stamp duty on cars vic

In Victoria, stamp duty on cars is a tax based on the dutiable value of the vehicle. For passenger vehicles, the rate is generally 4.2% on the first $69,152 of the vehicle's value and 5.2% on the amount above that. For luxury cars over $69,152, the higher rate kicks in, so it’s a lovely surprise for your wallet. This applies whether you're buying new or used, so budget accordingly. Remember, this duty is payable on top of the purchase price and registration fees, so your dream car might cost more than you think. For the nitty-gritty details, the State Revenue Office Victoria has the official rates and calculators. You might also check Tradingpost or CarShowroom for typical car prices to estimate your stamp duty.