IN THE last two years, higher-end cars like Audis, BMWs, Mercedes Benzes, Volvos and Lexuses have been seen sporting the red number plates of off-peak cars.
A Lotus Exige S and a Porsche 911 Carrera were among the 50-odd more-expensive cars registered as off-peak ones last year, with the $400,000 Carrera the most expensive among them.
Off-peak cars, which come with a one-off flat rebate of $17,000 upon registration, have typically been bought by those eyeing budget brands such as Hyundai, Mitsubishi, Kia and Chinese brands Chery and Geely.
Read the full report in Monday's edition of The Straits Times.