The owner of our hostel is named Kevin. He and his wife Monica just bought a new Nissan (very cute). The car was $20,000SD. The taxes were $45,000SD and will cover 10 years and then, if they keep the car, it's another $45,000SD. These taxes are paid up front. This is why there are no old cars in Singapore.
On top of this there is at least $2,000SD for road taxes and gas is about $8SD per gallon (approximately).
Additionally, there's a device in the car that has a card in it. During peak driving hours you are charged extra to drive in high traffic zones.
To park you buy cards on which you indicate you arrival and estimated departure time. They are $1SD each and you get a ticket if you don't leave one on your dash.
Surprisingly, given the cost, there are plenty of cars in Singapore, almost all new. See, Americans shouldn't complain about the cost of gas.
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