Now here’s the thing. Here in Queensland, registration costs are simply based on the number of cylinders, not what you do with your vehicle. Some time ago, I wrote a paper on what I’d like to see happen to the registration costs of vehicles in Queensland. With the Queensland Election tomorrow, perhaps it’s time to suggest what was in the paper. Curtis Pitt outlined a change to how luxury vehicles are treated – perhaps registration, perhaps stamp duty, but irrespective of either, a luxury vehicle isn’t one that starts at $100,000 Curtis. Don’t attack the people who work hard to have a nice vehicle mate, make the number $150,000 and higher. But there needs to be a wholesale look at the way registration costs are levied in Queensland. Here’s part of the paper
Luxury Vehicles over $150,000- INCREASE
These owners can afford the extra registration costs, and I’d like to see all vehicles purchased at $150,000 or more hit with stamp duty at the highest rate – 4% and an increased registration cost.
Rental Vehicles, Motor Homes, Light and Heavy trucks, Any vehicle registered for Business use – INCREASE
Ride Share Vehicle (Uber, Lyft etc) – INCREASE
Taxi’s – Increase registration, but reduce Compulsory Third Party in line with the average of other states – INCREASE
These vehicle categories do higher kilometres than the average user and arguably contribute to more road wear and tare
Vehicles older than 10 years – INCREASE
It’s time that old polluting vehicles were put off the road. Similar to Japan, the older your car is (exc Classic or Historic cars,) the more your registration should cost.
Pensioner Vehicles – DECREASE
Give the substantial revenue that will be raised from the increase in registration costs from the other categories, Pensioners in Queensland should enjoy a lower cost of registration, but only for 4 cylinder and 6 cylinder vehicles passenger vehicles.
So that’s my opinion. Irrespective of the Queensland election result, our politicians should be look at ways to increase revenue based on user profiles and reduce costs to those who can least afford it.
Bob Aldons is the owner and founder of The Car Guy, reviewing cars, reporting on car industry matters, car tech and the world at large.
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