In Singapore it's not uncommon. Cars are taxed enough[1] to mean most people who'd drive a Porsche find other ways to display their wealth. [1] "For example, a

In Singapore it's not uncommon. Cars are taxed enough[1] to mean most people who'd drive a Porsche find other ways to display their wealth. [1] "For example, a new standard Toyota Camry Hybrid costs around S$250,000 in Singapore, which includes the cost of a COE and taxes. That is about six times more expensive than in the US." .... "The lowest COE for a car costs S$104,000" https://www.bbc.com/news/business-67014420 https://www.bbc.com/news/business-67014420