The cost of importing a car is not only what you pay to the seller/exporter, there are many other costs you should know before importing. Depending on which method you use to import, costs can vary. Below is the cost for the most common method of import, the Registered Automotive Workshop Scheme.
Import Costs (in Australian Dollars)
Import Approval Application - 50 AUD
Examination + Steam Clean - 165 AUD
Duty - 10% (for passenger vehicles) x Customs Value (FOB price - not including Freight or Insurance)
GST (Goods and Services Tax) - 10% x VoTI (Customs Value + Duty + Freight and Insurance)
LCT (Luxury Car Tax) - for vehicles valued (GST inclusive) over $57,000 AUD.
RAW Compliance - Depends on Car
2.75% Stamp Duty for licensing vehicle (for light vehicles up to $20,000 value)
Customs:
Once you have Import Approval and the vehicle arrives, you will need to pay Customs and have a Quarantine Inspection. You must pay Customs:
- Duty
- GST (Goods and Services Tax)
- LCT (Luxury Car Tax) if applicable
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