Ferrari 296 GTS Car Loan EMI Calculator
Ferrari 296 GTS EMI starts at 12,65,247 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 93.52 Lakh. Ferrari 296 GTS price starts at ₹ 7.18 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
3.0 Petrol
City
Delhi
Adjust 296 GTS Car Loan Parameters
On-Road Price
₹ 7,17,52,247₹ 12,65,247 for 5 Years
Ferrari 296 GTS Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 1,05,73,071 | ₹ 46,09,893 | ₹ 5,18,26,929 |
24 | ₹ 1,14,50,629 | ₹ 37,32,335 | ₹ 4,03,76,300 |
36 | ₹ 1,24,01,025 | ₹ 27,81,939 | ₹ 2,79,75,275 |
48 | ₹ 1,34,30,304 | ₹ 17,52,660 | ₹ 1,45,44,971 |
60 | ₹ 1,45,44,971 | ₹ 6,37,951 | ₹ 0 |
Ferrari 296 GTS EMI
Ferrari 296 GTS Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 93,52,247
On-Road Price in Delhi | Min Down Payment | EMI |
---|---|---|
3.0 Petrol ₹ 7,17,52,247 | ₹93,52,247 | ₹12,65,247 |
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Explore more about Ferrari 296 GTS
296 GTS EMI FAQs
Here is how - Ferrari 296 GTS price starts from ₹ 7,17,52,247 in Delhi. If you pay a down payment of ₹ 93,52,247 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,65,247.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Delhi | Max Loan |
---|---|---|
3.0 Petrol | ₹ 7,17,52,247 | ₹ 6,24,00,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for 296 GTS 3.0 Petrol will be ₹ 11,18,346 but you will have to pay interest of ₹ 3,15,41,064 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 ₹ 22,48,455, but your interest payment will be only ₹ 1,85,44,380 over the 3 years period.