Thread: Car Tax
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      02-10-2013, 04:28 AM   #4
dcg71
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Drives: F15 X5
Join Date: Jul 2009
Location: Brisbane, Australia

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The main one's in Australia are:
- GST ("Goods and Services Tax" - consumption tax similar to VAT at 10%)
- LCT ("Luxury Car Tax" - 33% for each dollar over ~$57K")
- Import duty
- State Government stamp duty - varies from state to state and levied on the final price.

Plus OTR costs.

Examples from drive.com.au:

BMW 530i
Recommended retail price: $113,500 ($117,064 USD)
GST: $9369
LCT: $10,440
*Import duty (est): $7495
Total taxes: $27,304
Price without tax: $86,196
Tax as % of RRP: 24%
*Stamp duty: $4775


Porsche 911 Turbo
Recommended retail price: $334,400 ($345,003 USD)
GST: $25,732
LCT: $51,348
*Import duty (est): $20,585
Total taxes: $97,665
Price without tax: $236,735
Tax as % of RRP: 29%
*Stamp duty: $15,820


Yes we have a local car industry.
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Last edited by dcg71; 02-10-2013 at 04:43 AM..
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