5 Cheapest Cars In Singapore Available In 2021

Cars in Singapore are notoriously expensive, thanks to the many taxes imposed on them through the government. These include the Certificate of Entitlements (COEs), Additional Registration Fee (ARF), Excise Duty, GST and the Vehicular Emission Scheme (VES).

But should you actually need (or wish to) to possess an automobile in Singapore, you will be happy to understand that COE prices have been declining in the last 2 yrs, and currently stands at $25,920 as of January 2021.

This has resulted in car distributors lowering their sales price for 2021 to be able to attract budget car buyers.

Cars are a costly expenditure and that we strongly encourage you to calculate the long term price of owning one before you buy it. However, if you're still keen to own a car, here are some of the cheapest cars you can buy in Singapore today.

Honourable mentions: Honda Jazz ($68,999), Kia Cerato ($72,999), Suzuki Swift ($71,900)

# 5 Perodua Axia 1.0 (A) – $68,800

Source: sgCarMart

Despite the decline in COE prices in the last Twelve months, the price of last year's least expensive car, the Perodua Axia, hasn't dropped. This makes it your fifth least expensive car on our list for 2021.

Considered a small hatchback, the car's fuel economy of 21.6km/l means that you're going to get higher mileage for your fuel. Features within this car are relatively simple containing electrical retractable side mirror, reverse sensor and 2 airbags.

# 4 Nissan Note 1.2 Lite (A) – $68,300

Source: Nissan

The least expensive variant of the Nissan Note is priced at an extremely competitive $68,300. This eco-friendly Japanese car comes with keyless engine start, auto headlights, electrical retractable mirrors and an impressive fuel consumption of 20km/l.

At its current price, the Nissan Note is surely a vehicle for serious thought if you are looking for an affordable hatchback car from the reputable automobile manufacturer.

# 3 Hyundai Accent 1.4 CVT (A) – $66,999

Source: Hyundai

The most effective car about this list, this Korean car is a reasonable choice for owners who would like a big-enough sedan to suit their growing family. With a boot capacity of 465L and standard features such as engine push start stop, GPS system and bluetooth interface, it is a safe option for people who want a larger car without needing to spend more compared to what they need to.

# 2 Mitsubishi Attrage 1.2 CVT Elegance (A) – $57,999

Source: sgCarMart

You know a car is a value-for-money buy when it is also the preferred choice for full-time private-hire drivers.

Though considered a compact sedan, the Attrage is spacious enough to suit three adults comfortably in its back row. Additionally, it has a boot capacity of 450L, which is larger than cars like the Audi A3 sedan (425L) and also the Mazda 3 sedan (408L). Its fuel consumption reaches an acceptable 20.4km/l. Depreciation reaches just $5,500 per year.

The Attrage can also be pretty stacked with features that you would like – for example 6 airbags, keyless engine start, electrical retractable side mirrors and bluetooth interface. You are not likely to win any races on the expressway, or just about elsewhere, but that's not the reason why anyone is buying this car to begin with.

It's also popular enough such that you shouldn't expect an issue finding workshops in Singapore that may service and do parts replacement in the future. However, given the very generous Ten years engine warranty and Five years unlimited mileage warranty, you might not end up needing to find one anytime soon.

# 1 Perodua Bezza 1.3 (M) – $54,800

Source: Perodua

In its make an effort to contend with the Attrage, Perodua has slashed the cost of the Bezza with the manual version of this Malaysia-made sedan available these days at just $54,800. The automatic transmission costs $56,800.

What this means is that if you're basing you buy the car decision purely in price, the Bezza will be the best choice for you today.

The Bezza is really a no-frills car that's relatively spacious with simple features. Like most cars about this list, it's interior build is passable though uninspiring. Having said that, an easy car like the Bezza ought to be cheaper to keep in the long run because there could be less parts that could fail.