Car ownership cost in Singapore: how much does a car really cost you?

Owning a car in Singapore is no small feat. Once you add depreciation, loan interest, petrol, parking, insurance, servicing, road tax, and all those ERP gantries on the way to work, your real car ownership cost can start to add up. And that’s not even counting the COE! So what will it come to for you? Answer a few quick questions and you’ll find out.

‍

What does a car actually cost you?

‍

Is owning a car right for you?

If the monthly figure fits comfortably in your budget and you drive every day, owning can make a lot of sense. Mostly need a car for weekend errands, a big grocery run, or the occasional trip up north, though? Then it's worth comparing that number with what you'd spend booking a nearby car only when you need one, where you pay for the time and distance you drive and the upkeep is taken care of for you.

There are a few ways to get around this, thankfully. For one, GetGo gives Singaporeans an easy way to drive around round town with car rentals starting from just $3 an hour. But if having dedicated car access is what matters for you, our sister service, ZipZap, provides flexible leasing that’s tailored for your unique needs and lifestyle.

‍

See you on the road,

Amanda 💙

‍

(Featured photo from: The Transport Enthusiast DC)

‍