SINGAPORE, Oct 21 (Reuters): Almost everywhere in the world a new car begins to lose value as soon as it leaves the showroom, except sometimes in the rich little island state of Singapore and this is one of those times.
For Shi Zheng, a 27-year-old student, the chance was too good to pass up. In August, he sold the Porsche Panamera sportscar he had bought brand new less than a year earlier and made a 10% profit.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
