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The Mazda 2 is an excellent family car that is very reasonably priced for the features and the driving experience that it offers. However Mike Williams Chargers Jersey , like any car, it will be subject to certain additional fees before you can drive your new or used car off the lot. One fee that every car generates is stamp duty and if you鈥檝e never purchased a car or it鈥檚 been a while since you upgraded this can be hard to understand. In this article, we will take a closer look at what stamp duty is and how much it will cost.

A Brief Primer on Stamp Duty


Whenever you buy a car, it will be necessary to pay stamp duty before you can drive it away. Stamp duty is a tax that is levied by your state government as an official document. Usually, this is paid whenever a new motor vehicle is purchased, and a good way to look at it is that it鈥檚 a one off tax that is paid when ownership is transferred. This is equally applicable when you are buying a new or used car from a dealer or from a private seller Derwin James Chargers Jersey , The rate of stamp duty can differ a great deal depending upon which Australian state or territory the transaction takes place in. In this particular article, we will focus on the sales in Western Australia, and the stamp duty costs there only.


Western Australia Stamp Duty Charges


In Western Australia, the stamp duty paid is based upon the dutiable value of the vehicle being purchased. This could be either the manufacturer list price for a new vehicle or the reasonable market value for a used car. Below we will look at an example to illustrate it in an easy to understand way with real dollar values.


The three ranges or bands of prices and the corresponding stamp duty payments are as follows:


1. Up to $25,000


On a new car, the stamp duty would be 2.75% of the listed price
On a second hand car Joey Bosa Chargers Jersey , the stamp duty would also be 2.75% of the reasonable market value.


2. $25,001 - $50,000


This stamp duty is a little more complex, and the percentage of the stamp duty is based on the equation of 2.75 + (dutiable value -25000 6666.66). For example: on a new vehicle with a value of $30,000, the rate of stamp duty would be 2.75 - (30000-250006666.66) Melvin Gordon III Chargers Jersey , which works out at 3.5% or $1,050.


3. Over $50,000


On a new car, the stamp duty would be 6.5% of the listed price
On a second hand car, the stamp duty would also be 6.5% of the reasonable market value.


If you鈥檙e looking for a Mazda 2 sedan for sale, get in touch with us here at Melville Mazda. We have a large selection of new Philip Rivers Chargers Jersey , demo and pre-owned cars available including all the latest Mazda 2 models. We would like you to book a no obligation test drive with us online, and you can try out the Mazda driving experience for yourself. If you need car financing, you will find that our rates are competitive and the repayments will be structured to suit your lifestyle. Our sales team is standing by to guide you through our latest hot deals, and they will be happy to answer any additional questions that you may have.

More About the Author

Greag Dean is owner of Melville Mazda, leading Mazda Cars Dealer in Perth, his team at Melville Mazda are on top of everything you need to know when it comes to buying a new or pre-loved Mazda.

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