(Post all sightings/pics of rare cars in SG here!) (Part 10)

last SG · 2007-08-25T15:26:19+00:00

no problem bro. we'll just continue in your thread.

alleggerita SG

That's hell lots of RR Phantom in one place.. Shocked Laughing

z_vengeance SG

rr club.. Laughing

wrx_sti_22b SG

Look at the rear door… it is a long wheelbase Phantom, no wonder so long.

tomsss SG

those are just 2 (or 3) of the 14 EWB Phantoms from the Peninsula Hotel, Hong Kong

sir_peanuts SG

the phantom's longer than the parking lot! haha Laughing

HeXy SG

My guess would be a salary of $50-$80k monthly..

mark-x link SG

pple who own lambo do not only relay on salary to pay for the car, they do investment, collect rents to pay for them.
some dont even need to employ a single amount of their salary on the car, its self paid...if u know wat i mean Neutral
tat the fact of life

Icemoon SG

Is a lambo expensive?

A murcie only costs 300k US. This is about the cost of a condo in Singapore right?

Garage R SG

WOW!! nice RR pic..so many merc..james bond garage? lol

iaintmad SG

abt a million sing dollars

Icemoon SG

how come so expensive? COE is half a million sing dollars?

kajagugu SG

COE isn't that much, i would think its the tax our govt is imposing in importing the car, correct me if i'm wrong.

The OMV if the cars are far less than what you pay on them, even if you factor in the depreciation, i can't still figure out where the 'lost' money went.

Hence i think it's tax, to reduce the amount of (discourage) such cars on our roads.

Icemoon SG

But these cars are typically smaller than the average luxury cars like BMWs and Mercedes.

So I don't think the high price is to limit the no. of cars on our roads.

vulpes macrotis mutica SG

looking at the increasing number of ERP gantries, timings and prices, factoring in the stiffer traffic penalties, it is quite obvious by now that drivers are a viable source of income.

besides, a driver is much more likely to stop by the side of the road when pulled over and suck thumb than a thief/robber running on foot from the police.

and looking at the financing costs of exotic cars, usually such people own rental properties and collect rent to offset the cost of their standards of living. alternatively, buying it under the company and claiming petrol and all from the company's pretax income is also another way to go.

muwrx SG

perhaps its just a gift to reward all their hardwork.

honestly who doesn't want to have a nice ride if possible?

FatPenguin SG

Yup... Passed the hotel... Shocked

FatPenguin SG

Bingo.

alleggerita SG

Lambo Gallardo is retailing for about S$800,000 to S$820,000 in Singapore, a Murcielago is about S$1.18million..prices may fluctuate depending on currency conversion rate and COE price..the reason why a car becomes so hideously expensive when it comes to the shore of Singapore because I remember there's a tax that the govt. impose on new cars, it's a cool 110%..

So if you say a Lambo Murcielago is US$300,000 in the US, just convert it to S$ and it's already S$450,000..add the 110% tax and it's already S$945,000 without road tax, insurance and COE..add these and the profit that the official dealer earns and it becomes S$1.18million approx.. Wink

Added: I would guess after adding road tax, insurance and COE to the S$945,000 it's about S$1million..so maybe the dealer earns about S$180,000..

DcR SG

All I have to say in response to the above comment is that eurosports SG deserves to earn that amount, or however much they make off each car simply because,

1. their overheads are pretty high
2. they always take extremely good care of their clients.
Comparing the svc received frm hong seh to eurosports, i will probably not buy a ferrari again. But then again, HS has more customers anyhow.

Icemoon SG

Overheads high meh? Other than renting a compound like any other car dealers, what else do they pay?

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