Two cars under one name in VIC

Davidos7 on 21/08/2018 - 15:59

Hi,
Is there any implications on registering two cars under one name in Vic?

Also in case in the future i want to change my wife to be the owner / switch it to be registered under my ABN should it be problematic?

Thanks

Comments

dcep on 21/08/2018 - 16:03

+5

you can have 999999999 cars under 1 name

switch to spouse is easy , but switch to abn will need proper transfer docs .. rwc / stamp duty , etc.
Gronk on 21/08/2018 - 17:01

Transfer of title generally requires a RWC, also you can only register a vehicle either using a Driver's License or an ACN (as distinct from an ABN) but there's no limit on the number of vehicles which can be registered to either.
[Deactivated] on 21/08/2018 - 17:31

Many cars under a name isn't an issue.

A car registered under a business and under personal carries many implications - tax, insurance, fines…
whooah1979 on 21/08/2018 - 17:36

-1

i want to change my wife to be the owner / switch it to be registered under my ABN

Could you please rephrase this part? It doesn’t make sense.
bobbified on 21/08/2018 - 22:06

Transferring to your wife is Duty-exempt, but will involve a Transfer Fee (about $40).

I believe transferring to a business will involve both Transfer fee and Duties (which is about 4% of the value of the vehicle)
Ace Ventura on 22/08/2018 - 09:01

+5

I have six cars registered to my name. The only problem that has arisen, is that I also have to pay registration on 6 cars.
- stirlo on 22/08/2018 - 13:26
  
  And the fines for everyone that drives them too?