Why Even "Cheap" Cars Are Expensive in Singapore

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#245 : - 10 September 2025 at 12:04 am

Why Even "Cheap" Cars Are Expensive in Singapore

Singapore’s high vehicle costs are driven by policies and taxes:

Certificate of Entitlement (COE): Typically between S$90,000 – S$110,000 for Category A vehicles (1,600 cc and below), and can go even higher. Paragon MotorsReddit

Additional Registration Fee (ARF): Tax based on vehicle's Open Market Value (OMV)—can be steep, especially for cars with higher OMVs. Paragon MotorsReddit

Other charges include road tax, insurance, and possible rebates for smaller-engine or hybrid vehicles.

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