{"id":11595,"date":"2023-10-06T00:48:00","date_gmt":"2023-10-05T23:48:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2824172"},"modified":"2023-10-06T00:48:00","modified_gmt":"2023-10-05T23:48:00","slug":"in-singapore-just-the-right-to-own-a-car-starts-at-76000-excluding-the-car","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/10\/06\/in-singapore-just-the-right-to-own-a-car-starts-at-76000-excluding-the-car\/","title":{"rendered":"In Singapore, Just The Right To Own A Car Starts At $76,000 \u2013 Excluding The Car"},"content":{"rendered":"

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Singapore has long been one of the most expensive countries on earth to buy a car and residents will now have to cough up more than ever to register and drive their vehicles on local roads.<\/p>\n

To drive a car in Singapore<\/a>, individuals must participate in a bidding process to obtain a Certificate of Entitlement (COE) that grants them the right to drive a vehicle for a decade. Introduced in 1990 to manage car numbers, COE costs have recently surged. The lowest certificate, Category A for vehicles with engines up to 1.6 liters or under 130 hp, now commences at S$104,000, roughly equivalent to US$76,000 in the United States.<\/p>\n

For Category D, encompassing larger vehicles with engines exceeding 1.6 liters or over 130 hp, the COE commands a steep price of S$146,002 (US$106,000). Furthermore, the “Open” category, which imposes no restrictions on vehicle type, has soared to a record high of S$152,000 (US$112,000).<\/p>\n

In the commercial vehicles segment, denoted as Category C that includes buses and vans, COE premiums are set at S$85,900 (US$63,000). As for motorcycles, listed under Category D, the COE costs S$10,856 or nearly US$8,000.<\/p>\n