Best Second-Hand Used Cars to Buy in Singapore (2024)

Looking for the best 2nd hand car to buy in Singapore? As rising car ownership costs prompt more drivers to go the pre-owned route, used cars are expected to gain popularity. Here are some of the top second-hand car models to consider, along with tips on what to watch out for.

Buying second-hand may not be your first choice when it comes to getting a car, but with COE prices looking to remain high in the near term, it may just be the only financially prudent option.

But it’s not all bad. The thriving second-car market in Singapore – expected to achievea compound annual growth rate (CAGR) of over 4% till 2027 – means there’s plenty of great options to pick from.

Also, Singapore has a Lemon Law on used cars, which offers a degree of protection against an unscrupulous sale. (Although, the law doesn't apply under specific circ*mstances, including if the deal was a direct one between buyer and seller.)

Best of all, buying a second-hand car can offer several potential benefits, including avoiding the worst of the depreciation, and a significantly lower price.

Plus, you won’t even have to go through the trouble of bidding for a new COE; you’ll simply take over what remains of the 10-year COE on the car you’re purchasing.

Convinced? Start your hunt for your next cheap(er) ride with our pick of the best used car to buy in Singapore.

Best second-hand cars in Singapore

Car model

Selling price

Kia Cerato 1.6A

S$93,588(8 years remaining on COE)

Mini One 1.5A

S$99,888 (6 years remaining on COE)

Subaru Forester 2.0A XT

S$89,388 (5 years remaining on COE)

Mazda 3 Mild Hybrid 1.5A Classic

S$100,888 (7 years remaining on COE)

Honda Fit 1.3A GF

S$89,888 (8 years remaining on COE)

SingSaver Exclusive Promotion: Get up to S$120 e-vouchers (Fulfillment by MSIG) when you buy now! Valid till 6 May 2024. T&Cs apply. Plus, unlock an exclusive chance to win S$500 worth of FREE PARKING when you buy now! Promotion ends 30 June 2024. T&Cs apply.

Kia Cerato 1.6A

When it was released in 2020, the Korean Kia Cerato quickly became a favourite for many Singaporean families. This is thanks to the model’s winning combination of spaciousness, convenient features, stylish design and economical 1.6 litre engine. In fact, some enthusiasts were so enamoured that they even declared the model the “Most Value for Money Sedan”.

This favourable proposition is only further strengthened if you can get the vehicle at less than full price – as is the case with this listingthat still has a full eight years left on its COE.

Going for S$93,588 (nearly 30% less than the brand-new price, which starts at S$126,999), a second-hand Kia Cerato offers unbeatable value for those looking for a modern family sedan easily capable of keeping up with all your needs.

Mini One 1.5A

For those who think there's nothing exciting to be found on the second-hand car market, this listing will make you reconsider. Check out this Mini One 1.5A, going for under S$100,000, and with six years left on its COE to boot!

A brand new Mini Onewill set you back a cool S$165,888, so second-hand offers like this are just about as good a price as you can get. Yes, this is a 3-door model that caters to singles and young couples, but the diminutive chassis belies a larger-than-expected carrying capacity. Two more passengers – plus possibly a small dog – can fit in the back seat, accessible via the fold-down front seats.

In any case, if you’ve ever wanted to cooly zip about town in style without resorting to surviving on instant noodles, here’s your chance.

Subaru Forester 2.0A XT

Another benefit of shopping for second-hand cars is the opportunity to own models that are no longer offered for sale. Such is the case with this Subaru Forester 2.0A XT, a popular and well-regarded choice among lovers of sports utility vehicles (SUVs).

Facelifted in 2016, the model is often praised for great all-round visibility, smooth handling, and decent mileage. Naturally, as a big-sized SUV, the Forester offers interior and boot space in abundance, making it ideal for family trips and passengers of all ages.

The listing we found has five years left on its COE at under S$90,000 – not too shabby considering a brand-new equivalent is going for at least S$161,800. Consider this one up if you’re looking for a family-friendly ride with a sturdy, powerful profile.

Best Second-Hand Used Cars to Buy in Singapore (1)SingSaver Exclusive Offer: Use promo code TIQSINGSAVER to get 20% off and get up to $310 cashback (fulfillment by Tiq). Valid till 30 April 2024. T&Cs apply.Plus, unlock an exclusive chance to win S$500 worth of FREE PARKING when you buy now! Promotion ends 30 June 2024. T&Cs apply.

Mazda 3 Mild Hybrid 1.5A Classic

Our next listinghas many things going for it. For one, it’s a hybrid car, which means driving around in this vehicle will result in lower emission of greenhouse gases. For another, it comes with interior stylings and accessories that rival some pricier models. And for a third, this car still has a healthy 7 years and 8 months left on its COE at the time of writing.

The premium feel of the car is further enhanced by its luxurious good looks (indeed, some have noted this model to be the best-looking sedan in its class), and when you factor in the asking price of just over S$100,000, this second-hand car whispers “affordable luxury” from bonnet to tailpipe.

For comparison, a brand-new model will cost you S$140,888, or around 40% more.

Honda Fit 1.3A GF

If you don’t mind an older model, this Honda Fit 1.3A GF– at under S$90,000 and with eight years left on its COE, no less – might be worth your consideration.

You may know the Honda Fit as that sporty Japanese hatch-back that suddenly everyone seems to be driving in the early 2000s. Since then, the model has enjoyed enduring popularity, with the Fit now in its fourth generation.

A major factor contributing to this car’s beloved status is how it offers cargo volume comparable to larger vehicles, despites its relatively compact size. This was due to the innovative seats put in by Honda, which are designed to be folded in several configurations.

Flexible, nimble and economic – thanks to its 1.3l engine – the Honda Fit is well-geared towards the needs of city dwellers.

Compare the Best Car Insurance in Singapore

What to look out for when buying a second-hand car in Singapore

Here are some things to pay attention to when buying a second-hand car – other than the general appearance and overall state of the vehicle, that is.

Ownership history

If the vehicle you’re interested in has had multiple owners – especially in a short period of time – take heed. You might be rolling the dice on a vehicle with persistent problems.

It is common for some older cars to have changed hands two or three times, especially luxury or high-end models However, a mass-market model having had four or more owners in the span of two years should be treated with suspicion.

At the very least, find out as much detail as possible about why the car has gone through so many owners, before deciding whether to proceed with the purchase.

Mileage

The mileage on a car is usually a reliable gauge of its lifespan. We say usually, because, unfortunately mileage tampering isn’t unheard ofin Singapore.

Mileage tampering is when an unscrupulous dealer alters the odometer readings to hide the true mileage of the car. As higher mileage causes greater wear and tear, this can stick you with a car that breaks down soon after, costing you a hefty repair bill. Accurate mileage readings are also important for usage-based car insurance policies, where your premiums are calculated based on the number of kilometers you drive.

As a general guide, cars in Singapore clock an average of 20,000 km per year, so if a vehicle’s odometer displays a significantly lower mileage, you should investigate further.

You should also check for mileage tampering by:

  • Cross-checking with maintenance and servicing records
  • Looking for misaligned numbers or visual discrepancies on the odometer
  • Notice if any screws are missing on the dashboard
  • Getting an independent evaluation from a trusted third party

Best Second-Hand Used Cars to Buy in Singapore (2)SingSaverExclusive Promotion: Get 23% off premiums when you use the promo code CAR23 (for new businesses and annual plan only). Valid till 30 April 2024. T&Cs apply. Plus, unlock an exclusive chance to win S$500 worth of FREE PARKING when you buy now! Promotion ends 30 June 2024. T&Cs apply.

Accident history

Someone trying to sell you their used car may not be the most forthcoming about a previous accident. Or may try to downplay things and hope you won’t pry further.

As such, it is a good idea to order a professional check up with organisations such as STAIor Vicom. They can better ascertain if a used-car had been involved in an accident before, the severity of the damage caused, as well as cross-reference records using the vehicles’ engine or chassis number.

This will give you a better idea of the state of the used car, and whether you should go ahead with the purchase.

Conclusion

The listings we’ve highlighted are merely examples to illustrate the potential benefits and value of shopping for a vehicle on the used car market in Singapore.

Of course, there’s no objective way to say definitively which car models are the best used car to buy in Singapore; what’s best for you will depend on your needs, preferences and budget.

And while there are definitely gems to be found, it’s still important to err on the side of caution.

Compare the Best Car Insurance in Singapore

Similar articles
With Rising Car Prices, Which is Better – Used Cars Vs New Cars?
The Price of Buying A Second-Hand Car — What You Need To Know About COE And Insurance
5 Best Used Car Models and Brands to Buy in 2021
4 Tips To Save Money On Rental Cars During Your Holiday
7 Cheapest New Cars Under S$130,000 You Can Buy in Singapore
Top 10 Cars With the Lowest Fuel Consumption
3 Most Value-For-Money Cars You Can Get In Singapore
Buying A Motorcycle In Singapore: A Complete Cost Guide

Best Second-Hand Used Cars to Buy in Singapore (2024)
Top Articles
Latest Posts
Article information

Author: Neely Ledner

Last Updated:

Views: 5411

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Neely Ledner

Birthday: 1998-06-09

Address: 443 Barrows Terrace, New Jodyberg, CO 57462-5329

Phone: +2433516856029

Job: Central Legal Facilitator

Hobby: Backpacking, Jogging, Magic, Driving, Macrame, Embroidery, Foraging

Introduction: My name is Neely Ledner, I am a bright, determined, beautiful, adventurous, adventurous, spotless, calm person who loves writing and wants to share my knowledge and understanding with you.