View Single Post
Old 01-29-2013, 09:16 PM
bmwombat bmwombat is offline
Registered User
Location: Sydney, Australia
Join Date: Sep 2012
Posts: 72
Mein Auto: 2013 F10 535d M-Sport
Originally Posted by grwilson View Post
Checked on the price of 550 when I was there last November - truly frightening at AUD175k, and the exchange rate is over 1:1

I think there is still a heavy luxury car tax
Yes the LCT is 30% I think, although it kicks in at a higher value for my car because of its good fuel economy. Then we also have GST (10%) & Stamp Duty (5%) - all up there's approx. AUD29K of federal & state taxes in my car's price. Still, it could have been much worse if I had had to pay the full retail price for what this car + options + dealer after-market addons actually cost.
Driving: 2013 F10 535d M-Sport Carbon Black
Reply With Quote