iPad Mini 16 GB (Wifi) for ₹16,901? Sounds too good to be true?
iPad Mini India Scheme:
(As described by the source)
MRP of iPad Mini 16GB Wifi : Rs. 21,900.00
Down payment : Rs. 4,999.00
Swipe Amount : Rs. 16,901.00
Customer EMI for 18 Months : Rs 1,055.00 per month
Total Interest ( incl Tax) : Rs. 2,077.00
CASH BACK : Rs. 2190.00 (will get automatically credited in customer’s account)
EMI : Rs 1,055.00
EMI period: 18 months
Total payment through EMI: 18 x 1055 = RS 18,990.00
CASH BACK / Refund: Rs 2,190.00
Effective price after CASH BACK/Refund : Rs 16,800.00
Now include the down payment then the effective price of the iPad Mini comes to Rs. 21,799.00. Not such a good deal but remove the down payment from the calculation, then just take our money and give us that iPad Mini.
Why not consider the Asus Fonepad 7 16 GB with 3G calling for Rs 16,500? We love it so far.