My heart sank after watching the video . .

I don't mind to received as a gift from him since he hates the car so much.

$700k? That's even more expensive than it is here, including COE! I thought SG was the most expensive place to buy a car? Or has SK beaten us to No. 1 spot?

The owner of the Merc missed out the last step that Jeremy Clarkson did to the Perodua Kelisa

$700k? That's even more expensive than it is here, including COE! I thought SG was the most expensive place to buy a car? Or has SK beaten us to No. 1 spot?

in SK, imported cars has high import tax

hence luxury german car has almost the same price as SG just that they can drive more than 10 years

from report, he smashed the car cos he asking for new car as his car has prob and has been in workshop for about 2 months. but dealer didnt care

btw this is S63. my heart sank too haha. owner must be frustrated after paying 700k for problematic new car

in SK, imported cars has high import tax

 

hence luxury german car has almost the same price as SG just that they can drive more than 10 years

 

from report, he smashed the car cos he asking for new car as his car has prob and has been in workshop for about 2 months. but dealer didnt care

 

btw this is S63. my heart sank too haha. owner must be frustrated after paying 700k for problematic new car

Thanks for clarifying, bro. I know the car, of course. New S63s were being sold at around $650k here in SG, which is somewhat cheaper than the SK price.

And the reason for that is pretty much as I expected: import taxes (except the SK chaps still have cheap and good domestic options unlike us). And the fact that they can use the cars for more than 10 years automatically makes them cheaper on a TCO basis - even if they sell after a couple of years (like we often do), the resale value should be higher because the depreciation curve will not be as steep as in SG.

TL;DR: Sinkies are screwed in so many ways.

Thanks for clarifying, bro. I know the car, of course. New S63s were being sold at around $650k here in SG, which is somewhat cheaper than the SK price.

 

And the reason for that is pretty much as I expected: import taxes (except the SK chaps still have cheap and good domestic options unlike us). And the fact that they can use the cars for more than 10 years automatically makes them cheaper on a TCO basis - even if they sell after a couple of years (like we often do), the resale value should be higher because the depreciation curve will not be as steep as in SG.

 

TL;DR: Sinkies are screwed in so many ways.

Yeah their dep lower than us cos ours calculated based on 10 years.

In korea its better to buy Equus or K9 cos price much cheaper than its competitors.

Luckily sg not as jam as Seoul. Maybe its COE that is effective in reducing traffic jam