private buying extra costs

[ecl]

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

[IneedaR33]

Correct me if I'am wrong but I think it is generally 10% of the selling price. There is a cost for transfering the rego, around the two to three hundred dollar mark

[DAN00H]

stamp duty - 3% of purchase price, may need a blue slip, NRMA ~$130 (but pretty useless!!!), better off taking it to a garage that knows skylines...

Don't forget insurance...

[ferni]

Depends on the state...

in victoria, buying a second hand car for 30k you would pay 4% of what you 'paid' for the car.. plus a transfer fee of about 25 dollars i think

[jake32]

Depends on the state...

in victoria, buying a second hand car for 30k you would pay 4% of what you 'paid' for the car.. plus a transfer fee of about 25 dollars i think

queensland is 2%

[predator]

buyer always pays stamp duty.. ontop of the agreed price. unless you come to some other agreement - really that would just be $xxxx off the asking price.

[timbar32]

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.

[xRHETTx]

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.