stamp duty on cars in victoria

Ah, stamp duty in Victoria—the sneaky little tax that slaps a premium on your shiny new or used car purchase. The rate varies depending on your vehicle's dutiable value, which is essentially the price or market value, whichever is higher. For passenger cars, the rates are:

• 1.4% on the first $68,740
• 2.4% on the amount above $68,740

Commercial vehicles have different rates, so don’t go mixing apples with oranges. Remember, this duty stacks on top of your car's purchase price, so budget accordingly. For the exact figures and recent updates, you might want to check official Victorian government resources or ServiceCentral.