The cost of owning a car in Singapore has reached an all-time high, with a 10-year license now costing a minimum of $76,000. Singapore's quota system, designed to reduce traffic and emissions, has made cars unaffordable for the average resident. The recent price increase is causing concern for car dealers and individuals who rely on cars for daily activities. The cost of living in Singapore has been increasing, and the quota system has added to the financial burden for many. Supporters argue that the system helps prevent congestion and suggest using public transport or motorbikes instead.