Singapore boasts one of the highest car prices in the world. Take one of the cheapest cars on Earth, Chery, for instance - as listed on sgCarMart.com, the most basic QQ retails at close to S$87,000 with taxes. However, according to an American motoring online portal, the China-made hatch goes for a mere US$3,600 (approx S$4,530) in the United States, 19 times cheaper than that for sale on the sunny island. If the QQ, being one of the cheapest cars available is so expensive in Singapore, why are Singaporeans buying alternatives which are even more expensive? Full story
China-made car costs 19 times more in Singapore than in America
Singapore boasts one of the highest car prices in the world. Take one of the cheapest cars on Earth, Chery, for instance - as listed on sgCarMart.com, the most basic QQ retails at close to S$87,000 with taxes. However, according to an American motoring online portal, the China-made hatch goes for a mere US$3,600 (approx S$4,530) in the United States, 19 times cheaper than that for sale on the sunny island. If the QQ, being one of the cheapest cars available is so expensive in Singapore, why are Singaporeans buying alternatives which are even more expensive? Full story
