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Love the smell and worry-free experience of a brand new car, but on a budget? We've got your back - here's some of the cheapest new cars you can buy right now!

Category: Car Buying Advice

Most people love shiny things, but more so, people love brand new things! That is probably why 'shopping therapy' exists. Nothing really beats the feeling of a brand new purchase. When it comes to getting a car, there is so much more to enjoy - the new car smell, the shiny paintwork, unlocking the ability to go wherever you want, whenever you want to. Except, getting a brand new car in Singapore is an unfortunate fact that you have just made a substantial and overpriced purchase.

But no worries, because we've got your back. Here are 10 cheapest new cars you can buy from the showrooms right now, so just shop away!

1. Perodua Bezza 1.3 Premium X (A)

The Bezza is a smart-looking compact sedan that can fit five comfortably!
Price: $61,999
Annual depreciation: $5,581
Annual road tax: $584
Fuel consumption: 21km/L
Horsepower: 93bhp

Why you should buy one:
At just over $60,000, it's the cheapest new car you can buy in Singapore right now. With an excellent fuel economy of 21km/L, coupled with a low annual road tax, it is possibly the cheapest car to sustain in the long run as well. Don't be mistaken, there's more to the Bezza. Despite its compact sedan body style, it is spacious enough to fit five comfortably. Powered by an engine that is quieter and more refined than other cars in its class, you really can't go wrong with a Bezza.
2. Perodua Myvi 1.3 X (A)

Malaysia's favourite hatchback is unsurprisingly practical and fun to drive
Price: $66,999
Annual depreciation: $6,400
Annual road tax: $584
Fuel consumption: 21.1km/L
Horsepower: 94bhp

Why you should buy one:
Prefer a hatchback body style? Why not go for Malaysia's favourite hatch? Unsurprisingly, it has a perky powertrain that makes it a breeze to drive - perfect as a transport around our small city. Like the Bezza, the Myvi gets excellent fuel economy and it is also spacious with plenty of legroom - no wonder it is so popular in Malaysia! Oh, the Myvi also has LED headlights to complement its looks.
3. Nissan Note 1.2 Lite (A)

The Nissan Note with some optional add-ons looks really good!
Price: $67,800
Annual depreciation: $6,700
Annual road tax: $508
Fuel consumption: 20km/L
Horsepower: 78bhp

Why you should buy one:
Yet another compact hatchback that has a spacious interior, the Nissan Note also benefits from a sporty and pleasant design. Powered by a 1.2-litre three-cylinder engine, it sure isn't a hot hatch, but its low fuel consumption of 20km/L makes lots of sense as a simple daily driver. The doors on the Note can be opened up to an angle of 85 degrees, providing for easy ingress/egress as well as loading and unloading - excellent practicality!
4. Mitsubishi Attrage 1.2 CVT Modern (A)

The Mitsubishi Attrage has been a winner in several editions of the sgCarMart Annual Awards!
Price: $68,999
Annual depreciation: $6,600
Annual road tax: $506
Fuel consumption: 20.4km/L
Horsepower: 79bhp

Why you should buy one:
With so many on the roads in Singapore, there's no denying that there's something about the Attrage that's attractive to most people. We can't really put a finger on it. Could it be its excellent price point, its spacious interior for a car of this size, or its impressive fuel economy of 20.4km/L? All we can say is that the Attrage is easy to drive, affordably priced and is undoubtedly a practical runabout car. Hell, there's even enough space for three adults in the back!
5. Honda Jazz 1.3 (A)

The Honda Jazz has a stylish design with plenty of aftermarket offerings, should you wish to zhng it
Price: $70,999
Annual depreciation: $6,800
Annual road tax: $578
Fuel consumption: 19.2km/L
Horsepower: 98bhp

Why you should buy one:
With sharp lines and stylish designs, the Honda Jazz has a fun and sporty design, but hey, it doesn't just end there, the Jazz is in fact a fun and easy car to drive! While the entry level model has a 1.3-litre engine, it isn't really a flaw. You see, in the 1.3-litre guise, the Jazz enjoys an above average fuel economy of 19.2km/L. While it isn't a blistering performance hot hatch, it still manages well thanks to its relatively low weight. There's also plenty of aftermarket support for this car!

6. Mitsubishi Space Star 1.2 (A)

This 'Attrage hatch' takes drivability and practicality up a notch with an improved turning radius
Price: $70,999
Annual depreciation: $6,800
Annual road tax: $506
Fuel consumption: 21.2km/L
Horsepower: 78bhp

Why you should buy one:
The Mitsubishi Space Star is simply an Attrage without a boot. This means that it is considerably shorter in length, achieving an even better turning radius of merely 4.8m. Like the Attrage, the Space Star boasts a roomy interior with a decent amount of space for its passengers. Coupled with a strong and effective air-conditioning system, the Space Star might actually be all the car you need in Singapore.
7. Suzuki Swift 1.0 Standard (A)

Who needs a 'hot hatch' when a 1.0-litre Swift makes power comparable to the average family sedan?
Price: $75,900
Annual depreciation: $6,900
Annual road tax: $392
Fuel consumption: 17.5km/L
Horsepower: 109bhp

Why you should buy one:
Some might remember the Suzuki Swift as a hot hatch due to the Swift Sport and the even earlier Swift GTi. While the 1.0-litre Swift is not one, it does benefit from a handsome and sporty styling. Despite its small engine, the powertrain is rather perky, producing 109bhp and 160Nm of torque - comparable to the 1.6-litre engines of the yesteryears! If you want something that's not only affordable, but also fun to drive, look no further!
8. Hyundai Accent 1.4 CVT (A)

Stylish curves and a punchy powertrain is what you can find on this generation of the Hyundai Accent
Price: $77,999
Annual depreciation: $7,400
Annual road tax: $608
Fuel consumption: 15.6km/L
Horsepower: 99bhp

Why you should buy one:
The Hyundai Accent has always been a local favourite when shopping for an economical sedan. What the current iteration brings to the table is a well thought out package, consisting of a spacious interior, curvaceous sheet metal on the outside and a punchy 1.4-litre engine. While the fuel consumption isn't excellent, the pleasing aesthetics of the car surely makes up for it.
9. Seat Toledo 1.4 TSI DSG Style (A)

While the price of this European car is rock-bottom, it's level of equipment sure isn't!
Price: $82,999
Annual depreciation: $7,800
Annual road tax: $624
Fuel consumption: 20.4km/L
Horsepower: 123bhp

Why you should buy one:
Yes, this is the only European offering on this list of cheapest cars you can buy in Singapore. But what does the low pricing means? Well, you'll be glad to find out that you'll be getting the best bang out of your buck. With the Toledo, you get a clean and fuss-free design, massive boot space of 550 litres as well as a lively turbocharged 1.4-litre engine. There's also Apple CarPlay, Android Auto and MirrorLink on the infotainment system - not quite the barebones offering you're expecting, eh?
10. Nissan Sylphy 1.6 Lite (A)

The Nissan Sylphy is the spiritual successor of the quintessential economy sedan here - the Nissan Sunny!
Price: $83,800
Annual depreciation: $7,500
Annual road tax: $742
Fuel consumption: 16.1km/L
Horsepower: 114bhp

Why you should buy one:
The third generation Nissan Sylphy has been available in Singapore since 2013 . It has recently been facelifted in 2019 with Nissan's signature V-motion grille, LED accented lights, a navigation system with built-in reverse camera and a gloss back interior trim. You've probably heard of the saying 'don’t fix what's not broken', and the fact that the Sylphy has been around this long shows that it clearly ticks all the right boxes - aptly powered, great legroom, great cabin insulation, and an appealing design.
*All prices are accurate at the time of writing.

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