4 Used Cars In Singapore With Million Dollar Price Tags

With COEs showing no signs of dipping (although its impact will not be amplified when subjects in question are valued at a cool seven digits, forming only a fraction of the total cost), and with the introduction of an extra tier of 220% additional registration fee (ARF) for vehicles, prices of top-tier luxury and exotic cars will continue to skyrocket beyond our wildest imagination.

We dug through our archives and recognised that one decade ago, a brand new Ferrari California could be had for S$758,000 (before COE). While that was still a big amount to swallow by 2012 standards, it goes to show that there is strong demand within the higher ranks of luxury goods customers, where price sensitivity takes a back seat. A quick scan of Ferraris today revealed that the California’s successor, Portofino, priced at S$898,000 without COE, will easily breach the million dollar mark if you’re trigger happy with the options list.

Even if you have the means to fund a million dollar new car purchase, there’s still a chance of being placed on a waiting list given the current state of world affairs, prompted by supply chain disruptions and microchip shortages. This shortlist of pre-owned cars valued at one million dollars or more can be bought by the top one percent with immediate effect. For the rest of us mortals aspiring to settle down in an alternate universe, ownership of high value exotics might still be a far-fetched dream especially when placed in the local context. But may we suggest toggling with filters on Carousell’s used car section - it can be a good alternative to building your dream ride on car configurators!

Lamborghini Huracan STO

We were tempted to place the STO high up in our rankings of best sounding cars to buy before the electric revolution. With a 5.2-litre V10 soundtrack powering only the rear wheels, it lights up the tarmac with such ferocity that most of the time will be spent taming 631bhp fashioned in a body that weighs less than 1,400kg. If you happen to pilot it on a track, it will tempt you to equal the manufacturer’s 0 - 100km/h claim of a flat 3 seconds. Everything but roof and door skin is made of carbonfibre panels, and it has a single piece for the front bumper, bonnet and wings, which accumulate to make it 43kg lighter than the Performante variant. There's not much room for secrecy too, with aesthetics so aggressive and a fancy colour scheme on this 1 owner, 1,188km example listed at S$1,858,800.

Mercedes-Maybach 62 S

The Maybach 62 (along with the 57) were the first two models for Mercedes-Maybach since the brand’s revival by Daimler AG. To the untrained eye it might look like a regular Mercedes-Benz S Class as it was indeed based on the W140 S-class sedan platform, but designers made sure that its luxe-factor is being dialled up a few notches to rival the best superluxury limos in the business. It will be unrealistic to tag Maybachs under a particular price bracket as they are highly dependent on specifications, but with pockets deep enough it will be no surprise to observe prices arriving at more than twice its “base” value. This Mercedes-Maybach 62 S is listed at S$1,290,000 and can be purchased with or without a COE. The ad claims that there are only three units in Singapore. With a mileage of 26,200km for a 10 year-old lux-limo, will this be something the well-heeled can lean towards for business runs and red carpet events?

Porsche 911 Turbo S

Yes, we are not looking at rare Porsches like a 1970 917K or Porsche 956 that sold for millions overseas. Only on home soil will we expect a 911 Turbo S to be sold for more than a million dollars, even if this unit only has a couple of months shaved from the full 10-year COE lifespan. Editor James had a go in the 992-gen Turbo S in Germany and Austria, and despite tricky weather conditions, it was “unfazed despite circumstances, yet still involving, thrilling and mega fun”. Coincidentally this 1-owner example listed at S$1,188,000 is dressed in the same shade of yellow as our review unit. Is this your colour spec of choice? If you have the means to secure one, it can be driven home with immediate effect, rather than playing the waiting game at the dealership.

Honda Civic 1.6 VTi (M)

With prices of some JDM machines valued at previously unimaginable figures, it might come as little surprise that values of older, arguably rarer Japanese cars naturally rise across the board. Never mind the lack of Type R association - it’s the least of our worries. This is a wild, wild attempt to list a 1991 Honda Civic at S$1,111,111. Rather than diving into the specs, we’d rather plunge into the deep depths of what else this amount can get you - a rainbow Rolex Daytona, or a freehold 1 bedroom unit at Tanjong Pagar? The choice is yours!

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