Taxing Issues: Lamborghini Aventador SVJ Exceeds $1 Million AUD Down Under | Feature
Drive reports that the car has been priced from $949,640 AUD (US$675k) including the obligatory 10 per cent GST and five per cent import duty. When registration, insurance, and dealer delivery charges are factored in, the car’s price comes in at comfortably over $1 million AUD.
Of this, roughly $350,000 (US$249k) goes to the Federal Government because of the country’s costly luxury car tax as well as the other aforementioned taxes.
In Australia, any car with a sticker price exceeding $66,331 is subject to a 33 per cent tax on every dollar above that threshold.
To put this into perspective, the Aventador SVJ sets back American customers a minimum of US$517,770 ($720,000 AUD), making it seem relatively affordable compared to what Australians have to pay.
While Lamborghini’s Nurburgring king is expensive in the Land Down Under, there will be some nations where the supercar is even more expensive. In Singapore, for example, it can cost almost $1 million USD to purchase a brand new Lamborghini Huracan. A local price tag for the Aventador SVJ approaching $2 million USD could be possible.
Despite the crazy money needed to purchase the Aventador SVJ, Lamborghini will have no issue selling all 900 examples it plans to build.
The Aventador SVJ is the most powerful and fastest road-going Lamborghini ever. It is powered by a naturally-aspirated 6.5-liter V12 engine delivering 770 PS (759 HP) and 531 lb-ft (720 Nm) of torque, resulting in a 0-62 mph (100 km/h) sprint of 2.8 seconds, 0-124 mph (200 km/h) in 8.6 seconds, and a 216 mph (350 km/h) top speed.