With the new tax rate for new car, a new C2 with no option would cost US$215,772!

 

Honkers....totally expensive. especially real estate

I love it, but man, would not live there

similar car prices in Australia with their import tax structure

 

Hmm, I live in Vancouver and see a lot of ppl from HK who move or travel here... it looks like they can afford it!

 

^Yes, car price and real estates are expensive in Hong Kong, but their income tax rate is super low, much less than 20%, but people still find ways not to pay it.

I heard from my friends that Singapore is worse. If you drives a Honda Civic there, you can drive a Porsche here.

 

Why would you have a car in Singapore? You can walk from one side of the island to the other in about the same time it takes to drive.