Porsche 911 Car Loan EMI Calculator

₹ 4,03,480.
Here is how - Porsche 911 price starts from ₹ 2,35,88,403 in Mumbai. If you pay a down payment of ₹ 36,89,403 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,03,480.

The cheapest 911 model is Carrera which is priced at ₹ 2,35,88,403 in Mumbai. You will need to pay at least a ₹ 36,89,403 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 911.

Version	On-road price in Mumbai	Max Loan
Carrera	₹ 2,35,88,403	₹ 1,98,99,000
Turbo S	₹ 3,96,95,915	₹ 3,35,36,000
GT3	₹ 3,25,61,694	₹ 2,74,96,000
GT3 with Touring Package	₹ 3,25,61,694	₹ 2,74,96,000
GT3 RS	₹ 4,14,91,281	₹ 3,50,56,000
S/T	₹ 5,04,25,594	₹ 4,26,20,000
Carrera 4 GTS	₹ 3,26,16,028	₹ 2,75,42,000
Turbo 50 Years	₹ 4,79,81,769	₹ 4,05,51,000

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 911 Carrera will be ₹ 3,67,654 but you will have to pay interest of ₹ 1,09,83,936 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 ₹ 7,39,175, but your interest payment will be only ₹ 67,11,300 over the 3 years period.

₹ 4,03,480
Porsche 911 price starts from ₹ 2,35,88,403 in Mumbai.

We have considered
Down-payement : ₹ 36,89,403
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy 911 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 78,63,000

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 911 starts from ₹ 2.36 Crore, you can get a loan with an annual income as low as ₹ 78.63 lakh.

Here are the most important things you should consider while getting a car loan for a new 911

• 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.