July 25th marks the launch of the first BMW M dedicated dealership worldwide. The first M dedicated showroom and workshop opened in Singapore, and to our knowledge, this is the first of its kind in the entire world.
We are still working on the back story of this exclusive M dealership, but for now, we will just have to enjoy the multiple photos courtesy of M5board.
One thing that surprises us is the location of this showroom, Singapore being known as one of the countries with the highest automobile taxes. A brand new BMW M3 has price tag above $300,000.
Here is a formula on how the fees are calculated:
Registration fee + Cost Price + Road Tax + COE + additional registration fee (140% of OMV) and customs duty (31% of OMV).
[Source: M5board]
