That's why you see a lot of Asian kids driving ferraris, lambos, etc in the US and the UK. You could buy a brand new C63 in the states for the same price as a Camry in most Asian countries.

Sam, I did a video on the Aston Martin from a few years ago. Its essentially a 100% increase on the price of the car. Crazy. Great to see you meeting quite a few of my friends from Singapore. The car culture there is truly AMAZING!

While not a popular opinion amongst car people, these taxes are really needed. You're in a very dense city encolosed by a border with malaysia and the sea. If more people had cars you'd have gridlock. You can see that traffic moves fairly well, the reliance on public transport means that they have lots of money to make it very effective and the lower traffic levels mean that people who need cars, emergency services, trademen etc. won't have a problem using the roads. Sucks if you want a Prosche though.

Some asian countries have crazy taxes because of engine displacement 🙄 Often tax is higher than list price of the car itself. That's crazy!

325.000 pounds for a 911. Lol. That almost make my country's taxes (the Netherlands) look acceptable. Which they are not. In my opinion.

Thank you STG, Finally someone in the KZfaqr car scene is aware of the condition of cars in Singapore

In India we have 180% tax on imported cars. So a lamborghini huracan starts at 400000 pounds excluding registration&taxes. A base Bmw x1(which is brought as CKD) starts at 49000 pounds. So you could imagine.

Welcome to Singapore, every car guys’ nightmare

This is the best series ever ! I enjoy it as much as the old Top Gear and the best part is the frequent uploads, simply great.

Being a singaporean car guy I feel so sad!!!!! I bought a Kia(cerato) at about 89K SGD. Really want to move out of Singapore as a car guy

Yep buddy. Singapore is very famous with its own prices. And it will be more like Sing-a-rich then a Sing-a-poor-e!!

In Thailand, taxes are the same too. A 100k car ends up costing 300k.

I just looked on Toyota Singapore website, and a used 2015 Camry with 65,000 km is $105,800 Singapore dollars, which is £60,610

and you're paying only for 10 years.

Just to let you know Sam, the prices of the cars that you’ve seen have not been included with the COEs (Certificate of Entitlement), and essentially when you’ve paid for a COE to register onto your supercar, you can only drive it for 10 years. Basically all cars in Singapore have a “lifespan” of 10 years, and after 10 years you’ll have to renew your COE or scrap your car. 😌

Anybody who watches this entire video deserves a medal. If he is married his wife should get the first medal. Carry on mate.

The Pagani Huayra is the most expensive car here at $8.9M SGD which is equivalent to 5 million pounds

Mighty Car Mods did a really cool video in Singapore a few years ago. Goes into some good deal as to why everything is so expensive. Still has an awesome car culture there.

Yea I saw the GT3 in Yellow. At some locations like where the rich people go then you can see one super/Hypercar And bugatti dealership is beside the Aston Martin and Bentley dealership

I will stop complaining about the price of cars in the Netherlands now. All cars here are a bargain compared to singapore :o

720s in Brazil : Around R$3.000.000,00 Monthly Minimum Salary in Brazil: R$998,00

In fact Sam, Singapore took delivery of a Chiron not too long ago! I'm as astonished as you are!

I grew up in singapore and have become so used to the car prices here that any other place, car prices seem really cheap. Even for luxurious sports car.

Thats the difference with Porsche compared to others like Lambo and Ferrari - there is more camaraderie and definetly more driving events in the clubs compared to the others. No fair weather stuff here lol. Love Singapore when I visited. Stayed in the Fullerton over looking the GP circuit. What a place Singapore is!

Crazy rich SINGAPOREAN

Singapore one of the nicest City’s round the World.🙏🏼😇🌚👍🤡👍🌆🌇🏞

The best thing about Singapore is that they drive on the left hand side of the road so we get a tone of Singapore cars here in New Zealand once they turn 10 years old. 2009 c63 will cost you around 40K NZD or 20k GDP, same for say a Nissan GTR which would cost around 65k or 32.5k GDP.

Not forgetting that after paying that ridiculous price, the car is only registered for 10years. After which it will be sent to the scrapyard

You forgot the best part. Certificate of registration is only valid for 10 years for every single véhicule on the road. 😂

You should show the city not only cars

Seeing this definitely makes me appreciate the USA even more. Registration on that 911 would be about $1k at the most, and the cost used would be just over $100k. You could buy 3 of those and dinner for the cost of 1 in Singapore.

My uncle and aunty live in Singapore and they are very comfortable with there money but they can't afford a car at all, it's so expensive

For instance Malaysia , RM 500,000++ for a porsche cayman RM 1.2 for an AMG GTS ?????????

Sam! I just saw the full video. I’m a viewer from Singapore and I currently drive a Mercedes S400. I’ll answer a few of the points you mentioned. Cars in SG are taxed at a rate of 180% for an car that’s priced over USD 50,000. So that registration thing you mentioned is known as certificate of entitlement. The 20k pounds you mentioned is correct however what you didn’t mention is that it last for 10 years only. That means after 10 years the car needs to be sent overseas or one needs to repay that 20k fee (whatever the market price for that is). Anyways I’ll give you an example with my previous car which was a V8 Vantage roadster. Brand new it was SG$700,000 but I bought it at 3 years of age and it cost me about SG$500,000. Imagine the loss the first owner was subjected to! Anyways when I sold it after 3 years of ownership I managed to get SG$300,000. At the 10th year when the COE runs out the car is valued at whatever the market value in the UK or Australia/ NZ is. A lot of the older cars are exported out. That value won’t be more than US$30 or 40 grand. Regarding financing.. I got a new S400 2.5 years ago and it cost almost SG$500,000 and at the time in order to get financing I had to put down 50% ie 250 grand cash and the rest was financed at SG$6006 a month at a 3 year term. Interest on the loan is very low, only 1.8%. I’m about to sell the car for a Bentley Bentayga and the price after 2.5 years is about Sgd280,000. It’s a rip off but we need cars mate! Enjoy your travels!

I stay in Singapore and I love cars finally others can understand the issues with the car prices

The reason behind why Singapore has all these crazy taxes is because being a tiny island, the government has to control the amount of vehicles on the road to prevent over-crowding and pollution. The taxes are considered based on the amount of vehicles already registered to be road driven which means less cars = cheaper taxes. And also, if you drive a hybrid car versus a petrol car, lower emission = cheaper taxes. Not only the automobiles in Singapore cost a fortune but even properties are considered one of the highest in the world. But, I guess as a Singaporean myself, we have learnt to adapt to the lifestyle, although not necessarily in the most graceful manner (i mean we tend to complain a lot).

Wait until you see what Kuala Lumpur has to offer!!!

Never mind cars, have you seen the price of beer there! Scandalous 🍺🍻🍺

I am a Singaporean and what he said at 6:00 is absolutely, 100% true. I am ashamed that our driving culture here is very unforgiving and mean. Also, we have a few Facebook group pages that salty drivers post videos with intent to shame other drivers that makes genuine mistakes. Worse, some of these posters are not absolutely right in the first place either! Singapore have great roads, but filled with unforgiving, mean drivers. It's sad, really. Drove in the UK, Japan, Germany and Australia and even though the roads are not as wide, there's some potholes here and there, the lanes are not that many, but the culture and the courtesy is impeccable! We have much to learn from you guys indeed.

Sam - a new resident here in Singapore and a Porsche fan (981 CS in the UK). Actually ventured down that street (Leng Kee Rd) only 2 weeks ago to humour myself getting a 718 S. £3k a month. With £17k deposit! You can earn here, but boy does it cost. Have you bought a beer here!? Everything costs! Happy to meet for a coffee if you wanna learn more! PJ

I am from Singapore and I have a BMW 218i which costs about 220 thousand in other countries u can get a decent sports car

Cheeky huracan at 6:07 ehehe thanks for the Easter egg Sam!

Dear Sam, basically the cars here are imported at the original price same as UK, however the government impose a Additional Registration Tax on every vehicle at the exact SAME price as its original cost to import. Then there is a piece of paper that allows you to drive a car for only 10 years legally here which costs around 35k to 60k more. After that you have sales tax and other transfer fees and road tax of up to 7k for a V12 engine car.

if I'm not wrong, the Pagani in Singapore is like S$6-7mil, for what it is and how it looks, it's actually quiet cheap, I think only 2 people in Singapore owns a Pagani each, as for the Bugatti, it's in the S$3-5mil range

Where Did Sam Get All These Loaner Cars? Dealerships Definitely Love Him 👌

Singapore cars are the most expensive on planet earth

I love the Porsche content, Sam! The videos are always so classy, informative and fun! It doesn’t matter what cars your in as long as they’re cool and man, have they been cool! Great work as always mate! Keep it up! ✌️

As a Porsche owner, modifier and enthusiast I’m loving the Porsche content. 👍🏻

you should read up ARF and COE of Singapore

Financing does not really help in Singapore because a 50% down-payment is mandated by law, and the remaining 50% has to be paid over a maximum loan tenure of 5 years. Singaporeans are generally well off.

Best video I saw this year! And now the biggest suprise.. How did I NOT follow you yet? Im a shamed of myself. Great video mate!

Great that you were able to visit my country! Unfortunately, Singapore is immensely small, and the govt feels it needs to tax cars greatly to try and discourage car ownership for fear of road gridlock That being said, car culture here great!

Wait till you find out about the housing price here

Live here for more than half a decade and there are good reasons why prices are that high, as owning a car comes with 'Certificate of Entitlement' (not kidding - CoE does stand for entitlement). BTW, Singapore has no Capital Gains Tax, so at the end of fiscal year it is typical to extract the profit out and buy lovely things. BTW, cars are not status symbols in Singapore - rare watches are. It is normal to see people with Richard Mille in a subway (SMRT). Now, coming back to cars, when you buy a car here, you pay CoE for 10 years in advance, and if you let's say sell a car after 2 years, you get 8 years of CoE back (or calculate that return in the price of sale). So, question to people of Blighty - how much is a Porsche Carrera 911T AFTER 10 years of road tax, registration etc.? So, it's 93,000 pounds with VAT, add ten years of MOT etc... becomes how much GBP? For driving and enjoying, find me in Motor City or Yas.

You should also take a look at car prices in Brazil, they are as insane as these. I’ve read an article last week about the new gen of Porsche’s 911 and their starting price is 680.000 BRL (equivalent to 141.000 pounds)

Keep the Porsche content coming!! Every day could be Porsche related and I would love every minute ❤️

I am from Nepal. Price for new Toyota RAV4, base model is £120k! You get the idea 🤔🤪

My favourite city by far!

The building behind you at 11.11 that is under renovation is currently completed and Alpine has a dealer there

On top of that, we would also have to pay the government a hand full of money for a certificate to own the cars for 10 years on top of the expenses for maintenance, petrol, highway tolls, parking, etc.

The converted price is irrelevant. Based on how many supercars you saw on the street, clearly enough people have the buying power to get these cars. Factor in the average salary etc and make a real comparison.

Oh, and you can only keep the car for 10years when bought brand new.

The reason why cars in Singapore cost so much is because of the taxes, COE (Certificate of Entitlement), which is meant to discourage people from driving and take public transport instead. Also, COE only lasts for about 10 years before you need to renew it. On top of COE, cars have road tax, Additional Registration Fee (ARF) and ERP (Electronic Road Pricing). However, owners of electric or hybrid cars have a discount in road tax and a Vehicle Emissions Scheme (VES) rebate. For example, a Renault Zoe Electric will get a S$20,000 VES rebate.

OMG U still in singapore? I live here f these car prices lah

The thing is... Europeans and Americans cant even afford to buy cars if they were to live in asia.... A person who can buy lamborghini in Europe or America... They wont be able to afford porsche in asia

Although the taxes are hefty, the reality is that Singapore Is a very small market, with only around 100,000 new cars sold per year, so it’s low volumes and lack of competition that keep prices high. The (intended) outcome of low volumes of cars is very little congestion, which is great. Ohhh, and the public transport system, particularly the MRT train system is fabulous, so most people don’t have cars.

FYI in 2013 an Agera S was sold here for S$5.3million - a record that was only broken last year by the Agera RS at a staggering S$6.8million.... welcome to Singapore mate

Love Singapour best city in the world, makes London look stone aged

That's why I'm planning on moving away from here. As a car guy myself, I can never afford my dream car if I were to continue living here

Cars in Singapore you're buying it at that crazy prices but not forgetting that it's only for 10 years and its no longer legal to drive it on the road unless you renew the Tax call COE (Certificate of Entitlement). You'll be surprised to see the number of exotics I see in the scrapyard, a few pieces of artwork being trashed away.

The high price is a deterrent to prevent people from buying cars. They had even temporarily banned people from buying new cars. They want you to use more public transport. Which is fine since Singapore has excellent public transport system.

Singapore is one of the cities in the world with the most millionaire people

The cars are so expensive in Singapore my god😵😵😵😵

Good that the price of cars in Singapore are a lot dearer then Australia.

For your info, cars are only allowed on singapore roads for 5 years. After that if you still want the cars to be still on the road, you have to pay the tax again. So effectively, new cars depreciates to zero dollar in 5 years.

Still less expensive than in Brazil though

Cars are cheap here in the US compared to most of the world

Same here in Indonesia. A base price of an Aventador back in 2016 is around 1.1 million usd, which is equivalent to around 850.000 gbp. The price is not include a yearly tax. For an 2016 Aventador, the amount of tax you should pay is around 130 million idr, the equivalent of 7.000 gbp per year.

Its true the cars here are crazy expensive but its still somehow a car spotter's heaven

Lots of very well paid financial jobs is why they can afford supercars in Singapore.

Buying a car in India is equivalent to buying 2.5 cars in U.S.

OMG I ACTUALLY SAW THIS CAR AT CHINATOWN WHEN I WAS ON A LEARNING JOURNEY AT SCHOOL :OOO I begged my teachers to take a picture of it but they ignored me and they said if I take out my phone they'll confiscate it for 10 weeks My mind was blown by it and I was like omg omg omg but I couldn't move so I exploded inside. My other friends knew that I liked cars soo much and they were like pointing to the car and calling me but the teacher shushed them lol I didn't know what the livery was at that point but now that I saw this video I realised what a beast I saw Anyways about the car prices, just imagine buying a Ferrari in Singapore and it depreciating a "British" Nissan GTR every year. That's crazy

you should see the house prices in sg

Bruh, come to Finland. Basic Lamborghini Huracan costs 549 000 euros when its 50% cheaper in rest of Europe... Also 911 is over 300 000 euros.

And in Australia lol you missed that

Awesome videos Sam! Waiting for your tour in Portugal. Cheers and keep having a safe trip!

Hong Kong is similar and yet is the #1 market for McLaren globally. It also has 100+ Ferrari 488 Pistas heading here.....

Lol so the uk really is great place to live

A fast way to eat away your wealth quickly , is to buy a car in Singapore

Mighty car mods did a good piece on why the costs is so high

It costs $250,000 Australian dollars here in Sydney for a carrera T which is the equivalent to 138,000 Pounds.

Hong Kong is only a bit cheaper 😂😂

mate, if you think that's expensive, here's an example. I'm from Malaysia and a brand new BMW M5 after conversion to USD is close to 249k USD. anyway, here's hoping to meet you in Malaysia soon.

Loving the drive the world content one of the best automotive youtubers out there at the minute!

Same here in Thailand the taxes for car are 300% so the starter price of a 720s is 700,000 pounds with no option at all, 1.1 million pounds for an AventadorSVJ and 6 million pounds for a laferrari. ;-;

They do this in order to protect the environment... no one told you it costs 40k USD to get a license there as well? Educate yourselves people. The place where I am living in now also has taxes similar to this in Amman, Jordan. Take for example a mustang costing 100k USD and so on and so forth. Also, Singapore has (as you can tell by now) lots and lots of millionaires.

Singaporeans "poor people" didn't u see a vantage and multiple Porsches and pagani and u be calling them poor ,u must be out of ur mind mate , get some help

That was my Superleggera, the only one in town....You are right its insane but once you realise you live here you stop converting to "back home prices". Thanks for making Singapore look so good! I love it here!

At 5:14 the "what would the cost of that be?" voice reminds me of "A piston engine in a pram?" I think a Monty Python themed STG would be funny.

And people complain about car prices in the US.... Lol