Club permit for new aquisition

[berlinaman]

Hi folks,
Does anyone know if stamp duty is payable when buying a currently registered car and then instead of transferring the registration, cancelling it and placing the car on a club permit. The reason I ask is I wish to have the car I purchased privately put on a club permit and wish to avoid paying the stamp duty which at $40 per $1000 can add up alarmingly. Vicroads has told me once no, and once yes, which is confusing and typical these days of government departments. So does anyone have any experience with this.
cheers
Tony

[Paul Gulliver]

I would have thought that the stamp duty is calculated at the point of sale  when both the seller & the buyer sign the transfer form. Beneficial change of ownership at that point which triggers the stamp duty. What you do with the  registration is after the event and irrelevant. Remember both buyer & seller have signed copies of the transfer form and what the car changed hands for. I wouldn't have thought to many sellers will sign a blank form anymore.

[dehne]

not to sure on whether or not you pay the stamp duty but i can tell you that the way they deal with stamp duty has changed in vic now. its not done on how much you paid for the car anymore but what the current market value is worth, i recently brought a pajero for a bargin price and when i went to vic roads to transefer the rego i had to pay market value for the car which was 6 grand more, was un happy about that, so the crap thing is if you buy a 105 for 2000 then rebuild it and its worth 20+ grand your up the crapper

[massiveluvbuddy67]

no stamp duty is payable

[Paul Gulliver]

Would you like to flesh that out a bit  Phil

[Evan Bottcher]

I'm quite sure no stamp duty is payable, unless transferring to full registration.  There is no place to put the vehicle value on the club permit form, and no proof of ownership is required when you process the permit.  I can't imagine what would trigger vicroads to ask for stamp duty to be paid.

[Evan Bottcher]

Also Tony - are you going to share details of your new acquisition (assuming it is interesting)? 

[Alan Hopla]

My vote is that you will have to pay.

To cancel the rego, first you have to transfer it to your name, at which point you pay stamp duty. (I had to last year).
To get a club permit, first you have to cancel the existing rego. (I had to last month).

If the seller cancels the rego, sells the car unregistered, then you apply for the permit. Then you might not need to pay.

Alan.

[Neil Choi]

As Phil indicated, there is not duty paid on club permit.

I have three of them.  When you acquire the classic/historic car or that it is coming off normal registration, you simply get a RWC, fill out the permit application and paid the third party public liability and registration fee (~$110-120 odd).  The Vic Roads person then keeps the RWC and registers the identification (VIN) of your car into the registration system.  They give you your H plates there.  They do not sight the vehicle neither.

Neil

[Paul Gulliver]

When you acquire the classic/historic car or that it is coming off normal registration, you simply get a RWC

I would agree with that bit Neil as i also have 2 on CH plates. However as Alan notes, if you buy a car with say 11 months rego and go to cancel the rego they will refund to who ever the registered owner is and that won't be you because you haven't completed the transfer and paid the stamp duty.

[Brad M]

Does anyone know if stamp duty is payable when buying a currently registered car and then instead of transferring the registration, cancelling it and placing the car on a club permit.

You can't Cancel the rego unless it is transferred to you, you pay the Stamp Duty when transferring.

So does anyone have any experience with this.

I bought the ShitBox unregistered.
When I got the "Club Permit" and plates I only had to show the previous registered owner sold it to me by producing a receipt (best get the previous owner to state their address and license number, and have it signed).

Does anyone know if stamp duty is payable when buying a currently registered car and then instead of transferring the registration, cancelling it and placing the car on a club permit. The reason I ask is I wish to have the car I purchased privately put on a club permit and wish to avoid paying the stamp duty which at $40 per $1000 can add up alarmingly. Vicroads has told me once no, and once yes, which is confusing and typical these days of government departments. So does anyone have any experience with this.

In this situation, do what you planned, buy unregistered (good for previous owner, they get any refund when handing in the plates), get a RWC and get your "Club Permit".

[hmd]

'Quiet Please'

Please don't let VicRoads get onto this loophole.

[massiveluvbuddy67]

I have 7 on club plates...trust me...there is no Stamp Duty payable.

[berlinaman]

Thanks for all the info everyone. Based on this info I will get the previous owner to cancel the rego and ask if they will kindly then refund me the refund. If not it is a cheaper option than paying the stamp duty. I will then take my RWC and relevant forms to Vic Roads and get the club permit.
You of course will be horrified to learn that the vehicle in question is not an Alfa but is French, it does however have an Italian engine, a 2.7litre Maserati V6 under it's long hood. Despite it not being an Alfa I will stay a member as I enjoy AROCA, as I am still passionate about Alfa's and would like to ask if you would not be offended if I joined in (in my French car) on a couple of EMR's. I will let you overtake.

cheers Tony

[dehne]

The deception of it all, im shocked i feel used, but anyway im over it cause i read about the massa engine, as far as im concerned your one of us, just cause of the name.