2007-06-11 10:38:06 · 4 answers · asked by Anonymous in Travel ➔ Asia Pacific ➔ Singapore
Car in Singapore is about more than 3 times of the original price. The Government tax is as follow:-
ARF (Additional Registration Fee) = 110% of OMV
Durty = 20% of OMV
COE = about S$17,000
GST = 5% (7% after June 2007)
where OMV (Open Market Value) = Basic price + fright charges + insurance + uplift charges + etc....
Which meant if a vehicle with OMV = S$20,000, total cost in Singapore will be S$20,000 + S$22,000 + S$4,000 + S$17,000 = S$63,000 (exclude commission for the saleman and trader and GST).
2007-06-11 14:38:24 · answer #1 · answered by Tan D 7 · 0⤊ 0⤋
1. Cars cause pollution
2. Singapore is a tiny country
3. Everybody yearns to own a car
If cars are so cheap that anybody can afford them, you would see 4.5 million cars on our roads. We'll all sink and die.
2007-06-11 18:13:44 · answer #2 · answered by floozy_niki 6 · 0⤊ 1⤋
The taxes on cars are high, making the prices high so that less people will buy cars & more people will take public transport
2007-06-11 18:04:08 · answer #3 · answered by PinkAce 3 · 0⤊ 0⤋
shipping?
2007-06-11 10:41:01 · answer #4 · answered by tom4bucs 7 · 0⤊ 0⤋