2021 Renault Arkana S Edition E-Tech

Representative example

Price

ISK 3,390,000

Down payment

ISK 678,000

Loan

ISK 2,712,000 (80% of the price)

Term

7 years

Interest rate

11.65% variable

Monthly payment

ISK 47,763 including the payment fee

Arrangement fee

3.20% (ISK 86,784)

Credit assessment

ISK 7,000

Payment fee

ISK 395 with every payment

Total amount payable

ISK 4,105,876

Total cost of credit

ISK 1,393,876

Annual percentage rate (APR)

13.9%

• Lenders require third-party and comprehensive insurance; its premium is not in the APR.
• The state registration fee, ISK 1,500, is not included.
• 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.