India has become a huge market for the luxury cars and it's a second home now for the German trio of Audi, BMW and Mercedes-Benz. All the 3 companies have their own market and customers, but have some not popular cars in the country as well. Now, BMW seems concerned about its not-so-popular cars and has launched a scheme which will allow you to buy BMW 1-series hatchback at just INR 555 per day. This first of its kind installment scheme is available for the limited time only and you need to pay an initial down-payment of INR 8-10 Lac.
Under this scheme, all the models of BMW 1 series can get financed and after paying down-payment, there would be INR 555 everyday for next 7-10 years that would make the yearly installment roughly around INR 1.5 Lac. Talking about the car, BMW 1-series was launched in India back in the year 2013 and since then car hasn't lived up to its promise and has failed to impress the customers. However, this INR 555 deal could change its fate.
BMW 1-series is available both in petrol and diesel models with 1.6 Litre 4-Cylinder petrol engine producing 136 bhp power and 220 Nm torque. On the other hand, the 2.0 LItre 4-Cylinder diesel engine produces 143 bhp power and 320 Nm of torque. Currently, the car comes at a starting price of INR 22.6 Lac and ends at INR 32.5 Lac ex-showroom, New Delhi.