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911 prices drop!!

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Old 03-24-2016 | 01:58 PM
  #31  
titleistaddict87's Avatar
titleistaddict87
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Originally Posted by eddtiff
The real killer is the 'First Registration Tax' in HK which is 115% and applies to new cars over $65,000 USD.

This basically means, all P's are doubled in price. 1/2 of the price goes to the HK govt. Electric Vehicles (Model S) on other hand are exempt from this tax till Mar 2017.
That explains why every other car I saw in HKG was a Model S. It's like half price all the time!
Old 03-24-2016 | 03:50 PM
  #32  
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DoninDen
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Originally Posted by eddtiff
The real killer is the 'First Registration Tax' in HK which is 115% and applies to new cars over $65,000 USD. This basically means, all P's are doubled in price. 1/2 of the price goes to the HK govt. Electric Vehicles (Model S) on other hand are exempt from this tax till Mar 2017.
It will be interesting to see if when the credit goes away, if the used values jump up.



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