Home » Used Cars » Just Cars » Mercedes-Benz 220 (COE till 06/2029)

Mercedes-Benz 220 (COE till 06/2029)

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Car Price

$

Down Payment

$


	Down Payment Min down-payment on a passenger car is 30% or 40% of the car price depending on Applicable OMV. For non-passenger vehicle. Please contact your agent/bank.

30% 40% 50%

Interest Rate

%


	Interest Rate Interest rate of 2.88% is based on passenger cars less than 10 years old. For other vehicles, please check with your agent/bank.

2.48% 2.75% 3.18%

Loan Term


	Loan Term The maximum loan term for this vehicle is 60 months. Maximum loan term on a passenger car less than 10 years old is typically calculated based on number of months left on the COE, less 12 month. Subject to a maximum of 7 years. For other vehicles, please check with your agent/bank.

Total Interest Paid

$3,718

Total Paid Amount

$29,540

Car Loan Payment Breakdown

Loan Amount

$25,822

Monthly Instalment

$492 /mth

COE Left : 61 months | ARF : $0 | COE : $4,301 | Depreciation : $7,230 / Year

Loan Breakdown

Year

Loan Redemption Amt

Deregistration Value

0

$25,822

Loan Break-Even

$2,195

1

$21,749

Loan Break-Even

$1,765

2

$16,698

Loan Break-Even

$1,335

3

$11,413

Loan Break-Even

$905

4

$5,894

Loan Break-Even

$474

5

$140

Loan Break-Even

$44

6

$0

Loan Break-Even

$0

7

$0

Loan Break-Even

$0

8

$0

Loan Break-Even

$0

9

$0

Loan Break-Even

$0

10

$0

Loan Break-Even

$0

Loan redemption is based on Rule 78 Less 20%

Latest Car Loan Interest Rate

	Sgcarmart Financial Services	DBS	Maybank	OCBC	UOB	Hong Leong Finance	Tokyo Century Leasing
Used PARF Cars	2.48%	2.48%	2.78%	2.78%	2.78%	2.48%	2.78%
Used PHV Cars	3.18%	N.A	3.75%	N.A	2.99%	3.28%	3.88%
Cars with Renewed COE	2.75%	N.A	3.18%	2.98%	2.88%	2.88%	3.18%
Used Commercial Vehicles	N.A	N.A	3.28%	N.A	3.40%	3.28%	N.A

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