Car Calculators
Calculate used car EMIs, insurance IDV, and income tax savings — built for smart car buyers in India.
Estimates only. Values vary based on lender, insurer, tax rules, and your profile. CarArth does not provide financial or legal advice.
Tax Savings
Depreciation under I.T. Act Section 32
Monthly EMI
Reducing balance method estimate
Insurance Value
Indicative IDV based on standard depreciation
Frequently Asked Questions
How is car EMI calculated?
We use the reducing balance method. Monthly EMI depends on the car price, down payment, interest rate, and loan tenure. Actual terms vary by lender and credit profile.
What is IDV in car insurance?
IDV (Insured Declared Value) is the maximum sum assured fixed by the insurer at the time of policy. It decreases with vehicle age due to standard depreciation rates.
How can I save tax on a car?
Under I.T. Act Section 32, business owners can claim 15% annual depreciation on cars used for business. Consult a CA before making any tax claims.
Selling a car in Hyderabad?
Check our guide on selling your car in Hyderabad — comparing dealers, Cars24, Spinny, and True Value — to maximise your selling price. Read the guide