Quote:
Originally Posted by sazu
Basically the government's trying to control the number of cars on the road. Their so called "solution" is to to make car buyers buy Certificate Of Entitlement (COE). COE for a 2.0 litre car now costs about S$65k. So COE + a typical 2.0 litre Honda Civic today costs about S$135k.
|
not just that dude. in addition to COE, our import taxes and duties come to around 130% of the car's value.
Quote:
Originally Posted by Hounddub
Oh Come on guys. Given I AM an Aussie and living in Singapore I have the best perspective.
Cars are definitely more expensive here in Singapore....but 10 year financing at nominal interest rates make monthly payments LESS than Australia.....not to mention PARF and COE rebates for early scrapping.
|
Well-priced HDB? What you been smoking? i want some
Taking on a 10year finance scheme might give you lower repayment rates BUT after 10years what happens to the car you've been paying for? You have to pay another tens of thousands just to keep your car another 10 years or deregister it.
like you said, good and bad. For car guys in SG, it's mostly bad.
