20 Years of Exotic Imports

Australian Car Import Regulations

Australian Car Import Regulations

Australia has strict import regulations governing the importation of motor vehicles, these laws are basically set up to protect Australian car manufactures. The restrictions basically state that no-one can import a car from overseas if that car is already manufactured here in Australia, (for example Honda bring the Honda Prelude to Australia, so this means no individual person or company can import a Prelude.) The only way to bring one of these restricted vehicles into Australia is to have personally owned the vehicle overseas for not less than twelve months, this is known as a personal import and is open to anyone for one car per year. You must have proof of ownership of the vehicle and a passport showing the overseas stay of not less than twelve months. As you can see this is not possible for most people. There is a lot of red tape involved when importing vehicles, therefore it is always advisable to let someone with the expertise handle the paperwork. For this reason it is very beneficial for an individual to let CARizma handle the work for them.

 

Taxation and Import Duties

Taxation on imported vehicles comes in two forms. Firstly, Import Duty of 5%, Secondly 10% GST. This is based on the customs evaluation of reasonablemarket value, (so a car purchased for A$10000.00 would attract $500.00 in Duty with 10% GST being imposed on the final C&F Price). This means that if a car worth $10000.00 is purchased for $5000.00 you still pay the same duty and GST as if it was purchased for $10000.00. There are also around $1000 worth of other fixed customs duties you have to pay when a car has landed at a port.

 

Compliance Plates

To register a vehicle in Australia it must have a compliance plate attached. Compliance Plates vary in shape and style from manufacturer to manufacturer all can be recognised because they bear the words “This vehicle was manufactured to comply with the Motor Vehicle Standards Act 1989”. On passenger cars the Compliance Plate is usually on the firewall. A compliance Plate can only be fitted to an imported vehicle by a registered Compliance Plate Approval holder.