Frequently Asked Questions

Customs

What are the relevant costs for cars in Singapore?

The relevant car costs in Singapore are the Open Market Value (OMV), Registration Fee (RF), Additional Registration Fee (ARF), Quota Premium for a Certificate of Entitlement (COE), Road Tax, Excise Duty, Goods and Services Tax (GST), Emission Surcharges under the Vehicular Emissions Scheme, Used Car Surcharge (if any), Special Tax (for Diesel or Diesel-CNG cars) and the Electric Vehicle Early Adoption Incentive (from 1 January 2021). For more information, you may visit https://www.onemotoring.com.sg/content/dam/onemotoring/Buying/Car_Cost_Update/Car_Cost_Update.pdf

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What is the Certificate of Entitlement (COE)?

COE is the "license" to own and use a car in Singapore.

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How long can I use the COE for?

Each Certificate of Entitlement can be used to drive the car for 10 years. After 10 years, you can extend the COE by paying for another 5 or 10 year COE. Alternatively, you can deregister your vehicle.

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How is road tax calculated in Singapore?

You can use the road tax calculator to calculate the road tax on your car, which is calculated depending on the engine capacity, age, normal/red plate and fuel type. (https://vrl.lta.gov.sg/lta/vrl/action/pubfunc?ID=EnquireRoadTaxByEngCap)

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