car stamp duty qld Page 2

Ah, stamp duty in Queensland, the state's way of reminding you that buying a car isn't as simple as just handing over cash. In QLD, stamp duty is calculated based on your vehicle's dutiable value (usually the purchase price or market value, whichever is higher). The rates are tiered:

• 3% for vehicles valued up to $100,000
• 4% for the portion between $100,001 and $150,000
• 5% for the portion above $150,000

So, if you're splurging on a flash ride, expect a heftier stamp duty bill. New or used, this tax applies, so it’s wise to factor it into your budget. For the nitty-gritty, the Queensland Government's website or ServiceCentral can be your best mate.