About Road Taxes
Road taxes are renewable on a six-monthly or annual
basis. Motor vehicles of more than ten years of age
must pass an annual inspection. A surcharge ranging
from 10% to 50% on the road tax, is applicable before
the licence is renewed.
The table below shows the road taxes payable for cars
of different capacities:
Engine
Capacity (EC)
Road
Tax Formula
600
cc
S$400
(flat rate)
601
cc - 1,000 cc
S$400
+ 0.25 x (EC - 600)
1,001
cc - 1,600 cc
S$500
+ 0.75 x (EC - 1,000)
1,601
cc - 3,000 cc
S$950
+ 1.5 x (EC - 1,600)
More
than 3,000 cc
S$3,050
+ 2.0 x (EC - 3,000)
Diesel
taxes for diesel-engine cars are equivalent to six times
the computed road taxes for petrol-engine cars.
Used cars of more than three years may not
be imported and registered for use. The owner has to
pay a surcharge of S$10,000 if the imported used car
is under three years of age.
The number of vehicles on Singapore roads is carefully
controlled by what is known as the Vehicle Quota System.
Owners must bid for a Certificate of Entitlement
(COE) before the vehicle can be registered. This involves
a tendering process as only a fixed number of COEs are
made available every month.
Prospective owners must make bids to obtain a
COE. Successful bidders then pay the "quota premium"
(the lowest successful bid price) for their vehicle.
COEs are valid for 10 years from the date of registration
of the vehicle. Upon expiry, you'd need to revalidate
the vehicle for another 10 years by paying the prevailing
quota premium.
You may choose to revalidate the vehicle for five
years by paying 50% of the prevailing quota premium.
The five-year COE is however, not renewable.
The prevailing quota premium is the moving average
of quota premiums over the last three months.
Categories of Vehicles
The Vehicle Quota System classifies vehicles according
to these categories:
Category
Type of Vehicle
A
Cars (1600 cc and below) & Taxis
B
Cars (1600 cc and above)
C
Goods vehicles and buses
D
Motorcycles
E
"Open" (for any kind of vehicles)
You
may call the following authorities for further enquiries: