Buy Piaggio Vespa Notte 125 on Loan, Check Details & EMI Calculator



Vespa entered the Indian market in the 1960s as a joint venture with Bajaj Auto, but after the privatization programs, in 1971 the license of Piaggio was not renewed and as a result, the collaboration was ended. In 2012, Vespa re-entered the Indian market, without any partnership with a local company, by unveiling the lineup in Auto Expo 2012. Today, Vespa has 9 models in its scooter portfolio.
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Piaggio Vespa Notte 125

Vespa launched the Vespa Notte 125 BS6 version about a year ago with an ex-showroom price of Rs 92,000 approximately. It is available in black color and only standard variant.

Features

The Vespa Notte 125 black is a special edition from Vespa. It features an analog speedometer, analog odometer, analog fuel gauge, and Combined Braking System.

Engine

2021 Vespa Notte 125 BS6 is powered by a single-cylinder, 4-stroke, air-cooled, SOHC, FI, 124.45cc BS6 compliant engine mated with a continuously variable transmission gearbox. It produces a maximum power of 9.92 PS at 7500 rpm and a maximum torque of 9.6 Nm at 5500 rpm.

Electricals

The halogen headlamp bulb tail lamp bulb turn signal lamp and other electrical instruments used in this scooter are powered by a 12V 5 Ah maintenance-free battery.

Wheels, Tyres, Brakes and Suspensions

The front and rear alloy wheels of 254 mm have been equipped along with 90/100 – 10 tubed tyres. The front and rear drum brakes of diameter 150 mm and 140 mm respectively are provided with the combi brake system.
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The scooter is built upon a monocoque Steel high rigidity structure and aircraft-derived single sidearm front suspension with anti-dive characteristic and the rear suspension with dual effect hydraulic shock absorber.

Dimensions and Weight

The length, width, and height of Vespa Notte 125 are 1770 mm, 690 mm, and 1140 mm respectively. It provides a ground clearance of 155 mm and a wheelbase of 1290 mm. Its kerb weight is 114 kg and has a fuel tank of 7.4 liters capacity.

Loan Information

The eligibility, available loan amount, rates of interest, processing fees, and maximum loan tenure can be checked by the customer at various banks from the official sites or by visiting the branch. Because these factors may vary at different banks.

The loans available at minimum rates of interest and maximum loan tenure are listed below (these are the minimum rates of interest provided by the bank it can vary according to the CIBIL score/credit score of the applicant).

Also read: A BRIEF INTRO TO UPCOMING APRILIA SXR 160: LAUNCH DATE AND SPECIFICATION

Bank of India @ 7.45%, Canara Bank @ 9%, HDFC Bank @ 9.1 %, United Bank of India @ 9.55%, Punjab National Bank @ 9.55%, Union Bank of India @ 9.9%, Indian Bank and Allahabad Bank @ 10.4%, Axis Bank @ 10.8%, State Bank of India at the rate 16.05%.

Punjab National Bank, Allahabad Bank, Bank of India, United Bank of India, Indian Bank, and Axis Bank offer two-wheeler financing for a maximum of 5 years. HDFC Bank provides a two-wheeler loan for a maximum of four years. State bank of India, Union Bank of India, and Canara Bank provide two-wheeler loans for a maximum tenure of 3 years.

Loan EMI Calculation

The loan EMI is calculated by considering loan amount, interest rates, and loan tenure. As the loan tenure increases, the loan EMI decreases. The customer gets a loan based on the CIBIL score. The maximum available loan amount can either be 100% of the ex-showroom price of around 85% or the on-road price.
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If the customer gets 100% financing of the ex-showroom price for Piaggio Vespa Notte 125 at a 10.4% annual rate of interest for a tenure of 3 years, then the customer should have to pay an amount including RTO charges, registration charges, insurance, and other applicable charges.

The total amount of Rs 1.08 lakh, including the interest of Rs 16,000, will be paid by the customer in monthly installments of Rs 3,000 during the loan repayment period.

You may like to read: YAMAHA INCREASES PRICES FOR ITS SCOOTER RANGE 2021

Suppose the customer borrows a loan of Rs 80,000 at an 11.85% annual rate of interest for a tenure of 5 years, then the remaining amount of the on-road price will be paid by the customer as a down payment.

The total payable amount will be Rs 1 lakh including the interest of Rs 20,000. This amount will be paid by the customer in monthly EMIs of Rs 2100 for 4 years.

The monthly EMI can also be calculated using the loan EMI calculator, all you need to do is just enter the loan amount, rates of interest, and loan tenure.



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