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 from LTA website. The OMV obtained serves as your reference only and may differ from the actual OMV of the car you wish to purchase.
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