When you buy a new or used vehicle, you may be required to pay stamp duty when you transfer the registration into your name.
Stamp duty is calculated on:
- the sale price or market value — whichever is higher
- the body type — for example, if the vehicle's non-commercial eg a sedan, station wagon or if it's commercial eg a ute, van.
Exemptions
Stamp duty doesn't apply:
- for trailers or caravans with a GTM of 4.5 tonnes or less
- if you are transferring registration of a vehicle between married or de facto couples
- if you've moved to SA and are registering your interstate vehicle in the same name as it was registered interstate (and can provide the interstate registration certificate)
- if you inherited the vehicle under the terms of a Will.
Stamp duty is not exempt for reasons such as being gifted a vehicle or transferring the vehicle between other family members.
See Revenue SA for more information on exemptions and refunds.
Penalties for undervaluing a vehicle
Records are checked to make sure people pay the correct amount of stamp duty.
If it's found that you've claimed your vehicle is worth less than it is so that you pay less stamp duty, penalties will apply.
