What the Chinese Do with American Dollars

HONG KONG, Dec 31, 2009 (AFP) – Hong Kong’s roads read like pages ripped from a luxury car magazine.

Hundreds of ultra-flash motors from Ferraris, Lamborghinis and Porsches to Aston Martins, Rolls-Royces and Bentleys, inch through traffic on the city's clogged and smoggy roads.

Even taxes of 120 percent don’t deter Hong Kong’s uber-rich from splashing out on the latest super-expensive boy’s toys — with dealers seeking to import as many supercars as they can get their hands on.

In the lead-up to Christmas, Marchy Lee’s CarPro showroom contained a Lamborghini Murcielago LP650-4. There were only 50 ever made and this was the last one on sale in Asia. Price on the road? A bank account-buckling 800,000 dollars.

Or, there’s always the cheaper option, a stunning black and gold Ferrari 430 Scuderia — a snip, at 520,000 dollars.

via Hong Kong’s roads clogged with supercars.

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