Singapore is famous for its exorbitant car prices, largely thanks to legal requirements like Cost of Entitlement (COE) that drivers have to purchase to own a car. However, COE prices have declined significantly over the last year. In August 2017, a Category A COE cost approximately S$46,778, while they now go for S$30,209, representing a 17% drop. Category B COEs, which are required for larger vehicles, are 40% less expensive than they were in August of 2017, declining from S$53,711 to S$32,429. This drop will likely encourage individuals to purchase new vehicles. This made us wonder: how much do the most popular vehicles in Singapore cost now?
Most Popular Car Brands
New car registration data from the Land Transport Authority suggests that Toyotas are by far the most popular vehicle in Singapore. Since 2005, 209,846 new Toyotas were registered, much more than any other make. For example, Honda ......