There's been a few comments and queries on the various threads about LCT and while most people who have negotiated a deal know how it works, just thought I'd add this info from the ATO site as it relates to individuals (the selling refers to the dealer who charges you):
Working out the LCT on a sale
To work out the Luxury Car Tax (LCT) amount you must pay if you sell a car, use the following formula:
(
LCT value -
LCT threshold) x
10/11 x
33%
The LCT value is the retail price of the car, including:
- GST and any customs duty
- dealer delivery charges
- standard and statutory warranties
- additional items, such as accessories, modifications and treatments to the car before delivery or under an arrangement with the supplier or an associate of the supplier. These inclusions may be made at or before the time of delivery (unless made solely for the purpose of adapting it for driving by, or transporting, a person with a disability)
- fleet rebates, run-out model support incentive payments and any other motor vehicle incentive payments that are third-party consideration.
The LCT value
does not include:
- LCT included in the sale
- other Australian taxes, fees or charges such as stamp duty, transfer fees and registration
- compulsory third-party insurance (CTPI)
- extended warranties
- costs associated with financing the purchase of the car
- service plans.
So trade ins etc are not part of the consideration (as it is the vehicle's full price not the changeover figure). Accessories fitted after delivery would not be so unless you are doing a lease, it is feasible to defer things like tow bars, tint, mats, etc till after handover to reduce the LCT amount.
ossible build dates but was speculating June/July build. Up until this point the collective info on this forum is way more accurate than what he has said
