On 11 Dec 2017, the Competition Commission of Singapore (CCS) announced that it will soon be lifting warranty restrictions that require car owners to get their cars serviced only at predesignated workshops. By freeing drivers to service their cars at any workshops of their choice without worrying about losing the warranty on their cars, this measure is meant to make car maintenance more affordable. But is this really a game changer for most car owners in Singapore? Here is ValuePenguin’s assessment of potential impact of this policy on driver in Singapore. At least 30% of car owners could benefit from this policy First, it’s important to note that the CCS’s new announcement is mostly relevant to new car owners whose vehicles are less than 3 years old. Because most manufacturer warranties expire after 3 years, people who drive cars that are older than 3 years should already be enjoying lower prices at ......