2020 Mitsubishi L200 Instyle

ISK 7,990,000

15.5% above estimateEstimate ISK 6.91M

Toyota ReykjanesbæListed by Oct 24, 2026 at the latestat least 9 days on the market

Price check

ISK 7,990,000 is 15.5% above estimate, above the likely range.

Medium confidence

Based on 2020 L200 cars (15) · Likely range: ISK 6.25M to 7.65M · Estimate: ISK 6,914,945

Monthly payment, APR and the whole example

About ISK 115,600 a month

APR 13.6%

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.

The same loan at each: ISK 6,392,000 over 7 years, at the rate and fees in each lender's published price list.

Arion bankiAbout ISK 115,800 a month
Rate 11.70% · APR 13.6% · total cost of credit ISK 3,333,940
See the terms Arion banki
Price
ISK 7,990,000
Down payment
ISK 1,598,000
Loan for the car
ISK 6,392,000 (80% of the price)
Arrangement fee, added to the loan
3.10% (ISK 198,152)
Total loan amount
ISK 6,590,152
Term
7 years
Interest rate
11.70% variable
Payment fee
ISK 505 with every payment (electronic notice)
Monthly payment
ISK 115,785 including the payment fee
Total amount payable
ISK 9,725,940
Total cost of credit
ISK 3,333,940
Annual percentage rate (APR)
13.6%
Arion banki: car loans(opens in a new tab)
Ergo
The longest term for this car is 72 months.
Ergo: car loans(opens in a new tab)
Landsbankinn
The longest term for this car is 60 months.
Landsbankinn: car loans(opens in a new tab)
LykillAbout ISK 115,600 a month
Rate 11.65% · APR 13.6% · total cost of credit ISK 3,327,008
See the terms Lykill
Price
ISK 7,990,000
Down payment
ISK 1,598,000
Loan for the car
ISK 6,392,000 (80% of the price)
Arrangement fee, added to the loan
3.20% (ISK 204,544)
Registration fee, added to the loan
ISK 1,500
Total loan amount
ISK 6,598,044
Term
7 years
Interest rate
11.65% variable
Credit assessment
ISK 7,000
Payment fee
ISK 395 with every payment (electronic notice)
Monthly payment
ISK 115,637 including the payment fee
Total amount payable
ISK 9,720,508
Total cost of credit
ISK 3,327,008
Annual percentage rate (APR)
13.6%
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.

Vehicle tax, the per km fee and fuel at your own driving

Driving a year (km)

Consumption (l per 100 km)

Enter the car's consumption to see the energy cost.

Vehicle tax is not worked out: the ad does not give what it needs.
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).
Insurance is not priced: insurers publish no prices, and it depends on the car and on you.

2020 Mitsubishi L200 Instyle
90,000 km · Diesel · Automatic
ISK 6,990,000
Near estimate
BílamiðstöðinListed Oct 15
2020 Mitsubishi L200 Double CAB 2 2 TDI
90,000 km · Diesel · Automatic
ISK 6,490,000
6.1% below estimate
diesel.isListed Oct 30
2020 Mitsubishi L200
92,000 km · Diesel · Manual
ISK 6,390,000
6.9% below estimate
BílakjarninnListed Sep 14
2020 Mitsubishi L200
87,000 km · Diesel · Manual
ISK 6,790,000
Near estimate
BílaborgListed before Oct 25