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What is OMV? It stands for Open Market Value.

OMV is assessed by the Singapore Customs, based on the price actually paid or payable for the goods when sold for export to the country of importation. This price includes purchase price, freight, insurance and all other charges incidental to the sale and delivery of the car to Singapore.

To obtain the average OMVs of commonly-registered car models, please follow the steps below. The OMV obtained serves as your reference only and may differ from the actual OMV of the car you wish to purchase.

Click below for average OMVs of new cars registered in the previous years.
[2009] [2010] [2011] [2012]

For more details on basic car costs for car models registered last month by local authorised distributors, please click here.


Whilst every endeavour is made to ensure that the information provided is updated and correct, the Land Transport Authority disclaims any liability for any damage or loss that may be caused as a result of any unintended negligent error or omission. All specifications, illustrations, reports, information, data or any other details contained in this report are only intended to present a general reference or general idea for prospective vehicle buyers and not intended to give rise to any legal obligation or liability on the part of motor traders or the Land Transport Authority or any other party.