Singapore consistently ranks as one of the most expensive places in the world to own a car. Between the COE premium, Additional Registration Fee, dealer markup, and insurance, the upfront cost alone can exceed several years of savings. That is why budgeting based on your salary — not just the sticker price — is essential before you step into a showroom.

Beyond the purchase, ongoing costs like loan repayments, petrol, parking, road tax, and maintenance add up quickly. This calculator uses Singapore's TDSR framework to estimate a realistic budget ceiling. For a complete picture of what you will actually spend over your ownership period, pair it with the total cost of ownership calculator.