Car Loan Early Settlement & Trade-In Calculator
Planning to sell or trade in your car for a better pre-owned model? Calculate statutory interest rebates and payoff balances using the Rule of 78. Use your net equity directly as a deposit for your replacement vehicle!
1 Target Used Car Budget & Financing
Calculate real monthly installments tailored to your target car price and down payment
Equivalent: RM 4,500
Estimated Monthly Payment
Perodua Myvi 1.5, Bezza, Toyota Vios, Honda City
- • Flood & Accident Free: Passed Puspakom B5, zero flood submergence or structural damage
- • Dual JB Showrooms: Taman Johor Jaya & Desa Jaya, open daily for viewings & test drives
- • Flexible Financing: Financing solutions for SG commuters, local employees, and cash earners
- • Top-Dollar Trade-In: Full loan payoff handled directly, net equity offsets new car deposit
2 Existing Loan Details
Refer to your hire purchase agreement or bank statement
Typical car loan rate is 3.0% - 3.5%, default 3.2% if unsure
Remaining unpaid: 36 months
🚗 Estimated Used Car Trade-In Valuation
Enter estimated current car value to see how much cash you get back after settling the loan
Take as cash or use as replacement down payment with zero cash needed!
📊 View Loan Amortization & Rule of 78 Details ▾
Optimal Window: Prime Time for Trade-In
You have passed the 2-year mark with significant unearned interest remaining. Resale market values remain attractive for trading up.
Choosing by Monthly Budget? Top Recommended Pre-Owned Cars
Not sure which car fits your monthly installment? Dong Huat Services JB keeps inspected quality inventory ready for daily viewings, test drives, and fast loan approval!
Ideal first car or daily commuter with ultra-low fuel consumption and affordable upkeep.
The favorite choice for Singapore commuters and families. High resale value and bulletproof reliability.
Spacious comfort for family road trips, commanding driving height, and modern safety features.
Looking for a specific trim, color, or year? Our nationwide network sources certified pre-owned vehicles tailored to your exact criteria!
Want to Test Drive First? Book a Showroom Viewing!
Visit our Taman Johor Jaya and Desa Jaya showrooms. Transparent pricing, zero hidden fees, and on-site loan qualification.
Automotive Finance Essentials: Rule of 78 & Trade-In
Understand how statutory interest rebates work under Malaysian law to maximize your financial benefit when trading up.
Front-Loaded Interest
For a 7-year tenure, the first 30 months account for over 60% of all interest accrued over the life of the loan.
Statutory Rebate Rights
Under the Hire Purchase Act 1967, financiers are legally bound to grant statutory rebates on all unearned interest.
Dealership Payoff Service
Dong Huat Services directly clears your outstanding bank settlement, releases e-Hakmilik and offsets equity into your replacement car.
4 Steps to Settle Loan & Trade-In in Johor Bahru
致电贷款银行客服索取官方 Full Settlement Letter（注明确切结清数额与有效期）。
把车开到东发车行展厅，核算二手收购价扣除银行结清款后的净值（Net Equity）。
东发车行开支票帮您还清银行欠款，银行系统注销 JPJ e-Hakmilik 抵押。
旧车净值多出的款项直接充当新挑选车辆的首付款，完成无缝以旧换新！