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Singapore is the most expensive place to own a car!

Author
Zerodha Varsity
Published
Fri 31 Jan 2025
Episode Link
https://side-notes-by-zerodha-varsity.simplecast.com/episodes/ep-32-singapore-is-the-most-expensive-place-to-own-a-car-GuVsCQMN

You need a Certificate of Entitlement (COE) to own a car in Singapore. COE is very expensive, and you must bid for it in an open auction, thereby adding to the cost of buying a car. Has Singapore made cars expensive on purpose? If yes, why?

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