Stamp Duty Formula:
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Motor vehicle stamp duty is a state government tax payable when you register a vehicle in your name in Australia. The amount varies by state/territory and is calculated as a percentage of the vehicle's value or purchase price.
The calculator uses the stamp duty formula:
Where:
Note: Some states have tiered rates based on vehicle value or type (e.g., passenger vs commercial).
Details: Calculating stamp duty helps buyers budget for the total cost of vehicle ownership, as it's a significant upfront cost in addition to the purchase price.
Tips: Enter the vehicle price in AUD and select your state/territory. You can override the default duty rate if you know the exact rate for your situation.
Q1: Are there exemptions or concessions?
A: Some states offer concessions for pensioners, primary producers, or electric vehicles. Check with your local transport authority.
Q2: How is vehicle value determined?
A: Most states use the higher of the purchase price or market value. Some use Redbook or Glass's Guide valuations.
Q3: When is stamp duty payable?
A: Stamp duty is payable when registering the vehicle in your name, typically at the time of purchase.
Q4: Are there different rates for new vs used vehicles?
A: Some states have different rates or calculation methods for new and used vehicles.
Q5: Can I finance stamp duty?
A: Some lenders may allow stamp duty to be included in the vehicle finance amount, but this varies by lender.