5 Cheapest Cars In Singapore That You Can Buy In 2021

To the surprise of numerous, in spite of the global pandemic and what appears to be one of the worst recessions in Singapore's history, COE prices have raised significantly in 2021. By the first bidding in January 2021, COE prices for Category A are in $40,609, Category B reaches $49,001 while Category C is at $49,489, making COE prices at their highest level since May 2021.

As a direct result higher COE prices, car prices in Singapore are additionally more costly. This doesn't bode well for those of us hoping to buy an inexpensive car in Singapore. If you do not urgently need a car, or can wait before altering your existing car, it might be prudent to hold back for COE prices to melt first. Furthermore, before committing to the purchase of a car, it's also important to consider the long-term cost of having a car in Singapore.

That said, if you need a car urgently and also have the funds to afford one, here are some from the cheapest cars you can purchase in Singapore today.

All prices below are as quoted by the authorised dealers during the time of writing.

#5 Mazda 2 Hatchback 1.5 Standard (A) – $81,888

At a lot more than $80,000, this entry-level hatchback offered by Mazda is far from what you would consider cheap. However, with high COE prices, this is just the time that we reside in. If you wish to drive an entry-level car, you need to be prepared to pay.

According to Mazda, fuel consumption reaches an acceptable 18.5km/L. It's a hatchback, so pricier a lot of boot space because it only offers about 250L worth. As the Standard version comes with just 2 airbags, the Deluxe version that amounted to more includes 6 airbags along with other added technology to ensure that might be worth upgrading for if you don't mind spending several thousand dollars more. It's quick as well, with a 0-100km/hr duration of 10.1 seconds.

#4 Mitsubishi Space Star 1.2 CVT Style (A) – $73,999

A small and nimble hatchback, the Mitsubishi Space Star is a great alternative for couples or small families who do not need so much space. At approximately $8,000 less expensive than the Mazda 2, the Space Star also comes with 6 airbags and some capabilities such as keyless engine start, auto headlights and electrical retractable side mirrors. Its fuel consumption rate of 21.2km/l also makes it economically sound choice for drivers who are intending to obtain the best possible mileage from their car within the long-term.

#3 Mitsubishi Attrage 1.2 CVT Style (A) – $73,999

We used to think about the Mitsubishi Attrage because the bigger brother when compared to Space Star, but we believe it's better to think about the 2 cars as cousins. Pricewise, Cycle and Carriage has priced them equally now, it isn't so much as which car is better but instead, which is more desirable for you.

The Mitsubishi Attrage is what you'll go for should you prefer a bigger car with more space. It may quite comfortably take 3 adult passengers at the back and has a boot space of 450L, which is bigger than many other sedans which are priced higher. Similar to the Space Star, it also includes 6 airbags featuring that you want such as keyless engine start, auto headlights and electrical retractable side mirrors.

All in all, an affordable choice if you prefer a Japanese sedan.

#2 Perodua Myvi 1.3 X (A) – $71,999

A Malaysian car manufacturer, Perodua currently offers two car models in the Singapore market.

The Myvi is the smaller (and more expensive) of these two. A little hatchback, it offers a basic no-frill drive and comes with 4 airbags, keyless engine start and electrical retractable mirrors. Boot space is at 277L while fuel consumption is at 21.1km/L.

#1 Perodua Bezza 1.3 Premium X (A) – $68,999

Considering that COE prices for Cat A is already at the $40,000 mark, it's nice to see that there's still an automobile on the market which is priced below $70,000.

At $68,999, you're essentially paying just $28,999 for this car once you consider the present COE price. And if you consider the PARF rebate for the car if you deregister after 10 years which may be about $5,500, you may be paying about $24,000 for that car, minus the COE cost of course.

For that, the Bezza provides you with 2 airbags, a whooping 508L of boot space with reported fuel consumption of 21km/l. It is a proper-sized sedan that provides enough space for passengers therefore it is perfect for those road trips to Malaysia (once COVID-19 has ended).

But best of all, it is the cheapest car you can buy in Singapore right now.

If you'll need a car but aren't prepared to spend so much on a single, you can look at obtaining a used car instead. Motorist is definitely an automotive platform that permits you to buy used cars in Singapore. Alternatively, if you already have car that serves you well, why not consider renewing your COE instead?

Whether it's to buy a second hand car, renew your COE in order to rent an automobile, Motorist can help you search making better car-related decisions in Singapore. You can download the Motorist app on the App Store or Google Play.