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Upfront Vehicle Costs

If you are buying a new vehicle in Singapore, here is a comprehensive guide to the costs you would need to look out for.

Open Market Value (OMV)

Find out the average OMVs of commonly-registered car models in Singapore.


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Vehicle Tax Structure

Find out about the tax structure and breakdown of the costs when you buy a new vehicle in Singapore.

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Additional Registration Fee (ARF)

Additional Registration Fee (ARF) is also payable when you register a vehicle.


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Certificate of Entitlement (COE)


A Certificate of Entitlement (COE) is required to own and use a vehicle in Singapore.

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Vehicle Registration Number (VRN)

You can bid for a preferred Vehicle Registration Number (VRN) if you do not want to use the VRN that is automatically assigned to your vehicle.

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Vehicle Import and Registration


You may import a vehicle from overseas and register it with LTA for use in Singapore.


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Vehicle Emission Schemes

Vehicles that are more fuel-efficient and emit less pollutants will get to enjoy rebates under the Vehicle Emission Schemes.

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Road Tax

Every registered vehicle in Singapore must have valid road tax.


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