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7 cheapest cars in Singapore under $70,000

Cars are expensive liabilities in Singapore, especially if you are coveting a brand new car. That said, some of the cheapest car brands in Singapore are under $70,000, which isn’t impossible to own for an average Singaporean with the help of a car loan.

Although 2020 is a stay-home year, Singapore is opening up in phases and instead of traipsing around the world, you will be probably exploring Singapore instead for the rest of the year. Perhaps, you’ll find that having a car is quite convenient to explore unfamiliar neighbourhoods or faraway attractions!

For those looking for a functional new ride, here are the top most affordable car brands in Singapore.

What is the cheapest brand new car in Singapore?

Car ModelPrice
Perodua Bezza 1.3 Premium X (A)$59,999.00
Perodua Myvi 1.5 H (A)$63,999.00
Honda Fit 1.3 (A)$69,000.00
Nissan Note 1.2 (A)$69,000.00
Mazda 2 Hatchback 1.5 (A)$69,888.00
Mitsubishi Attrage 1.2 CVT Style (A)$69,999.00
Mitsubishi Space Star$69,999.00

As of August 8, 2020.

1. Perodua Bezza 1.3 Premium X (A)

perodua bezza

The only brand new car that comes under $60,000 to own in Singapore is the Perodua Bezza 1.3 Premium X (A). It has an engine made by Toyota, which offers a smooth driving experience. The boot space is also very spacious and it comes with LED headlights.

Therefore, even though some reviews reflect some downsides such as little to no insulation from external noise and noisy air-conditioning, most Perodua Bezza drivers would recommend the car given that the price tag is so low.

2. Perodua Myvi 1.3X (A)

perodua myvi

The second most economical car to own is the Perodua Myvi. A hatchback with stylish lines across the body, the specs and features are similar to the Bezza except that it is equipped with four airbags — two more than the Bezza. It costs $63,999 to own.

Similar to the Bezza, the Myvi is noisy to travel in under heavy rain or at speeds above 80km/h due to poor noise insulation, according to some driver reviews. However, the fuel consumption is great at 21.1km per liter.

The Perodua Myvi 1.5 is also available ($67,999) if you tend to travel long distances and ferry more people, which can accelerate faster and move heavier loads.

Looking for cheap and affordable car insurance? Visit here!

3. Honda Fit 1.3 (A)

honda fit

The Honda Fit is another cheap hatchback car to own brand new at $67,000. You enjoy great fuel efficiency of 19.6km per litre. Drivers prefer it for the keyless entry and engine stop-start button and spacious boot space.

It suffers from downsides such as poor sound insulation from noises from road and wind and slow acceleration. However, it’s an adequate car to drive in urban Singapore and its fuel efficiency goes a long way to help you save money on petrol costs.

4. Nissan Note

nissan note

Finally, we also have the Nissan Note 1.2 (A), which is also a hatchback. You get one brand new for $69,000. The car has a quick pick-up and a light steering wheel. Additionally, the back passenger seats have large legroom and the boot is spacious. It has a fuel efficiency of 19.6km per liter.

A downside of this car as reported by Nissan Note drivers is that the engine is noisy and some drivers feel that the rear windscreen can be larger.

| Read also:15 Cheap Parking Spots in Singapore (2020) |

5. Mazda 2 Hatchback

mazda 2 hatchback

Aside from Perodua Myvi 1.5 (A) which costs $67,000, the Mazda 2 Hatchback 1.5 (A) is the only car you can get under $70,000 in Singapore, at $69,888. It not only looks sporty, it is reliable and apparently has very low depreciation.

The fuel efficiency is excellent at 19.6km per litre and the power is decent at 114 bhp. It also has two airbags. There are some good-to-have features such as electrical retractable side mirrors and a multi-function steering wheel. A common complaint among Mazda 2 drivers is that legroom and boot space are not that spacious.

6. Mitsubishi Attrage

mitsubishi attrage

The Mitsubishi Attrage costs $69,999. Drivers like the Attrage’s small turning radius, so it is easy to drive in tight spaces. The backseat is also relatively spacious with comfortable seats.

The Cruise Control feature is also a favourite among Attrage drivers, as it helps to maintain a fixed speed just by pressing a button, without needing to adjust the accelerator pedal. It also comes with six airbags, LED headlights and height-adjustable driver seat. One complaint on the car is a loud rumbling noise when at a standstill.

7. Mitsubishi Space Star

mitsubishi space star cycle and carriage

The Mitsubishi Space Star, also $69,999, is of a similar engine capacity and specs to the Mitsubishi Attrage, just that it’s a hatchback. The rear is spacious and fuel economy is great, at 14km per litre. It also has a smaller turning radius than the attrage at 4.6 meters, which is great for navigating small spaces.

A recurring complaint is that the interior of the car is “outdated” and feels a bit “plasticky”.

Is it worth buying a car in Singapore?

Having a car comes with convenience and privacy. For someone in a profession who travels a lot, or a family with several young children, the benefit of owning a car may outweigh the costs.

But don’t forget that the cost of the car is only the upfront cost. Petrol, ERP fees, parking fees, seasonal parking charges—so on and so forth—can add up to at least $300 to $400 a month based on a low-usage driver who only drives on the weekends. There are also car insurance premiums.

Thinking about car insurance?

Name Product Accidental Damage Roadside Assistance New Car Replacement Choice of Repairer Guarantee on Repairs
Direct Asia Comprehensive Cover Car Insurance
Direct Asia Comprehensive Cover Car Insurance
Yes
Optional
Yes
Optional
Lifetime repair guarantee
Receive S$100 worth of Shell fuel (or 3,000 Shell Escape points) plus free 24 Hour Breakdown Assistance when you insure your car. T&Cs apply. Ends 31 July 2022.
Budget Direct Insurance Comprehensive Car Insurance
Budget Direct Insurance Comprehensive Car  Insurance
Yes
Optional
Yes
Optional
12-months repair guarantee at authorised workshops.
Receive up S$100 NETS FlashPay card when you purchase a new 12-month comprehensive car insurance policy online. Use promo code 'HAPPY5'. T&Cs apply. Ends 31 Oct 2021.
Get an additional 5% off by using Affinity ID 'FDRSAVE'.
FWD Comprehensive Cover Car Insurance
FWD Comprehensive Cover Car Insurance
Yes
Yes
Yes
Yes
Yes
Use the promo code: FINCAR to get 20% discount when you purchase a Classic plan, or 30% discount for an Executive & Prestige plan. Ends 27 October 2021. T&Cs apply.
98.9% of Car insurance claims approved. Lifetime 50% NCD Guarantee.
Income Drivo Premium Car Insurance
Income Drivo Premium Car Insurance
Yes
Optional
No
Yes
N/A
Get unlimited third party liability and unlimited windscreen cover. Plus, choose your preferred workshop for repairs or maintenance.
Direct Asia Third Party Fire and Theft Cover Car Insurance
Direct Asia Third Party Fire and Theft Cover Car Insurance
Yes
Optional
Yes
Optional
Lifetime repair guarantee
Receive S$50 worth of Shell fuel (1,500 Shell Escape Points) when you insure your car. T&Cs apply. Ends 31 July 2022.
Budget Direct Insurance Third Party Fire and Theft Car Insurance
Budget Direct Insurance Third Party Fire and Theft Car Insurance
Third party fire and theft only
Optional
No
Optional
12-months repair guarantee at authorised workshops.
Loss or damages to your car by fire or theft - up to your car's market value. Plus, unlimited cover for injury or death to others.
Budget Direct Insurance Third Party Only Car Insurance
Budget Direct Insurance Third Party Only Car Insurance
Yes
Optional
No
No
12-months repair guarantee at authorised workshops.
Receive $20 in shopping vouchers when you refer a friend. Your friends will each get 5% off any policy they purchase. T&Cs apply.
Get an additional 5% off by using Affinity ID 'FDRSAVE'.
Direct Asia Third Party Only Car Insurance
Direct Asia Third Party Only Car Insurance
Yes
No
Optional
Optional
Lifetime repair guarantee
Receive S$50 worth of Shell fuel (1,500 Shell Escape Points) when you insure your car. T&Cs apply. Ends 31 July 2022.
Income Drivo Classic Car Insurance
Income Drivo Classic Car Insurance
Yes
Optional
No
No
N/A
Unlimited third party liability, up to S$5 million in damages to third party property, up to S$1,000 in medical expenses.
RentalCover.com Rental Car Insurance
RentalCover.com Rental Car Insurance
Yes
Yes
No
No
N/A
Direct Asia SOS Car Insurance
Direct Asia SOS Car Insurance
Up to the market value of your car
Optional
No
Optional
Lifetime repair guarantee
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Compare up to 4 providers

So, tally up all the costs of owning a car before making a decision. If the monthly car loan repayments and recurring costs can be shared among a few drivers in the family, the financial burden is definitely lower.

If these seven car brands under $70,000 are out of your budget, check out the secondhand car market for cheaper options!

| See also: How much does a car really cost in Singapore? |

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