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importing a used vehicle
Posted: Tue, 15 Jan 2008 1:31 am
by revfeim
If I want to bring a car into Singapore, is this possible and what sort of tax levels would it attract?
thks
Re: importing a used vehicle
Posted: Tue, 15 Jan 2008 6:10 am
by Strong Eagle
revfeim wrote:If I want to bring a car into Singapore, is this possible and what sort of tax levels would it attract?
thks
1. Must be right hand drive.
2. Must be less than 3 years old.
3. Must be inspected outside of Singapore.
4. Pay 105 percent registration tax (on market value plus shipping)
5. Pay 7 percent GST.
6. Pay road tax.
7. Buy COE.
Very expensive, very hard to do. Not many do it.
Posted: Tue, 15 Jan 2008 11:47 am
by ScoobyDoes
Might be worth getting in touch with a Parallel Importer if you are prepared for the above procedure and get them to do all the physical work for you, for a fee.
Most would be prepared to import a specific car for you, based on receipt of said fee.