Singapore pricing of the Mk 7 GTI

[VUU]

OMFG!

AUSmotive.com » Mk7 Golf GTI lands in Singapore, check the pricing!

[team_v]

I thought it was common knowledge that cars in singapore cost 3x more than what we get here.

[Diesel_vert]

Yep, the government has a funky scheme which heavily restricts vehicle ownership through extremely high duties, tariffs, taxes and fees.

[Buller_Scott]

on roads (with certificate of entitlement), i would have thought it'd be more.

from what i remember from a car mag i got when i was over there:
- bmw 328i = $270,000
- hsv commodore = $470,000
- mk6 gti = $240,000
- honda jazz 1.3L = $118,000
- some piece of sh7t malaysian car, the cheapest new car you could get on the road in singapore = $95,000

car prices are similar to here, it's just that the government forks you with the COE.

[Ryan_R]

Happy to see the Discover Pro listed in there

[DoggieHowser]

Singapore pricing of the Mk 7 GTI

Even the 1.4Sports aka the 103TSI comes with the 8" Discover Pro


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[slowmotion_93]

Singapore pricing of the Mk 7 GTI

Good thing Singapore has the most number of millionaires per square km.

They also have to crush the car when it becomes 10 years old, or pay a large sum of money.

[Ryan_R]

Even the 1.4Sports aka the 103TSI comes with the 8" Discover Pro

Oh ok then

[DoggieHowser]

Good thing Singapore has the most number of millionaires per square km.

They also have to crush the car when it becomes 10 years old, or pay a large sum of money.

They say the car is scrapped. In reality, the cars usually get exported overseas, especially the old Mercs and Bimmers.South Africa is supposed to be a big market.

[dubsquad]

Singapore pricing of the Mk 7 GTI

Been there a few weeks back, more bmw's, audi's, merc's and supercars on the road than low budget cars.

[DoggieHowser]

Been there a few weeks back, more bmw's, audi's, merc's and supercars on the road than low budget cars.

It really points to the income disparity. Singapore has one of the worst GINI coefficients around and is a semi-legit tax haven in the region. So there's a lot of foreign capital in Singapore that is causing one of the highest cost of property in the region. With the limited number of COE (certificates of entitlements) being issued, and COEs subject to bidding, it means the rich can afford to bid way more than the average folk. The COE costs about 60k now, with only a few hundred issued per month (that means only a few hundred new cars being registered on the road each month). This compared to a million dollar Ferrari is just a rounding error, but it can more than double the price of a Corolla.

There was a case a while back where a Chinese national living in Singapore drove a limited edition Ferrari 599 through a red light at close to 200km/h, ploughing through a taxi, killing the taxi driver and his passenger.

[Sunny43.5]

I remember being in Singapore back in the early 80,s what struck me was an add in the paper for a BMW the car was only 2 or 3 years old and the owner stated in the ad that he was desparate to sell otherwise it would go to the wreckers because apparently each year a car is on the road the rego taxes etc goes up enormously .