Buying a new car in Singapore is a little bit difficult thing, because of land in Singapore. Singapore is islands and there is only small land. It means it is too small to drive a car. So government established COE (vehicle ownership) which is bidding system and several taxes. Now let’s talk about how to buy a secondhand car.
The secondhand car has COE which is comes from ex-owner. Secondhand cars are not required to get a new COE. So if you change the name, and get insurance, you are able to drive. So the value of the car will change by the period of the COE, and number of owner.
However, Singapore is a major exporter country. Most number of secondhand cars is exported to foreign countries, so there are small numbers of secondhand car in Singapore. So it is difficult to find a good condition car.