Quick answer: In Singapore, car depreciation is driven mostly by COE time remaining, not mileage. A 10-year COE car that loses one year of COE has typically lost S$5,000 to S$15,000 of value, depending on category and the prevailing COE premium. Move the sliders below to estimate the resale value at the end of your planned holding period.
In Singapore, depreciation is driven mostly by COE time remaining. Move the sliders to estimate how much a car will lose over your planned holding period.
Singapore used-car depreciation is dominated by the loss of COE time. A simple rule of thumb is that a car loses roughly its share of the original 10-year COE premium each year — adjusted for the prevailing COE category premium at the time.
For a more granular calculation: indicative annual depreciation ≈ prevailing Cat A/B premium ÷ 10 years × category match. Wheeley refines this using actual transaction data when a quote is requested.
This is indicative only. Real depreciation depends on condition, mileage, market demand, and the COE premium at exit.
