New Super Luxury Taxes from 1st July 2019
AVOID NEW
SUPER-LUXURY VEHICLE TAXES
From July 1st 2019
the Victorian State Government is introducing two new super-luxury duty thresholds that will substantially increase the tax on vehicles priced over $100,000!
Purchase your next Luxury Mercedes-Benz from Peter Lennox Automotive by 30 of June 2019 and save thousands on luxury car taxes!
VACC has detailed these new taxes as below:
“Motor vehicle duty – luxury vehicles
- From 1 July 2019, motor vehicle duty for used cars valued above the luxury threshold will be charged at $10.40 per $200 of market value.
- From 1 July 2019, two new super-luxury thresholds will be introduced. One is for cars valued between $100,001 and $150,000 that will be charged duty of $14.00 per $200 of market value. The second is for cars valued above $150,001 that will be charged duty of $18.00 per $200 of market value. These new taxes will be on top of the already existing Luxury Car Tax rate for vehicles above $66,331.”
