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
84 months
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Loan Term
The maximum loan term for this vehicle is 84 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
87 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
$34,935
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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
$1,202 /mth
Depreciation per year
$16,010
Down Payment
$35,250
Loan Amount
$82,250
Interest Paid
$18,712
Total Paid Amount
$100,962
Loan Breakdown
| Year | Loan Redemption Amt |
Deregistration Value
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| 0 |
$82,250
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$25,632 | ||||||||||||
| 1 |
$74,014
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$22,129 | ||||||||||||
| 2 |
$62,730
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$18,635 | ||||||||||||
| 3 |
$51,022
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$15,142 | ||||||||||||
| 4 |
$38,890
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$11,648 | ||||||||||||
| 5 |
$26,335
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$8,145 | ||||||||||||
| 6 |
$13,356
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$4,652 | ||||||||||||
| 7 |
$0
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$1,158 | ||||||||||||
| 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 |
