What are the Costs of Owning a Car in Singapore?

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The Unseen Costs

Time to shift the focus to the small things that can turn into a big snowball in car costs. Here, we’re talking about fines, ERP charges, petrol costs, parking bills, car services and repairs, accessories and surely, car washes deserve a mention too.

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These bills will vary based on a number of factors (location, time and even damages in car repairs) and can only be tabulated when you’re actually owning a car.

Other costs that can be gaged or are fixed consist of the In-Vehicle Unit (IU) installation at S$155.80 and your number plate, which would usually be between S$25-S$30 for a regular number plate. If you want a specific car plate, the costs start from around S$1000.

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