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      BMW M8 Car Loan EMI Calculator

      BMW M8 EMI starts at 4,94,744 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 45.05 Lakh. BMW M8 price starts at ₹ 2.89 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      BMW M8
      BMWM8₹ 2.89 Crore

      Variant

      Coupe

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust M8 Car Loan Parameters

      On-Road Price

      ₹ 2,89,04,815

      M8 Coupe EMI

      4,94,744 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      BMW M8 Coupe Car Loan EMI

      On-Road Price₹ 2,89,04,815
      Ex-Showroom Price₹ 24400000
      Max Loan Amount₹ 24400000
      Down Payment as per your Selectiont₹ 45,04,815
      Loan Amount₹ 2,44,00,000
      EMI Amount 4,94,744
      Interest Component52,84,640(17.8%)
      Principal Component2,44,00,000(82.2%)
      Total Payable over 5 Years2,96,84,640
      Note: This doesn't include bank processing fee.

      BMW M8 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₹ 41,34,343₹ 18,02,585₹ 2,02,65,657
      24₹ 44,77,493₹ 14,59,435₹ 1,57,88,164
      36₹ 48,49,123₹ 10,87,805₹ 1,09,39,041
      48₹ 52,51,598₹ 6,85,330₹ 56,87,443
      60₹ 56,87,443₹ 2,49,449₹ 0

      BMW M8 EMI

      BMW M8 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 45,04,815

      On-Road Price in MumbaiMin Down PaymentEMI
      Coupe

      ₹ 2,89,04,815

      ₹45,04,815₹4,94,744

      Check Car Loan EMIs of BMW M8 Similar Cars

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      Explore more about BMW M8

      BMW M8
      BMW M8
      ₹ 2.89 CroreOn-Road Price, Mumbai

      M8 EMI FAQs

      ₹ 4,94,744.
      Here is how - BMW M8 price starts from ₹ 2,89,04,815 in Mumbai. If you pay a down payment of ₹ 45,04,815 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,94,744.
      The cheapest M8 model is Coupe which is priced at ₹ 2,89,04,815 in Mumbai. You will need to pay at least a ₹ 45,04,815 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 M8.
      VersionOn-road price in MumbaiMax Loan
      Coupe₹ 2,89,04,815₹ 2,44,00,000

      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 M8 Coupe will be ₹ 4,50,517 but you will have to pay interest of ₹ 1,34,43,428 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 ₹ 9,05,772, but your interest payment will be only ₹ 82,07,792 over the 3 years period.