You will pay an excise duty of 20% of the OMV plus the standard GST.
This is a mandatory permit to own and use a vehicle for 10 years. Prices for COEs are determined by a bi-monthly bidding process and can often exceed the actual cost of the car. buy car singapore
Depending on the car's emission levels, you may receive a rebate or be required to pay a surcharge. Buying Options You will pay an excise duty of 20%