| hk20000 | 01-09-2010 03:26 PM |
Quote:
Originally Posted by !SG
(Post 6762352)
that is why if you see ppl driving a car in hk, they really have the money to be able to own it. just the 200% tax alone means the cost to own a car, parking, and maintenance is pretty high up.
finding good quality used cars is tough as well.
| Quote:
Private vehicles including commercial vehicles not exceeding 1.9ton gross vehicle rate (so Liteace and kei-trucks use this scale)
on the first $200,000
Rate of Tax(%) : 65
on the next $200,000
Rate of Tax(%) : 85
on the remainder
Rate of Tax(%) : 100
Taxis
on the first $150,000
Rate of Tax(%) : 3.7
on the next $ 150,000
Rate of Tax(%) : 65
on the remainder
Rate of Tax(%) : 85
Van-type light goods vehicle exceeding 1.9 tonnes permitted gross vehicle weight
Rate of Tax(%) : 17
Special purpose vehicles
Rate of Tax(%) : 3.7
For further information, enquiries can be made to the
Motor Vehicles Valuation Group of the Customs and Excise Department
11/F, North Point Government Offices,
333 Java Road, North Point, Hong Kong.
Telephone : (852) 2231 4391.
Facsimile : (852) 2598 4975
Hong Kong Licensing Office of the Transport Department
3/F, United Centre, 95 Queensway, Hong Kong.
Telephone : (852) 2804 2637.
Facsimile : (852) 2804 2599.
| I don't know where you got the 200% from...The 2XX% applies to cars imported to China as far as I am told.
These shady car dealers are out making a killing, that's all there is to it.
Also used cars in good condition are abundant, just bear in mind that
HK is a peninsula so if it's too old it'll rust
HK is hot, so anything Italian is going to catch fire, then the French overheats, finally the Germans.
HK roads are crappy (better now but used to be really crappy) and if you buy 15 year old cars be prepared to replace all suspension components.
HK car shops may weld 2 crashed cars together just for kicks.
HK cars (especially Europeans) have calibrated odometer. But if you know your Cantonese and act accordingly you can most likely get the actual km out of the sales person.
but on the plus side
HK cars are often maintained to the best standards adhering to the factory recommendation because maintenance labor is dirt cheap
Parts are also dirt cheap so you are likely to find many nice aftermarket bits (albeit probably dated) on the car sold to you because taking it out is more of a hassle than buying another one
The registration system shows how many owners have owned it since it was first registered so you can't go wrong in that department. | 