Audi Q2 Car Loan EMI Calculator

₹ 70,947.
Here is how - Audi Q2 price starts from ₹ 41,67,520 in Kolkata. If you pay a down payment of ₹ 6,68,520 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 70,947.

The cheapest Q2 model is Standard 40 TFSI quattro which is priced at ₹ 41,67,520 in Kolkata. You will need to pay at least a ₹ 6,68,520 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 Q2.

Version	On-road price in Kolkata	Max Loan
Standard 40 TFSI quattro	₹ 41,67,520	₹ 34,99,000
Premium 40 TFSI quattro	₹ 48,45,172	₹ 40,89,000
Premium Plus I 40 TFSI quattro	₹ 52,75,883	₹ 44,64,000
Premium Plus II 40 TFSI quattro	₹ 53,33,311	₹ 45,14,000
Technology 40 TFSI quattro	₹ 57,64,022	₹ 48,89,000
Standard 40 TFSI quattro With Sunroof	₹ 43,39,804	₹ 36,49,000

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 Q2 Standard 40 TFSI quattro will be ₹ 64,956 but you will have to pay interest of ₹ 19,57,304 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 ₹ 1,30,595, but your interest payment will be only ₹ 12,02,420 over the 3 years period.

₹ 70,947
Audi Q2 price starts from ₹ 41,67,520 in Kolkata.

We have considered
Down-payement : ₹ 6,68,520
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Q2 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 13,90,000

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 Q2 starts from ₹ 41.68 Lakh, you can get a loan with an annual income as low as ₹ 13.90 lakh.

Here are the most important things you should consider while getting a car loan for a new Q2

• 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.