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A permit that costs 5 times the price of the product itself

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All the effort of design, testing, certifying, manufacturing, marketing and distributing a budget-priced car results in a price tag of around S$20,000. :)

But yet a piece of paper permit to own the car for just 10 years can cost over S$90,000 at the peak COE price in 2013. :)

Don't you find it amazing? :s13:

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