Audi A4 [2006-2008] Car Loan EMI Calculator

₹ 53,935.
Here is how - Audi A4 [2006-2008] price starts from ₹ 31,44,887 in Mumbai. If you pay a down payment of ₹ 4,84,887 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 53,935.

The cheapest A4 [2006-2008] model is 1.8 T Multitronic which is priced at ₹ 31,44,887 in Mumbai. You will need to pay at least a ₹ 4,84,887 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 A4 [2006-2008].

Version	On-road price in Mumbai	Max Loan
2.0 TDI Multitronic	₹ 37,00,633	₹ 31,48,005
1.8 T Multitronic	₹ 31,44,887	₹ 26,60,000

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 A4 [2006-2008] 1.8 T Multitronic will be ₹ 49,017 but you will have to pay interest of ₹ 14,57,428 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 ₹ 98,549, but your interest payment will be only ₹ 8,87,764 over the 3 years period.

₹ 53,935
Audi A4 [2006-2008] price starts from ₹ 31,44,887 in Mumbai.

We have considered
Down-payement : ₹ 4,84,887
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy A4 [2006-2008] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 10,49,000

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 A4 [2006-2008] starts from ₹ 31.45 Lakh, you can get a loan with an annual income as low as ₹ 10.49 lakh.

Here are the most important things you should consider while getting a car loan for a new A4 [2006-2008]

• 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.