Feeling the Car‑Buying Heat? We’ve Got Your Back!
Picture this: you’re stuck at a “Buy a car” crossroads, but the Certificate of Entitlement (COE) shelves are so stuffed with sky‑high prices that you’re practically looking for a bargain in the bargain bin.
That’s the reality for anyone eyeing a brand new set of wheels today. Cat A cars are hovering around $80,000, while Cat B and Cat E are shouting $110,000 and $114,000—all as of July 20, 2022.
In short: New cars are pricey. The smartest move? Grab a used gem for a fraction of the cost. But if you’re dead‑set on a shiny, brand‑new ride, hold onto your seat — we’ve compiled a handy list of options that won’t push you over the $120,000 ceiling.
Why the Pumped‑Up Prices?
- COE saturation: Supply isn’t keeping pace with demand.
- High production costs: Advanced tech and safety gear bump up the bill.
- Luxury vibes: You’re trying to buy the same car twice, but not for the inside only.
New Cars Under $120,000: The Snapshot
Below is a quick rundown of both authorised dealer (AD) and parallel importer (PI) options. Grab the one that fits your style and keeps your wallet from screaming.
- Toyota Corolla XLE – AD – $96,500
Why it matters: Reliable, low maintenance, and fuel‑efficient – great for daily commuters. - Honda Civic Type R – PI – $114,000
Why it matters: Sports‑centric, high rev engine, good for adrenaline lovers. - Ford Focus Ranger – AD – $98,200
Why it matters: Space‑savvy, excellent handling, sturdy for weekend escapades. - Hyundai i20 – PI – $78,900
Why it matters: Compact, tech‑packed, ideal for tight city streets. - Kia Seltos – AD – $106,300
Why it matters: Empire of comfort, bold exterior, all‑rounder for families.
Heads up: Prices can still vary based on trim, extras, and regional taxes—so it’s worth checking the latest figures before you hand over a piece of your piggy bank.
Final Takeaway
In a world where brand‑new vehicles are playing near‑forty‑forty, keep the following in mind:
- Don’t forget the used car corner—still reliable, yet cheaper.
- When you lean toward a new build, compare AD vs. PI offerings. Parallel imports may offer tricks and discounts, but ensure you get a solid warranty or a solid after‑sales proof.
- Keep a slightly flexible budget—the market moves fast.
So, whether you’re sliding into a future Honda, rusting on a borrowed used Toyota, or even dreaming of a used luxury sedan, you’ve got options that keep the dream within reach. Good luck, and may your steering wheel always feel like a gentle hug!
1. Honda Fit (PI)
Price Update: $110k – $115k
Hey folks, strap in – here’s the juicy details on this price range that’s hotter than a summer BBQ!
- Low‑End deal: $110k – perfect for the budget‑savvy bargain hunters.
- Middle ground: $112.5k – sweet spot for those looking to balance quality and cost.
- Top‑Tier option: $115k – the premium choice for the big‑spenders.
Don’t wait too long – these numbers might jump around faster than a squirrel on a caffeine binge. Grab yours before it’s gone!
<img alt="" data-caption="The Honda Fit is one of the best hatches to own.
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Meet the Honda Fit – Singapore’s Pocket‑Sized Powerhouse
Got a 1.3‑litre, four‑cylinder heart? That’s the soul inside every Fit you’ll spot on the tap, and it delivers a tidy 97 bhp plus a punchy 118 Nm of torque straight to the front wheels with a CVT that keeps the gear‑shifting smooth as a jazz solo.
Fuel‑Economy that Keeps Your Greyhound Happy
- Stated rating: 20.4 km/L – on paper, meteoric.
- Real‑world average: about 18 km/L – still a rally king for a non‑hybrid hatch.
- Result: Your wallet stays lighter while you drive.
Compact, Reliable, Clutch‑Ready
With a body that fits right into the slick streets of Singapore, the Fit’s small footprint means you can dash around the city without tripping through traffic or needing a parking roller coaster. Coupled with Honda’s famed durability, it’s the reliable sidekick for any city‑slicker.
So, why not grab a Fit?
Its blend of performance, economy, and city‑friendly design makes it a fantastic choice if you want to devour the streets without breaking the bank.
2. Honda Shuttle (PI)
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Honda Shuttle: The Family Wagon That Won’t Drain Your Wallet
Looking for a family car that won’t have you selling a kidney? The Honda Shuttle hits the sweet spot at just under $110k for its base model, offering plenty of space for a five‑person crew without breaking a sweat at the pump.
Fuel Efficiency That Makes You Look Good
- On paper: A modest 22 km/L – pretty comfy for a spacious vehicle.
- In real life: Expect about 17 km/L. The Shuttle’s heft and size bite at the numbers a bit, but it’s still a solid choice for long drives.
Performance That Keeps the Road Heads Up
The heart of the Shuttle is a 1.5‑litre inline‑four that pulls out a respectable 130 bhp and 155 Nm of torque. Thanks to its CVT, power is smooth and steady, so you’ll feel no hitch whenever you need to overtake on the highway.
Bottom Line
Short on a few things, yes – but what it lacks is easily covered by an upbeat drive, generous interiors, and a price that won’t put a dent in your budget. If you’re after a family hauler that keeps the spirits high and the wallet intact, the Honda Shuttle is worth a spin.
3. Mitsubishi Attrage/Space Star (AD)
<img alt="" data-caption="The Attrage (left, pre-facelifted) and Space Star are Mitsubishi's affordable and economical duo.
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Meet the Budget‑Busting Duo: Mitsubishi Attrage & Space Star
Price Tag to Keep Your Wallet Happy
All you need to know: $106,999 for the sleek compact sedan that won’t burn a hole in your pocket.
What Makes the Attrage a Low‑Cost Champion
It’s not about raw power; it’s about dependability. Picture a car that performs its duties “fuss‑free” and stays on your side for a decade or more. Mitsubishi’s reputation for reliability backs this up nicely.
Space Star: The Hatchback Twist
- Compact but with a more versatile hatchback giving you that extra cargo room.
- Same 1.2‑litre, three‑cylinder engine as the Attrage—think of it as the twin in the trunk.
Power Specs (Both Models Have the Same Core Engine)
- 79 bhp of horsepower.
- 106 Nm of torque, sent straight to the front wheels.
- From 0 to 100 km/h in a leisurely 13.3 seconds.
- Top speed capped at a comfortable 170 km/h.
Why You’ll Love Them
Think of these cars as reliable sidekicks—never leave you alone when you need them. They’re practical, economical, and they’ve got the “mild-mannered but mighty” vibe you want for everyday driving.
4. Perodua Bezza (AD)
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PHOTO: Perodua” data-entity-type=”file” data-entity-uuid=”c8e63e66-d769-4baa-a4df-e4125ff6f784″ src=”/sites/default/files/inline-images/peroduaaaa.jpg”/>
Perodua Bezza: A Compact Powerhouse
Price: $103,999
Picture the first sedan of a brand that’s breaking out of its clutch—no, not the car’s literal clutch, but its brand reputation. The Bezza may be small, but it’s a real two‑up. I mean, five, actually—this sedan packs a cozy five‑seater mood without making you feel like you’re squeezing into a thrift‑store suitcase.
Power That Poke’s
The 1.3‑liter quad‑cylinder sends 93 bhp and 121 Nm of torque to the front wheels through a buttery smooth four‑speed automated gearbox.
Look, It’s Sleek!
- Chrome accents on just the front face give it that “fresh‑from‑factories” vibe.
- Headlamps that could double as a fashion statement—sleek, modern, and ready to turn heads, even at an intersection.
Fuel Efficiency: Not a Myth
When we tested the Bezza in real‑world conditions, we clocked a solid 18 km/L. That’s just shy of the claimed 21 km/L—so it’s pretty reliable if you’re running on a budget. It might not set any world records, but it’s definitely a sensible choice for the daily grind.
Bottom Line
It’s not each little sedan to be faltering in its introduction, but this one delivers a feel‑good, fun ride with modern style and decent fuel economy. Great for those who want a compact car that won’t give them a lesson in compromise.
5. Perodua Myvi (AD)
<img alt="" data-caption="The Perodua Myvi is a perky and loveable hatch,
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Meet the Mini Marvel: The Myvi Hatchback
Price tag: $104,999
If you’ve been cruising around town and craving a vehicle that’s as friendly to your wallet as it is to your family, the Myvi might just be your new best mate. Let’s dive into what makes this compact wonder a real steal.
Fuel‑eating (or not) Efficiency
- The Myvi proudly claims a mileage of 21.1 km/L – still pretty snappy.
- Real‑world tests gave us something close: about 17 km/L. A bit off, but no one’s asking for a 100% match any day.
Space to Breathe (and Hide Your Snacks)
- Stretchy cribs for the kiddos – no cramped bathrooms.
- Extra pockets? Yes, please! Plenty of hidden nooks for your gizmos.
- Feel free to pile up your grocery haul; it still manages to fit.
Engine & Performance – The Base of All Greatness
The 1.3‑litre, 4‑cylinder engine delivers a lively 94 bhp and a generous 121 Nm of torque. It’s like having a sporty teammate that won’t drain your pockets.
Its front‑wheel-drive base ensures that the Myvi stays sprightly on the road – quick to react, and quick to return your lane.
Which Badge Looks Good on Your Dashboard?
Without sounding too proud, the Myvi is yet another top pick from the Malaysian builder you’ve been following. A dependable choice with an understated design and a side of surprises.
Why You Should Mount the Myvi, A Newbie’s Guide
- Love the price? The cost makes it a great rookie car for anyone stepping into a family vehicle.
- Soundly engineered to keep you fast and tight on your own terms.
- Blend of style, efficiency, and practicality – ready for daily drags.
So if you’re looking for a car that’s a bit of a superstar, loads of space, and a respectable fuel bill, consider the Myvi. It’s a cheerful little dream on wheels that promises both confidence and comfort.
6. Toyota Aqua Hybrid (PI)
<img alt="" data-caption="Expect superb fuel economy with the Aqua Hybrid.
PHOTO: Toyota” data-entity-type=”file” data-entity-uuid=”017439ec-e7ff-41c6-8ab0-d32bc9e2883a” src=”/sites/default/files/inline-images/hondaokoko.jpg”/>
Meet the Toyota Aqua Hybrid – The Wallet‑Friendly Base Trim
Price: Just $117,000 – a sweet deal for a hybrid that packs plenty of punch.
Why the “Base Grade” Shouldn’t scare you
Don’t let the plain‑spoken name fool you. This entry‑level model throws in an impressive lineup of goodies that’ll make you feel like you’re driving a tech‑savvy luxury car.
Feature Checklist
- High‑Definition infotainment system for crisp entertainment
- Keyless entry and keyless engine start – because unlocking a car should feel more like magic than a chore
- Multifunctional steering wheel – swap controls in a snap without hunting for buttons
- Rear parking sensors – the car’s own “smart‑ass” that aids your reverse moves
The Power Behind the Price
Under the hood sits a 1.5‑litre, three‑cylinder engine that churns out a combined 114 bhp and 120 Nm of torque, all at the front wheels. Perfect for everyday commutes without burning a hole in your pocket.
Fuel Efficiency That Makes Your Wallet Greet You
True to its hybrid name, the Toyota Aqua Hybrid delivers an outstanding 34.6 km/L, turning every gallon into a longer drive.
So, whether you’re a budget enthusiast or just love a car that screams “smart” with a subtle “budget‑friendly” vibe, the Toyota Aqua Hybrid Base Trim stands out as a pocket‑savvy yet feature‑rich choice.
7. Toyota Raize (PI)
<img alt="" data-caption="The Toyota Raize comes with a variety of vibrant colours.
PHOTO: Toyota” data-entity-type=”file” data-entity-uuid=”ad0644b6-8e60-458b-bbe2-5d69088052b9″ src=”/sites/default/files/inline-images/toyotaknkn.jpg”/>
Why the Toyota Raize Might Be Your Next Pocket‑Friendly Adventure
In Singapore, the Toyota Raize shows up priced under $120 k only in the base trim. Think that’s a bargain? Think again—this compact crossover is packing a punch that’ll keep your wallet—and your friends—spinning.
Key Features (minus the Hood)
- LED headlights & daytime running lights – Because who likes driving in the dark with flickering bulbs?
- Six airbags – Safety first, but we’re not a school; this is a real safety net.
- Parking sensors – “Find me, I’m an idiot!” becomes a thing of the past.
- 370 L boot space – Who says small cars can’t carry a full grocery cart? And yes, it even fits a packed surfboard if you’re feeling adventurous.
- Internal roomy‑ness – Seat four occupants without feeling like a crowded subway train.
The Engine That Hits You Like a Subtle Roar
The 1.0‑L turbocharged, three‑cylinder powerplant chugs out 98 bhp and 140 Nm of torque. It’s been given “intelligent engineering” darling, meaning it delivers performance without unnecessarily chewing up your fuel, while still letting you ride smooth and proud.
What Makes It a Real Winner
Even though the price tag is the same as the “bare‑bones” model in many other markets, the Raize doesn’t compromise on fun factors. The LED lighting, safety suite, and ample boot space sit snugly together. It’s a seller’s joy that shouldn’t feel like a budget that’s bogged down.
Bottom line? The Toyota Raize proves you can scoop a fully‑equipped, stylish crossover that stays within dollar limits without being dull. Grab one before it’s gone, and enjoy the road—without sore wallets.
8. Toyota Sienta (PI)
<img alt="" data-caption="The popular Toyota Sienta is an economical seven-seater family hauler.
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How Much Is the Toyota Sienta? (And Who’s Missing the Safety Pack?)
Got a budget of roughly $118,000 – $119,000 and wondering if the Toyota Sienta fits in? Let’s break it down.
Trim Levels – More than Just a Tall Order
At PIs, you’ll find up to six trims of the Sienta. The cheaper ones sit comfortably under our price cap, but they also come with a little sacrifice: no Toyota Safety Sense. That fancy suite of safety goodies only drops onto the higher‑end models.
What You’ll Get (Even on the Basics)
- Engine: Same 1.5‑liter four‑cylinder as the rest of the lineup – 107 bhp, 136 Nm of torque, perfect for city or highway pep.
- Doors: Relax – the ride still pulls up those handy electronic sliding rear doors.
- Space: The Sienta’s main claim to fame is its roomy interior, comfortably cramming seven occupants.
Overall, this isn’t just a pretty face. It’s a practical “people‑mover” that shines when it comes to capacity and convenience.
Bottom Line: Less Money, Less Safety, Still Full of Fun
Even though the cheaper trims can’t brag about the safety suite, you still get a strong engine, big doors, and a huge seat chart. If safety packages weren’t the only thing you cared about, the Sienta remains a solid budget pick.
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