Are you considering buying a motorcycle in Singapore? While it can be an exciting and liberating experience, it’s important to know what you’re getting into before making a purchase. In this guide, we’ll take you through the process of buying a motorcycle in Singapore, from getting started to ownership and maintenance.

To start, it’s important to understand the requirements for obtaining a motorcycle license in Singapore. Before you can legally ride a motorcycle on the road, you’ll need to pass a series of tests and obtain a Class 2B license. We’ll cover everything you need to know about this process, including where to take lessons and how much it will cost.

Once you’re licensed and ready to start shopping for a motorcycle, there are a number of factors to consider. From choosing the right type of bike to finding the best deals, we’ll walk you through the process step-by-step. We’ll also cover the costs of ownership and maintenance, including insurance, maintenance, and repairs. By the end of this guide, you’ll be well-equipped to make an informed decision about buying a motorcycle in Singapore.

Key Takeaways

• Obtaining a Class 2B license is a necessary step before buying a motorcycle in Singapore.
• When shopping for a motorcycle, consider factors such as type, price, and condition.
• Owning and maintaining a motorcycle in Singapore involves additional costs such as insurance and maintenance.

Getting Started with Your Motorcycle Purchase

If you’re looking to buy a motorcycle in Singapore, there are a few things you need to know before you make your purchase. This guide will take you through the process of understanding Singapore’s motorcycle landscape, selecting the right motorcycle, and financing your ride.

Understanding Singapore’s Motorcycle Landscape

To ride a motorcycle in Singapore, you need a Class 2B license. This license allows you to ride motorcycles with an engine capacity of up to 200cc. You’ll also need a Certificate of Entitlement (COE), which is a document that gives you the right to own and use a vehicle in Singapore for 10 years. The COE can be quite expensive, so it’s important to factor this into your budget when considering your purchase.

In addition to the COE, you’ll also need to consider parking and road tax fees. These fees can vary depending on the type of motorcycle you purchase and where you park it. It’s important to research these fees before making your purchase to avoid any unexpected costs.

Selecting the Right Motorcycle

When it comes to selecting the right motorcycle, there are a few things to consider. First, you’ll need to decide whether you want to purchase a new or second-hand motorcycle. Second-hand motorcycles can be a more affordable option, but it’s important to consider the market value and condition of the motorcycle before making your purchase.

Next, you’ll need to consider the type of motorcycle you want. There are a variety of options, including scooters and motorcycles with different engine capacities and power ratings. It’s important to choose a motorcycle that suits your needs and preferences.

Finally, you’ll need to consider the design of the motorcycle. This includes factors such as the colour, style, and features of the motorcycle. It’s important to choose a motorcycle that you feel comfortable riding and that matches your personal style.

Financing Your Ride

If you’re unable to pay for your motorcycle upfront, you may want to consider financing options such as instalment plans or COE refinancing plans. It’s important to research these options and compare interest rates and down payment requirements before making a decision.

Overall, buying a motorcycle in Singapore can be an exciting and rewarding experience. By understanding Singapore’s motorcycle landscape, selecting the right motorcycle, and financing your ride, you can make a purchase that fits your budget and meets your needs.

Ownership and Maintenance

When it comes to owning and maintaining a motorcycle in Singapore, there are a few key things to keep in mind. In this section, we’ll cover everything from insuring your motorcycle to keeping it in top shape with regular upkeep and servicing.

Insuring Your Motorcycle

Before you hit the road, it’s important to make sure you have adequate motorcycle insurance coverage. This will protect you in case of an accident, as well as cover any third-party liabilities. Be sure to shop around for the best rates and coverage options.

Upkeep and Servicing

Regular servicing and maintenance are crucial to keeping your motorcycle running smoothly and safely. This includes yearly inspections, fuel efficiency checks, and replacement of worn-out parts. Be sure to budget for these expenses, as well as any unexpected repairs that may arise.

Safety and Accessories

In addition to regular maintenance, investing in proper safety gear and accessories can go a long way in protecting yourself while on the road. This includes a high-quality motorcycle helmet, riding jacket, gloves, and other protective gear. You may also want to consider a phone mount for navigation and communication while riding.

Overall, owning and maintaining a motorcycle in Singapore can be a rewarding experience, but it’s important to be prepared for the costs and responsibilities that come with it. With the right insurance coverage, regular upkeep and servicing, and proper safety gear, you can enjoy the freedom and thrill of riding with peace of mind.

Frequently Asked Questions

Can a foreigner purchase a motorbike in Singapore?

Yes, foreigners can buy a motorcycle in Singapore. However, they must have a valid Singaporean driving license or an international driving permit (IDP) to ride on Singapore’s roads.

What’s the current cost of obtaining a motorcycle license in Singapore?

The current cost of obtaining a Class 2B motorcycle license in Singapore is around $1,000 to $1,500. This includes the cost of attending a motorcycle riding course, taking the theory and practical tests, and obtaining the license.

How much should I expect to pay for a motorcycle in Singapore?

The cost of a motorcycle in Singapore varies depending on the brand, model, and condition. New motorcycles can cost anywhere from $5,000 to $20,000, while used motorcycles can be found for as low as $1,000. It’s important to do your research and compare prices before making a purchase.

What are the key considerations when buying a second-hand motorcycle in Singapore?

When buying a second-hand motorcycle in Singapore, it’s important to check the condition of the bike, including the engine, brakes, and tires. You should also check the bike’s service history and ensure that it has been well-maintained. It’s also important to check the bike’s COE expiry date and the transfer of ownership process.

What’s the minimum downpayment required for a motorcycle purchase in Singapore?

The minimum downpayment required for a motorcycle purchase in Singapore is usually around 10% of the bike’s purchase price. However, this may vary depending on the dealer or financing company.

Is owning a motorcycle a cost-effective choice in Singapore?

Owning a motorcycle can be a cost-effective choice in Singapore, especially if you need to commute frequently. Motorcycles are generally cheaper to buy and maintain than cars, and they also consume less fuel. However, it’s important to consider other factors such as insurance, parking fees, and maintenance costs before making a decision.