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car cost limit 2021-22

Ah, the elusive "car cost limit" for 2021-22 – if only there was a universal cap on how much one should shell out! In Australia, no official blanket limit exists, but for tax purposes, the luxury car tax threshold was AUD 69,152 for fuel-efficient vehicles and AUD 79,659 for others in that financial year. New cars can range anywhere from a modest AUD 15,000 hatchback up to six-figure beasts. Used cars, meanwhile, offer a buffet of bargains and headaches, often between AUD 5,000 and AUD 40,000. If you're hunting for a deal, keep an eye on Tradingpost and CarShowroom to gauge market prices. Remember, the "limit" is usually what your wallet tolerates, not the government's decree.

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