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Drive-away deals 2019-20
Published on 28 June 2019
The Commissioner of State Revenue Victoria has published his annual guidelines to help licensed motor car traders calculate the dutiable value of cars they sell on a drive-away deal basis on or after 1 July 2019.
They take into account the 2019-20 Victorian Transport Accident Commission charges and 2019-20 fees under the Road Safety Act 1986 that affect licensed motor car traders selling vehicles on a drive-away deal basis. They also take into account the new motor vehicle duty rates announced in the 2019-20 Victorian Budget.
The rate of motor vehicle duty applied to a new or used passenger car, other than a green passenger or primary producer passenger car, depends on its dutiable value and the Commonwealth luxury car tax threshold, which is $67,525 for the 2019-20 financial year.
Read the guidelines.