Important a Car to Australia

Guide to Importing a Car into Australia

Information verified correct on July 31st, 2016

With the Australian dollar high and bargains to be found around the world it's no surprise many Australian's are attempting to import a used car.

It seems that oil - not blood - runs in the veins of many Australians. Up until recently we've enjoyed a thriving car industry which has produced some excellent cars. There's also a huge number of us who love and appreciate commercially available European, American and Asian cars.

How do I import my car?

1. Do your due diligence.

A quick scan of the multiple forums dedicated to this topic show a lot of heartbreak and frustration from would-be importers. Rust which has been painted over, dialed-back odometers and more are just some of the issues you'll have to battle with and that's before you reach the reams of red tape.

What are my import options?

You'll need to import your vehicle under a specific option. There are a number of options, not all of which apply to those wanting to import a car as a daily driver.

Some of the options are:

  • Vehicles made before 1 January 1989. You can import a vehicle made before this date, which many car enthusiasts will use to import classic cars, older Japanese imports and more.
  • Personal imports. This applies to those moving to Australia who want to bring their cars with them. You must have owned the vehicle for 12 months, it must've been garaged at a location close to your home and you must have held a valid driver's licence in the country.
  • Cars exported from Australia but re-imported. If you exported a car from Australia, for example for an extended overseas trip, you can bring it back into Australia under this option.
  • Cars not available in Australia. As part of the Specialist and Enthusiast Vehicle Scheme (SEVS) you can import vehicles not officially sold here. Each car is subject to approval and must be listed on the SEVS Register.
Cars not available in australia

What are the costs involved?

There are many charges associated with importing a vehicle from overseas. To give you an idea, a $30,000 car made before 1 January 1989 leaving from Los Angeles and being delivered to Port Kembla in Sydney could cost approximately $4,400 excluding taxes, duties, GST and vehicle compliance and registration. Regular charges include:

  • Shipping and customs costs. Shipping costs include the costs of customs both in the country you're exporting from and in Australia, quarantine inspection fees, cleaning, international freight and port service charges.
  • Taxes and duties. These include the luxury car tax of 33% on vehicles with a value greater than $60,316 ($75,375 for fuel-efficient vehicles) and GST. You'll also pay duty for the vehicle, which depends on the type and age of the vehicle. A vehicle under 30 years old will incur 5% duty and 10% GST.
  • Compliance costs. Many cars will need modifications to make them roadworthy in Australia. This can include new light globes and disabling or re gassing the air conditioner.
  • Registration and insurance. Just like with any car you'll need to get this registered once it's compliant and ready to drive. You'll also need to pay stamp duty and pay for insurance.

You'll also need to consider the documentation needed for an import, the time frames needed to receive permits, the requirements of each government agency involved along the way and whether or not the car you're importing will need modifications carried out to make it legal to drive in Australia.

If the car you are buying from overseas isn't for sale in Australian currency, then minimising the costs here could be of benefit to you. Using a low cost international money transfer option, such as OFX, could save you a considerable amount of money.

Compare different international payment options below

If you are buying and selling a car in foreign currency, it could be worth your while to check out the below companies. They offer services to trade in international currencies.

Rates last updated July 31st, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
TorFX International Money Transfers
TorFX guarantee to beat any competitor's exchange rate for a transaction
Conditions apply
AUD 200 1 day Online, Phone, Agent Go to site More
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com.au exclusive exchange rates and $0 transfer fee on all transfers.
AUD 250 1 day Online, Phone, Agent Go to site More
Exclusive: World First Foreign Exchange
Exclusive: World First Foreign Exchange
Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.
AUD 250 2 days Online, Phone Go to site More
HSBC Multi Currency Account
HSBC Multi Currency Account
A multi-currency bank account with up to 10 currencies in one account. AUD 0 3 - 5 days Online, Bank Account to Bank Account, Cash Transfer, International Money Order More
Citibank Plus Everyday Account
Citibank Plus Everyday Account
A transaction account with free transfers to any country and no foreign transaction or international ATM withdrawal fees. AUD 0 Same day Online, Phone, Agent, Bank Account to Bank Account More
Travelex International Payments
Travelex International Payments
Send money to over 50 countries and choose from 48 currencies. AUD 500 2 days Online More
Exclusive: CurrencyFair International Money Transfers
Exclusive: CurrencyFair International Money Transfers
Exclusive offer: 3 Free transfers (after your first transfer).
A peer-to-peer transfer service with a large range of currencies on offer.
EUR 8 3 - 5 days Online Go to site More
Currency Online International Money Transfers
Currency Online International Money Transfers
Enjoy regular scheduled transfers, one off transfers and a range of currencies. Also enjoy your first transfer for free. AUD 0 2 days Online, Phone Go to site More
HiFX International Money Transfers
HiFX International Money Transfers
Make your first transfer for free. Transfer money between 20 currencies, and enjoy schedule regular transfers. AUD 50 2 days Online, Phone, Agent Go to site More
TransferWise International Money Transfers
TransferWise International Money Transfers
Make online transfers with transparent exchange rates, low fees and low minimum amounts. AUD 1 1 day Online Go to site More

2. Applying for import approval

The next step is crucial for the importing process. You must have approval to bring a vehicle to our shores, so here you'll decide from the options listed above and the others listed on the Department of Infrastructure and Regional Development website.

You'll then need to fill out the application form and an addendum for the relevant option either online or by printing them out and mailing them in. If the Department requires extra information they'll email you so regularly check your account incase.

3. Get import approval

Once you've received approval you'll receive a hard copy of the approval along with any conditions.

IMB New Car Loan

IMB New Car Loan

Apply for IMB New Car Loan and enjoy a great low fixed interest rate with no ongoing fees.

  • Interest Rate From: 6.49% p.a.
  • Comparison Rate: 6.77% p.a.
  • Interest Rate Type: Fixed
  • Application Fee: $199
  • Minimum Loan Term: 1 year
  • Maximum Loan Term: 7 year
  • Minimum Loan Amount: $2,000
  • Maximum Loan Amount: $75,000

In need of a car loan?

You've been approved to bring your vehicle over, now it's time to compare your financing options.

Rates last updated July 31st, 2016
$
Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Repayment
IMB New Car Loan
This fixed rate new car loans up to 2 years old features no early repayment penalties
From 6.49% (fixed) 6.77% $2,000 1 to 7 years $199 Go to site More
Beyond Bank Low Rate Car Loan
A great rate for cars under 2 years old.
From 6.74% (fixed) 6.98% $25,000 1 to 7 years $150 Go to site More
CUA Fixed Rate Car Loan
A competitive car loan that offers flexible repayment options and no account keeping fees.
From 7.99% (fixed) 8.29% $15,000 1 to 7 years $120 Go to site More
360 Finance Advantage Car Loan
Get a low rate car loan when you borrow over $30,000.
From 5.49% (fixed) 6.49% $30,000 1 to 7 years $407 Go to site More
RACQ New Car Loan
Apply online and receive a response within 5 business hours.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
IMB Secured Personal Loan
A secured loan from IMB with flexible repayment features
From 7.39% (fixed) 7.67% $2,000 1 to 5 years $199 Go to site More
ANZ Online Secured Car Loan
A secured car loan with a fixed rate interest.
From 6.8% (fixed) 7.65% $7,500 1 to 7 years $350 Go to site More
NRMA Car Loan
Purchase a new car with an NRMA Car Loan with a fixed rate term and no monthly fees.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
St.George Secured Personal Loan - Fixed Rate
Get behind the wheel of your perfect car with a competitive interest rate from St.George. Get an application response within 60 seconds.
From 8.49% (fixed) 9.39% $3,000 1 to 5 years $195 Go to site More
Bank of Melbourne Secured Car Loan
A low rate personal loan from Bank of Melbourne with variable or fixed option.
From 8.49% (fixed) 9.39% $3,000 1 to 5 years $195 Go to site More
BankSA Fixed Rate Car Loan
Apply for a fixed rate car loan from multi-award winning BankSA.
From 8.49% (fixed) 9.39% $3,000 1 to 5 years $195 Go to site More
RACV Car Loans
Enjoy this fixed rate new car loan offer from RACV. No ongoing fees.
From 6.2% (fixed) 6.73% $15,000 1 to 7 years $378 Go to site More
NAB Car Loan Variable Rate
Whether you're upgrading your ride or adding to your garage, a NAB Personal Loan gives you a great low rate.
From 13.69% (variable) 14.56% $5,000 1 to 7 years $150 Go to site More

Have we missed anything in the comparison table? Tell us

4. Arrange for your car to be shipped over

Now the expensive part begins. The costs of shipping begin before the car is even at the port. You'll need to have the car steam cleaned to reduce quarantine risks and you'll have to remove air-conditioning gas if this will be a problem.

Next, you'll need to pay for the above-mentioned shipping costs and have the vehicle delivered to Australia.

5. Get cleared by Customs

Once the shipping process begins you need to lodge an importation declaration with Customs. You can do this electronically, at an Australian Customs and Border Protection Service Branch, or through a customs broker.

When the car arrives you'll need to put your hand in your pocket again. This time for Customs duty, GST and Luxury Car Tax (if applicable).

6. Satisfy quarantine requirements

You'll then need to lodge a quarantine entry and arrange an inspection time.

The inspection will take into account every aspect of the car.

If it doesn't pass the inspection, Quarantine will make you clean it again and organise another inspection at your own cost.

7. Satisfy import approval conditions

You may have to modify your vehicle for it to be compliant, as mentioned above. This can include but isn't limited to:

  • Giving the car a complete service
  • Replacing brake fluid
  • Fitting new brake pads if necessary
  • Removing gas headlights and replacing them with halogen lights
  • Replacing seat belts
  • Testing the car to make sure it's roadworthy
  • Changing the car from left-hand drive to right-hand drive.
Approved stamp

You'll also need to arrange identification plate approval.

8. Register the vehicle

Once this is done all you need to do is register the car and insure it and it's all yours to drive.

Getting outside help

If the above process sounds long and arduous that's because it is. Our government wants to protect the public, industry and the environment from the impacts imported vehicles can have, so has introduced the steps above to ensure dangerous vehicles don't enter the country.

To make things easier many companies are available to act as an agent in the event that you wish to bring a car to Australia from overseas. They'll take care of all the groundwork for you until it arrives in Australia.

Popular among the Japanese and American car import scene are buyer's agents who will also source the car on your behalf, send you correspondence and then arrange for the required steps to bring the car if you're happy with the car.

If you're going to choose one of these companies ensure you research them first. Browse the forums for your particular car and learn from others' experiences.

Some popular forums include:

  • Skyline Australia. This is more skewed towards Japanese cars, but has a wealth of information about the importing experiences of others.
  • USMuscle. As the name suggests, this has a number of posts and threads about importing cars from the USA.
  • Britzinoz and PomsinOz. These are both expat forums for those arriving to Australia from the land of the Poms. Many of them have imported their cars to Australia and so there's a bunch of information on the topic.
  • Whirlpool. There's nothing that isn't written on the Whirlpool forums, including a number of threads about car buying and importing.
  • Might car mods. This forum is a resource for car enthusiasts and also has a number of threads on the topic of car importing.

Other resources you need to look at before importing your dream set of wheels include:

The Department of Infrastructure and Regional Development. These guys have the final say on whether or not you can bring a vehicle into Australia, so you'll want to intimately know how the legal requirements work.

Redbook. Redbook is a free resource which lists the prices for a huge range of cars. This can help you decide whether or not it's worth importing a car as opposed to buying it in Australia and will tell you how much your car should be worth.

Importing a luxury car to Australia

It's no secret that luxury cars in Australia are sometimes much more expensive than their European, Asian or American equivalents.

This is largely due to the Luxury Car Tax (LCT), which is a tax of 33% on any luxury vehicle worth over $60,316 or $75,375 if your car doesn't use more than 7 litres of fuel per 100 kilometres.

A recent report into the inflated prices we're charged for luxury cars by Drive found that for a BMW M3 Coupe, Australians pay almost three times as much ($59,000 vs $168,000).

Similarly, a Porsche 911 costs $239,660 here but only $77,140 in America, $107,240 in the UK and $134,000 in Japan.

If you're thinking about importing a brand new Porsche 911 and paying a fraction of the price you're not alone.

Unfortunately if the car is supplied in full volume it's not possible to import it into Australia unless it's a personal import and therefore satisfies the criteria outlined at the beginning of this guide.

Why would I want to import a car?

There are many reasons why you may want to bring a car from overseas to your doorstep:

  • You want to import a car not available for purchase in Australia
  • You've recently moved to Australia and want to bring your car over
  • You want to import a car which you've seen available cheaper overseas

The benefits for these reasons include:

  • You can pay much less than buying the same car in Australia
  • You can drive a car not often seen on our streets
  • You can save money not having to sell your car overseas only to buy the same model in Australia

However, there are some disadvantages of importing a car too. It may be a struggle to source parts for your car if you're having any mechanical problems and experience long waiting times - so there may be a period when you can't get from point A to point B.

The Department of Infrastructure and Regional Development lists eight steps which need to be carried out before you can drive your pride and joy on our roads.

Click here to learn about which import option is best for you.

Next steps

If you've read through this guide you're ready to start the next phase of car importation: research. Using the resources we've listed, start assembling all of the information you can. Investigate and learn about any potential problems you may have specific to the car and country you're importing from.

Doing this will save you money, ensure you don't get ripped off and above all see you reunited with your wheels.

Matt Corke

Matt is a publisher and editor of personal finance content at finder.com.au. He is committed to genuinely helping consumers find a better deal from their financial institution.

Was this content helpful to you? No  Yes

Related Posts

Beyond Bank Low Rate Car Loan "Special Offer"

A great rate for cars under 2 years old.

IMB New Car Loan

This fixed rate new car loans up to 2 years old features no early repayment penalties

CUA Fixed Rate Car Loan

A competitive car loan that offers flexible repayment options and no account keeping fees.

RACQ New Car Loan

The a low fixed rate loan suitable for buying a new car.

Ask a question
feedback

Exciting news!

myNBN.info is now part of the finder.com.au family.

Read more about what this means