Wah.... reading this thread makes me feel like I am back in college..

Bro mystvearn...your post damn keng la! this one worth reading many times

back to topic, looks like Gomen already making "plans" to reduce car prices.. there's some announcements made, like this one here : Car price drop to take time.

What I dont like about reading that is that Gomene "will take some time to implement a plan" to reduce car price. I have a feeling that it will not be that big of a reducetion by 2017.

Just a long shot, but isn't the excise duty based on the car price? If the car

let's say a 50K car attracts 100% excise duty making it 100k. Now if the car price is reduced by 30%, making it 35k and adding a 100% excise duty makes it 70k.

Doesn't that mean that there is still a reduction?

Sorry...not good with maths but sifus, pls correct me if I am wrong.. Thanks.