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Customers rush to beat deadline on higher tax on ultra-luxury cars
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Buyers of high-end cars will have to fork out more when a new tiered tax structure kicks in later this month.
PHOTO: ST FILE
SINGAPORE - Some luxury car brands have seen better sales than usual over the past weekend, with at least one multi-brand franchise registering double-digit sales from its luxury brands.
This is remarkable because annual sales for such cars, which are priced above $500,000, rarely reach triple digits. The only one to do so in 2021 was Bentley with 106 deliveries. The next biggest seller was Rolls-Royce, with 90.
