Cheapest Cars That You Can Buy In Singapore

Cheapest Car in Singapore 2024 - Do you Know?

Last updated: March 2024

Key Takeaways:

  • Owning a car in Singapore can be cost-effective with the right choices.
  • The article lists the most affordable car models available.
  • Factors affecting cost include COE, PARF rebates, and running expenses.

What are the cheapest cars you can buy in Singapore?
In Singapore, where car ownership is notoriously expensive, finding the most affordable options is crucial. The cheapest cars on the market typically include budget-friendly brands and models that offer lower total cost of ownership, factoring in COE prices, PARF rebates, and maintenance costs. The article provides a curated list of such economical vehicles to help consumers make an informed purchase.

Here are some of our top picks on:

Top 6 Cheapest Cars in Singapore

1. Mazda 2 Hatchback 1.5

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Image Source: Mazda

Mazda 2 Hatchback 1.5 - Cheapest Car in Singapore

In the subcompact car market, the Mazda 2 Hatchback has a reputation for being a trendy and practical option.

For daily commuting and city driving, its 1.5-liter engine's excellent power and fuel efficiency make it a good choice.

With its slender lines and dynamic demeanor, the Mazda 2 Hatchback embodies Mazda's KODO signature design.

Its well-tuned suspension and precise steering make it pleasurable to drive in city traffic and around curves.

And despite its compact size, the Mazda 2's cabin offers a comfortable and well-built interior.

It has several appealing characteristics, like an easy-to-use infotainment system, cutting-edge networking choices, and sophisticated safety measures.

Estimated Price: $69,888

Read also: Cheapest car to maintain in Singapore

2. Nissan Note 1.2

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Image Source: Parkers

Nissan Note 1.2 - Cheapest Car in Singapore

Another well-liked subcompact car in Singapore is the Nissan Note 1.2, which is renowned for its practicality and fuel efficiency.

The 1.2-liter engine of the Nissan Note 1.2 is well renowned for its fuel-efficient operation. This makes it a sensible choice for city driving and daily commute.

It also delivers a shockingly large and well-designed inside despite its small outward size. Adult passengers may sit in the back seats with ease, and there is enough room in the back cargo area for daily requirements.

A user-friendly infotainment system, bluetooth connectivity, and keyless entry are just a few of the car's many useful amenities that add to the convenience of ownership.

Estimated Price: $69,000

3. Mitsubishi Space Star

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Image Source: Torque

Mitsubishi Space Star - Cheapest Car in Singapore

Mitsubishi Motors offers a compact hatchback called the Mitsubishi Space Star, sometimes referred to as the Mitsubishi Mirage in various areas.

The Mitsubishi Space Star is frequently lauded for its affordable pricing, which makes it a desirable choice for Singaporean customers on a tight budget.

Its compact size makes it simple to maneuver through crowded city streets and park in confined areas, which might be helpful in Singapore's urban setting.

And given Singapore's high gasoline prices, the Space Star normally achieves good fuel efficiency.

The Space Star also often has necessities like touchscreen infotainment, bluetooth connectivity, and keyless entry, even if it lacks the high-end models' abundance of technological and opulent equipment.

Estimated Price: $69,999

4. Perodua Myvi 1.3 X

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Image Source: Perodua

Perodua Myvi 1.3 X - Cheapest Car in Singapore

Due to its reasonable pricing and low ownership expenses, the Myvi has grown in popularity in a number of regions, including Singapore.

The Myvi's 1.3-liter engine is renowned for its fuel efficiency, giving it a cost-effective option for regular city driving.

The practicality of the Myvi's design is highlighted by its roomy cabin, which gives passengers plenty of headroom and legroom.

Its utilitarian appeal is heightened by the adaptable seating and cargo arrangements.

Basic yet practical features such a touchscreen infotainment system, smartphone connection, and other convenience features are frequently included with the Myvi 1.3 X.

Estimated Price: $63,000

5. Perodua Bezza 1.3 Premium X

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Image Source: Perodua

Perodua Bezza 1.3 Premium X - Cheapest Car in Singapore

The Bezza is frequently lauded for its affordable cost, which makes it a desirable choice for first-time buyers or those on a tight budget.

A rudimentary infotainment system, power windows, and air conditioning are often included with the Bezza, though it may not have all of the more sophisticated equipment seen in more expensive vehicles.

The Bezza's interior materials and fit and finish have been compared to those of more costly vehicles, and some critics have suggested that they seem more basic and unpolished.

The Bezza's engine is efficient, but some drivers could find it lacking in power and acceleration, especially when traveling on the highway or while carrying a full load of people.

Estimated Price: $59,999

6. Honda Fit 1.3

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Image Source: GooNet

Honda Fit 1.3 - Cheapest Car in Singapore

The popular subcompact hatchback Honda Fit, sometimes referred to as the “Honda Jazz” in various areas, is renowned for its versatility, effective use of space, and dependable performance.

The "Magic Seat" feature of the Honda Fit is renowned for enabling several seating arrangements and offering outstanding cargo space for a vehicle of its size.

In order to provide a tall room for hauling taller things, the rear seats may be folded flat or flipped up.

The Fit is another one of Honda's dependable automobiles, which is a reputation in itself. It receives a lot of accolades for its longevity and low maintenance needs.

And in order to improve the entire driving experience, Honda vehicles often have user-friendly infotainment systems, connection choices, and convenience amenities.

Estimated Price: $69,000

Related: Is Motorbike Cheap in Singapore?

Guide to Cheapest Car in Singapore

Which is the cheapest car?

Aside from the top 6 cheapest cars that we have listed above, there are still more options to choose from, from the cheapest cars you can purchase in Singapore.

For instance, the Kia Picanto, renowned for its small size and fuel efficiency, is also one of the most affordable cars in Singapore.

This affordable car is a popular choice for many Singaporeans since it is not only cost-effective to buy but also has minimal maintenance costs.

Meanwhile, the Mitsubishi Attrage is an additional choice for low-cost cars in Singapore.

This small car is a wise option for anyone searching for a cost-effective mode of transportation due to its affordable price and high fuel efficiency.

Additionally, the Suzuki Swift is also a good choice to take into consideration if you're searching for something a little bigger.

The Swift offers an excellent mix between performance and price, and is renowned for its sporty styling and quick handling.

So when it comes to the most affordable cars in Singapore, the Kia Picanto, Mitsubishi Attrage, and Suzuki Swift are all great choices to consider.

They offer competitive prices and practicality, making them attractive options for those looking to buy a car in Singapore.

Is buying a car in Singapore expensive?

Due to the hefty taxes and import tariffs imposed on vehicles, purchasing a car in Singapore can turn out to be quite costly.

The COE (Certificate of Entitlement) costs, extra taxes and fees, as well as the type and model of the automobile, all have an impact on how much it costs to buy a car in Singapore.

The insufficient land supply and government initiatives to reduce traffic and vehicle density are mostly to blame for the high price.

As a result, Singapore's automobile prices are often greater than those in many other nations.

However, there are still reasonable solutions accessible despite the pricey aspect of owning a car in Singapore.

So, when buying a car in Singapore, it's always crucial to conduct extensive research and take factors like fuel efficiency, maintenance expenses, and resale value into consideration.

Finding a car in Singapore that is within your price range and satisfies your mobility needs may be accomplished by carefully studying the market and looking at several possibilities.

How much is a car now in Singapore?

As of right now, there are many options available on the Singapore auto market to suit a variety of needs and interests.

The high taxes and import charges imposed on vehicles mean that even the most affordable cars in Singapore may still be much more expensive than those in other nations.

Currently, the least expensive car in Singapore costs somewhere about $50,000. Even though this may seem expensive, it's crucial to comprehend the elements that went into arriving at this pricing.

The cost of goods can be significantly increased by taxes and import fees, which raises the cost of cars in the nation.

Despite the high prices, consumers wishing to buy a car in Singapore still have a number of reasonable alternatives.

Compact hatchbacks and subcompact sedans, which are renowned for their price and fuel economy, are a few of popular options.

Smaller families or individuals who use their automobiles exclusively for commuting may find that these models, which frequently have simple features, are more suited for their needs.

There are other possibilities for second hand cars, which can provide a more cost-effective substitute for brand-new automobiles.

In Singapore, used automobiles are put through rigorous quality testing and inspection procedures to make sure they are still safe for the road and dependable.

What is a good car in Singapore?

There are a few things to take into consideration while selecting a good car in Singapore, which are the following:

Needs and preferences

It should be a car that primarily meets your wants and preferences.

You can decide if you need a smaller car for simple city mobility or a bigger car for greater room and comfort.

Fuel efficiency

In addition, given the high price of gasoline in Singapore, fuel economy is a significant factor to take into consideration.

To reduce your total expenditures, look for vehicles with high fuel efficiency.

Maintenance costs

It's also crucial to take into consideration the car's maintenance expenses and resale value.

A good car is one that is dependable and doesn't need expensive repairs and upkeep.

Safety and technology features

Last but not least, it's worthwhile to research safety features and technologies that can improve your driving experience.

Is it good to own a car in Singapore?

Both benefits and drawbacks can come with having a car in Singapore.

For example, if you reside in a location with few alternatives for public transit, having a personal car in Singapore gives you more control over your travel schedule.

Basically, it can make your commuting easier and time-efficient.

Having a car also allows you the opportunity to explore Singapore's picturesque areas and attractions at your own speed.

However, it's crucial to take into account how much it costs to buy a car in Singapore. In addition to the original purchase price, costs like insurance, road tax, and maintenance must be considered as well.

Fuel and parking fees might accumulate over time as well. Furthermore, Singapore has a limited and well-connected public transportation network, making getting about without a car rather simple.

Is it hard to buy a car in Singapore?

Honestly, due to a number of circumstances, purchasing a car in Singapore might be quite difficult.

First off, compared to other nations, Singapore has comparatively expensive car pricing due to the hefty taxes and import levies imposed on vehicles.

Finding the cheapest car in Singapore may get more difficult as a result.

Plus, the lack of available land and government initiatives to reduce traffic and vehicle density also contribute to the high cost of vehicles.

Additionally, there are other processes involved in buying an automobile in Singapore, including getting a COE and meeting different documentation requirements.

These factors may make the car-buying process more difficult and drawn out.

It is still possible to locate an inexpensive automobile in Singapore that fits one's budget and transportation needs, however it may take some careful study and consideration of variables like fuel economy, maintenance expenses, and resale value.

Can I own a car without a license in Singapore?

The answer is no, you cannot own a car in Singapore without a license. You need a valid driver's license to be able to operate a vehicle lawfully in Singapore.

A theory and practical driving test must be passed in Singapore in order to obtain a license.

There are also other conditions to be met, such as age limitations and medical exams.

Having a driver's license verifies that you are equipped with the knowledge and abilities required to drive a car safely on the road.

To maintain road safety and prevent accidents, it's critical to follow the rules put out by Singapore's Land Transport Authority (LTA).

How much is a permit to own a car in Singapore?

A COE system is one of several measures Singapore has put in place to reduce the number of vehicles on the road and traffic congestion.

For a period of 10 years, Singapore residents are allowed to own and operate vehicles with the COE.

At this time, a COE will cost around $25,000 for cars up to 1600cc and $41,000 for those with engines over 1300cc.

Other charges and taxes, such as the Goods and Services Tax (GST), the Additional Registration Fee (ARF), and the road tax, also need to be taken into consideration.

Each of these factors adds to the overall price of car ownership in Singapore.

To find the cheapest car in Singapore, it is important to factor in the cost of the permit along with other expenses when budgeting for a car purchase.

Cheapest Car in Singapore

Owning a car in Singapore might be pricey, but there are still a lot of choices if you're looking for the most affordable vehicle here.

Many factors, including the model, manufacturer, and COE, might affect how much a car costs in Singapore.

Despite the difficulties that may come with automobile ownership in Singapore, it may also offer convenience and flexibility to those who need it.

And keep in mind that having a car in Singapore requires having a valid driver's license.

Therefore, if you're thinking about buying a car in Singapore, do your research, compare pricing, and choose the choice that best meets your demands and your budget.

Read more:

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Guide to Used Car Prices in Singapore

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