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'.
|
May | 2021 | -25,167 | 26,684 | 1,517 |
Jun | 2021 | -12,607 | 26,113 | 13,506 |
Jul | 2021 | 0 | 25,542 | 25,542 |