I often hear that used cars in Hong Kong are cheap but having just arrived from the UK I find that this is just not the case and dont really understand where this legend comes from. Here are some examples that I have picked out (you could argue to prove a point but I have not found anything cheaper than in the UK even right at the bottom end of the market)
2001 BMW X5 3.0 HK250k UK (in HK$)200k
2002 mini cooper HK95k UK (in HK$)70k
1995 Toyota Previa HK19.5k UK (in HK$)16k
2002 BMW 520 HK150k UK (in HK$)85k
1998 Honda CRV HK40k UK (in HK$)36k
I am hoping that I am just looking in the wrong place and that these prices are inflated- anyone got any views
JC