Quote:
Originally Posted by AR.Shah
Normally I dont like yellow cars but this is a fantastic yellow metallic colour. How much does this car aprox. cost over there? Here we have 180% duty and 25% VAT on all cars, so basically you end up buying 2 for the goverment and 1 for youself  |
Thats one disgusting tax!
Here - its approx. 170K plus 8% lux tax ? plus some city tax etc.... I dont remmeber exactly. I should know - ill look on my bill for the 550.
180% duty means what? If you buy a $100K car... you pay $180K on it?! or do you mean 80% of the car's value? (meaning $80K tax) When you say 2 for the government and one for yourself.... i believe you meant $180K tax on a $100K Car.... and that would scare me to another country! haha
I do know, in Hong Kong - its a 100% Tax....some famous hotel bought like 12 RR PHantoms for $800K each ($400K plus $400K tax).