What is OMV? It stands for Open Market Value.

OMV is assessed by the Singapore Customs (Tel: 6355 2000), based on the price actually paid or payable for the goods when sold for export to the country of importation. This price includes purchase price, freight, insurance and all other charges incidental to the sale and delivery of the car to Singapore.

To obtain the average OMVs of commonly-registered car models, please follow the steps below. The OMV obtained serves as your reference only and may differ from the actual OMV of the car you wish to purchase.

STEP 1: STEP 3:
Make 1 Average OMV ($)
STEP 2:
Model - CC

For more details on basic car costs for car models registered last month by local authorised distributors, please click here.

1 Average OMVs of new cars registered in the previous month.

 

    

Disclaimer Clause

Whilst every endeavour is made to ensure that the information provided is updated and correct, the Land Transport Authority disclaims any liability for any damage or loss that may be caused as a result of any negligent error or omission.

 


 Last Updated on 13/08/2008

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