Lexus LM Car Loan EMI Calculator
Lexus LM EMI starts at 4,05,528 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 37.08 Lakh. Lexus LM price starts at ₹ 2.37 Crore and goes up to ₹ 2.96 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
350h 7 STR VIP
City
Mumbai
Adjust LM Car Loan Parameters
On-Road Price
₹ 2,37,07,701₹ 4,05,528 for 5 Years
Lexus LM 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.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 33,88,810 | ₹ 14,77,526 | ₹ 1,66,11,190 |
24 | ₹ 36,70,078 | ₹ 11,96,258 | ₹ 1,29,41,112 |
36 | ₹ 39,74,693 | ₹ 8,91,643 | ₹ 89,66,419 |
48 | ₹ 43,04,591 | ₹ 5,61,745 | ₹ 46,61,828 |
60 | ₹ 46,61,828 | ₹ 2,04,466 | ₹ 0 |
Lexus LM EMI
Lexus LM Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 37,07,701
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
350h 4 STR Ultra Luxury ₹ 2,96,13,513 | ₹46,13,513 | ₹5,06,910 |
350h 7 STR VIP ₹ 2,37,07,701 | ₹37,07,701 | ₹4,05,528 |
Check Car Loan EMIs of Lexus LM Similar Cars
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On-Road Price, Mumbai
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On-Road Price, Mumbai
Explore more about Lexus LM
LM EMI FAQs
Here is how - Lexus LM price starts from ₹ 2,37,07,701 in Mumbai. If you pay a down payment of ₹ 37,07,701 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,05,528.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
350h 4 STR Ultra Luxury | ₹ 2,96,13,513 | ₹ 2,50,00,000 |
350h 7 STR VIP | ₹ 2,37,07,701 | ₹ 2,00,00,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for LM 350h 7 STR VIP will be ₹ 3,69,513 but you will have to pay interest of ₹ 1,10,39,092 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 ₹ 7,42,913, but your interest payment will be only ₹ 67,44,868 over the 3 years period.