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
2.28%
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Interest Rate
Interest rate of 2.28% 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
36 months
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Loan Term
The maximum loan term for this vehicle is 40 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 1 month. For other vehicles, please check with your agent/bank. |
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COE Remaining
40 months
ARF
$43,691
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ARF
Input both the COE and ARF figures to get the deregistration value.
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COE
$56,500
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COE
Input both the COE and ARF figures to get the deregistration value.
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Loan Breakdown
| Year | Loan Redemption Amt |
Deregistration Value
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| 0 |
$74,060
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$47,315 | ||||||||||||
| 1 |
$53,543
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$39,465 | ||||||||||||
| 2 |
$31,110
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$31,630 | ||||||||||||
| 3 |
$7,886
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$23,796 | ||||||||||||
| 4 |
$0
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$21,846as of Oct 2026 | ||||||||||||
| 5 |
$0
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$0 | ||||||||||||
| 6 |
$0
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$0 | ||||||||||||
| 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 |
