What Fees Do — You Pay When Buying A Used Car

: A summary stating: "To drive this car home, you need

Guide to Buying a Second-Hand Used Car in Singapore - SingSaver what fees do you pay when buying a used car

: This must be renewed every 6 or 12 months. For cars older than 10 years, an additional surcharge of 10% to 50% is added annually. Dealer & Administrative Charges : A summary stating: "To drive this car

: In Singapore, it is mandatory to have insurance before the ownership can be transferred. : User selects whether they are buying from

: User selects whether they are buying from a Private Seller (no admin fees) or a Dealer (includes admin/GST charges).

: If financing, interest rates can add significant costs over the loan term. Experts often suggest the 20/3/8 rule (20% down, 3-year term, payment Immediate Ownership Costs

: A flat fee of $25.00 paid to the Land Transport Authority (LTA) to transfer car ownership .