Mitsubishi Lancer EX 1.6 Elegance (A)    Updated Loan Calculator

This car is no longer available in the market.
Latest OMV: $11,600
Engine Cap: 1590 cc
Power: 117Bhp @ 6000rpm
Torque: 154Nm @ 4000rpm
Type: Sedan
Euro NCAP: N.A
User Ratings: N.A

Authorized Dealer

New Car Loan Calculator

» Updated for MAS Restrictions Revision on 27 Mar 2016

$
Includes VES Surcharge / Rebate
$
 of Car Price
years
%

$
Based on this OMV, this car is eligible for minimum 30% down payment
$
ARF = OMV + VES
$
cc

Results

Financial Commitment

Car Price
$80,999
Down Payment
$24,300 (30% of Car Price)
Monthly Installment
$807 for 7 years (84 months) Information

Loan Details

Total Loan
$56,699 Information
Total Interest
$11,034 Information
Total Sum Paid
$67,733 at the end of 7 years (84 months)

Other Car Financial Details

Annual Depreciation
$7,520 Information
COE
$40,609 Information
ARF Paid
$11,600 Information
PARF Rebate
You get back $5,800 at the end of 10th year (PARF Rebate) Information
Road Tax
$737 Information
Loan Redemption Amount Paper/Deregistration Value
Month Year Loan Redemption
Amount
Dereg
Value
Cash
Position
Feb 2021 66,926 48,971 -7,182
Mar 2021 66,120 48,632 -6,970
Apr 2021 65,314 48,294 -6,756
May 2021 64,507 47,955 -6,538
Jun 2021 63,701 47,617 -6,318
Jul 2021 62,895 47,279 -6,094
Aug 2021 62,088 46,940 -5,867
Sep 2021 61,282 46,602 -5,637
Oct 2021 60,476 46,263 -5,404
Nov 2021 59,669 45,925 -5,168
Dec 2021 58,863 45,587 -4,929
Jan 2022 58,057 45,248 -4,686
End Of Year 1
Feb 2022 57,250 44,910 -4,441
Mar 2022 56,444 44,571 -4,192
Apr 2022 55,638 44,233 -3,941
May 2022 54,831 43,894 -3,686
Jun 2022 54,025 43,556 -3,428
Jul 2022 53,218 43,218 -3,167
Aug 2022 52,412 42,879 -2,903
Sep 2022 51,606 42,541 -2,636
Oct 2022 50,799 42,202 -2,366
Nov 2022 49,993 41,864 -2,093
Dec 2022 49,187 41,526 -1,817
Jan 2023 48,380 41,187 -1,537
End Of Year 2
Feb 2023 47,574 40,849 -1,255
Mar 2023 46,768 40,510 -969
Apr 2023 45,961 40,172 -681
May 2023 45,155 39,834 -389
Jun 2023 44,349 39,495 -94
Jul 2023 43,542 39,157 204
Aug 2023 42,736 38,818 505
Sep 2023 41,930 38,480 809
Oct 2023 41,123 38,142 1,116
Nov 2023 40,317 37,803 1,427
Dec 2023 39,511 37,465 1,740
Jan 2024 38,704 37,126 2,057
End Of Year 3
Feb 2024 37,898 36,788 2,376
Mar 2024 37,092 36,449 2,699
Apr 2024 36,285 36,111 3,025
May 2024 35,479 35,773 3,353
Jun 2024 34,673 35,434 3,685
Jul 2024 33,866 35,096 4,020
Aug 2024 33,060 34,757 4,359
Sep 2024 32,254 34,419 4,700
Oct 2024 31,447 34,081 5,044
Nov 2024 30,641 33,742 5,391
Dec 2024 29,835 33,404 5,742
Jan 2025 29,028 33,065 6,096
End Of Year 4
Feb 2025 28,222 32,727 6,452
Mar 2025 27,416 32,389 6,812
Apr 2025 26,609 32,050 7,175
May 2025 25,803 31,712 7,541
Jun 2025 24,997 31,373 7,910
Jul 2025 24,190 31,035 8,282
Aug 2025 23,384 30,697 8,657
Sep 2025 22,578 30,358 9,035
Oct 2025 21,771 30,020 9,417
Nov 2025 20,965 29,681 9,801
Dec 2025 20,159 29,343 10,189
Jan 2026 19,352 29,005 10,580
End Of Year 5
Feb 2026 18,546 28,086 10,393
Mar 2026 17,739 27,748 10,790
Apr 2026 16,933 27,409 11,190
May 2026 16,127 27,071 11,593
Jun 2026 15,320 26,732 11,999
Jul 2026 14,514 26,394 12,408
Aug 2026 13,708 26,056 12,821
Sep 2026 12,901 25,717 13,236
Oct 2026 12,095 25,379 13,655
Nov 2026 11,289 25,040 14,076
Dec 2026 10,482 24,702 14,501
Jan 2027 9,676 24,364 14,929
End Of Year 6
Feb 2027 8,870 23,445 14,779
Mar 2027 8,063 23,107 15,213
Apr 2027 7,257 22,768 15,650
May 2027 6,451 22,430 16,091
Jun 2027 5,644 22,092 16,534
Jul 2027 4,838 21,753 16,980
Aug 2027 4,032 21,415 17,429
Sep 2027 3,225 21,076 17,882
Oct 2027 2,419 20,738 18,337
Nov 2027 1,613 20,400 18,796
Dec 2027 806 20,061 19,258
Jan 2028 0 19,723 19,723
End Of Year 7
Feb 2028 0 18,804 18,804
Mar 2028 0 18,466 18,466
Apr 2028 0 18,127 18,127
May 2028 0 17,789 17,789
Jun 2028 0 17,451 17,451
Jul 2028 0 17,112 17,112
Aug 2028 0 16,774 16,774
Sep 2028 0 16,435 16,435
Oct 2028 0 16,097 16,097
Nov 2028 0 15,759 15,759
Dec 2028 0 15,420 15,420
Jan 2029 0 15,082 15,082
End Of Year 8
Feb 2029 0 14,163 14,163
Mar 2029 0 13,825 13,825
Apr 2029 0 13,487 13,487
May 2029 0 13,148 13,148
Jun 2029 0 12,810 12,810
Jul 2029 0 12,471 12,471
Aug 2029 0 12,133 12,133
Sep 2029 0 11,795 11,795
Oct 2029 0 11,456 11,456
Nov 2029 0 11,118 11,118
Dec 2029 0 10,779 10,779
Jan 2030 0 10,441 10,441
End Of Year 9
Feb 2030 0 9,522 9,522
Mar 2030 0 9,184 9,184
Apr 2030 0 8,846 8,846
May 2030 0 8,507 8,507
Jun 2030 0 8,169 8,169
Jul 2030 0 7,830 7,830
Aug 2030 0 7,492 7,492
Sep 2030 0 7,154 7,154
Oct 2030 0 6,815 6,815
Nov 2030 0 6,477 6,477
Dec 2030 0 6,138 6,138
Jan 2031 0 5,800 5,800
End Of Year 10

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