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Planning to buy BMW X1 LWB? Here's your complete EMI guide
If you are planning to buy the BMW X1 LWB, here is a quick and comprehensive look at the monthly EMI you may have to pay for the luxury SUV.
BMW has launched the X1 LWB in India at ₹49.90 lakh (ex-showroom), making it cheaper than the standard X1 petrol. The stretched iteration of the BMW X1 luxury SUV gets 109 mm more rear knee room and a 154 bhp petrol engine. It will be sold alongside the standard-wheelbase version of the X1 and the electric iX1 LWB in India.
The BMW X1 LWB is locally produced at BMW Group’s Chennai plant. Despite the longer body, the SUV retains the overall design and cabin layout of the standard X1. Powering the BMW X1 LWB is a 1.5-litre, three-cylinder turbo-petrol engine producing 154 bhp peak power and 230 Nm of maximum torque. The engine is paired with a seven-speed dual-clutch automatic transmission and drives the front wheels. Unlike the standard X1, the LWB is currently offered only with a petrol engine, with no diesel or all-wheel-drive option.
If you are planning to buy the BMW X1 LWB, here is a quick and comprehensive look at the monthly EMI you may have to pay for the luxury SUV.
BMW X1 LWB: How much monthly EMI to pay
To calculate the monthly EMI for the BMW X1 LWB, we have considered the loan amount as 100% of the ex-showroom price, the rate of interest as 9.5%, and the repayment tenure as 60 months.
| BMW X1 LWB: Monthly EMI calculation | ||||
|---|---|---|---|---|
| Model & variant | Loan (100% ex-showroom price) | Interest rate | Repayment tenure | Monthly EMI |
| BMW X1 LWB | ₹49.90 lakh | 9.5% | 60 months | ₹104,799 |
According to the calculation, the monthly EMI amount for the luxury SUV would be ₹104,799, as per the used parameters. However, remember that the monthly EMI may vary depending on multiple factors, like the variant selected, the amount of loan taken, the amount of down payment, the rate of interest, the repayment tenure selected, etc.
