Vespa SXL 150 EMI starts at Rs 4,815 per month for a tenure of 36 months @9.7 for a loan amount of Rs 1,50,199. 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 | 1,52,350 | Rs. 16,928 | Rs. 4,892 |
| STD | 1,50,199 | Rs. 16,689 | Rs. 4,815 |
| Racing Sixties | 1,55,854 | Rs. 17,317 | Rs. 5,017 |
Calculate your Loan EMI for SXL 150
- On-Road PriceRs.0
- Total Loan AmountRs.0
- Payable AmountRs.0
- You’ll pay extraRs.0
Find EMI of SXL 150 Alternatives
SXL 150 EMI FAQs
- FAQ
What will be the lowest down payment for Vespa SXL 150?
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.
What will be the monthly EMI for Vespa SXL 150?
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. ₹1,49,888/- on an annual rate of interest of 10% for a tenure of 3 years then
EMI = 149888 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 4,815/-
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.
What will be the interest rate for Vespa SXL 150?
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.
What will be the EMI for 3 years tenure for Vespa SXL 150?
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
- All (37)
- Performance (15)
- Engine (14)
- Comfort (14)
- Looks (12)
- Power (11)
- Seat (10)
- Price (9)
- More ...
Popular Mentions
- Latest
- Most Helpful
Feeling like a real urban explorer
Loving the Vespa SXL 150 of my friend looked like a trip back to the heyday of scooters! The smooth ride and timeless look made me feel as though I was driving around the streets.....Read More
- Like
- Dislikes
Iconic design and polished performance
The iconic design and polished performance of the Vespa SXL 150 appeal to riders, representing Italian craftsmanship and timeless elegance. This is the main reason to select this.....Read More
- Like
- Dislikes
Italian Elegance And Premium Features
The disparate performance and high-end features of the Vespa SXL 150 impeccably capture the substance of Italian fineness. This classic scooter is a representation of fineness and.....Read More
- Like
- Dislikes
Vespa SXL 150 Offers Good Acceleration
The Vespa SXL 150 offers good acceleration and a fun ride for a 150-cc scooter. Talking about the safety features of the Anti-Lock Braking System (ABS), which improved stopping.....Read More
- Like
- Dislikes
Classic Italian scooter with premium features
With its more advanced design and quality features, the Vespa SXL 150 is a super Italian scooter that epitomizes refinement and looks. A smooth and polished ride through city.....Read More
- Like
- Dislikes
- View All Vespa SXL 150 Reviews
Vespa SXL 150 News
Top 10 Scooters in India
Honda Activa 6GRs76,234 onwards*- Suzuki Access 125Rs79,900 onwards*
- TVS NTORQ 125Rs84,636 onwards*
- Honda Activa 125Rs79,806 onwards*
- ElectricOla S1 ProRs1.30 Lakh onwards*
- TVS JupiterRs73,340 onwards*
- Honda DioRs70,211 onwards*
- ElectricTVS iQubeRs97,307 onwards*
- ElectricAther 450XRs1.43 Lakh onwards*
- Yamaha RayZR 125 Fi HybridRs85,030 onwards*
Users Also Viewed
More Scooter Options to Consider
Other Vespa SXL scooters
- Vespa SXL 125Rs.1.37 Lakh onwards*
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.