On-Road Costs
On-Road Costs are the mandatory fees required to legally register and drive a newly purchased vehicle. These costs are added on top of the base purchase price and typically include: registration, stamp duty, CTP insurance, dealer delivery, plates, and government fees. Lenders factor On-Road Costs into Vehicle Finance and Equipment Finance to determine the final financed amount. Related glossary terms: Dealer Invoice, Private Sale, PPSR Check. Relevant blogs: Fast-Track Asset Finance, Low Doc Vehicle Finance Guide, Tradie Vehicle Finance.
Why On-Road Costs Matter
On-Road Costs can significantly increase the total drive-away price of a vehicle. Lenders must include these costs when calculating the financed amount, LVR, and GST treatment. A clear breakdown improves approval speed through: Tradie Hub, Truckie Hub, and the Business Owners Finance Hub.
What On-Road Costs Include
- Stamp duty (varies by state).
- Registration fees (annual or new vehicle rego).
- Compulsory Third Party (CTP) insurance.
- Dealer delivery charges.
- Number plates and government processing fees.
- Roadworthy inspection or eSafety certification (state dependent).
Official reference: service.nsw.gov.au