How Much Does Car Ownership Really Cost? | Jump Start

Car prices in Singapore are easily the most expensive in the world, and unfortunately, the financial pain doesn't end there. In addition to what you're paying for the car, what other costs do you have to budget for when buying a car? We break it down for you here.
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Check ERP rates from OneMotoring: onemotoring.lta.gov.sg/conten...
0:00 - Opening
0:27 - Insurance
1:05 - Road Tax
1:42 - Parking
2:29 - Fuel
3:00 - ERP
3:15 - Servicing
3:33 - Miscellaneous
3:53 - Cost summary
4:17 - Outro
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[@speedycatz]

The biggest pain of all: COE

[@w990.]

Suddenly $500 a month on PHV rides sounds like a steal.

[@inceldetector6148]

thanks for the informative video

[@bd1982]

good short on cost of car ownership in singapore!

[@fidafififi]

Misc fees you forget about saman 😂

[@AloysiusTSY]

Buy the car WITHIN your means. Don’t follow trends whereby people are buying for the brand instead. It’s your own car and your own financial commitment to it. If one judges you just by the car you drive, he/she is just plain toxic to you.

[@TheSunMoon]

Monthly expenses on car, all inclusive, shouldn't exceed 20-25% of salary. Seems difficult if you have other commitments.

[@Marcho978]

The answer is: Enough to buy a new house in Europe complete with garden, front yard, 3 bedrooms, a kitchen and living room

[@xcre8ionx]

Just imagin in Malaysia it's a must to have a car, Singapore is blessed to have good public transport. 🇸🇬👍

[@christopherchin2638]

Most expensive, lousy roads cos of continuous road diversions, impatient drivers with bad driving habits , Entitlement 😮

[@ludacris10]

Just take grab/tada/gojek/taxi seriously in singapore.