Lamborghini Gallardo [2005 - 2014] Car Loan EMI Calculator

₹ 5,41,380.
Here is how - Lamborghini Gallardo [2005 - 2014] price starts from ₹ 3,36,06,275 in Mumbai. If you pay a down payment of ₹ 69,06,275 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 5,41,380.

The cheapest Gallardo [2005 - 2014] model is LP 560-4 Coupe which is priced at ₹ 3,36,06,275 in Mumbai. You will need to pay at least a ₹ 69,06,275 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 Gallardo [2005 - 2014].

Version	On-road price in Mumbai	Max Loan
LP 560-4 Coupe	₹ 3,36,06,275	₹ 2,67,00,000
Spyder	₹ 3,96,92,669	₹ 3,20,53,360
LP 560-4	₹ 3,87,84,456	₹ 3,13,18,964
LP 570-4 EdizioneTecnica	₹ 4,47,58,340	₹ 3,61,49,546
India Ltd Edition LP 550-2	₹ 3,67,20,306	₹ 3,19,77,000

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 Gallardo [2005 - 2014] LP 560-4 Coupe will be ₹ 5,23,795 but you will have to pay interest of ₹ 1,72,98,780 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 ₹ 10,53,099, but your interest payment will be only ₹ 1,12,11,564 over the 3 years period.

₹ 5,41,380
Lamborghini Gallardo [2005 - 2014] price starts from ₹ 3,36,06,275 in Mumbai.

We have considered
Down-payement : ₹ 69,06,275
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Gallardo [2005 - 2014] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,12,03,000

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 Gallardo [2005 - 2014] starts from ₹ 3.36 Crore, you can get a loan with an annual income as low as ₹ 1.12 crore.

Here are the most important things you should consider while getting a car loan for a new Gallardo [2005 - 2014]

• 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.