As background, Singapore has been working very hard to control the amount of traffic on the roads since it is a small island and there are over 5 million inhabitants on an island that is only 275 square miles (just larger than San Francisco). People wanting to own a car have two major obstacles to overcome. First anyone wanting to buy a car must FIRST purchase a Certificate of Entitlement that costs $70,000 and only lasts for 10 years.
The next step involves actually buying a car and the prices are absolutely ridiculous! So we got a real kick out of the price displayed on the windshield of this Volkswagen Golf - look, only $124,800!!! Just looked online and you can buy it for $23,000 in NC. Hmmmmmm
What a deal!!!
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