Jump to content
SAU Community

private buying extra costs

ecl

By ecl,
in General Automotive Discussion

 Share

Recommended Posts

ecl Mentor

ecl

Posted
Posted

Hi everyone,

Did a search and didnt find what i was looking for so here goes.

Say the private seller agreed on a price of $30K. When i buy the car, do I have to pay stamp duty? If so, how many % of the selling price is it? And also are there any other costs except ctp, rego etc? btw, i'm in NSW.

also, does anyone know how much 'roughly' it is to get a car checked by NRMA etc?

does it take long?

cheers

Link to comment
https://www.sau.com.au/forums/topic/42715-private-buying-extra-costs/
Share on other sites
xRHETTx Mentor

xRHETTx

Posted
Posted
just get the seller to write you an invoice of an amount much less than the real purchase price of the car. This will save you a fair bit in stamp duty.

Make sure its still a reasonable amount though, or else they'll catch you and make you pay more anyway.

When i bought my R32 i put the correct price and they still questioned it. It turns out they only have aussie delivered R32 GTRs in their "book." So once they realised it was only a GTSt, it was fine.

Another thing that you might want to think about is that you may have to provide proof of purchase price to get agreed-value car insurance. I had to to insure mine through just cars. Otherwise you might be stuck with market value which sucks, as it decreases pretty quickly for imported cars.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing


  • Similar Content

  • Latest Posts

    • GTSBoy
      NC MX5

      By GTSBoy · Posted

      You know, that is exactly the thing that I was thinking a coupe of hours ago. I even had a plan for a meme, involving one big one, another big one, and the Old El Paso girl saying "¿por que no los dos?"
    • Milkmun
      NC MX5

      By Milkmun · Posted

      NoS, 2 of the big ones.
    • GTSBoy
      Lets play a game - What is causing my oil consumption?

      By GTSBoy · Posted

      Oh, that's grim. Something bad has been happening there.
    • tsuokun
      Lets play a game - What is causing my oil consumption?

      By tsuokun · Posted

      Put an endoscope down the hole and saw this. Not quite all around the bore but a good 60% at least. Chin to the chest and towards further disappointments I guess.
    • The Bogan
      NC MX5

      By The Bogan · Posted

      2 does "sort of" applies, maybe......but looking at what parts would be needed for the swap to get engineered, registered, and insured, and basically that's everything under the car, the modifications the make it legal would be problematic and horrendously expensive, all for a street car that just cruises around and hits a few twisty roads on the weekends Also, from looking at the NSW rules and Regs, with all modifications that is required just to make the car safe and not twist itself to pieces, and then actually get registered for street use, may still be impossible nowadays As for 1, when you add in a fresh engine, fresh transmission, rear cradle and diff, tailshaft, suspension, brakes, cooling, and all the other fabrication required, your probably looking at up to $100k to do it right, all for a 20 year old MX5 that is over engineered and you would never be able to actually use the power it has on the street, much like your beastie, which I love, but you actually track that thing and can use all of its powers in anger, in a safe environment  Hell, the old Bogan Cruise Ship had more power than I could use on the street, and in hindsight, I went a bit silly on that thing, it didn't really need the 500hp it had for what I actually used the car for, it was fun, but basically unusable on the street if you value your licence  As for cams, yeah, I'll probably book it in for them to get installed and tuned soonish, like next month after MX5 Mania are back at work....... and yes, I've already sent a email to bin the turbo quote and quote instead to install cams and a new Fluidampr balancer that will suit the 2.5 better than the OEM 2.0 balancer that is swapped over for the 2.5 install, as the balancer needs to get pulled to time the cams it's a while your in there sort of thing I did think a bit about flex fuel for a laugh, but being na, and no where really around locally anymore to get E85, I've binned that idea, so no sweet sweet corn smells are set for the car I wish E85 was more of a standard fuel, it's better for the environment, better for tuning, plus that sweet sweet smell we all love As for fitting in the family, that's not needed, as everyone in the family already owns a car that can seat 5 humans comfortably enough, the MX5 is "my toy" As for buying a car that is already built, nah, I would rather pick and choose my parts, I enjoy the process, and in the big picture, the additional cost is well worth the enjoyment, and the occasional frustration, I get out of doing it, albeit with other people spinning the spanners, and me, just paying the invoice 🤣
×
×
  • Create New...