COSTS of buying a car in Singapore
Car Price (For new or Second Hand Car) see OMV
Custom Duty - 20% of OMV
Additonal Registration Fee - 100% of OMV
Registration Tax - SGD 140.00
GST - 7%
Vehicle Number Plate - average SGD 25 - 30
Road Tax - see website for calculation below
COE
Insurance
Vehicle Radio License Fee - SGD 27 annual
Electronic Road Pricing (ERP) a special toll when driving into the city during peak hours