BMW 1 Series 116i Urban (A)

$63,800

Print Ad

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

Car Price

Down Payment

of Car Price

Car Registration Date

28 Jun 2012 (1 years, 4 months remaining)

Loan Term

Months

(1 years, 4 months )

Interest Rate

OMV:

$26,995 Information

Based on this OMV and registration date, this car is eligible for minimum 30% down payment.

COE:

$59,004

Car Category:

PARF Car For car registered between March 2008 to February 2013, the minimum PARF rebate is at 50% of OMV.

(min PARF 50% of OMV)

Results

Financial Commitment

Car Price: $63,800
Monthly Installment: $2,487.56 /month for 1 years, 4 months (16 months)

Upfront Payment

Transfer Fee: $25
Down Payment: $19,140 (30% of Car Price)
1st Installment: $2,487.56
Total Upfront Payment: $21,652.56

Loan Details

Total Loan: $44,660
Total Interest: $1,521
Total Sum Paid: $46,181 at the end of 1 years, 4 months (16 months)

Other Car Financial Details

COE: $59,004
ARF Paid: $26,995
PARF Rebate: You get back $13,498 at the end of 10th year (PARF Rebate)
Annual Depreciation: $37,904

				Loan Redemption Amount			Paper/Deregistration Value
No	Month	Year	Paid so far The amount paid so far, consisting of desposit and total installment paid.	Outstanding Loan Outstanding loan amount owing to bank/financing company.	Interest Rebate The amount of interest rebate as a result of early settlement of loan. This is based on the Rule of 78.	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.	PARF Rebate Based on tiered rate of the Aditional Registration Fee (ARF). The ARF is based on the OMV of the vehicle.	COE Rebate Based on pro-rated value of the Quota Premium paid.	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'.	Remarks
1.	Mar	2021	21,628	37,313	1,342	-35,971	14,847	7,376	22,223	-13,749
2.	Apr	2021	24,115	34,826	1,174	-33,652	14,847	6,884	21,731	-11,921
3.	May	2021	26,603	32,338	1,018	-31,321	14,847	6,392	21,239	-10,081
4.	Jun	2021	29,090	29,851	872	-28,978	14,847	5,900	20,748	-8,231
5.	Jul	2021	31,578	27,363	738	-26,625	13,498	5,409	18,906	-7,719
6.	Aug	2021	34,065	24,876	615	-24,261	13,498	4,917	18,415	-5,846
7.	Sep	2021	36,553	22,388	503	-21,885	13,498	4,425	17,923	-3,962
8.	Oct	2021	39,040	19,900	403	-19,498	13,498	3,934	17,431	-2,067
9.	Nov	2021	41,528	17,413	313	-17,100	13,498	3,442	16,939	-160
10.	Dec	2021	44,016	14,925	235	-14,691	13,498	2,950	16,448	1,757	Break Even
11.	Jan	2022	46,503	12,438	168	-12,270	13,498	2,459	15,956	3,686
12.	Feb	2022	48,991	9,950	112	-9,838	13,498	1,967	15,464	5,626
End Of Year 1 of Loan
13.	Mar	2022	51,478	7,463	67	-7,396	13,498	1,475	14,973	7,577
14.	Apr	2022	53,966	4,975	34	-4,942	13,498	983	14,481	9,539
15.	May	2022	56,453	2,488	11	-2,476	13,498	492	13,989	11,513
16.	Jun	2022	58,941	0	0	0	13,498	0	13,498	13,498	Loan Fully Paid

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'.
Mar	2021	-35,971	22,223	-13,749
Apr	2021	-33,652	21,731	-11,921
May	2021	-31,321	21,239	-10,081
Jun	2021	-28,978	20,748	-8,231
Jul	2021	-26,625	18,906	-7,719
Aug	2021	-24,261	18,415	-5,846
Sep	2021	-21,885	17,923	-3,962
Oct	2021	-19,498	17,431	-2,067
Nov	2021	-17,100	16,939	-160
Dec	2021	-14,691	16,448	1,757
Jan	2022	-12,270	15,956	3,686
Feb	2022	-9,838	15,464	5,626
End Of Year 1 of Loan
Mar	2022	-7,396	14,973	7,577
Apr	2022	-4,942	14,481	9,539
May	2022	-2,476	13,989	11,513
Jun	2022	0	13,498	13,498

Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

Browse by Car Make

USED CARS FOR SALE IN SINGAPORE

Oneshift provides you with the best online shopping experience for buying used or second hand cars in Singapore. With a wide selection from all makes like Honda, Toyota, BMW, Mercedes-Benz, Mitsubishi and Nissan for used cars Singapore. You can easily shortlist the car of your choice to meet your needs and budget. We list used cars for sale from both dealers and direct sellers. Search from a list of PARF and COE cars, automatic or manual, by price range, colour, registration years and age. Used cars with low annual depreciation and off peak cars (OPC) are also a draw for the price conscious. Choose from a range of body types such as Sedan, SUV, MPV, Hatch, Coupe, Cabriolet and Wagon. If you are selling your own car, you can even post a Premium used car ad with us to reach out to a no. of potential car buyers.