Hatchback Vs. SUV: The Ultimate Guide to Making The Right Choice
Torn between choosing a hatchback and an SUV?
Both SUVs and hatchbacks are fantastic options loaded with a plethora of advantages for car buyers. But, which one best suits your lifestyle and requirements?
That’s where this blog can help you.
Read this blog to understand the key differences between a Hatchback Vs. SUV. However, before that it is essential to have a general but important question answered: what is a hatchback and SUV?
What is a Hatchback?
Hatchback cars are smaller vehicles, perfect for nuclear families in India. A hatchback car comes with a boot positioned directly behind the backseat area. Still, it is considered the main part of the car. In the narrow urban streets, hatchback cars are appropriate for a family with four to five members. As they are relatively smaller in size, fuel consumption is also low. Another reason is that hatchback cars are a cost-effective option for middle-class people in India.
The prime reasons to choose a hatchback are as follows:
- Fuel-efficient: Hatchbacks are compact and small cars, so they consume less fuel than an SUV.
- Maintenance Costs: Other than fuel, there are cost factors that impact a lot. For instance, a hatchback needs smaller tyres than an SUV as they are small in size, so the maintenance cost will be less.
- Boot Space: Hatchbacks mostly come with smaller boots as compared to SUVs. So, the Hatchback should be your option when you compare seating and boost space between Hatchback Vs. SUV.
What is an SUV?
Sports Utility Vehicles or SUVs are generally bigger in size (sometimes with a four-wheel drive). They are manufactured for owners who want comfort when driving on terrain of most types. An SUV comes with a higher ground clearance facility that enables them to navigate rough terrain without scraping the undercarriage. As they are larger vehicles, you find enough space. In an SUV, five to seven passengers can sit comfortably.
The prime reasons to choose an SUV:
- Better Features: By considering SUVs, one can avail greater height, cargo space and ground clearance. In addition, they offer a high level of road visibility and better off-road capability.
- Spacious: As they are bigger, one can enjoy quite roomy interior and rear storage by buying SUVs. 7-8 passengers can travel more comfortably.
- Ground clearance and Safety: As SUVs come with elevated height, they can easily navigate rough and uneven terrain. This feature is a lifesaver for those who live in a place that needs off-road driving and prefers to go on adventurous trips.
Hatchback Vs. SUV: Which is the Better Choice for You?
As we have already explained what Hatchbacks and SUVs are and the prime benefits of owning them, now we are going to expose the key differences between them. Understand the differences and then find out which one is the better choice for you! Basically, there are four significant factors on which hatchbacks and SUVs differ: Size and space, cost, performance, and maintenance.
- Size and Space
In terms of size and space, Hatchbacks and SUVs differ significantly. Companies make SUVs to offer more seating area and storage space, so they are large in size. That is why they are ideal for joint families and for groups who need more luggage options. On the contrary, Hatchbacks are made to keep smaller families in mind. They are more compact and come with a large rear door that offers access to the cargo space. Because of this, they are easier to drive and park in any location, perfect for narrow city streets.
- Performance
Another significant point when discussing Hatchback Vs. SUV – which is better in performance. Sport Utility Vehicles often come with four-wheel drive (4WD) or all-wheel drive (AWD) terrain, which makes them the perfect choice for adventure-loving people. On the other hand, Hatchbacks are manufactured to perform well in the crowded narrow streets of cities and towns. Also, they are fuel-efficient due to their smaller size.
- Maintenance
Hatchbacks are smaller and simpler than SUVs, so they do not require massive maintenance costs. However, SUVs do so as they are large in size, come with complex suspensions and have all-wheel drive terrain facilities.
- Pricing
Hatchbacks generally charge less price than SUVs when you purchase a new model. And, in some cases, they may retain more value over time. So, when you consider the price of a Hatchback Vs. SUV or hatchback should be your option.
How Can a Car Loan Help You Buy Your Preferred Car?
A car loan provides several advantages:
1. Customisable Tenure
By picking a car loan, one can avail utmost flexibility in repayment tenure. This is up to 60 months, and you can get a loan up to 95% on asset value. This feature is helpful because borrowers can extend their EMI payments over a longer duration, ensuring an affordable instalment payment every month.
2. Hassle-free Process
Most companies like Kogta Financial offer hassle-free loan application processes, so willing customers can apply for a loan easily and get quick approval. Only customers need to apply online and submit some necessary documents to avail a car loan.
Car loans are offered at attractive interest rates, whether it is a pre-owned/used/new Car. It makes the loan affordable for the willing car buyers. Financial institutions like Kogta Financial offer online EMI calculators to evaluate interest rates and tenure.
4. Quick Approval
As car loans follow online processes, customers can get instant approval after the documents are verified. It not only makes the process fast but also efficient, making available the funds to the borrowers.
Eligibility Criteria for a Car Loan
The borrowers must have their own house and clear bank statements to get approval for the loan.
Documents Needed for a Car Loan
The documents you need to submit to qualify for a car loan are as:
- Passport
- Pan Card
- Voter Identity card
- Driving License
- Aadhar Card
Conclusion
Whether you consider fuel efficiency, spaciousness, off-road performance and cost, both hatchbacks and SUVs come with unique features and benefits. So, between Hatchback Vs. SUV, which one to choose completely depends upon your preferences. Write down your needs and make an informed choice that perfectly goes to your lifestyle and preferences! You can connect with reliable financial institutions like Kogta Financial and apply for a car loan with ease, ensuring a hassle-free process to enable you to bring your dream vehicle to your house.
