I split costs into up front set-up costs and on-going on the road costs.
Up front set-up costs
The difference in vehicle purchase price and resale.
Stamp Duty 2-3% of the car’s purchase price
Insurance allow say $300 pa and bring evidence of your claim history.
Registration varies between states but can be up to A$700 for a 4WD – you should take this into account when negotiating the purchase price. This includes 3rd party injury but not 3rd property. Continue reading