New ARF Increases Affect Luxury Car Buyers

The government has recently announced revisions to the ARF system in Singapore, and it’s not looking good for luxury car owners. The Budget 2023 speech just concluded earlier this week, and this presents some new changes to the Additional Registration Fee (ARF) system we are currently adopting. Deputy Prime Minister Lawrence Wong has since announced the Land Transport Authority (LTA) will increase the ARF values for new and used cars with ...

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Lexus Introduces New Advantage programme For Prospective Buyers

The Lexus Advantage programme will be an industry-first, flexible programme for future car purchases in Singapore. With COE prices skyrocketing off to a record-breaking 6-digits in 2022 coupled with LTA reducing the total number of COE premiums available, car owners and prospective buyers are now caught in a bind. An increasing number of them are on the fence, unsure of when is the "best" time to drop that deposit on a ...

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