I bought my Mazda 2 nearly two years ago for slightly more than S$70,000. I thought it was a little expensive but I pillarised my then Mazda 6 and was somewhat depressed. So, I got a new car.
Read the stories here:
1. Tea with AK71: Pillarised.
2. Tea with AK71: Bought a new car!
Anyway, buying a new car then proved to be a somewhat fortunate move since car prices have shot through the roof!
Read: Tea with AK71: The price of my car now.
Indeed, I found out that it would cost more than $100k now to buy a new Mazda 2!
As if that is not depressing enough, I am constantly reminded by foreigners what I could have bought in their home countries with the money I paid for my car.
Today, I am reminded once more of how expensive cars are in Singapore as I read the weekend's edition of The Business Times. Couldn't have missed it. It was on the front page.
In Singapore, a Chery QQ would set us back by S$74,988 now, after discount!
In the USA, we could buy a Porsche Boxster Black Edition for S$71,060!
In the U.K., we could buy a Mercedes Benz SLK for S$53,692!
OK, those countries are far away. What about nearer home? Well, in Malaysia, we could buy a Volkswagen Golf 1.4 TSI for S$60,704.
In Indonesia, we could buy an Audi A3 Sportback for S$70,672.
It is enough to make a grown (Singaporean) man cry.