The rising challenge of car ownership in Singapore
Owning a car in Singapore has always been expensive, but in recent years, the cost of a Certificate of Entitlement (COE) has soared to record highs. For many, this means paying tens of thousands of dollars upfront — even before considering the car price, road tax, insurance, and maintenance.
This makes car ownership increasingly out of reach for the average driver. The question is: do you really need to sink so much money into a depreciating asset just to enjoy the convenience of a car?
How leasing bypasses high COE costs
Car leasing offers a practical and cost-effective solution. Instead of paying the massive COE upfront, leasing lets you drive a car for a fixed monthly fee. Here’s how it works in your favour:
- No hefty COE payment upfront — skip the stress of volatile COE bidding.
- All-in-one monthly cost — your lease covers road tax, insurance, maintenance, and often reasonable wear-and-tear.
- Flexibility to change cars — upgrade to a new model without worrying about selling your old one.
- Predictable budgeting — no surprise repair bills or fluctuating costs.
In short, leasing shifts car access from a huge financial burden to a manageable, transparent monthly expense.
Why KINTO One is the smarter way to drive
With COE prices climbing, KINTO One makes it possible to enjoy the benefits of a car without the sky-high costs of ownership. Here’s why:
- Zero down payment — start driving without sinking cash into COE or upfront costs.
- Fixed, all-inclusive monthly fee — covering insurance, road tax, servicing, and more.
- Unlimited mileage — perfect if you drive often around Singapore or across the border.
- 24/7 roadside assistance — peace of mind whenever you travel.
- Backed by Toyota Financial Services — trusted global reliability and support.
Who should consider leasing with KINTO One?
- Drivers priced out of car ownership by rising COE.
- Families who want the convenience of a car without financial strain.
- Businesses and freelancers seeking cost control and fleet flexibility.
- Anyone who prefers a hassle-free, all-in solution to driving.
Final thoughts
With COE at record highs, car ownership in Singapore is becoming less affordable than ever. Leasing with KINTO One offers a smart, flexible, and budget-friendly alternative — giving you all the convenience of a car without the crushing upfront costs.
Ready to skip the high COE?
Get behind the wheel today with KINTO One’s flexible leasing packages.
👉 Visit KINTO One now to find out more or enquire via our online form.
Drive smarter, not costlier.
