Originally Posted by
invisible
Offtop: your understanding of 'is the law' is misleading at least. If it would be the requiring to sell the car, I would not see 1950s Rolls Royce and Ferrari Testarossa which I saw couple days ago at Fullerton Bay Hotel.
It is actually a 10 year permit to own a car. After 10 years you can renew it, for a small fortune. The car itself is largely irrelevant although the older/more expensive/less efficient it is, the more expensive it is to register and some have usage restrictions.