Costs of running a car
Before you buy a car, work out how much it costs to keep it on the road. It might be more than you think.
Your car has to be registered before you can drive it, and you have to pay rego every year. How much you pay depends on where you live.
You have to pay stamp duty when you buy a new or used car. Each state and territory calculates stamp duty differently, so what you pay depends on where you live.
You need basic insurance, called compulsory third party (CTP) insurance, to keep your car on the road. This is the minimum insurance you can have. You can also choose to get more third party or comprehensive insurance.
The cost will depend on your age, driving record and where you live. Find out how to choose the right car insurance for you.
Repairs and maintenance
A trip to the mechanic is a major hidden cost of having a car. Whether for regular servicing or new tyres, prepare to pay hundreds of dollars every year.