Depending on the car's emission levels, you may receive a rebate or be required to pay a surcharge. Buying Options
A tax paid upon registration, calculated based on a percentage of the car's Open Market Value (OMV) . buy car singapore
Buying a car in Singapore is famously expensive due to a unique system of taxes and certificates aimed at managing vehicle population growth. To navigate this market, you must understand the primary costs and regulations that go beyond the car's basic price. The Core Costs of Ownership Depending on the car's emission levels, you may
You will pay an excise duty of 20% of the OMV plus the standard GST. To navigate this market, you must understand the
This is a mandatory permit to own and use a vehicle for 10 years. Prices for COEs are determined by a bi-monthly bidding process and can often exceed the actual cost of the car.