Audi S4 [2012-2016] Car Loan EMI Calculator

₹ 1,10,343.
Here is how - Audi S4 [2012-2016] price starts from ₹ 68,54,013 in Mumbai. If you pay a down payment of ₹ 14,12,047 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,10,343.

The cheapest S4 [2012-2016] model is S4 3.0 TFSI quattro which is priced at ₹ 68,54,013 in Mumbai. You will need to pay at least a ₹ 14,12,047 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 S4 [2012-2016].

Version	On-road price in Mumbai	Max Loan
S4 3.0 TFSI quattro	₹ 68,54,013	₹ 54,41,966

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 S4 [2012-2016] S4 3.0 TFSI quattro will be ₹ 1,06,828 but you will have to pay interest of ₹ 35,31,586 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 ₹ 2,14,780, but your interest payment will be only ₹ 22,90,114 over the 3 years period.

₹ 1,10,343
Audi S4 [2012-2016] price starts from ₹ 68,54,013 in Mumbai.

We have considered
Down-payement : ₹ 14,12,047
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy S4 [2012-2016] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 22,85,000

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 S4 [2012-2016] starts from ₹ 68.54 Lakh, you can get a loan with an annual income as low as ₹ 22.85 lakh.

Here are the most important things you should consider while getting a car loan for a new S4 [2012-2016]

• 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.