On Thu, 25 Dec 2003 11:24:37 +1030, (Aidan Stanger)
wrote:

Greg Hennessy wrote:
On Wed, 24 Dec 2003, (Aidan Stanger) wrote:



AIUI there is one country where the supply of cars has been almost as
limited as the supply of British houses.

That would be singapore.

I was there on business in late 1995, one of the local expats was telling
me he'd just paid the equivalent of 45K stg for a 3 year old toyota
corolla.

That said, I've never seen as many S class Mercs in one place at one time
ever.

The Singapore situation is somewhat different - it is registering the
cars that is the expensive part.

Duties of several 100% on the purchase price + mandatory scrapping after 10
years + $35k of what's called IIRC a certificate of entitlement before you
can even drive it away off the forecourt + annual taxes of 1-2 sing $ per
cc.

This

http://www.aas.com.sg/carprice/usedcar.htm

puts the price of a 2001 1.6 corolla @ ~70k sing $. Which is over £23K

A mint example here would be under 5k.


Its little wonder that yank teen got his arse flayed after vandalising cars
over there in the early 90s.


However, I think the cost of that has
fallen slightly now that they've got their complicated congestion charge
scheme BICBW.


When I was there, that only applied to the CBD.


greg


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