In my previous articles, we talked about the cost breakdown of car ownership in Singapore, together with what to look out for when purchasing a car. The articles have highlighted the high cost of car ownership in Singapore, due to the various taxes and duties levied upon the car not forgetting the cost of maintaining the upkeep of the vehicle. In this post, I am going to show you how to lower the cost of car ownership in Singapore.
According the data published by the Singapore government, the volume of new registrations for off peak cars is trending higher since year 2015. This could be due to the high cost of maintaining a full license car in Singapore, the craziness of the roads during the peak travelling period and the convenience of public transport system.
Read: The Cost of Owning a Car in Singapore
Off-Peak Car Scheme
What is the Off-Peak Car Scheme?
- Able to drive the car anytime, except during weekdays between 7am and 7pm
- No restriction on car usage during Public Holidays in Singapore



Who is it suitable for?
- Drivers who don’t drive during office hours
- Drivers who intend to use the car during weekends and at night
- Drivers who own a second car
Why is this scheme introduced?
- To reduce the number of cars on the road to ease congestion
What is the catch?
- Up to SGD$17,000 rebate offset against the Quota Premium for a Certificate of Entitlement (COE) and the Additional Registration Fee (ARF)
- Substantial cost saving given that the price of Category A COE price is SGD$33,199 as of April 2019
- Flat discount of up to SGD$500 on annual road tax, subject to a minimum road tax payment of SGD$70 per year.
- Cost savings for petrol and car maintenance
What if I want to drive my car during the restricted hours?
- Driver to purchase an electronic day license
- Costs SGD$20 for a full day usage
Modes of Purchasing:
- Online from the LTA website
- AXS (m-Station, e-Station and kiosks)
- SingPost outlets
- Automobile Association of Singapore (AAS)
If you forget to purchase the e day license, you have until 2359 the next day to do so.
How to Sign up for the Off-Peak Car Scheme?
- Inform your car dealer that you wish to register your car under the OPC Scheme
- Arrange to have license plate sealed at any LTA-authorised inspection centre.
- The background colour of your number plates will be red with white lettering
- When the car is registered successfully, LTA will send a notification letter to the registered address of the car owner.



Read: What to Look Out for When Buying a Car
Source: LTA, One Motoring, SG Car Mart