On Thursday, the South Australian Labor government announced that it would waive stamp duty and the first 5 years of registration for electric vehicle buyers – provided that it gets re-elected next month.
EV buyers would still have to pay other on road costs, including Luxury Car Tax (LCT) and Compulsory Third Party (CTP) insurance. Despite this, the discounts are still notable. Buyers of a base BMW i3 can expect to save around $3450, while buyers of a fully loaded Tesla Model X P100D can expect to save $13,100.
Alright, the discounts may not be on the level of the $7500 California tax rebate, but it’s the first step to full, nation wide EV rebates and discounts. Only time will tell. What do you think of these EV discounts? Let me know down below!