After COE prices for CAT A reached a minimum of $ 23,568 in December 2018 and were between $ 25,000 and $ 26,000 in early 2019, the rest of 2019 saw COE prices climb.
In January 2020, CAT A COE prices were $ 35,010, about $ 10,000 more than the same period last year. Despite the uncertainties in the financial markets, it is clear that Singaporeans are still looking to buy cars in Singapore.
Cars have always been expensive in Singapore. So far, 2020 doesn’t seem like a good year if you’re looking for an affordable car. That said, if you really need to buy a car this year, here are some of the cheapest models you can consider.
Before committing to a car, be sure to first calculate the long-term cost of owning a car in Singapore. Indeed, the total cost of owning a car in Singapore goes far beyond the simple purchase price of a car.
Mitsubishi Attrage 1.2 CVT Modern (A) – $ 68,999

If you’re looking for a solid and reliable Japanese sedan in Singapore for less than $ 70,000, the Attrage is one of the best, if not the only, choice you have. According to Mitsubishi, the Attrage was designed to maximize interior space for drivers and passengers. Similar to the Space Star, it offers you six airbags, a keyless engine start and good fuel consumption of 20.4 km / L. Overall, a very logical choice in our opinion.
Perodua Myvi 1.3 X (A) – $ 66,999

The more expensive of the two Perodua models we have, the Myvi offers a no-frills basic workout for those who prefer a small hatchback to a full-size sedan. With a boot space of only 277 L, you will need to take light (or smart) travel even for this short family trip you are doing in Malaysia.
Mitsubishi Space Star 1.2 (A) – $ 70,999

A small, nimble car, the Mitsubishi Space Star is a reasonable choice for couples or small families who don’t need a lot of space. This small sedan offers drivers a fuel consumption of 21.2 km / L, making it an economically sound choice for drivers who want to get the best possible mileage from their car in the long term.
Nissan Note 1.2 Lite (A) – $ 67,888

The most basic variant of the Nissan Note is currently listed at $ 67,888, making this compact Japanese car one of the most affordable cars to buy in Singapore today. It should also be noted that the price of this car 12 months ago was $ 68,300, while the prices of the WCC were significantly lower. So that makes it a good deal today … right?
Perodua Bezza 1.3 Premium X (A) – $ 61,999

As of this writing, the Perodua Bezza is Singapore’s most affordable car. At the list price of $ 61,999, it’s at least $ 5,000 cheaper than Singapore’s next most affordable car.
Like the Myvi, the Bezza is a no-frills car that offers surprisingly more than you would expect. As an appropriately sized sedan, it offers a reasonable (or exceptional, depending on its marketing description) price to drivers and passengers. In addition, the boot space is 508 L, which is more than what many other Japanese, Korean and continental brands offer. There are great features like keyless engine start-stop and smart key smart entry.
See also: Best Men’s Fashion Stores in Singapore