BMW X6 [2009-2012] Car Loan EMI Calculator

₹ 1,62,328.
Here is how - BMW X6 [2009-2012] price starts from ₹ 1,04,40,522 in Mumbai. If you pay a down payment of ₹ 24,34,759 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,62,328.

The cheapest X6 [2009-2012] model is xDrive 30d which is priced at ₹ 1,04,40,522 in Mumbai. You will need to pay at least a ₹ 24,34,759 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 X6 [2009-2012].

Version	On-road price in Mumbai	Max Loan
xDrive 50i 1	₹ 1,23,94,770	₹ 98,12,838
xDrive 30d	₹ 1,04,40,522	₹ 80,05,763

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 X6 [2009-2012] xDrive 30d will be ₹ 1,62,728 but you will have to pay interest of ₹ 56,63,389 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 ₹ 3,27,168, but your interest payment will be only ₹ 37,72,285 over the 3 years period.

₹ 1,62,328
BMW X6 [2009-2012] price starts from ₹ 1,04,40,522 in Mumbai.

We have considered
Down-payement : ₹ 24,34,759
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy X6 [2009-2012] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 34,81,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of X6 [2009-2012] starts from ₹ 1.04 Crore, you can get a loan with an annual income as low as ₹ 34.81 lakh.

Here are the most important things you should consider while getting a car loan for a new X6 [2009-2012]

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.