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He saved $500,000 on his Rolls-Royce
Rules about the import of second-hand vehicles have been relaxed, and car lovers are celebrating.
Some cheer for new car buyers but not for long
Industry players say cut in COE numbers will up premiums
Lower ARF won't mean cheaper cars
Rise in COE premiums may offset tax cuts, say industry players.
Most car owners stand to gain from road tax cut
Many do not pass a gantry; only 300,000 ERP transactions a day out of 3 million trips.
High-end car buyers likely to wait; others may not
Straw poll indicated that buyers of high-end cars more likely to wait for cut in ARF next month.
Tax reduction makes diesel-powered passenger cars cheaper to own
From July 1, however, diesel cars that meet the stringent Euro IV emission standard will attract a supplementary tax of $1.25 per cubic cm of its engine displacement.
This Continental touch can land you in trouble
Licence plates with EU designs are selling fast despite being against LTA rules; those caught face stiff penalties.
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