LTA get 70% or $122,693 from the sale of a Honda Civic

[8::::::D]

Government made $122,693 from a $175,555 prices Honda Civic

How A $25,894 Honda Civic Becomes $175,555

Here is an example of how
a $25,894 Honda

Civic becomes $175,555 in Singapore.

• OMV $25,894
• ARF $28,252
• Excise Duty + GST $7,665
• COE (CAT A) $86,556
• VES Surcharge or Rebate $0
• Basic Cost (Including $220 $148,587 registration fee)
• Dealer’s Margin $15,189 (18%)
• Final Sales Price $175,555

Now that you know how much more you are overpaying for a car compared to the rest of the world, perhaps it is time to reconsider the idea of whether buying a car in Singapore is really going to be worth the hard-earned money that you are going to be paying.


Haven add in the laughing bank loan

Government happy
Dealers Happy
Banks Happy
Manufacturers Happy
Landlords Happy
Shippers Happy

Singaporeans crying

 

[8::::::D]

sinkie like slaves to LTA

 

[searcher1]

Prefer Taxi & PHV to be exempted from COE, immediately daily rental dropped 60%
The Cat.B should be priced at $100K/Year ....