Mercedes-Benz E-Class E350 CGI Avantgarde

$65,800

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Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

Car Price

Down Payment

of Car Price

Car Registration Date

22 Apr 2010 (0 years, 10 months remaining)

Loan Term

Months

(0 years, 10 months )

Interest Rate

OMV:

$76,210 Information

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

COE:

$27,590

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: $65,800
Monthly Installment: $4,046.04 /month for 0 years, 10 months (10 months)

Upfront Payment

Transfer Fee: $25
Down Payment: $19,740 (30% of Car Price)
1st Installment: $4,046.04
Total Upfront Payment: $23,811.04

Loan Details

Total Loan: $46,060
Total Interest: $980
Total Sum Paid: $47,040 at the end of 0 years, 10 months (10 months)

Other Car Financial Details

COE: $27,590
ARF Paid: $76,210
PARF Rebate: You get back $38,105 at the end of 10th year (PARF Rebate)
Annual Depreciation: -

				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	23,786	36,414	802	-35,612	38,105	2,069	40,174	4,562	Break Even
2.	Apr	2021	27,832	32,368	642	-31,727	38,105	1,839	39,944	8,218
3.	May	2021	31,878	28,322	499	-27,823	38,105	1,609	39,714	11,891
4.	Jun	2021	35,924	24,276	374	-23,902	38,105	1,380	39,485	15,583
5.	Jul	2021	39,970	20,230	267	-19,963	38,105	1,150	39,255	19,292
6.	Aug	2021	44,016	16,184	178	-16,006	38,105	920	39,025	23,019
7.	Sep	2021	48,062	12,138	107	-12,031	38,105	690	38,795	26,764
8.	Oct	2021	52,108	8,092	53	-8,039	38,105	460	38,565	30,526
9.	Nov	2021	56,154	4,046	18	-4,028	38,105	230	38,335	34,307
10.	Dec	2021	60,200	0	0	0	38,105	0	38,105	38,105	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	-35,612	40,174	4,562
Apr	2021	-31,727	39,944	8,218
May	2021	-27,823	39,714	11,891
Jun	2021	-23,902	39,485	15,583
Jul	2021	-19,963	39,255	19,292
Aug	2021	-16,006	39,025	23,019
Sep	2021	-12,031	38,795	26,764
Oct	2021	-8,039	38,565	30,526
Nov	2021	-4,028	38,335	34,307
Dec	2021	0	38,105	38,105

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.

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