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      BMW M2 Car Loan EMI Calculator

      BMW M2 EMI starts at 2,02,561 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 18.94 Lakh. BMW M2 price starts at ₹ 1.19 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      BMW M2
      BMWM2₹ 1.19 Crore

      Variant

      3.0 Petrol

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust M2 Car Loan Parameters

      On-Road Price

      ₹ 1,18,84,265

      M2 3.0 Petrol EMI

      2,02,561 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      BMW M2 3.0 Petrol Car Loan EMI

      On-Road Price₹ 1,18,84,265
      Ex-Showroom Price₹ 9990000
      Max Loan Amount₹ 9990000
      Down Payment as per your Selectiont₹ 18,94,265
      Loan Amount₹ 99,90,000
      EMI Amount 2,02,561
      Interest Component21,63,660(17.8%)
      Principal Component99,90,000(82.2%)
      Total Payable over 5 Years1,21,53,660
      Note: This doesn't include bank processing fee.

      BMW M2 Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 16,92,709₹ 7,38,023₹ 82,97,291
      24₹ 18,33,204₹ 5,97,528₹ 64,64,087
      36₹ 19,85,362₹ 4,45,370₹ 44,78,725
      48₹ 21,50,144₹ 2,80,588₹ 23,28,581
      60₹ 23,28,581₹ 1,02,126₹ 0

      BMW M2 EMI

      BMW M2 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 18,94,265

      On-Road Price in MumbaiMin Down PaymentEMI
      3.0 Petrol

      ₹ 1,18,84,265

      ₹18,94,265₹2,02,561

      Check Car Loan EMIs of BMW M2 Similar Cars

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      Explore more about BMW M2

      BMW M2
      BMW M2
      ₹ 1.19 Crore On-Road Price, Mumbai

      M2 EMI FAQs

      ₹ 2,02,561.
      Here is how - BMW M2 price starts from ₹ 1,18,84,265 in Mumbai. If you pay a down payment of ₹ 18,94,265 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 2,02,561.
      The cheapest M2 model is 3.0 Petrol which is priced at ₹ 1,18,84,265 in Mumbai. You will need to pay at least a ₹ 18,94,265 down payment to buy this model.

      Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
      Here is a model wise list of max loan amount for M2.
      VersionOn-road price in MumbaiMax Loan
      3.0 Petrol₹ 1,18,84,265₹ 99,90,000

      As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

      Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.
      • 1. If you select a higher tenure loan, let's say 7 years, your EMI for M2 3.0 Petrol will be ₹ 1,85,231 but you will have to pay interest of ₹ 55,69,404 over the period of 7 years.
      • 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 3,72,410, but your interest payment will be only ₹ 34,16,760 over the 3 years period.