Singapore is the only country that prices cars appropriately. Every other country simply externalize the cost of a car onto everybody else including other car drivers.
Beyond the high price to just purchase a car, Singapore freeways are loaded with tolls which make the price to operate vehicles even higher.<p>The flip side, the roads/infrastructure/landscaping of Singapore are the best I've ever seen. Modern and pristine, at least we know those funds are being put to good use.
_Supposedly_ it's now common for cars to be "stolen on a trip to Thailand" near the COE expiration. (This allows the owner to store the car out of country rather than being forced to sell it in Thailand.)