The latest COE results
From data.gov.sg, checked a few times a day for new bidding results.
Tap any tile to start comparing cars with these premiums
How it works
From sticker price to an estimated monthly cost, in three steps
Enter the car
Paste the asking price, pick the COE category, and set your loan terms. Pre-filled popular models are a click away.
See the real breakdown
We layer in depreciation, PARF rebate at dereg, interest, road tax, insurance, parking and running costs — using the latest LTA rules.
Compare options side-by-side
Stack up to four cars, or run a keep-vs-repair-vs-buy scenario against your current car to see which option wins over the years you'll actually keep it.
Make the right decision before committing
Owning a car in Singapore is expensive — but the bigger risk is choosing the wrong option.
Whether you're repairing your current car, buying used, or going new, this tool helps you compare real costs before you commit.
Not just cost — what's worth it
The cheapest option isn't always the best.
A newer car may cost more but offers reliability and fewer unexpected repairs. Keeping your current car may save money — if it remains dependable.
This tool helps you understand both the numbers and the trade-offs.
Sample output
Illustrative — not a real listing
What a calculator result looks like: one headline monthly figure, the numbers that drive it, and a deal-check against paper value.
True monthly burn
$3,280
COE expiry
Mar 2032
Deregistration value
$41,200
Is this a good deal?
$45,000 – $58,000
🔴 Overpriced by 8%
Asking $56,000 · avg estimate $51,500 · paper value + typical dealer margin.
Buy Score — Reasonable hold
COE renewal math works. Consider renewing over selling.
All figures shown above are illustrative. Real results depend on the specific car, COE, loan terms and your inputs.
Example breakdowns
See it in action
Estimated costs for representative Singapore used-car listings captured in March 2026, using standard assumptions. Actual figures will vary — use the calculator for your specific car.
Estimates based on representative Singapore used-car listings captured in March 2026. Assumes 15,000 km/yr, 60–70% LTV at 2.78% flat rate over 7 years, $200/mo parking, $80/mo ERP. SGCarPrice is not affiliated with any dealer or manufacturer. These figures are for illustrative purposes only and should not be relied on as financial advice.
What you get
Three numbers that actually matter
True monthly burn
Loan repayment, COE amortisation, depreciation, insurance, road tax — every cost, divided over your ownership period. One honest number.
Lifetime cost to COE expiry
The full 10-year picture — every dollar out from day one to deregistration, minus the PARF rebate and scrap value you get back. The viral forum breakdown, computed on your numbers.
Buy score
A rough 0–100 score: my estimate of whether this car at this price is good value, not just affordable.
60-second reality check
How much car can you actually afford?
Slide your take-home pay. We apply a common 15%-of-income rule of thumb and map it to a realistic car segment — a rough sanity check before you walk into a showroom.
You can realistically own
Budget hatchback (Cat A used)
Typical asking-price range: $90k – $120k
- ✓Keeps total car spend inside the 15% safety zone
- ✓Leaves room for parking, ERP, fuel, insurance
- ✓Assumes 7-year loan, 60% LTV, 2.78% flat rate
The 15% rule is just a rule of thumb — not personal financial advice. Use the calculator for an estimate on a specific car.
FAQ
Common questions
How much salary do I need to afford a car in Singapore?+
A common guideline is to keep total transport spending (loan repayment + running costs) below 15–20% of your monthly take-home pay. At that ratio, a $6,000/month take-home salary supports roughly $900–$1,200/month in car costs — which typically corresponds to a budget car with a Cat A COE. For most mid-range cars with a Cat B COE, a take-home of $8,000–$10,000+ is more realistic.
What is the biggest cost of owning a car in Singapore?+
Depreciation — by far. In Singapore, depreciation (the loss in value over the ownership period) typically accounts for 50–65% of the true monthly cost. This is driven by the COE system: you're essentially paying for the right to own a car for 10 years, and that premium depreciates to near-zero. Running costs (fuel, insurance, road tax, maintenance) are secondary.
What changed with the 2026 Budget PARF cuts?+
On Feb 13, 2026, the government cut the PARF rebate schedule sharply: a car under 5 years old now rebates 30% of ARF paid (down from 75%), stepping down to 5% by year 10, with the cap halved from $60,000 to $30,000. PARF is the rebate you receive when you deregister a car before its COE expires. Cars registered after Feb 13 therefore have a significantly lower 'paper value' — and higher true depreciation cost — over their lifetime.
Is a used car cheaper to own than a new one?+
Often yes on monthly cost, but not always. A used car typically has a lower asking price and lower COE premium, which reduces depreciation. However, it may have higher maintenance costs as it ages, less remaining COE life, and a lower PARF rebate at deregistration. The best way to compare is to calculate the true monthly burn for both — which is exactly what SGCarPrice does.
What happens when my COE expires?+
You have two options: renew the COE (for 5 or 10 years at the prevailing premium, forfeiting the PARF rebate) or deregister the car and collect the PARF + COE residual rebate. The right choice depends on the condition of the car, how much COE renewal costs vs buying a new car, and how much of the original ARF is still rebatable. SGCarPrice's Keep vs Buy mode lets you compare keeping your current car against buying, including cars that have already renewed their COE.
Does SGCarPrice store my data?+
The calculator works in your browser, and you don't need an account to use it. If you sign in and save a comparison, it's kept with your account so you can open it again later. The terms of use cover the rest.
Where the numbers come from
Latest COE results
COE results from data.gov.sg, Singapore's official open data portal.
Based on LTA's published rules
PARF and ARF follow my reading of LTA OneMotoring's published rules.
Budget 2026 rules
The PARF rebate changes from 13 February 2026, including the $30,000 cap, are built into the calculations, as I understand them.
Ready to see your estimate?
Enter a Singapore-registered car and get an estimated cost breakdown.
Free guide
Cost of Owning a Car in Singapore
COE explained, PARF changes, depreciation, new vs used, and how to do a proper 10-year total-cost breakdown — everything in one place.
Car cost and depreciation in Singapore
The cost of owning a car in Singapore includes COE, depreciation, insurance, and maintenance.
Car depreciation in Singapore is often the largest cost, especially for newer vehicles. COE prices also significantly affect total ownership cost and resale value.
When comparing used cars vs new cars in Singapore, it's important to look beyond the price and consider total monthly cost and long-term value.
Use this calculator to compare your own situation and make a more informed decision.