Have you wondered why cars are so expensive in Singapore? An exclusive dealer of Maserati, a luxury car, has explained to his customer why it is so. In a letter dated 28 March sent to a buyer living in Sentosa Cove, the dealer explains why it is very difficult to sell luxury cars in Singapore.
And in doing so, he explained why cars in general are so expensive in Singapore when compared to similar vehicles sold in other parts of the world. The dealer gives 2 specific reasons why it has become difficult for dealers like him to continue in the car dealership business.
1. COE & REGISTRATION TAX
2. INSISTENCE BY CAR COMPANIES TO HAVE IMPRESSIVE SHOWROOMS
The dealer finally says that he was dropping the exclusive dealership as he foresees more blood-letting in the industry.
Facebook user Kien Lee’s sharing of the letter by the dealer is now trending with over 600 shares, and has drawn mixed comments.