🇸🇬 Singapore · Car Financing Decision Tool

Should You Take the
Dealer's Loan Package?

Stop guessing — see exactly which deal saves you the most money.

Dealers often offer cash rebates if you take a loan — but is the interest cost worth it? Enter the loan packages and cash option your dealer is offering and this calculator reveals the true cost of each, in today's dollars, so you can walk into the showroom with confidence.

How to read the results: The best package is the one with the lowest Net Present Value (PV) cost. Present Value converts all future loan instalments into their equivalent lump-sum cost in today's dollars, using your opportunity cost rate. This makes it directly comparable to a cash payment — the lower the PV cost, the cheaper the deal truly is.
⚙ Global Settings — applies to all packages
S$
% p.a.
What is this? If you pay cash for the car, that money can no longer earn returns elsewhere. Your opportunity cost rate is what you could earn by investing that cash instead — e.g. in T-bills (~1.4% p.a.) or SSB (~2% p.a.). The higher this rate, the more valuable it is to keep your cash invested and take the loan instead.
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Package A
Full Loan + Rebate
S$
Typically up to 60% of purchase price
%
yrs
S$
Upfront incentive for full financing
⚖️
Package B
Partial Loan + Rebate
S$
Smaller loan, larger upfront cash outlay
%
yrs
S$
Usually smaller than full loan rebate
💵
Package C
Full Cash + Rebate
S$
Full purchase price paid upfront
%
yrs
S$
Enter a positive value for a cash discount. Enter a negative value if the dealer charges more for cash — e.g. -3000 means the car costs S$3,000 more if you do not take a loan package from the dealer.

Best Option
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Side-by-Side Breakdown
Item Pkg A · Full Loan Pkg B · Partial Loan Pkg C · Cash