This is based on a vehicle if the arrangement is a lease or with a current capital value of hire purchase, or purchase of the $96,603 (based on typical retail vehicle through a loan; or value of a 10-year-old vehicle and if the arrangement is a loan, then trailer), and is based on a lease the purchase the amount arrangement over a 4 year term borrowed and the loan terms will with a 25% residual, at 7.5% affect and depreciation interest per annum. needs to be allowed for. Registration, Permits and TAC $8,337 These fees are current as at 1 July Fees 2018 but may change. Based on vehicle registration fee Additional licences may be payable of $6,225 and TAC charge of for certain types of operations (e.g. $2,112 which is net of GST. interstate registration, oversize, port Assumes payment is made on an security permit, dangerous goods). annual basis. TAC charge Additional administration charges assumes vehicle is garaged in a may apply to registration fees if they high risk area (e.g. metropolitan are paid in instalments. TAC charges Melbourne). may be lower if the vehicle is garaged in a medium or low risk area. Superannuation $4,308 Self-funded, based on 9.5% of own labour assumed at $45,348. Insurance Comprehensive $3,043 Rates may be higher for interstate Vehicle trucks. Additional insurance charges may apply to certain kinds of goods on rate of 3.15% per annum. carried (e.g. refrigerated goods or Based on operator who is over livestock). Comprehensive vehicle the age of 25, has at least 5 insurance costs may vary depending years’ experience and no claims upon the age and value of the history. Assumes vehicle is not equipment insured, the insurance carrying dangerous goods. provider, the amount of any excess Assumes vehicle is travelling payable, the individual’s claims intrastate only. history, the age and experience level of the driver and whether the vehicle is carrying dangerous goods. Insurance Goods in Transit $400 The cost of goods in transit insurance may vary depending on the type of Based on an insured sum of goods being transported. $50,000 at an insurance rate of 0.8%. Assumes vehicle is not carrying dangerous goods.
This is based on a vehicle with a current capital value of $96,603 (based on typical retail value of a 10-year-old vehicle and trailer), and is based on a lease arrangement over a 4 year term with a 25% residual, at 7.5% interest per annum. if the arrangement is a lease or hire purchase, or purchase of the vehicle through a loan; or if the arrangement is a loan, then the purchase the amount borrowed and the loan terms will affect and depreciation needs to be allowed for. Registration, Permits and TAC Fees Based on vehicle registration fee of $6,225 and TAC charge of $2,112 which is net of GST. Assumes payment is made on an annual basis. TAC charge assumes vehicle is garaged in a high risk area (e.g. metropolitan Melbourne). $8,337 These fees are current as at 1 July 2018 but may change. Additional licences may be payable for certain types of operations (e.g. interstate registration, oversize, port security permit, dangerous goods). Additional administration charges may apply to registration fees if they are paid in instalments. TAC charges may be lower if the vehicle is garaged in a medium or low risk area. Superannuation Self-funded, based on 9.5% of own labour assumed at $45,348. $4,308 Insurance Comprehensive Vehicle on rate of 3.15% per annum. Based on operator who is over the age of 25, has at least 5 years’ experience and no claims history. Assumes vehicle is not carrying dangerous goods. Assumes vehicle is travelling intrastate only. $3,043 Rates may be higher for interstate trucks. Additional insurance charges may apply to certain kinds of goods carried (e.g. refrigerated goods or livestock). Comprehensive vehicle insurance costs may vary depending upon the age and value of the equipment insured, the insurance provider, the amount of any excess payable, the individual’s claims history, the age and experience level of the driver and whether the vehicle is carrying dangerous goods. Insurance Goods in Transit Based on an insured sum of $50,000 at an insurance rate of 0.8%. Assumes vehicle is not carrying dangerous goods. $400 The cost of goods in transit insurance may vary depending on the type of goods being transported.
Semi-Trailer-Bogie-Drive-6-axle-2018-2019.docx