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According to the interview in ST, he is currently driving a Nissan Prairie, a 9-year old MPV.
"I don't preclude a second-hand car. It depends on the price (and) how the market will move next year with all these changes. But the depreciation (on a new car) is fastest in the first two years. If you are not one of those who hanker after driving a new car, but actually a reliable car, a two-year to three-year old car makes good sense. I don't need speed, acceleration. How fast can you go in Singapore anyway?"
"I don't preclude a second-hand car. It depends on the price (and) how the market will move next year with all these changes. But the depreciation (on a new car) is fastest in the first two years. If you are not one of those who hanker after driving a new car, but actually a reliable car, a two-year to three-year old car makes good sense. I don't need speed, acceleration. How fast can you go in Singapore anyway?"