In case you’re serious; in most places in the world, cars are a luxury and taxed as such. In island nation in particular, imports are also very expensive in general and import taxes are most of their revenues.
TLDR: tax the rich, poor don’t need cars in sane cities.
Because it’s a small island country and there’s no need for cars. Public transit there is intense. Automated light rail between communities connect to subways that connect to everything. Their buses are great too.
The cost to drive on the road is probably about the same as the cost to buy one.
About 10 years ago a Chevy Malibu had a sticker price of $120k USD, which included registration for 10 years.
It’s about $120k USD just for the registration now, depending on the car.
Why?
In case you’re serious; in most places in the world, cars are a luxury and taxed as such. In island nation in particular, imports are also very expensive in general and import taxes are most of their revenues.
TLDR: tax the rich, poor don’t need cars in sane cities.
Nah, thats mainly just singapore and vietnam.
A lot of island nations have extreme import taxes on cars. See: every Caribbean island.
developing countries always have the highest taxes. i’m not aware of a single developing country that has cheap cars…
Because it’s a small island country and there’s no need for cars. Public transit there is intense. Automated light rail between communities connect to subways that connect to everything. Their buses are great too.
In Hong Kong, the parking spot for a car may cost more than the car itself.