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TIPS FOR SELLING A CAR

Selling Privately

You will usually get more for your vehicle by selling it privately, but you will also have to do a lot more work for your money.

To get the best possible price and meet statutory transfer requirements, you will need to: Advertise your vehicle, either online or place an advertisement in the automotive classified section of a newspaper or in a specialist classified newspaper. Fees apply to all advertisements, whether you pay in advance, or pay on sale.

You could display your vehicle on a street corner with a "For Sale" sign on the windscreen, but most local councils are now cracking down on this practice and fining the owners of vehicles parked on nature strips and reserves. Your vehicle is also a prime target to be stolen

Prepare your vehicle for sale. This not only means giving it a thorough clean, but also making sure it meets all the relevant safety requirements for sale in your State or Territory.
Most registering authorities are getting tougher on used vehicles and you will be lucky to get a roadworthiness, MOT, or similar certificate without paying out several hundred dollars to have things fixed. Stone-damaged windscreens and cracked light lenses are costly items to replace, as are oil leaks and worn suspension components.

Depending on the vehicle, you might get a better price, but it might also cost you more to get it. Here is a brief summary of what you must do to sell your vehicle privately in each State and Territory:

Victoria
New South Wales
Australian Capital Territory
Queensland
South Australia
Western Australia
Tasmania
Northern Territory


VICTORIA
Website: www.vicroads.vic.gov.au

Transfer of registration (private). The owner (seller) of the vehicle must supply to the buyer: a current certificate of roadworthiness (ie. no more than 30 days old). An application for transfer form signed in the appropriate place by the disposer.

The buyer of the vehicle is then required to complete the transfer form and lodge it with VicRoads within 14 days of the acquisition, together with the necessary fees that will include:
a transfer fee of $25.00 (for a secondhand motor vehicle) stamp duty of $8.00 per $200 of the market value or part thereof. (So if you sell your car for $7800.00, you will have to pay $312.00 in stamp duty, but if you sell it for $7900.00, the stamp duty will be $320.00, as it will be rounded up to the next $200 in value)

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NEW SOUTH WALES
Website: www.rta.nsw.gov.au

Transfer of registration (private). The seller must supply to the buyer: the current certificate of registration, signed in the appropriate place as "the disposer" a copy of the vehicle¹s current Safety Inspection Report (pink slip*), if appropriate. a copy of the current green slip, which proves the vehicle is covered by compulsory third party injury insurance.

In NSW, all vehicles more than three years old must pass an inspection every year at an Authorised Inspection Station, which will issue a pink slip. The buyer must complete a transfer of ownership form and present it at an RTA Motor Registry office within 14 days of buying the vehicle. The buyer will be required to pay: a transfer fee of at least $21 stamp duty of at least 3 per cent of the sale price or market value of the car (whichever is the higher) For certain vehicles exceeding $45,000 in value, a 2 per cent surcharge will apply for any amount over that $45,000.

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AUSTRALIAN CAPITAL TERRITORY
Website: www.rego.act.gov.au

Transfer of registration (private). The seller should provide: the current registration certificate signed by the disposer.

The buyer will be required to attend a Road User Services or an ACT Government Shopfront within 14 days of acquiring the vehicle, to complete the transfer application form and provide:
the registration certificate described above proof of identity (a current ACT photographic driver licence is acceptable) proof that the vehicle is normally kept or garaged in the ACT.

The buyer will be required to pay:
a transfer fee stamp duty at the rate of 3 per cent of the market value or sale price (whichever is greater) plus an extra 2 per cent over $45,000.

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QUEENSLAND
Website: www.transport.qld.gov.au

Transfer of registration. The seller must provide: a current certificate of registration, current safety or gas certificate (some rural and remote areas are exempt from this requirement), a transfer of application form signed as the disposer.

The buyer must complete the transfer of ownership form and present it with the remaining documents at any Customer Service Centre or Queensland Transport agent within 14 days of acquiring the vehicle. Applications can also be lodged by mail to Queensland Transport, GPO Box 2451, Brisbane 4001.

The buyer is liable for any outstanding registration fees, plus a transfer fee of $15.85 and stamp duty at the rate of 2 per cent.

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SOUTH AUSTRALIA
Website: www.transport.sa.gov.au

Transfer of registration. At the time of sale the seller must fill in the disposal notice at the top and reverse side of the certificate of registration. This is to be signed by both the buyer and the seller. The seller must keep this as proof of sale. The seller must notify the Transport SA Customer Service Centre of the sale, either by phone or in writing.

The seller must also sign and give the transfer application (on the reverse side of the certificate of registration) to the buyer. The buyer must call in, or send the form to the nearest Transport SA Service Centre within 14 days of the purchase, together with: a transfer fee of $20
stamp duty of the rate of 4 per cent

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WESTERN AUSTRALIA
Website: www.docep.wa.gov.au

Transfer of registration. The seller must provide the buyer with the pink copy of the transfer of registration form, duly signed. A copy of this form (green copy) is to be sent by the disposer to the Transport WA office within 7 days of disposal. Most vehicles transferred within WA are required to be fitted with an approved immobiliser before transfer can be effected.

The buyer must then complete the form and present it at the Transport WA office within 28 days of the purchase, together with: proof of identification (as defined on the website)
a transfer fee of $13.15 stamp duty which varies from 2.5 to 5% depending on the value of the vehicle.

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TASMANIA
Website: www.transport.tas.gov.au

Transfer of registration. The seller is required to: complete and sign the Disposal Notice
send the Disposal Notice to the Registrar of Motor Vehicles within 7 days of the sale of the vehicle keep a copy for future reference.

The buyer should:
obtain registration certificate from the seller complete and sign the Application for the Transfer of Vehicle Registration send the Application for the Transfer of Vehicle Registration together with the fees to GPO Box 1002K, Hobart 7000, or attend a Service Tasmania Shop or a participating police station within 14 days of purchase

Fees:
the transfer fee (passenger vehicle) is $16.30
the following stamp duty is payable on the sale price:
vehicles less than $600: $20 (flat fee)
vehicles $600 to $35,000: 3%
vehicles $35,000 to $40,000: 3 to 4% (phone 131 105 to assist with calculation)
vehicles over $40,000: 4%

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NORTHERN TERRITORY
Website: www.nt.gov.au

Transfer of registration. The seller must complete the back of the Registration Notice and forward the section "Notice of Disposal" to the registrar of Motor vehicles within 14 days.

The buyer will need to attend the nearest Motor Vehicle Registry Office and present: a NT driver's licence as proof of identity and residency in the NT the original certificate of registration duly signed by the seller a completed transfer of registration form (Form R3) The buyer will be required to pay:
a "small" administrative fee stamp duty at the rate of 3% of the purchase price.


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