Why EVs are taking over Singapore You may have noticed the rapid increase in electric vehicles on the roads over the years. More new, flashy signs pointing to EV chargers at various parking lots can also be found. We’ve been talking about how EVs are all the rage these days! According to the Land Transport […]
29
Aug
Aug
Buying a pre-owned vehicle can be a great way to save money on your next purchase. Due to the increased cost of fuel and the rising COE prices, buying pre-owned vehicles may be a more viable option to some. Here are some pros of purchasing pre-owned vehicles: Less Depreciation A vehicle’s value drops every year […]
10
Jun
Jun
More buyers are considering purchasing pre-owned vehicles Due to the increased challenges faced in attaining new vehicles, many may consider pre-owned vehicles as an alternative. Various factors, such as the overall spikes in COE prices, delays in vehicle productions, and a shortage of new vehicles have contributed to the lack of new vehicles.1 Overall […]
06
Jun
Jun
Are you looking to purchase your first goods vehicle in Singapore? Here are some things to know and consider. 1.Certificate of Entitlement (COE) Owning a registered company or a hawker licence is required to purchase a commercial vehicle. You will be required to bid for a Certificate of Entitlement (COE), under Category C which caters […]
11
May
May
Rapid growth in popularity toward Electric Vehicles As the government encourages the popularity of EVs through generous incentives, Singapore’s EV population has more than doubled – with 1,397 vehicles by the end of 2020 to 3,713 vehicles by the end of 2021. $30,000 CVES Rebate for EV owners Receive a rebate of up to $30,000 […]
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