Car prices around the world

[BobH]

There was a recent post from an owner in Singapore, which reminded me of the prices of  cars in Singapore when i visited there about 30 years ago.  My host drove a small souped up hatchback, can't remember the make, but the type of car that would have cost around £ 1000 in the UK at the time.  He told me what the car cost him and about the cost of cars generally in Singapore, and asked me about the cost of cars in the UK. At the time a reasonably new BMW could be bought for what he had to pay for his old hatchback, due to taxes etc.  There's no reason to think the price of classic cars isn't also inflated there

Seems nothing has changed since i was there, I've just read this article

https://recountthetimes.com/compare-prices-cars-world/

[Cees Klumper]

Big price differences are usually driven by governments' fiscal policies. For example, sales tax on a new car in California is under 10%. In The Netherlands, last I checked it was 100%.

[neelyrc]

Exactly Cees.  Singapore is a very small island with high population density and a limited road network. Their fiscal policy relative to cars is designed to control the number of vehicles on the road at a manageable level.  When I lived there in the ‘80s and ‘90s there was also an age limit in the licensing system.  I was not aware of rules relative to “collectible cars” and I do not recall having seen any. 

[BobH]

The Singapore government really are determined to deter car ownership, on top of all of the other taxes it seems drivers need a "certificate of entitlement", which lasts for 10 years, and costs, for a car up to 1600cc over £ 50K, rising to £ 67K for larger engine cars

https://dollarsandsense.sg/no-nonsense-explanation-on-why-cars-in-singapore-are-so-expensive/