I'll be moving to SG from Seoul Korea at the end of this year. I have a 2009 Sportster that I bought for about US$10k. I don't know if I should sell it and buy another when I get to SG or try and ship it over and have it registered in SG.
Here's what I've figured so far.
I can only bring in bikes that are less than three years old. No problem here.
It will cost me about 30% in duty at market value not including COE, shipping, road tax.
I noticed Harleys are pretty damn expensive in SG. About SG$17k for the cheapest Sportster new. And used prices seem pretty high too, not to mention they are not easy to find. So I need to figure out which makes more financial sense.
My gut feeling is to sell and buy new bc I don't want to go through the hassle and second I don't know if my Korean motorcycle license will be converted to. Class 2 license easily. Would be stupid to bring it over and not be able to ride it.
Al in all it seems like the price would be about the same.
J
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