Vehicle registration fee to rise by 59%; some car dealers doubtful hike will affect sales

Vehicle registration fee to rise by 59%; some car dealers doubtful hike will affect sales

Channel NewsAsia - Commentary·2022-12-08 22:00

SINGAPORE: Vehicle registration fees are set to rise by 59 per cent from Dec 19, but some car dealers say the hike will not have a large impact on sales.

The fee, which is payable for every new vehicle registered for use in Singapore, will increase to S$350.

This is according to a circular issued by the Land Transport Authority (LTA) on Monday (Dec 5) to motor dealers and importers, as well as electronic service agents.   

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