What I learn about Singapore

Contary to popular belief I think cars in singapore are cheap, relatively.

It's all relative I guess and I'm comparing it to Malaysia. Yes! Malaysia. Why because Malaysia's import tax on cars are what 300%?! Perhaps this is to protect the local car manufacturers... or whatever but this make imported cars in Malaysia super ex!

Would you believe that on the road prices for cars like Hondo and Toyota are about the same!!!! Perhaps Malaysia a bit more cheaper. Imagine that, Malaysians are paying Singapore prices for cars! So the next time you buy any new car in Malaysia think about that.. is it really worth it? :P

BUT.....

Second hand values of cars in Singapore is super cheap. Mainly because cars here can only 'last' 5 years due to the COE so second hand value drops tremendously. (but I heard you can renew it to 10 years).

Also the mentality that 'old' cars of 5 years are hard to maintain - esp the continental cars. Which explains why a friend of my bought a jaguar x-type for less that sgd80k!!! And a tourag is advertise for 50k OMV (plus coe, plus tax maybe 120k---- retailing in Malaysia 1 million).

brilliant.

and to those who believe that continental cars are hard to maintain, thanks for helping me keep the 2nd car cost low :)