Singapore used cars control a fair size of the automobile market in Singapore. There are many dealers in Singapore that buy and sell Singapore used cars. The relative value of the used cars in Singapore fluctuates and changes as the COE (certificate of entitlement) prices for new cars changes, which is controlled by bidding.

Singapore is a small island with over four million people. It has a relatively high standard of living and good roads and infrastructure. Thus, the demand for cars in Singapore is considerable.

Autonomics refers to the changing landscape of automobile economics. Broadly speaking, autonomics embodies the current zeitgeist of the car manufacturing industry and how it relates to global macroeconomics. Some of the topics it covers are:

• The financial crisis, the credit crunch, and bailouts
• Globalization, outsourcing
• Technology and technomics
• Consumer expectations and needs