Buying a Car in Singapore

Singapore is one of the most expensive places in the world to own a car. The same model of car costs several times more in Singapore compared to the United States. For example, for the price you would pay to buy a Toyota Camry in Singapore, you can buy four Camrys in the United States. The price of cars is kept deliberately high to minimize congestion.

It is just not worth the while to buy a car if you are going to stay in Singapore for a short period, of say less than five years. If you are an expatriate coming to work in Singapore, you will find that many expatriates make do with either leasing or taking the taxi. Singapore's excellent public transport makes owning a car a true luxury.

The Mercedes-Benz Center on Alexandra Road, Singapore
Author: Terence Ong (Creative Commons Attribution 3.0 Unported)

New or Used?

If you want to be free of hassles (and can afford that option), buy a new car. A new car in Singapore is no value for money. It is truly a status symbol. As soon as you drive it out of the auto showroom, 35% of its price has evaporated into thin air.

The only thing you need to buy a new car (apart from copious amount of money), is a valid residence permit. With that in hand, you can begin your auto shopping: here's a list of New Car Dealers in Singapore.

At this point, you may wonder about stuff like Certificate of Entitlement (COE), insurance, financing and other related hassles related to buying a car. Fear not. Your dealer will usually have a prepared package that takes care of all that on your behalf, in turning of your signing on the dotted line.

If you want to do some window shopping for cars, most of the auto showrooms are found along Alexandra Road and Leng Kee Road. Many of these showrooms are next to one another screaming for you to come in and check out their displays.

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Please use the information on this page as guidance only. The author endeavours to update the information on this page from time to time, but regrets any inaccuracies if there be any.

About this website

Dear visitor, thank you so much for reading this page. My name is Timothy Tye and my hobby is to find out about places, write about them and share the information with you on this website. I have been writing this site since 5 January 2003. Originally (from 2003 until 2009, the site was called AsiaExplorers. I changed the name to Penang Travel Tips in 2009, even though I describe more than just Penang but everywhere I go (I often need to tell people that "Penang Travel Tips" is not just information about Penang, but information written in Penang), especially places in Malaysia and Singapore, and in all the years since 2003, I have described over 20,000 places.

While I try my best to provide you information as accurate as I can get it to be, I do apologize for any errors and for outdated information which I am unaware. Nevertheless, I hope that what I have described here will be useful to you.