Premium Vehicles
Car Loan Calculator
Car Price $ Loan Term
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COE Remaining
3yrs 8mths 27days
Down Payment
$
ARF
$
PARF Scheme
min PARF 50% of ARF
Interest Rate
    %
COE
$
Values below are calculated based on inputs above.
By MAS ruling, maximum loan term is up to 7 years and Maximum loan amount 60% or 70% of the Car Price.
Results
Loan Amount $55,160  
Instalment $1,391 / month  
Total Paid on Loan $61,187  
Road Tax $1,638 / year
Depreciation $13,940 / year
COE $75,700
ARF $53,220
UPFRONT PAYMENT UPON CAR PURCHASE
Transfer Fee $25
Down Payment $23,640

Maximum 70% Loan

1st Instalment $1,391
Total Upfront Payment $25,056
(excluding insurance)
   Loan Break-Even
Year Loan Redemption Amt
Deregistration Value
0 $55,160 $62,944
1 $41,924 $52,713
2 $26,780 $42,482
3 $10,936 $32,251
4 $0 $26,610as of Feb 2024
5 $0 $0
6 $0 $0
7 $0 $0
8 $0 $0
9 $0 $0
10 $0 $0

- Deregistration value is exclusive of car body value.

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