Luxury Car Tax – AUSmotive.com

BMW Australia upgrades 3 Series pricing

Later this month the 2009 model upgrade of the BMW 3 Series will roll out across the country’s showrooms. The range will start with the 320i at $54,100 and, M3 aside, tops out with the 335i at $111,700.

As to be expected the options and standard equipment levels have also been given a tweak, along with the exterior styling. This includes standard leather seats, Park Distance Control, fog lights and rain sensors across the range.

Over 25,000 E90 3 Series models have been sold in Australia to date and the top brass seem to think they are on a winner, â€œThe BMW 3 Series is the most successful luxury compact sport sedan in the world and we have further improved the offering to the market with the new cars,â€ said Tom Noble, General Manager, Marketing, BMW Group Australia. “The range is extremely well equipped from the start, at a very attractive price point below the Luxury Car Tax threshold.”

Post increases to the Luxury Car Tax manufacturers are quick to grab a marketing edge and BMW is no different, with the 320d being exempt thanks to the car’s 6.0l/100km fuel consumption figures.

Pricing of the new BMW 3 Series Sedan and Touring range:

Sedan

320i Executive – $54,500
320d Executive – $57,500
323i – $63,200
325i – $75,900
335i – $107,300

Touring

320i Executive – $57,700
323i – $67,400
335i – $111,700

More details in BMW’s release after the jump…

Senate passes Luxury Car Tax at second attempt

At the second attempt, the Federal Government had its controversial Luxury Car Tax (LCT) bill rubber stamped by the Senate late last night. For vehicles costing more than $57,180 the LCT will now increase from 25% to 33%. After failing at the first attempt to have the bill passed at the start of the month, and without an outright majority in the upper house, the Government agreed to some compromises as set out by the Greens and Family First, exempting some fuel efficient cars and offering a refund system for eligible farmers and tourist operators. A last gasp attempt by the opposition to have the 33% threshold raised to $90,000 did not get through. Under the coalition plan cars between $57,180-90,000 would remain taxed at the current 25%.

Under the Greens amendments cars costing less than $75,000 with a fuel consumption figure under 7l/100km will be exempt from the new LCT. Greens Senator Christine Milne says she is pleased the Government is willing to compromise, “This is the first time I have known of where a Government has actually been prepared to look at a tax as anything other than revenue raising and actually drive a behavioural outcome, particularly in relation to the environment.”

Chris Evans, leader of the Government in the Senate, was circumspect when commenting on the changes, “We didn’t get everything we wanted but we got the majority of the bill intact. I think the point to make here is this was the first bill which people had to come to terms with in this way and we were all learning, and I think it will be easier to make progress in the future.”

Source: ABC Online & News.com.au