Vespa scooters Finance

Q: How is Vespa scooter loan EMI calculated monthly?

Vespa scooter loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI 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.

Q: Which documents I need to have to apply for a Vespa two wheeler loan?

To get your Vespa scooter loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.

Q: What will be the minimum down payment for a Vespa Bike/Scooter loan?

The lenders generally finance 90% of the ex-showroom price of the Vespa two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the Vespa scooter. Down payment is the difference between the on-road price of the Vespa scooter and the amount funded by the lender.

Q: What will be the rate of interest on a Vespa scooter finance?

The interest rate primarily depends on the principal amount and tenure of the loan amount of the Vespa two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.

Are you interested in buying a new Vespa scooters and not able to find right deal? Not sure if you are being charged the right interest rate for your |||Vespa two wheeler loan? Check out the BikeDekho EMI calculator to find the best Vespa finance scheme by choosing the model that you wish to buy or calculate loan interest rate and equated monthly instalments (EMI) by entering the amount of bike loan that you wish to take.

Vespa Two Wheeler Loan EMI

MODEL	EMI (36 MONTHS)
Vespa VXL 125	Rs. 4,245
Vespa VXL 150	Rs. 4,692
Vespa SXL 125	Rs. 4,383
Vespa SXL 150	Rs. 4,815
Vespa Justin Bieber Edition	Rs. 19,619

Vespa VXL 125
Rs.1.33 - 1.35 Lakh^*
EMI starts from Rs. 4,245
45 kmpl9.78 PS10.11 Nm @ 5600 rpm
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Vespa VXL 150
Rs.1.46 - 1.48 Lakh^*
EMI starts from Rs. 4,692
45 kmpl10.79 PS11.26 Nm @ 5300 rpm
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Vespa SXL 125
Rs.1.37 - 1.42 Lakh^*
EMI starts from Rs. 4,383
55 kmpl9.78 PS10.11 Nm @ 5600 rpm
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Vespa SXL 150
Rs.1.51 - 1.56 Lakh^*
EMI starts from Rs. 4,815
45 kmpl10.79 PS11.26 Nm @ 5300 rpm
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Vespa Justin Bieber Edition
Rs.6.46 Lakh^*
EMI starts from Rs. 19,619
155 cc12.50 PS12.4 Nm @ 6750 rpm
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Vespa ZX
Rs.1.18 Lakh^*
EMI starts from Rs. 3,802
45 kmpl9.78 PS10.11 Nm @ 5600 rpm
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