Car Price

Down Payment


	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.

30% 40% 50%

Interest Rate


	Interest Rate Interest rate of 3.28% is based on passenger cars less than 10 years old. For other vehicles, please check with your agent/bank.

2.48% 2.75% 3.18%

Loan Term


	Loan Term The maximum loan term for this vehicle is 62 months. Maximum loan term on a commercial vehicle less than 10 years old is typically calculated based on number of months left on the COE, less 12 months. Subject to a maximum of 7 years. For other vehicles, please check with your agent/bank.

Total Interest Paid

$12,032

Total Paid Amount

$83,031

Car Loan Payment Breakdown

Loan Amount

$70,999

Monthly Instalment

$1,339 /mth

COE Left : 63 months | ARF : $0 | COE : $22,002 | Depreciation : $14,920 / Year

Loan Breakdown

Year

Loan Redemption Amt

Deregistration Value

$70,999

Loan Break-Even

$11,634

$60,667

Loan Break-Even

$9,434

$47,219

Loan Break-Even

$7,234

$33,061

Loan Break-Even

$5,033

$18,193

Loan Break-Even

$2,827

$2,616

Loan Break-Even

$627

Loan Break-Even

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	2.48%	2.48%	2.78%	2.78%	2.78%	2.48%	2.78%
Used PHV Cars	3.18%	N.A	3.75%	N.A	2.99%	3.28%	3.88%
Cars with Renewed COE	2.75%	N.A	3.18%	2.98%	2.88%	2.88%	3.18%
Used Commercial Vehicles	N.A	N.A	3.28%	N.A	3.40%	3.28%	N.A