Loan Redemption Amount | Paper/Deregistration Value | |||
Month | Year |
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption. |
Dereg Value
Total value of PARF and COE Rebate, also known as 'Paper Value'.
|
Cash Position
The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
|
Jan | 2021 | -31,955 | 47,482 | 15,527 |
Feb | 2021 | -26,687 | 47,482 | 20,795 |
Mar | 2021 | -21,396 | 47,482 | 26,086 |
Apr | 2021 | -16,081 | 47,482 | 31,400 |
May | 2021 | -10,744 | 47,482 | 36,737 |
Jun | 2021 | -5,384 | 47,482 | 42,098 |
Jul | 2021 | 0 | 47,482 | 47,482 |