Buying a car in Australia is the same as in other countries. A person pays tax on a new car like in other countries. But in Australia, there are many companies that are responsible for the ultimate inspection of that car which you want to buy. The companies will provide this service for their customers if they are willing to get these services. There are different places where you want to buy a car. Either you want to buy a new car or a used car.
If you are dealing with a licensed dealer then it will an advantage for you that you will be a guaranteed owner of that car. It will give you compensation in dealers fund if you are buying a car from an authorized dealer. Different types of vehicles have different types of warranties in Australia so it depends on the type of vehicle.
At the same place, if you are dealing with an auction for buying a car from an individual or from a company then you should check the property securities register. This will help you to get an idea that if there is any amount remaining on this vehicle. There are some companies that are working in Australia which will help you to find if any amount is remaining on this vehicle.
Read Also: https://www.melbournecarwrecker.com.au/how-to-buy-a-new-car-in-australia/
There are different types of taxes that you need to pay while buying a new car in Australia. The one is “The Registration Transfer Fee”, “Motor Vehicle Tax”, and “Stamp Duty”. The first one is currently $32 if paid within 14 days of buying a new car while the second one is typically defined payments. The third one needs to pay annually on all types of vehicles. While you are buying a new car then make sure that Motor Vehicle Tax is not due on the car but if it is due then you need to renew it. It costs $236 for a medium car while $289 for a large car. The fourth and the last type is Compulsory Third Party Insurance which is also known as green slip. It is necessary and covers all the damage and injuries that cause due to an accident. It cost $410 per annum.
Wherever in the world, you want to buy a new car, tax-paying is the first main thing that you need to follow. In some countries, it is not that necessary but countries like Australia, you can’t get rid of this tax-paying process. The other thing you need to follow while buying a new car is getting services from those companies that are responsible for the car inspection. Here are some steps that you need to follow while buying a new car in Australia.
Make sure the time of the year is accurate for buying a car like June is the best time with all the end-of financial- year offers. First of all do your homework for a car that you want to buy. Visit different car dealer’s websites and manufacturers’ websites. Get all the information about the make and model that you wish to buy. Similarly, keep safety in the mind because not all the car models are safe for long journeys and some are not safe for other things. So, make sure you are keeping all the safety features in mind and follow them according to the car make and model.
Keep in mind the consumption of the fuel that how much fuel that car consumes while driving. It can be noted from the yellow label on the windscreen of the car. Fuel consumption is also dependent on your driving style. The other thing that is dependent on the car’s fuel consumption is the condition of the car. Traffic conditions also affect the fuel consumption of a car.
Make sure the car you want to buy has a resale value so that you can get handsome value for your used car when you need to sell it. While buying a car in Australia is not that difficult but you should keep some main points in mind for getting a good car in all aspects. Follow all the steps so that you can get a good vehicle for your use.