Understanding Driveaway Prices in Australia: A State-by-State Breakdown

If you’ve purchased a new car in Australia, you have probably heard the term ‘driveaway price.’ But what exactly does this mean, and how does it differ state-to-state? In this detailed guide, we’ll disassemble the structure of driveaway prices for every state and territory, so you know precisely what you’re paying for when you take your new car for a spin.

What is a Driveaway Price?

A driveaway price is the all-inclusive cost of purchasing a new vehicle, covering not just the base price of the car, but also a variety of fees, taxes, and charges that are required to legally drive your vehicle on the road.

Federal Components of Driveaway Prices

Before we dive into state-specific components, it’s important to note that some elements of the driveaway price are consistent across Australia:

• Luxury Car Tax (LCT): This federal tax applies to vehicles above a certain price threshold, regardless of the state or territory of purchase.

Understand more about Luxury Car Tax and how it affects your purchase

State-by-State Breakdown: What Does Driveaway Price Include?

Victoria (VIC)

In Victoria, your driveaway price will include:

• Compulsory Third-Party Insurance (CTP), also known as Transport Accident Charge (TAC)
• Registration Fee
• Plate Fee
• Luxury Car Tax (if applicable)

Discover more about car registration in Victoria

Western Australia (WA)

Western Australian driveaway prices encompass:

• Administration Fee
• Registration Fee
• Plate Fee
• Motor Injury Insurance (CTP)
• Stamp Duty
• Luxury Car Tax (if applicable)

Explore the car buying process in Western Australia

Tasmania (TAS)

In Tasmania, expect your driveaway price to cover:

• Registration Fee
• Fire Levy
• Road Safety Levy
• Insurance/MAIB Premium
• Plate Fee
• Motor Tax
• Luxury Car Tax (if applicable)

Learn about Tasmanian-specific car regulations

Queensland (QLD)

Queensland’s driveaway prices include:

• Registration Fee
• Traffic Improvement Fee
• Compulsory Third Party (CTP) Insurance
• Stamp Duty
• Plate Fee
• Luxury Car Tax (if applicable)

Understand Queensland’s driveaway price components

Northern Territory (NT)

In the Northern Territory, your driveaway price will cover:

• Registration Fee
• Plate Fee
• Admin Fee
• Stamp Duty
• Luxury Car Tax (if applicable)

Explore the car registration process in the Northern Territory

New South Wales (NSW)

New South Wales driveaway prices include:

• Registration Fee
• Vehicle Tax
• Plate Fee
• Inspection Fees
• Stamp Duty
• Compulsory Third Party (CTP) Insurance
• Luxury Car Tax (if applicable)

Explore NSW’s registration fees and charges

Australian Capital Territory (ACT)

In the ACT, your driveaway price will encompass:

• Registration Fee
• Government Fee Component
• Compulsory Third Party (CTP) Insurance
• Stamp Duty
• Luxury Car Tax (if applicable)

Learn what to expect when registering a vehicle in the ACT

Conclusion

Understanding the components of a driveaway price is crucial when budgeting for your new vehicle purchase in Australia. While some elements, like the Luxury Car Tax, are consistent across the country, many fees and charges vary from state to state.

By familiarizing yourself with these components, you’ll be better equipped to compare offers from different dealerships and ensure you’re getting the best value for your money. Remember, a transparent driveaway price should include all these elements, leaving you with no surprises when you’re ready to hit the road in your new car.

Remember, while this guide provides a general overview, specific fees and charges may change over time. Always check with your local transport authority for the most up-to-date information when planning your vehicle purchase.