What Fees Do You Pay When Buying A Used Car -

: User selects whether they are buying from a Private Seller (no admin fees) or a Dealer (includes admin/GST charges).

: A summary stating: "To drive this car home, you need

: User enters the car's listed price, age (COE expiry date), and engine capacity (cc). what fees do you pay when buying a used car

: The feature displays a doughnut chart showing the "Purchase Price" vs. "Mandatory Fees" vs. "Estimated Insurance."

: A flat fee of $25.00 paid to the Land Transport Authority (LTA) to transfer car ownership . : User selects whether they are buying from

: If financing, interest rates can add significant costs over the loan term. Experts often suggest the 20/3/8 rule (20% down, 3-year term, payment Immediate Ownership Costs

: This is a tax calculated based on the car's Open Market Value (OMV) . While the previous owner already paid it, it impacts your future PARF rebate if you scrap the car before 10 years. "Mandatory Fees" vs

: This must be renewed every 6 or 12 months. For cars older than 10 years, an additional surcharge of 10% to 50% is added annually. Dealer & Administrative Charges