This works out to a scrap value of S$4,957, and an estimated annual depreciation of S$6,184.30.
#CHEAP SPACIOUS CARS DRIVERS#
Perodua is a popular manufacturer of budget family cars in Malaysia, and its inclusion in the Singapore car market presents thrifty drivers with a reliable and wallet-friendly option in a sea of high car prices.Īvailable for S$67,000 and change, this hatchback has an Open Market Value (OMV) of S$9,914. ^Monthly instalment based on 50% loan over 7 years at 2.78% annual interest rate.Ĭompare Best Car Insurance Perodua Axia 1.0 Standard G (A) – S$66,800Īt the time of writing this article, the cheapest new car model available for sale in Singapore is the Perodua Axia 1.0. (Yeah, it’s still expensive, but there’s nothing we can do about that, sorry!) 7 new cars available for under S$100,000 Brand and modelĮstimated annual depreciation (10-year usage) To help you find a new car at the right price, we’ve sussed out seven of the best new models you can find in 2022, each with a price tag of under $100,000.
Some of us simply need to own and drive our own cars. What’s a money-conscious Singaporean to do? Well, public transport and private-hire rides are compelling alternatives, but these options don’t work for everyone. Until we enter the glorious age of flying cars and personal jetpacks, nobody expects an end to the Certificate of Entitlement (COE) scheme. Private cars have been so expensive for so long that the majority of drivers in Singapore have simply rolled over and accepted it as just another fact of life. Here’s our pick of seven new (and new-ish) car models to consider if you’re on a budget.
Looking for a brand new ride in 2022, but wary of spending too much? We’ve got you covered.