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2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid
2016 Škoda Rapid

Photo 1 of 21

2016 Škoda Rapid

  • 161,000 km
  • Diesel
  • Manual

ISK 1,190,000

Open on Bílamiðstöðin(opens in a new tab)

BílamiðstöðinListed Mar 4, 2026245 days on the market

Car loan example

Likely range

ISK 1.15M to 1.3M

Estimate: ISK 1,221,631

Based on 2016 Rapid cars (6)

Too few similar 2016 cars to judge the price.

About the car

First registered
2/2016
Mileage
161,000 km
Fuel
Diesel
Gearbox
Manual
Drive
Front-wheel drive
Power
90 hp
Engine size
1,422 cc
Seats
5

What the seller states

  • Next inspection 2026
  • Towing capacity 1,000 kg

Costs

Car loan example

Monthly payment, APR and the whole example

About ISK 17,600 a month

APR 14.3%

Representative example

Price
ISK 1,190,000
Down payment
ISK 238,000
Loan for the car
ISK 952,000 (80% of the price)
Arrangement fee, added to the loan
3.20% (ISK 30,464)
Registration fee, added to the loan
ISK 1,500
Total loan amount
ISK 983,964
Term
7 years
Interest rate
11.65% variable
Payment fee
ISK 395 with every payment (electronic notice)
Monthly payment
ISK 17,581 including the payment fee
Total amount payable
ISK 1,476,804
Total cost of credit
ISK 523,304
Annual percentage rate (APR)
14.3%
  • The arrangement fee and the registration fee are added to the loan, as the lenders do.
  • Lenders require third-party and comprehensive insurance; its premium is not in the APR.
  • Rate and fees from a lender's price list valid from Aug 20, 2026; other lenders' terms may differ.
  • We do not lend money or arrange loans; the lender sets the terms.

Lenders' terms

The same loan at each: ISK 952,000 over 7 years, at the rate and fees in each lender's published price list.

  • Arion banki

    The longest term for this car is 48 months.

    Arion banki: car loans(opens in a new tab)
  • Ergo

    The longest term for this car is 24 months.

    Ergo: car loans(opens in a new tab)
  • Landsbankinn

    Lends on cars 9 years old or younger.

    Landsbankinn: car loans(opens in a new tab)
  • LykillAbout ISK 17,600 a month

    Rate 11.65% · APR 14.3% · total cost of credit ISK 523,304

    See the terms Lykill
    Price
    ISK 1,190,000
    Down payment
    ISK 238,000
    Loan for the car
    ISK 952,000 (80% of the price)
    Arrangement fee, added to the loan
    3.20% (ISK 30,464)
    Registration fee, added to the loan
    ISK 1,500
    Total loan amount
    ISK 983,964
    Term
    7 years
    Interest rate
    11.65% variable
    Payment fee
    ISK 395 with every payment (electronic notice)
    Monthly payment
    ISK 17,581 including the payment fee
    Total amount payable
    ISK 1,476,804
    Total cost of credit
    ISK 523,304
    Annual percentage rate (APR)
    14.3%
    Lykill: car loans(opens in a new tab)
  • Rates and fees are from the lenders' published price lists, read Nov 2, 2026. A lender may add a margin to the rate after its credit check.
  • The arrangement fee and the registration fee are added to the loan, as the lenders do.
  • The total cost of credit and the APR include the arrangement fee, the document fee and the credit assessment where the price list names them for a car loan, and the payment fee with each payment (electronic notice). The registration fee is a public fee and not counted as a cost of credit.
  • An example for comparison, not a promise of a loan: the lender decides whether and on what terms it lends. We have no partnership with any lender and send them nothing about you.

Running costs a year

Vehicle tax, the per km fee and fuel at your own driving
Vehicle tax (bifreiðagjald)
ISK 42,520
Per km fee (kílómetragjald)
ISK 104,250
Fuel
ISK 173,775
Insurance
Depends on the insurer
Total a year
ISK 320,545
A month
ISK 26,712
  • Vehicle tax: ISK 21,260 for each half year, plus a charge for emissions above the limit, worked from the registered CO2 emissions (law 39/1988; Skatturinn, Nov 2, 2026).
  • Per km fee: ISK 6.95 per km for passenger cars with a permitted total weight up to 3,500 kg, from Jan 1, 2026 (Skatturinn, Nov 2, 2026).
  • Diesel: ISK 331 a litre, the average self-service price (GSMbensín, Nov 2, 2026). Consumption is worked from the registered emissions (US EPA: CO2 per litre); winter driving usually uses more.
  • Insurance is not priced: insurers publish no prices, and it depends on the car and on you.

Similar cars

  • 2016 Škoda Rapid

    163,000 km · Diesel · Manual

    ISK 1,290,000

    Bílasölur.isListed before Oct 11

  • 2016 Škoda Rapid Ambition

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  • 2015 Škoda Rapid

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  • 2017 Škoda Rapid 1 4 TDI

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