Hey guys! I'll be covering the costs of car ownership in Singapore (as of June 2022). Here's a TLDR list of the most common expenses you'll incur in owning an entry-level car, so you can budget your finances accordingly:
1. Car Loan (avg $1k/ mth)
2. Petrol (avg $350/ mth)
3. Parking (avg $300/ mth)
4. Road Tax (avg $48/ mth)
5. Insurance (avg $125/ mth)
6. Servicing (avg $145/ mth)
Total: $1,968/ mth
Timestamps
0:00 Intro
0:41 How Buying A Car Works
1:30 40% Loan v 10% Loan
2:54 Monthly Loan Instalments
4:27 Petrol Costs
5:37 Parking Costs
6:58 Road Tax
7:52 Insurance Premiums
9:14 Servicing Costs
10:38 My Expenses v Average Car Expenses
12:08 Outro
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Негізгі бет COSTS OF OWNING A CAR IN SG (2023)
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