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      Ferrari 296 GTB Car Loan EMI Calculator

      Ferrari 296 GTB EMI starts at 10,94,925 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ N/A . Ferrari 296 GTB price starts at ₹ 5.40 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Ferrari 296 GTB
      Ferrari296 GTB₹ 5.40 Crore

      Variant

      3.0 Petrol

      Right Arrow

      City

      Mumbai

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      Adjust 296 GTB Car Loan Parameters

      On-Road Price

      ₹ 5,40,00,000

      296 GTB 3.0 Petrol EMI

      10,94,925 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Ferrari 296 GTB 3.0 Petrol Car Loan EMI

      On-Road Price₹ 5,40,00,000
      Down Payment as per your Selectiont₹ 0
      Loan Amount₹ 5,40,00,000
      EMI Amount 10,94,925
      Interest Component1,16,95,500(17.8%)
      Principal Component5,40,00,000(82.2%)
      Total Payable over 5 Years6,56,95,500
      Note: This doesn't include bank processing fee.

      Ferrari 296 GTB EMI

      Ferrari 296 GTB Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0

      On-Road Price in MumbaiMin Down PaymentEMI
      3.0 Petrol

      ₹ 5,40,00,000

      ₹0₹10,94,925

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      Explore more about Ferrari 296 GTB

      Ferrari 296 GTB
      Ferrari 296 GTB
      ₹ 5.40 Crore On-Road Price, Mumbai

      296 GTB EMI FAQs

      ₹ 10,94,925.
      Here is how - Ferrari 296 GTB price starts from ₹ 5,40,00,000 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 ₹ 10,94,925.
      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 296 GTB 3.0 Petrol will be ₹ 8,41,656 but you will have to pay interest of ₹ 1,66,99,104 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 ₹ 16,92,164, but your interest payment will be only ₹ 69,17,904 over the 3 years period.
      ₹ 10,94,925
      Ferrari 296 GTB price starts from ₹ 5,40,00,000 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 296 GTB with a loan
      • 1. Age should be above 21
      • 2. Your annual income should be above ₹ 1,80,00,000