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Certificate to own car in Singapore rockets to $106,000

41 pointsby adrian_mrdover 1 year ago

6 comments

addictedover 1 year ago
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.
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iterateAutomateover 1 year ago
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&#x2F;infrastructure&#x2F;landscaping of Singapore are the best I&#x27;ve ever seen. Modern and pristine, at least we know those funds are being put to good use.
dharmabover 1 year ago
_Supposedly_ it&#x27;s now common for cars to be &quot;stolen on a trip to Thailand&quot; near the COE expiration. (This allows the owner to store the car out of country rather than being forced to sell it in Thailand.)
throw9away6over 1 year ago
Is that per year or like a taxi medallion?
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didntknowyaover 1 year ago
it&#x27;s fine to have a heavy cost to private ownership because they have a decent public transport.
c_o_n_v_e_xover 1 year ago
The rising COE prices also impacts the used car market, making vehicles more expensive.