Planning to buy Harley-Davidson X440? Complete EMI guide here

If you are planning to buy the Harley-Davidson X440 and wondering what the monthly EMI would be, here is a quick and comprehensive guide for you.

Harley-Davidson X440, the premium neo-retro roadster motorcycle co-developed by ⁠Harley-Davidson and ⁠Hero MotoCorp specifically for the Indian market, has become costlier as the automaker has increased its pricing by up to ₹5,000. The Harley-Davidson X440 comes as the most affordable single-cylinder motorcycle in the OEM’s product lineup. It targets competitors like the Royal Enfield Classic 350 series of models.

Harley-Davidson has recently increased the pricing of the X440 between ₹1,000 and ₹5,000, depending on the variants.

Harley-Davidson has increased the pricing of the X440 between ₹1,000 and ₹5,000, depending on the variants. The entry-level Vivid trim is now ₹1,000 more expensive and costs ₹2.36 lakh (ex-showroom), while the S trim comes ₹4,000 more, at ₹2.59 lakh (ex-showroom). The top-end trim T has become costlier by ₹5,000, to be priced at ₹2.84 lakh (ex-showroom). Harley-Davidson has cited the reasons behind this price hike as the recent increase in key raw materials and manufacturing costs.

If you are planning to buy the Harley-Davidson X440 and wondering what the monthly EMI would be, here is a quick and comprehensive guide for you.

Harley-Davidson X440: How much monthly EMI to pay

To calculate the monthly EMI for the motorcycle, we have considered the top-end trim X440 T, which costs ₹2.84 lakh (ex-showroom). The loan amount has been considered as 100% of the ex-showroom price. The rate of interest is considered as 9.5%, while the repayment tenures considered are 24 months, 36 months, and 48 months.

Harley-Davidson X440: Monthly EMI calculation

Model & variant	Price (ex-showroom)	Loan (100% ex-showroom price)	Interest rate	Repayment tenure	Monthly EMI	Total interest
Harley-Davidson X440 T	₹2.84 lakh	₹2.84 lakh	9.5%	24 months	₹13,040	₹28,953
				36 months	₹9,097	₹43,505
				48 months	₹7,135	₹58,479

According to the calculation, if you opt for a 24-month repayment tenure, the monthly EMI payable will be ₹13,040, which will be reduced to ₹9,097 in the case of a 36-month repayment period. If you opt for a 48-month tenure, the monthly EMI amount will be further down at ₹7,135.

However, remember that the monthly EMI may vary depending on multiple factors, like the amount of loan taken, down payment made, rate of interest, repayment tenure selected, etc.

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