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Joined: Apr 2013
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Talk Morgan Enthusiast
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Talk Morgan Enthusiast
Joined: Apr 2013
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Originally Posted By TimG
Is it real or just a rally big magnifier on front of a Dinky display? Around 20 years ago in Japan you could buy bottles of whisky from a vending machine.


You can buy nearly anything you want from a vending machine in Japan. Mainly in the food, drink and gadget area, but in the more liberal areas of Tokyo at night some of the items are more daring.


Graeme: 2011 +4
Joined: Sep 2010
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B
Talk Morgan Enthusiast
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Talk Morgan Enthusiast
B
Joined: Sep 2010
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Likes: 21

The showroom does exisit with the price of land in Singapore being so expensive this is the most economical way to show the cars.There are sales persons on site.you choose the car to look at and it will be down in 4 minutes!
To import a classic it has to be 25 years old .The import duty is 20% of market value.
The ARF payable for a classic car with an OMV of S$75,000 will be calculated as follows:

Vehicle OMV
(S$75,000) ARF Rate ARF Payable
First S$20,000 100% 100% x S$20,000 = S$20,000
Next S$30,000 140% 140% x S$30,000 = S$42,000
Above S$50,000 180% 180% x S$25,000 = S$45,000
Total ARF payable is (S$20,000 + S$42,000 + S$45,000) = S$107,000
So the total cost of a 75k singapore dollars will be 207k including car price which is 115 k pounds !
Also the restriction you can only use it 45 days a year !

Last edited by brownbaker; 20/05/17 09:03 AM.
Joined: Mar 2009
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Smile, it confuses them
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Smile, it confuses them
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Only 45 days a year - thats one I did not know, that hurts given how much they tax you for it. A lovely place to visit and crazy place to live is what my friend calls Singapore. He worked there for 2 years and it eroded his love somewhat.


Everyone loves a Morgan. Even me, unless it's broken again.
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