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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums Regional Forums ASIA Hong Kong just raised taxes on cars!
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      02-23-2011, 02:51 AM   #1
mlai
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Hong Kong just raised taxes on cars!

By 15%!

So I have to pay over usd12k more for my coming 550i
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      02-23-2011, 04:12 AM   #2
RC3
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2011 F10 528i  [10.00]
Sucks, bro. That's quite a lot. You can get a lot of goodies with that.
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      02-23-2011, 08:21 AM   #3
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Holy S***

Did anyone expect this? complete surprise!

pre-tax$ %tax
0-150k 35->40
150-300 65->75
300-500 85->100
500+ 100->115

so the 528 @380k just went from 598k to 632.5k (+34.5k)

overall, about <5% increase for cheaper cars, for ferrari etc. ~7%

mlai, its not payment date, first reg. date?? aiy ... so unlucky
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      02-23-2011, 08:46 AM   #4
RC3
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2011 F10 528i  [10.00]
yes, I know. Should be registration date.

I only got my car for less than 2 months, that was close.
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      02-23-2011, 09:50 AM   #5
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Additional US$5K for me....there goes my budget for rims....
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      02-23-2011, 10:21 AM   #6
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on '3', say Mr. Fin. Sec.'s name followed by 'PK'
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