Porsche Cayman [2014-2017] Car Loan EMI Calculator

₹ 98,341.
Here is how - Porsche Cayman [2014-2017] price starts from ₹ 48,50,000 in Mumbai. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 98,341.

Here is a model wise list of max loan amount for Cayman [2014-2017].

Version	On-road price in Mumbai	Max Loan
Base Manual	₹ 48,50,000	₹ 48,50,000
Base Tiptronic	₹ 1,01,14,547	₹ 81,36,000
S Tiptronic	₹ 1,33,14,462	₹ 1,07,21,700
S Manual	₹ 58,50,000	₹ 58,50,000
GTS	₹ 1,49,63,528	₹ 1,20,55,120

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 Cayman [2014-2017] Base Manual will be ₹ 75,593 but you will have to pay interest of ₹ 14,99,812 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 ₹ 1,51,981, but your interest payment will be only ₹ 6,21,316 over the 3 years period.

₹ 98,341
Porsche Cayman [2014-2017] price starts from ₹ 48,50,000 in Mumbai.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Cayman [2014-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 16,17,000

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 Cayman [2014-2017] starts from ₹ 48.50 Lakh, you can get a loan with an annual income as low as ₹ 16.17 lakh.

Here are the most important things you should consider while getting a car loan for a new Cayman [2014-2017]

• 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.