Why are cars cheaper with an ABN?
By Stephen Corby · 26 Feb 2025
Between towering import costs, dealer markups, and an archaic Luxury Car Tax (one still unmatched by a Luxury Boat Tax, Luxury Helicopter Tax or even Luxury Jewellery/Watch Tax), Australians have long shouldered some of the highest car prices in the world. Not for nothing to global brands laugh into their lobsters while referring to Australia as Treasure Island.