Right. Now add the 180% taxation: $98,000. Not THAT far off the 110k you're replying to.
Still, doesn't this also apply to the cheaper cars? You're getting a Pugeot 208 for not $20k but $56k. While the difference between sticker price and post-tax price is smaller in proportion with the cost of the cars - $63k vs $36k - that's still $56k... for a Pugeot.