Owning a compact sedan in the city-state costs, on average, around 125,000 Singapore dollars ($90,430), according to local financial website Value Champion. A car in Singapore can cost five times the amount it retails for in the US, per local financial website Budget Direct.
In addition to the base cost of a car, there are also additional fees to account for in Singapore, including a Certificate of Entitlement (COE). COE is a license that allows an individual to own and operate a vehicle in Singapore for 10 years. As of June 2022, the average cost of COE for a basic car is S$74,000 ($53,407), according to the Land Transport Authority.
Cars are also subject to excise duty and goods and services tax, an additional registration fee, and a price rebate and surcharge that depends on the vehicle's carbon emissions.
Insider has compiled a US-to-Singapore price comparison for five popular car models. All car prices are sourced from the manufacturers' official websites in each country. All Singapore car prices in this article, except for Tesla, include COE; the Tesla car price does not include COE.