Quote:
Originally Posted by kon
Open Market Value (vehicle dependent, cost of car).....S$55,000 (335i) / S$43,000 (328i)
Registration Fee............................................... ......S$140 (flat)
Additional Registration Fee.......................................100% of OMV
Excise Duty.............................................. .............20% of OMV
Goods and Services Tax...........................................7% on OMV and Excise Duty
Certificate of Entitlement (demand/supply driven).........S$95,000 (currently) > infamous car population control, need this paper before even buying any car
Road Tax (depending on car engine size in cc)..............roughly S$1,000 to S$2,500 (per year)
Govt tax & dealer margin, will be approximately (based on 335i) 438%
SGD/USD exchange rate SGD1.30 = USD1.00
No local car industry to protect
How it hit our pocket... (list price with everything above included, excluding insurance)
328i Sport - S$247,800 / US$190,615
335i Sport - S$295,800 / US$227,538
M-sport is additional S$6,500 / US$5,000
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Holy cow, that is expensive! I thought NZ was expensive compared to the US, but that's incredible.
Thankfully we have no additional govt taxes, duties, excises other than standard GST. The price difference here is down to a small market and BMW NZ margins!
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BMW iX M60, Storm Bay with XPEL Stealth PPF, Exterior Line Titan Bronze, 1EW 22" 1023 Wheels, Amido Leather, Comfort Package, Interior Camera, Clear&Bold, Sun Protection Glazing, B&W Diamond Sound, Folding Towbar, Rear Axle Steering.