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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Michael Sphar who wrote (8159)2/26/1999 6:13:00 PM
From: Z268  Respond to of 9980
 
Michael,

Re : the price of cars in Singapore.

The good news is, the COE has dropped to virtually zero (well, not quite), since this is driven by demand. At one stage the COE was up to US$40,000!

The bad news is the 200% import duty on cars remain in force (and is unlikely to change).

So, a Honda Civic still costs about US$45,000 to $50,000 on the road!

Rgds,
Steve