What Fees Do You Pay When Buying A Used Car May 2026

: 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

: Dealers typically charge between $500 to $1,200 to handle the paperwork and loan processing. what fees do you pay when buying a used car

: A flat fee of $25.00 paid to the Land Transport Authority (LTA) to transfer car ownership . : If financing, interest rates can add significant

: User enters the car's listed price, age (COE expiry date), and engine capacity (cc). : If financing

: 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.