rip wrote:Welcome WeeCY.
I've heard from my colleagues over there that it costs a fortune in tax to own any car in Singapore.
Are Kia parts available over there? If so, this may be a useful source to parts common with the Kia Elan.
We have 1 or 2 other owners in Singapore. I can't remember who though.
Greeting rip.
Enlighten me with Kia Elan? Is it M100 or newer model? Sorry I am slow at this.
I know that Malaysia took over the Lotus and might be cheaper to buy some parts in KL. Perhaps let me have a sample part # as reference then I will ask around in Singapore & Malaysia
Yup owning a car in SG is really expensive. After a HARD bargain, I got the 92' Lotus Elan for SGD 42,000 (abt 25,000 pound), that is the cost of the used car.
My Elan ONLY entitled to drive till 2018, thereafter it has to scrapped off at $0 (cannot be on the road). You need to renew your entitlement (ie. to bid for a Certificate Of Entitlement-COE) which is about SGD60K-70K for another 10 yrs driving on the road. That is, you need to renew COE for every 10yrs (abt $60K-70K).
Apart from it, your annual road tax is about SGD1,000, 3rd party insurance is SGD 40000..
Variable cost will be petrol (depends), car park (avg $200 monthly) and Electronic Road Pricing (ERP)- another road tax; the more you drive, the more you tax.
"Electronic Road Pricing (ERP) is an electronic system of road pricing. It uses a dedicated short-range radio communication system to deduct ERP charges from smart-cards inserted in the in-vehicle units of vehicles each time they pass a pricing point when the system is in operation. The pay-when-you-use principle helps make motorist more aware of the true cost of driving. This way, road usage can be optimised."
Public transport is very effective here hence it is expensive to own a car here. Singaporean just live with it
