smart #1 Value in Singapore

4 used smart #1 listings tracked. Median asking price $99,494. See PARF rebate, depreciation per year, trade-in value benchmarks, and whether prices are rising or falling. Brand new: from $202,000.

Brand New smart #1 Price in Singapore

From $202,000 incl. COE

Authorised-dealer pricelist via SGCarMart, updated 27 Jun 2026

Variant Price incl. COE
Pro+ CORE 66 kWh$202,000
Pro+ 66 kWh$213,000
Brabus 66 kWh$261,000

A used smart #1 currently asks a median of $99,494 — 51% below new.

Buying a new smart #1? Know your current car's trade-in value first — dealers pad new-car deals by lowballing trade-ins. Check my trade-in value →

Price by Registration Year

Year Typical price Depre/yr Listings
2024$83,000 – $116,000~$15,200/yr3

Asking prices from live listings, outliers removed. Updated 2026-07-03.

PARF Rebate Schedule

The PARF rebate depends on when your car was registered. Singapore uses three schedules:

Vehicle Age Pre-Feb 2023 Feb 2023-Jan 2026 From Feb 2026
5 years75%75% (cap $60k)30% (cap $30k)
6 years70%70% (cap $60k)25% (cap $30k)
7 years65%65% (cap $60k)20% (cap $30k)
8 years60%60% (cap $60k)15% (cap $30k)
9 years55%55% (cap $60k)10% (cap $30k)
10+ years50%50% (cap $60k)5% (cap $30k)

COE rebate is prorated by remaining months out of 120. PARF drops in step function on exact registration anniversary.

Selling your smart #1? PARF value and trade-in

If you're deregistering, your smart #1's PARF value is a fixed percentage of the ARF you paid — the exact figure is shown on your OneMotoring vehicle details. If you're selling or trading in, that paper value is your floor: dealers price their offer from it, typically $2,000–$5,000 below the private-sale market. The current median asking price for a used smart #1 is $99,494. Check current COE prices too — rising premiums lift used values within weeks. Know both numbers before you collect a single quote. When you're ready, our step-by-step guide to selling to a dealer covers quotes, inspection and handover — or start with how much your car is actually worth.

Key Depreciation Factors

  • Mileage — lower mileage cars command a premium; high mileage reduces value
  • COE remaining — more months left means more residual value
  • Service history — agent-maintained with full records adds value
  • Market supply — more listings of the same model pushes prices down
  • Condition — accident-free, original paint, no modifications

What's your smart #1 actually worth?

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