Buying a used car in NSW

[gav240z]

Hi Guys,

I am looking at a daily hack / practical car and just saw a nice Suzuki Jimny yesterday and I want to make an offer on it. The problem is when I talk about road worthies people think I'm from another planet.

 

I've been looking into the requirements when you transfer a car in NSW and I'm properly confused.

 

So my understanding is that when I buy a car for sale via private sale I'll have to.

 

a.) Pay stamp duty when transferring ownership.

b.) Registration on the car expires end of July - so I'll have to cover that, but I was told it's only around $300 - which I thought was low?*

c.) Green slip = Compulsory third party insurance - is that built into the price of registration or something different/another expense?

d.) Blue slip = Road Worthy Certificate? Do you have to obtain 1 of these when you buy a private sale car?

 

The vehicle is already registered etc.. so is there anything else or any other costs other than taking out Insurance on the vehicle?

 

* I thought this was low because I currently drive my sisters Victorian registered Suzuki Jimny and her rego was $700 odd for the year.

[PeterAllen]

...

a.) Pay stamp duty when transferring ownership. Yes

b.) Registration on the car expires end of July - so I'll have to cover that, but I was told it's only around $300 - which I thought was low?* That's about right

c.) Green slip = Compulsory third party insurance - is that built into the price of registration or something different/another expense? It's on top and can be around $700. There is a web site where you can compare quotes but there may be other insurers, e.g. Coles.

d.) Blue slip = Road Worthy Certificate? Do you have to obtain 1 of these when you buy a private sale car? you shouldn't need one as I believe this only applies to car which have run out of registration.

 

In any case phone the RMS on 132213 and ask them. All advice here may be well intentioned but also incorrect.

[dat2kman]

Isn't the seller supposed to supply a RoadWorthy Certificate, valid at date of sale?

At sellers cost.

These exprire over time

 

You could possibly " agree" on a market value, ie lesser of Red Book valuations/estimate, or even less, to reduce the impost of stamp duty.

 

BTW all the stamp duty they collect, whats it used for? Certainly not fixing up roads, your rego is supposed to help pay that,,, wait, wat!

[sydney mike]

Hi Guys,

I am looking at a daily hack / practical car and just saw a nice Suzuki Jimny yesterday and I want to make an offer on it. The problem is when I talk about road worthies people think I'm from another planet.

 

I've been looking into the requirements when you transfer a car in NSW and I'm properly confused.

 

In NSW, a private seller has no obligation to provide you with a "roadworthy"-we call this a pink slip, just to confuse the americans.

 

So my understanding is that when I buy a car for sale via private sale I'll have to.

 

a.) Pay stamp duty when transferring ownership. YES-3% of whatever you and seller agree to put on transfer paper 

b.) Registration on the car expires end of July - so I'll have to cover that, but I was told it's only around $300 - which I thought was low?*Approx, based on usage eg business or private and weight of vehicle. Plus you need to get a roadworthy in NSW is called a PINK SLIP which a vehicle over three years old must pass every year. This is around $35.

c.) Green slip = Compulsory third party insurance - is that built into the price of registration or something different/another expense?YES. This happens when rego is due, comparison for all providers here: http://prices.maa.nsw.gov.au/

d.) Blue slip = Road Worthy Certificate? Do you have to obtain 1 of these when you buy a private sale car? NO-only if car has been unregistered for an extended period of time /no plates or needs modifications certified.

 

The vehicle is already registered etc.. so is there anything else or any other costs other than taking out Insurance on the vehicle?

 

* I thought this was low because I currently drive my sisters Victorian registered Suzuki Jimny and her rego was $700 odd for the year.Sounds about right-around $300 rego + $400 greenslip.

[Yo-Yo]

Yep pretty much what mike said, NSW no roadworthy cert but we have annual pink slip inspection. It's up to the buyer to make sure the car will pass a new pink slip inspection come rego time ie; condition of the tyres, brakes etc.

 

The only thing I will add about stamp duty is the RMS will check the market value of the car as well, if the agreed purchase price written on the notice of sale is lower than the market price they go by the higher amount, this happened to a mate of mine when he bought an old pulsar as a daily driver & to park at the train station

[gav240z]

Thanks guys I called the RMS and pretty much confirmed what you said.

[chris240]

You wanna buy a whaaaaat ?  .................. :'(

I will send you my wifes curling iron !

[gav240z]

Can you also send her electric knife so I can trim my seat foam?

 

Actually I quite like the Jimny they apparently make good 4x4s since they are really light.

 

Painfully slow though.

[PB260Z]

Can you also send her electric knife so I can trim my seat foam?

 

Actually I quite like the Jimny they apparently make good 4x4s since they are really light.

 

Painfully slow though.

They are good fun in the sand, just remember to let the tyres down a bit.

[chris240]

Also you cant go past a clean 92-98 swb Pajero...Indestructible.