FAQ: Where To Buy Second Hand Cars In Singapore?

How can I buy second hand car in Singapore?

There are two ways to get a second – hand car in Singapore. You can either get it direct from a seller or approach a dealer. There are also online car marts where you can easily browse without having to head down. Cars from a dealer are usually well-maintained and transactions are protected under the lemon law or CASE.

Which car second hand is best?

Top 10 Used Cars in India

  • Maruti Suzuki Alto. Price: Rs 80,500.
  • Hyundai i10. Price: Rs 1,40,000.
  • Maruti Suzuki Swift Dzire. Price: Rs 1,80,000.
  • Hyundai Santro Xing. Price: Rs 80,000.
  • Hyundai i20. Price: Rs 2,10,000.
  • Maruti Suzuki WagonR. Price: Rs 1,25,000.
  • Hyundai Verna. Price: Rs 1,95,000.
  • Toyota Innova. Price: Rs 2,50,000.

Is it worth to buy second hand car?

Getting your used car insured will cost you a lot less as compared to a new car. Even if you decide to sell it in the future, it won’t dent your wallet much by losing less amount of money than a new car would do. Especially for the first timers, a used purchase is more practical and affordable at the same time.

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Is it worth buying a COE car?

COE cars are cheaper than PARF cars. But that cost of a COE car can easily jump if you happen to buy a car with mechanical defects – plus you still need to pay higher road tax as well. PARF cars on the other hand are newer, usually in better mechanical shape, and still retain much of their resale value.

How much mileage is good for a used car Singapore?

Make sure you get a car with an appropriate mileage for its age – about 15,000 to 18,000 km per year. A related point is to find out how many previous owners a car has had. When cars seldom get to be more than 10 years old in Singapore, having 3 or more owners might be too many, and may imply problems with the car.

Why are cars in Singapore so expensive?

Why are cars so expensive in Singapore? The easy answer is that the Government is trying to curb the car population by driving prices upwards and making cars more unaffordable. Also, the high costs of driving expenses like petrol, parking and Electronic Road Pricing (ERP) further exacerbates the matter.

Should I buy a 5 year old car?

As mentioned earlier, modern cars are extremely reliable, even as they age. Even 10-year-old cars have less than one problem per year that needs repair. For example, a five-year-old car may only suffer a major problem every three years and a 10-year-old car would have a problem only every 18 to 20 months on average.

Can you afford a car in Singapore?

First, the Monetary Authority of Singapore regulates how much of the total cost of a car you are allowed to finance through a loan. For cars with an Open Market Value (OMV) of over S$20,000, you may only borrow up to a maximum of 60% of the total purchase price of the car (which includes the cost of COE, etc.).

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What is the best cheap second hand car to buy?

Ten most reliable cheap second-hand cars

  • Toyota (iQ 2008-14)
  • Vauxhall Agila (2008-13)
  • Hyundai Getz (2002-09)
  • Honda Jazz (2008-14)
  • Hyundai i10 (2008-13)
  • Citroen C1 (2005-2009)
  • Hyundai i20 (2009-15)
  • Suzuki Alto (2009-14)

What is the most reliable 10 year old car?

Most Reliable 10-Year-Old Cars

  1. 2011 Lexus ES. Vehicle reliability has been a hallmark of the Lexus brand since it was launched more than three decades ago.
  2. 2011 Toyota Avalon.
  3. 2011 Honda Accord.
  4. 2011 Hyundai Sonata.
  5. 2011 Toyota Camry.
  6. 2011 Scion xD.
  7. 2011 Toyota Corolla.
  8. 2011 Buick LaCrosse.

Which car has less maintenance cost?

According to the searchable Repair Cost Index maintained by the automotive website RepairPal.com, the Toyota Corolla is the cheapest vehicle to maintain and repair, with an average yearly cost of $341.

What second hand cars should I not buy?

These are the cars to avoid if you want a stress-free used car ownership

  • 10: Renault Clio (2005 – 2012)
  • 9: BMW 5 Series (2003 – 2010)
  • 8: Land Rover Discovery (2004 – 2017)
  • 7: Volkswagen Passat diesel (2005 – 2015)
  • 6: Ford Focus (2004 – 2010)
  • 5: Vauxhall Insignia (2008 – 2017)
  • 4: Vauxhall Astra (2004 – 2009)

What mileage is good when buying a used car?

What Is Good Mileage for a Used Car? Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old.

How many years old car should I buy?

As a general rule, it’s best to stay away from cars that are above five years of age as chances are high that they may need repairs. Also, steer clear from brands which have been discontinued in the market as spares can be elusive and expensive.

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