What are the hidden fees involved in owning a car in Singapore?

Some of the more obvious costs that one may often overlook include:

1) Car insurance

2) Maintenance costs due to breakdowns, wear and tear, accidents that are not covered by insurance

3) Parking and ERP Costs

4) Speeding tickets

5) Cost of obtaining a license

6) Petrol costs

7) Depreciation of car's value

tldr: Owning a car is costly and a heavy liability. This article sums things up pretty well if you want more info: https://www.singsaver.com.sg/blog/car-maintenan...