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Luxury Car Affordability

Know the car you can comfortably afford — and what it truly costs to run. We work backwards from your income to a sensible budget, then add insurance and servicing over the years you'll keep it. Private: it all runs on your device.

Your money

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%

The car & loan

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% p.a.
years
years
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₹
% p.a.
%

You can comfortably afford a car up to

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Max monthly EMI iThe EMI your chosen share of income supports.

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Loan amount

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Down payment

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True cost / month iReal monthly cost of ownership: EMI plus insurance and service, minus resale, spread over the years you keep it.

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Lifetime cost iDown payment + all EMIs + all insurance + all service − resale (net of any loan still owed), over your ownership period.

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Resale value iEstimated sale value at the end. If you sell before the loan ends, any balance owed is netted off.

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Car EMI vs income

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Total annual cost over the years iYour total yearly cost of owning the car — EMI (until the loan ends) plus insurance and service — for each year you keep it. Hover or tap for a year.

Total annual cost

Year‑by‑year cost

How this works

We start from your income and the share you're comfortable spending, find the EMI that fits, and work backwards to the loan and on‑road price you can support at your down‑payment level. Then we add the real cost of living with the car — insurance and servicing, which climb each year — minus what you'll recover at resale. The goal isn't to talk you out of the car; it's to buy it with your eyes open.

Questions people ask

How much of my income should go to a car?

A widely used guide is the 20/4/10 rule: put at least 20% down, take a loan no longer than 4 years, and keep all vehicle costs under 10% of your income. This tool lets you pick your own EMI share so you can see the trade‑off.

What's included in the true cost?

The down payment, every EMI, and your annual insurance and service costs (grown each year), less the resale value at the end. If you sell before the loan is fully paid, the outstanding balance is netted off the resale.

Does it include fuel or road tax?

No — it focuses on the loan, insurance, servicing and resale. Fuel/charging, road tax and toll aren't modelled, so treat the result as a strong guide rather than a full budget.

Is my data stored?

No. Every calculation runs in your browser — nothing is stored, transmitted, or shared.

Disclaimer: This calculator provides estimates for informational and educational purposes only and is not financial advice. Actual affordability, loan terms, insurance, service costs, depreciation and resale value vary widely by model, lender, usage and market. Tax is not included: it ignores road tax, GST/cess and fuel, which can change the picture. Consider your own circumstances and consult a qualified professional before buying.

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