Singapore's restrictive quota system for permits and licensing--known locally as COE, or Certificate of Entitlement--have caused car prices to skyrocket. As of January 2013, a base-model Toyota Corolla Altis 1.6 cost about $125,000 USD. There are, Ryan Ong proposes, other ways to spend that money on cars.
5 supercars you can buy for the price of a Toyota Corolla in Singapore
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