The Price Of A BMW 335i In Singapore: USD $260,000

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 02/17/2011 - 13:14 | 970590 ghostfaceinvestah
ghostfaceinvestah's picture

Go for the A5, the BMW is so dot-com days (then again, maybe that is appropriate given today's equity markets).

Thu, 02/17/2011 - 13:24 | 970647 Ratscam
Ratscam's picture

agree, but I prefer the elegance and style of the RS5, or the new RS3.

Thu, 02/17/2011 - 15:32 | 971183 JW n FL
JW n FL's picture

RENN TECH CL 65

Thu, 02/17/2011 - 15:53 | 971255 Dolar in a vortex
Dolar in a vortex's picture

CLK Black Series w Evosport mods, that way you can surprise all the Porsches at your local track.

Thu, 02/17/2011 - 19:18 | 972176 Ratscam
Ratscam's picture

Mercedes is soooo gay or grand-pa style !!

Thu, 02/17/2011 - 22:24 | 972861 Dolar in a vortex
Dolar in a vortex's picture

LOL, your comment makes it clear that you've never seen the Black Series. I'll grant you style points on the RS5 but it's not fast enough.

Now stop focusing on luxury brands you elitist!  ;-)

Fri, 02/18/2011 - 03:34 | 973378 Ratscam
Ratscam's picture

Seen and driven, still prefer my RS5 ;)

I was racing a C 63 AMG on the Autobahn and indeed its faster north of 200 km/h due to more horsepower.

The handling of the 4 wheel drive Audi on mountain roads is unsurpassable. Simply amazing the curve drifts, especially on snow. With the back wheel drive C 63 you have to carefully counter steer and especially be careful on handling the power. It's brutal.

Thu, 02/17/2011 - 13:16 | 970596 jus_lite_reading
jus_lite_reading's picture

Is Dr. Deficit going Kamakazi? All of them are tools of the devil.

Thu, 02/17/2011 - 13:16 | 970600 kato
kato's picture

stupid. i bet they like really the fact that it comes with a personal ass-wiper.

Thu, 02/17/2011 - 13:17 | 970601 Cognitive Dissonance
Cognitive Dissonance's picture

We should ring up WilliamBanzai7 in Hong Kong and see if he's up for importing some four wheeled bling and making a few bucks.

Paging Doctor Banzai7, report to the ZH emergency room stat. Code BMW bronze.

Thu, 02/17/2011 - 13:29 | 970629 williambanzai7
williambanzai7's picture

You can't just import cars. The reason the cars are so expensive is you need a permit to bring one in and the permits are astronomical.

Conversely the air is clean in Singapore and the public transport is state of the art.

Naturally only millionaire businessmen and financial services employees can afford such cars. That is the price they pay for driving a Ferrari to work.

In addition, the City is wired to charge heavy toll fees for entry into high traffic density areas at rush hour.

Logic dictates the same kind of system should apply to Manhattan. Nothing doing of course. So our public transport sucks.

In HK, you can bring in as many cars as you like, the streets are jam packed at rush hour and the air is literally as bad as it can get.

Thu, 02/17/2011 - 13:31 | 970678 Chump
Chump's picture

Yup.  In '98 a '95 Camry was about 75K, so the price for this Beemer sounds about right.  Maybe even a little low.

Thu, 02/17/2011 - 13:41 | 970720 Cognitive Dissonance
Cognitive Dissonance's picture

......and the air is literally as bad as it can get.

Well, that explains your brain damage.......which has so wonderfully liberated your artistic madness. Breathe deep WB7 and keep up the frenzied (and inspired) ZH posting pace.

Thu, 02/17/2011 - 16:02 | 971285 Sokhmate
Sokhmate's picture

I think you meant dain bramage

Thu, 02/17/2011 - 14:06 | 970818 DaveyJones
DaveyJones's picture

"Logic dictates the same kind of system should apply to Manhattan. Nothing doing of course. So our public transport sucks."

was gonna say we'll be forced to get there, then I realized silly, it's too late. Things will really suck first

Thu, 02/17/2011 - 17:41 | 971812 tonyw
tonyw's picture

And of course the island is only about 20  miles across at the widest with a 55mph speed limit. Like everywhere else having an expensive car is just a way of showing off. I like the taxis which have a little bell that tings when the speed limit is exceeded:-)

Agree the subway system is great, people are not allowed to eat and drink on the subway so it's very clean like most of S'pore.

housing is expensive too.

Thu, 02/17/2011 - 13:18 | 970607 anarchitect
anarchitect's picture

How many strokes of the cane for smuggling one in?

Thu, 02/17/2011 - 13:38 | 970698 Cognitive Dissonance
Cognitive Dissonance's picture

340, one for each thousand Singapore $.

You'll cry "BMW" long before then.

Thu, 02/17/2011 - 13:20 | 970625 TheGreatPonzi
TheGreatPonzi's picture

Notice that Goh is a "financial industry worker".

Who could have guessed? 

This is so sick.

Thu, 02/17/2011 - 13:21 | 970631 freddymercury
freddymercury's picture

Was born and raised in Malaysia which neighbours Singapore. Yeap...that price is about right. In Malaysia there is a 200% import duty on luxury cars. You can do the same there as well and not just in Singapore.

Thu, 02/17/2011 - 13:23 | 970641 Rogerwilco
Rogerwilco's picture

Wacko-insane arbitrage opportunities like this are never a sign of economic excesses...or an impending "rebalance".

Thu, 02/17/2011 - 13:28 | 970643 Bam_Man
Bam_Man's picture

I am the owner of a 1995 BMW M3 (bought new in March 1996) and would not trade it for a brand new 335i.

IMHO, all BMW's made after 1998 are pieces of over-priced, over-engineered junk.

My M3 was over-priced, but was and still is a great car.

Thu, 02/17/2011 - 13:43 | 970732 Oh regional Indian
Oh regional Indian's picture

I owned a 1985 528e and it was the best car I ever owned (and I've owned many). The perfect balance of space, power, economy, handling.....

Memories.... I bought it for all of 900 dollars and drove it straight from San Rafael to Mt. Shasta through 100 degree heat in a California Summer. Flawless.

But this Singapore thing is no arbitrage. All taxes and permits. huge taxation.

it's a control society of the worst sort anyways. Sterile. Cameras everywhere.

ORI

http://aadivaahan.wordpress.com/2011/02/16/truth-about-america-truth-about-us/ 

Thu, 02/17/2011 - 18:43 | 972048 Amish Hacker
Amish Hacker's picture

Call me old-fashioned, but 1998 is still not old enough, imo. Think pre-cupholder. No electrically-heated outside rearview  mirrors, no cruise control, no airbags, no power steering. 1973 2002 tii: the first sports sedan.

Thu, 02/17/2011 - 13:25 | 970644 Atomizer
Atomizer's picture

Can't imagine what a 2011 Bugatti Veyron 16.4 Super Sport would cost.

Thu, 02/17/2011 - 13:25 | 970653 A Nanny Moose
A Nanny Moose's picture

Forget the price. The depreciation on that is gonna leave a mark

Thu, 02/17/2011 - 13:26 | 970654 Gaston
Gaston's picture

Government taxes, its the same deal in Turkey, If you got the money to buy a car like that, then the government will surely take its cut....

Thu, 02/17/2011 - 17:13 | 971667 Freebird
Freebird's picture

Yeh but from recollection the Singaporeans also received a 100% tax offsets for their car payments for the lease / payment plan term...it used to make a lot of sense if you were earning a couple of hundredk a year

Thu, 02/17/2011 - 13:31 | 970662 Pee Wee
Pee Wee's picture

My wife's 1997 328is with snowtires was $7k.

Just hit 80k miles. The rest of the car is perfect.

Bam_Man is exactly right.

Thu, 02/17/2011 - 13:28 | 970664 Rick64
Rick64's picture

 This is smart planning from the Singapore Government to control the amount of vehicles on the road. Singapore is a small island if they didn't have this restriction it would be Bankok x 10. Their public transportation is excellent and taxis are relatively inexpensive.

Thu, 02/17/2011 - 13:36 | 970695 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I think ETFs are total crap, but if I were to buy one, Singapore would be high on the list with Brasil, Turkey, Israel, and Swedon.  If you are wondering why I picked these donkey necked contries, it is purely based on geographical chokepoints.  I guess Egypt would be there too. 

And while I am pointing out worthless fiat paper investments to buy with worthless fiat money, I will write one word to represent how II think the banksters will profit off of hyper inflation; coca.

Thu, 02/17/2011 - 14:10 | 970828 DaveyJones
DaveyJones's picture

it always stays high

Thu, 02/17/2011 - 13:32 | 970683 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Cars are funny.  They are totally awesome becaue they are such a unique invention, but most people think of them as a literal extention of themselves.  Seen as a right instead of a privilage, Americans go about their day forgeting the reliance.  Soon, when oil is hard to find, the rich will be driving on LA freeways alone for miles and miles; there will be no speed limit in the future.

Thu, 02/17/2011 - 13:35 | 970692 Quinvarius
Quinvarius's picture

He can have mine for 230k and I will throw in shipping.  I wanted two 760li's anyway.

Thu, 02/17/2011 - 14:36 | 970951 Rockfish
Rockfish's picture

Hold on i've got a beautiful 2002 525 blk/blk ready for delivery $129,999.00 TODAY!

Please send money wire trans only.

Thu, 02/17/2011 - 13:39 | 970709 BearishFeijoadaSushi
BearishFeijoadaSushi's picture

$260k is not too far from $170k here in Brazil for the same car. I paid $12k for a 1994 3 series last year. That's something you americans can brag of. A civic costs about $40k. Crappy country in which I live...

Thu, 02/17/2011 - 13:39 | 970716 Mr. Poon
Mr. Poon's picture

Forget hig-flow showerheads and incandescant bulbs, the black market has a new favorite hot item!  (And all thanks, not surprisingly, to government regulations . . . )

Thu, 02/17/2011 - 13:59 | 970798 Matt SF
Matt SF's picture

Wondering how many BMWs they'll be finding in parking garages a la Ireland & Romanian strategic defaulters.

Thu, 02/17/2011 - 14:03 | 970809 PY-129-20
PY-129-20's picture
Here in Germany you can get one for 76 845,82 US-Dollar. And that is probably not even the best price.
Thu, 02/17/2011 - 14:27 | 970914 HUGE_Gamma
HUGE_Gamma's picture

autos, electronics, cell phone plans, rent is cheap in the US

Thu, 02/17/2011 - 14:36 | 970954 frugartarian
frugartarian's picture

has anyone ever been to singapore? Of course there's going to be a premium for cars, there's no effing space on that tiny island. Not a bubble at all, too many wealthy people over there

Thu, 02/17/2011 - 14:38 | 970966 Common_Cents22
Common_Cents22's picture

Any bribable workers at the Singapore DOT to expedite permits?  That's how you get rich in the US too, TBTF and know people in government, just like Blankfein and Dimon do.

Thu, 02/17/2011 - 15:55 | 971260 BISTRO
BISTRO's picture

It's pretty much the same amount of taxes as you'd pay in Denmark! (180% + 25%VAT)

Thu, 02/17/2011 - 17:48 | 971846 Bokkenrijder
Bokkenrijder's picture

It's either "importing into Singapore" or "exporting to Singapore."

Thu, 02/17/2011 - 23:27 | 973012 SmittyinLA
SmittyinLA's picture

The government motors folks in America are drooling at the prospect of auto restrictions. local govts for the fees, and UAW folks for the increased prices for high end rides.  

 

I noticed the 556HP caddies weren't mentioned.

Do NOT follow this link or you will be banned from the site!