what age can you afford a car?

Vehicle Discussion

hi everyone. i was wondering, at what age do people generally afford a car in singapore? and if you don’t mind sharing, whats your salary range? i’ve been seeing a lot of younger people owning cars lately which was shocking considering how expensive it can be. my father also mentioned back in the day, he was only able to afford his first car after he was married (not sure if his motorbike then was a contributing factor)

i would love to own a car as well (maybe short term for now? just for the experience) can be secondhand or COE expiring in a few months time. for context: i’m 21 and passed when i was 18 and have been renting cars the last 2 years. my salary is slightly above 2.5 so i’m wondering if it’s worth it to try this out?

hope to get some input please :) thank you!

Posted Aug 14, 2025, 12:29 AM UTC

058
Loading comments…