May 2018 May 2018 | Page 10

c k y W o rL D Wa oF s f G L C R The a You may have thought, at some point, that your golf car is expensive. Whether you were purchasing a new or used golf car, a pack of batteries, or just a few accessories, the price of a golf car and its upkeep can get pricey. After reading this, you will be com- fortable with your golf car spend. Originally reported in Bloomberg earlier this month, golf cars are an expensive delicacy afforded only by the mega rich in a small corner of Hong Kong. Would you believe that golf car prices are topping those of a Tesla or Porsche? In a small residential community called Dis- covery Bay, outside of Hong Kong, golf cars are the transportation of choice. Like many golf car communities in the US, like Boca Grande and Sun City, private passenger cars are not permitted. The quaint two lane roads are heavily populated with bicycles, pedestrians, and golf cars. Private residenc- es in Discovery Bay typically sell between $8M and $80M. And here is why golf cars are so expensive- Discovery Bay has a population of 20,000, 10 WWW.GOLFCAROPTIONS.COM Your Golf Car Is Worth More Than You Think By Julie Wilson, Owner WHEELZ Custom Carts & Accessories according to the 2016 census. The Transportation Department has capped golf car licenses at 500. In order to own and drive a golf car within Discovery Bay, you must have a golf car license. The short supply has skyrocketed the prices for golf cars and their accompanying licenses within the community. Since standard vehicles are not permitted, walking and biking are the only ways to get around if you aren’t one of the lucky few with a golf car license. Recently, licensed golf cars have been selling for $255,000USD within Discovery Bay. The upscale neighborhood is home to airline pilots, bankers, lawyers, and high profile investors. The ability to