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Duty Free Cars 2nd Hand - estimating prices

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Daniel Fitzpatrick
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Duty Free Cars 2nd Hand - estimating prices

Postby Daniel Fitzpatrick » Tue, 14 Feb 2006 6:23 am

We are looking for urgent advice on how to get a sense of the fair price for a second hand duty free car? It is being sold in a tender process ("blind bid") and we are still o/s, moving to Singapore soon. Is there a second had diplomatic/duty free car market as such eg a website/s with ads, prices. Or, what percentage of the price is duty and other taxes on a regular priced car in Sing., such that if we get a dealers estimate or general second hand estimatefor that model and year, we can deduct a proportion andmake a bid. Any advice? thnks

yoongf
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Postby yoongf » Wed, 15 Feb 2006 10:38 am

Are u referring to the value of the body of a car that has been deregistered?

Is the car meant to be registered in Sg under diplomatic plates?

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Postby Strong Eagle » Wed, 15 Feb 2006 1:35 pm

You can get all the information here:

http://www.onemotoring.com.sg/publish/o ... tion_.html

A couple of highlights.

a) Cannot be more than 3 years old.
b) Must be right hand drive.
c) 20 percent market value import fee.
d) 110 percent market value registration fee.
e) $10,000 surcharge on used vehicles.

More info:

http://www.onemotoring.com.sg/publish/o ... ation.html

http://www.onemotoring.com.sg/publish/o ... rship.html

What I read into all of this is if you are not a diplomat yourself then the price of the car is determined by the Sing authorities and it will be subject to the rules and taxes of any car being imported.


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