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+--- Thread: Buyers of luxury cars will soon have to fork out more. (/Thread-Buyers-of-luxury-cars-will-soon-have-to-fork-out-more)
Buyers of luxury cars will soon have to fork out more. - Bigiron - 18-02-2022
Buyers of luxury cars will soon have to fork out more.
A new additional registration fee will kick in later this month. Such cars will be taxed an equivalent of 220% of their open market values. https://str.sg/wmqy
RE: Buyers of luxury cars will soon have to fork out more. - [[ForeverAlone]] - 18-02-2022
can even show off lol this show I'M REAL RICH YEA Not " fake rich yet wanna drive supercar "
RE: Buyers of luxury cars will soon have to fork out more. - Ola - 18-02-2022
How many will buy these luxury cars? Maybe only those 200+ people.
Cannot speed, cannot go on real highway, no need to drive 4 or 5 hours from one province . . .
https://www.carregency.com/general-knowledge/7-cheapest-luxury-cars-singapore/
RE: Buyers of luxury cars will soon have to fork out more. - [[ForeverAlone]] - 18-02-2022
(18-02-2022, 10:06 PM)Ola Wrote: How many will buy these luxury cars? Maybe only those 200+ people.
Cannot speed, cannot go on real highway, no need to drive 4 or 5 hours from one province . . .
https://www.carregency.com/general-knowledge/7-cheapest-luxury-cars-singapore/
Just for “ show “ in SG aka means I’m rich
Super car owners also know in SG road quite hard to speed unlike big countries like USA can the road is dam long if travel from one state to another
RE: Buyers of luxury cars will soon have to fork out more. - Blasterlord2 - 18-02-2022
(18-02-2022, 10:06 PM)Ola Wrote: How many will buy these luxury cars? Maybe only those 200+ people.
Cannot speed, cannot go on real highway, no need to drive 4 or 5 hours from one province . . .
Precisely. Only a very small number will be taxed. It won't add much to the coffers. It's only a token gesture to show that the rich are being taxed.
RE: Buyers of luxury cars will soon have to fork out more. - Tangsen - 18-02-2022
(18-02-2022, 09:00 PM)[[ForeverAlone]] Wrote: can even show off lol this show I'M REAL RICH YEA Not " fake rich yet wanna drive supercar "
Real rich dun even bother this kind of Mickey Mouse tax for car
Shipping cost of their super car sometimes already more than the tax
RE: Buyers of luxury cars will soon have to fork out more. - pervertosan - 19-02-2022
these kind of taxes have little value, but it will make the lower income very happy from the perception that the wealthy kenna whack…all mind games to make the majority feel it equality
RE: Buyers of luxury cars will soon have to fork out more. - drgn - 19-02-2022
it is good.
win-win.
government collects more taxes.
rich peoples feel better.
RE: Buyers of luxury cars will soon have to fork out more. - *天哥* - 19-02-2022
Well u guys are right. My banker friends saved $1million they think a lot already...but look at Kim Lim husband ...$2million spent without blinking an eye.
RE: Buyers of luxury cars will soon have to fork out more. - Sticw - 19-02-2022
The rich have co to register the car to lah. It just means less co profit so less co tax. Such move only to make commoners feel good to accept gst... Lol