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Vespa SXL 150 EMI Calculator
Vespa SXL 150 EMI starts at Rs 4,864 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,51,555. The EMI Calculator tool on BikeDekho gives a detailed break-up of the total payable amount and helps you in finding the best bike finance for your SXL 150. (Calculated on On Road Price in Delhi)
Vespa SXL 150 Down Payment and EMI
| SXL 150 Variants | Loan @ 9.7%. | Down payment | EMI (36 months) |
|---|---|---|---|
| Dual | 1,53,646 | Rs. 17,072 | Rs. 4,938 |
| STD | 1,51,555 | Rs. 16,839 | Rs. 4,864 |
| Racing Sixties | 1,57,171 | Rs. 17,464 | Rs. 5,064 |
Rs. 1.49 - 1.54 Lakh*
EMI starts from ₹ 4,864
*Ex-showroom Price in Delhi
Shortlist
Calculate your Loan EMI for SXL 150
Down PaymentRs.
0Rs.0
Bank Interest Rate %
8%26%
Loan Period ( Months )
- On-Road PriceRs.1,68,394
- Total Loan AmountRs.151394
- Payable AmountRs.175104
- You’ll pay extraRs.23710
EMIper month
Rs4,864
Calculated on On Road Price in Delhi
At BikeDekho, We can help you get the best deal on your loans.
Find EMI of SXL 150 Alternatives
SXL 150 EMI FAQs
Q) What will be the lowest down payment for Vespa SXL 150?
A) 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 Vespa SXL 150 includes the RTO and insurance charges.
Q) What will be the monthly EMI for Vespa SXL 150?
A) 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 Vespa SXL 150 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. ₹1,51,394/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 151394 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,864/-
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.
Q) What will be the interest rate for Vespa SXL 150?
A) The interest rate for Vespa SXL 150 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.
Q) What will be the EMI for 3 years tenure for Vespa SXL 150?
A) EMI for Vespa SXL 150 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.
Vespa SXL 150 User Reviews
Based on40 User Reviews
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- All (40)
- Comfort (15)
- Engine (14)
- Looks (14)
- Performance (12)
- Seat (12)
- Price (11)
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- Decent scooter for the youthIt’s been nearly three month now since I have been riding my Vespa SXL 150 scooter. It is a decent scooter for the youth. The consideration I had was that the service at the Vespa dealership was horrible; I encountered another problem that I was extremely displeased by the experience and also, I had to wait for a month for the accessories that I received them during the first servicing.Read MoreWas this review helpful?
- Glad in lookThis scooty has excellent acceleration, excellent handling. It feel very comfortable. I am glad to see my favourite Colour. I feel very comfortable in city.Was this review helpful?
- Service is not goodVespa SXL 150 has been an amazing experience for me to ride. The engine and the comfort at the same time I was looking for. However, when I went to get service, They are not nice. Either the needed parts are not in stock or they complete the service without replacing the needed ones. I usually traveled a shorter distance though. Once I decided to ride it on a longer distance of about 40 km, and the vehicle stoped unexpectedly and wouldn't start.Read MoreWas this review helpful?2
- Smooth engine and cozy seatsThe Vespa SXL 150 has given my everyday ride a refined touch. It's hard to find a minute of relaxation between job, family, and kids, but riding a Vespa offers just that. Its traditional form perfectly combines the modern with the retro with features like the USB charging port and digital cluster. Smooth engine and cozy seats make for a great ride. Better fuel economy and refinement distinguish the SXL 150 from the last Vespa model I owned. For slicing through city traffic and parking in confined areas, it's ideal. With its mix of style and utility, the Vespa SXL 150 has given my commute something to look forward to.Read MoreWas this review helpful?
- Sharing my Vespa SXL 150 experienceI took my family on a leisurely Vespa SXL 150 trip last Sunday. Beautiful shades of white, red, and black give the Vespa a very traditional and elegant appearance. Its 150cc engine produces a strong and smooth ride. Long journeys will find the incredibly comfy seats ideal. The Vespa rode us to a neighboring beach and did a fantastic job of it. Park and move it with ease. The storage capacity may use some improvement, but all in all, our excursion was made much more fun and fashionable by the Vespa SXL 150.Read MoreWas this review helpful?
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Disclaimer :
Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not includes any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.
*Ex-showroom Price in Delhi
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