Money coming back
Dispose of your current car
Choose the option you are considering.
S$
%
S$
S$
S$
S$
S$
S$
S$
Estimated net proceedsS$48,325
sale − loan − fees − commissionUse the exact PARF and COE rebate shown in OneMotoring for the most reliable result. COE rebate is based on unused COE; PARF depends on registration cohort, age and ARF paid.
Money going out
Price your replacement car
For a local used car, use its advertised purchase price.
S$
S$
S$
S$
S$
S$
S$
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Auto-calculate statutory items
ARF, excise duty and GST update with OMV.
Eligible vehicle price for financingOMV + COE + ARF + excise duty
S$170,000Non-financeable upfront costsGST + registration + dealer/admin + other upfront costs
S$4,590Total replacement car priceS$174,590
OMV + COE + taxes + feesCar loan
S$
%
years
S$
years
Maximum loan at 60% of eligible priceS$102,000
Monthly car loan paymentS$1,451
S$121,852 total repayment including interestMAS-regulated loan guide: maximum 70% of purchase price when OMV is S$20,000 or less; otherwise 60%, with a maximum 7-year tenure. Confirm lender eligibility and terms.
Recurring commitments
Running and ownership costs
Enter what reflects your driving pattern.
Annual expenses
S$
S$
Monthly expenses
S$
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S$
S$
S$
Total monthly running costsS$772
Includes monthly share of insurance and road taxEstimated monthly depreciationS$1,184
(purchase price − future value) ÷ ownership monthsEconomic ownership costS$2,156/month
running costs + depreciation + average monthly loan interestDepreciation is an economic cost, not a separate cash payment. The summary therefore does not add both loan principal and depreciation into the same total.