This is my 10yr old mitsubishi car in Australia. I bought it for aud$2.5k(yes, it is only $2,500) in 2004 as a student. I sold it for aud$1k($1,000) to a used-car dealer after I graduate. In comparison to Singapore car prices? *GULP* Not an apple to apple comparison... but still it is crazy prices.

Anyway, I am in the market to replace an old car and went to see Audi A4 and Jaguar XF at the showrooms today. Well, I can only say the price has come down but is still higher than when i bought my mercs in 2009. Probably a good $40k higher(as compared to the prices of Audi and XF then).

An interesting thing about everyone's lapping it up. Why? Well, I went to the Audi showroom and there is no fewer than 3 CHINA couple looking at it. I think I was the only singaporean ...