Hong Kong Official Toyotal Dealer are now accepting Deposit!

[serialk11r]

Originally Posted by Godzpeed

For the 86, the tax won't be so high.
HK car tax is based on this
First $150,000 is 40%
2nd $150,000 is 75%
3rd $200,000 is 100%
the rest is 115%


Let say the car's INVOICE price is around $220,000 HKD (28k USD)
the tax would be $60000 + $52500
$150000x0.4 = $60000
$70000x 0.75 = $52500

in the end its around 332,500.

We have ways to get invoice on the cars to show a much lower amount than the actual cost to pay less tax.

Dang really? I thought it would be more, since usually they want to discourage driving in crowded cities. There's sales tax on top of that right? (and of course the high license fees and other stuff)

[Walexis]

Luckily there is no sales tax in HK.
Also the yearly license fee is HKD5794.
So not that expensive or discouraged.