Car Price
$
Down Payment
$
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Down Payment
Min down-payment on a passenger car is 30% or 40% of the car price depending on Applicable OMV. For non-passenger vehicle. Please contact your agent/bank.
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Interest Rate
3.25%
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Interest Rate
Interest rate of 3.25% is based on passenger cars less than 10 years old. For other vehicles, please check with your agent/bank.
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Loan Term
72 months
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Loan Term
The maximum loan term for this vehicle is 79 months. Maximum loan term on a passenger car less than 10 years old is typically calculated based on number of months left on the COE, less 12 month. Subject to a maximum of 7 years. For other vehicles, please check with your agent/bank. |
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COE Remaining
79 months
ARF
$0
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ARF
The ARF value will not affect the deregistration value of this vehicle.
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COE
$38,071
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COE
Input both the COE and ARF figures to get the deregistration value.
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Calculate the monthly instalment on your used car.
Monthly Instalment
$1,276 /mth
Depreciation per year
$16,460
Down Payment
$32,940
Loan Amount
$76,860
Interest Paid
$14,988
Total Paid Amount
$91,848
Loan Breakdown
| Year | Loan Redemption Amt |
Deregistration Value
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| 0 |
$76,860
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$25,398 | ||||||||||||
| 1 |
$68,315
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$21,581 | ||||||||||||
| 2 |
$57,043
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$17,773 | ||||||||||||
| 3 |
$45,350
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$13,966 | ||||||||||||
| 4 |
$33,236
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$10,159 | ||||||||||||
| 5 |
$20,702
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$6,342 | ||||||||||||
| 6 |
$7,747
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$2,535 | ||||||||||||
| 7 |
$0
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$0 | ||||||||||||
| 8 |
$0
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$0 | ||||||||||||
| 9 |
$0
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$0 | ||||||||||||
| 10 |
$0
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$0 |
Loan redemption is based on Rule 78 Less 20%
Latest Car Loan Interest Rate
| Sgcarmart Financial Services | DBS | Maybank | OCBC | UOB | Hong Leong Finance | Tokyo Century Leasing | |
|---|---|---|---|---|---|---|---|
| Used PARF Cars | 2.28% | 2.78% | 2.78% | 2.78% | 2.78% | 2.78% | 2.98% |
| Used PHV Cars | 2.99% | N.A | N.A | N.A | N.A | 3.28% | N.A |
| Cars with Renewed COE | N.A | N.A | 3.18% | 2.98% | 3.18% | 2.88% | 3.75% |
| Used Commercial Vehicles | N.A | N.A | 3.28% | N.A | 3.28% | 3.28% | N.A |
