matte black rear bumper, black wheel arch liner and black side moldings. Up front, the new Celerio X receives a two-tone bumper with a new grille.