What does Driveaway Price Mean?

Ever seen printed or loud car TV ads sprouting “Driveaway No More To Pay” deals?

Maybe it is actually a surprise, but it means literally this – there is no more to pay the dealer.

When doing your car buying research on CarSales – or anywhere else for that matter, you are not always comparing apples with apples.

What the average person new in the new OR used car market may not realise, but a car can be advertised either including or excluding a heap of on-costs.

Car dealers at least somewhere in their advertising and before you are near reaching for a pen to sign a contract of sale, must outline exactly how much the driveaway price is. This is the price including all on-costs.

On-costs typically include the following:

  • Dealer delivery (not often exercised these days – because it is a cash grab!)
  • Registration.
  • New plates fees (if applicable).
  • Registration transfer fees.
  • Road improvement fees.
  • 6 month registration fee (if not choosing the longer 12 month option).
  • Compulsory Third Party insurance (CTP).
  • Stamp duty.

As you can see there are a lot more costs than meets the eye when you are buying a car.

Private sellers do NOT have to advertise a price inclusive of all of these extras.

Dealers do.

This is why dealers make such a big deal of “No more the pay” because usually there is quite a bit more to pay than just the advertised price.

For example a 6 cylinder Commodore advertised at $9900 would cost approximately $10,800 on the road with no more to pay.

So when next you are buying a car in Brisbane, check to see if the price is advertised Ex on road costs – or is a good deal including them all.

Or if you are selling your car, call me on 0411 362 229.