Go Back   Team-BHP > BHP Worldwide > The International Automotive Scene


Reply
 
Thread Tools Search this Thread
Old 20th January 2006, 21:39   #1
Ram
Senior - BHPian
 
Ram's Avatar
 
Join Date: Dec 2005
Location: Singapore, Mumbai, Nagpur
Posts: 2,165
Thanked: 144 Times
Default Owning a car in developed Asian countries

To buy a car in Japan, you need to submit an authenticated diagram of where you will park the car and your ownership/lease of that spot. Then Written permission from your landlord will certainly be necessary. The parking spot may not be further than 2 km from your residence.
By buying the car you may not crowd-up the space for other people who already own cars.
The car should be certified as in good condition and non-polluting.
And if you make a single mistake/typo in the application, they will send you right back home to fill another form with zero-errors.

To buy a car in Singapore you need a piece of paper called a Certificate of Entitlement.
The certificate permits you to buy a car.
The government auctions this piece of paper and people pay around 10,000 Singapore dollars for it. The certificate expires every ten years after which you must buy a fresh new one.
Only valid holders of CoEs may even buy a car, at extra cost, of course.
Cars older than 1994 models are called TE vehicles (Time Expired).
These must be dismantled and sold for scrap or exported out of Singapore.

Singapore does not make cars. They have to be imported by paying 41% customs duty plus a $1000 registration fee. When a car is first registered an Additional Registration Fee (ARF) of 150% of the car's Open Market Value is payable.

The miracle is, inspite of all these measures, many Singaporeans will buy and keep an S-class Mercedes!!! Amazing na?

Comments?
Ram is offline   Reply With Quote
Old 20th January 2006, 21:45   #2
BANNED
 
mclaren1885's Avatar
 
Join Date: Jul 2005
Location: Bangalore (the city of modded cars) !!
Posts: 4,821
Thanked: 28 Times
Infractions: 0/1 (10)
Default

And the list doesnt stop at a S-class does it ??? Another member here called deftones has posted pics of ferraris , hondas , lambos , paganis , mitsus , scoobys , porsche , heck almost all the SBK and much more .. Only thing that singapore now needs is a veyron , which im sure will be on its way pretty soon ..
mclaren1885 is offline   Reply With Quote
Old 20th January 2006, 21:50   #3
Senior - BHPian
 
v1p3r's Avatar
 
Join Date: Feb 2005
Location: BLR - chasing cars...
Posts: 4,836
Thanked: 26 Times
Default

As a ratio of per-capita income, I think the taxes and duties on Indian automobiles still make Singapore pale in comparison.
v1p3r is offline   Reply With Quote
Old 20th January 2006, 22:49   #4
Senior - BHPian
 
karthik247's Avatar
 
Join Date: Feb 2005
Location: BLR, HYD
Posts: 2,708
Thanked: 16 Times
Default

Damn, think about all the things a guy over there should think while getting a car..

Well, u won't be needing all those papers here. Just in case ur caught, u can always bribe ur way out. Now you won't even be thinking abt it in ur dreams in Singapore would u??
karthik247 is offline   Reply With Quote
Old 20th January 2006, 22:53   #5
Senior - BHPian
 
BUSA's Avatar
 
Join Date: Aug 2005
Location: Bombay
Posts: 5,130
Thanked: 10 Times
Default

Quote:
Damn, think about all the things a guy over there should think while getting a car..
Now wonder Indians are riding 180DTSi there. Nice.
BUSA is offline   Reply With Quote
Old 20th January 2006, 23:00   #6
jat
BHPian
 
Join Date: Dec 2005
Location: SINGAPORE
Posts: 265
Thanked: 3 Times
Default

Comments? How can you comment with you tongue hanging out. Now I can imagine the amount of money is there in Singapore.

RK
jat is offline   Reply With Quote
Old 21st January 2006, 02:02   #7
Senior - BHPian
 
nitrous's Avatar
 
Join Date: May 2004
Location: UAE/Lon/Madras
Posts: 6,966
Thanked: 282 Times
Default

I was shocked when my friend said she needed a permit from the country to own a car.And, as said above, we're lucky we drive four-wheelers in India.Now, we know why we can see Pulsars in Singapore.
nitrous is offline   Reply With Quote
Old 21st January 2006, 08:32   #8
Team-BHP Support
 
Join Date: Feb 2004
Location: Bangalore
Posts: 11,892
Thanked: 9,728 Times
Default

Quote:
Originally Posted by v1p3r
As a ratio of per-capita income, I think the taxes and duties on Indian automobiles still make Singapore pale in comparison.
Wrong, duties in Singapore are higher, what we pay for an e-class, they pay for a c-class. Of course, you get something back if the car is scrapped or exported and interest costs are much much lower.

In Japan, after two years, the auto industry collude with the insurance and local transportation to ensure that cars require an annual safety inspection which gets costlier as the car gets older where the car needs to be almost dismanlted = cheap jappo cars from Dubai + healthy local jap market

Last edited by ajmat : 21st January 2006 at 08:35.
ajmat is offline   Reply With Quote
Old 21st January 2006, 12:09   #9
Senior - BHPian
 
Join Date: Mar 2005
Location: N.A
Posts: 6,834
Thanked: 1,503 Times
Default

Quote:
Originally Posted by ram
The miracle is, inspite of all these measures, many Singaporeans will buy and keep an S-class Mercedes!!! Amazing na?

Comments?
Cheaper, faster and more hassle-free way of getting around is the MRT. Why buy a car?
Steeroid is offline   Reply With Quote
Old 21st January 2006, 15:31   #10
Senior - BHPian
 
Deeps's Avatar
 
Join Date: May 2004
Location: Delhi/Noida
Posts: 1,090
Thanked: 67 Times
Default

Quote:
Originally Posted by Steeroid
Cheaper, faster and more hassle-free way of getting around is the MRT.
I was told thats why they banned chewing gum in S'pore...'cos people kept sticking it between the MRT doors.
Deeps is offline   Reply With Quote
Old 21st January 2006, 18:51   #11
BHPian
 
msprabhakar's Avatar
 
Join Date: Jun 2005
Location: Mumbai
Posts: 264
Thanked: 73 Times
Default

See here for a comprehensive write-up about owning a car in Singapore...
msprabhakar is offline   Reply With Quote
Old 23rd January 2006, 22:26   #12
BHPian
 
deftones's Avatar
 
Join Date: Dec 2005
Location: Singapore
Posts: 216
Thanked: 0 Times
Default

yep...owning a car singapore is like owning a 2nd home for many....the cars dun work for the people..the people have to work their butts off to keep the cars running!!

COE sucks big time!! but there is a reason for it though...they dun want this tiny country to be overcrowded with cars....so they make it less affordable for the masses.

But this owning a car is a dream for many here. Bikes have no respect.

You can take a cab to and fro work everyday to any part of singapore and it will still be cheaper than a car

Ofcourse there are the filthy rich with their supercar....than again u gotta be filthy rich in any country to own a super car..hehe

Haiz...am gonna stick to my bike for now
deftones is offline   Reply With Quote
Old 24th January 2006, 03:30   #13
Distinguished - BHPian
 
Mpower's Avatar
 
Join Date: Mar 2005
Location: Bangalore
Posts: 10,432
Thanked: 1,682 Times
Default

If every bike guy starts buying cars in India, we also will need rules and taxes like singapore.
Mpower is offline   Reply With Quote
Old 24th January 2006, 06:03   #14
Senior - BHPian
 
1Day's Avatar
 
Join Date: Feb 2005
Location: Chicago/Delhi
Posts: 1,357
Thanked: Once
Default

Quote:
Originally Posted by Mpower
If every bike guy starts buying cars in India, we also will need rules and taxes like singapore.
What else do you think is happening??

The guy who could only afford to walk now has a cycle, the guy who had a cycle now has a bike or something similar, the guy on the bike has a M800 or alto, the guy in Alto is riding a Lancer/City type car..the guy with city has upgraded to sonata or accord or even camry and then those guys to C class or may be E and those guys to S and then there is no upgradin..if you can afford anything more than that..then its hardly called upgrading..

our duty system needs to come down..we can see why singapore needs it or HK but not india man..25% for built in india cars and 40-50% for imported cars..that should be it..

BTW Mpower..where in chicago are you? how many bhpians do we have here..me in palatine/schaumburg area..

Last edited by 1Day : 24th January 2006 at 06:05.
1Day is offline   Reply With Quote
Old 24th January 2006, 07:26   #15
Distinguished - BHPian
 
Mpower's Avatar
 
Join Date: Mar 2005
Location: Bangalore
Posts: 10,432
Thanked: 1,682 Times
Default

You're right. That's the economic boom that we've been seeing...not good for traffic chaos.

Regarding the duty system, I think its been put to place in Singapore to discourage people from buying cars so as to reduce traffic jams because they have no land. not to protect local industry since there is none.

In India, the reasons are different....to protect the local auto industry. My only fear is that India will choke its road system like Singapore and will resort to additional taxes to discourage car ownership.

BTW, I am in the southern suburbs near Woodridge. Don't know of any others here.
Mpower is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Does Toyota find Southeast Asian countries more lucrative than India? vinair The Indian Car Scene 40 30th March 2015 11:04
FIM Asian GP round 3 Sepang Sks_Biker Int'l Motorsport 0 6th August 2007 13:01
Asian Car Sales - India #3, China #1 Steeroid Shifting gears 2 7th September 2006 19:50


All times are GMT +5.5. The time now is 00:25.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks