Luxury at a (smaller) price

SOME of the thirstiest, most expensive cars are slightly cheaper from July 1 following an increase in the threshold at which the luxury car tax is applied.

The point at which the controversial 33 percent tax is applied was raised from $61,884 to $63,184, but the ruling only affects what the government considers thirsty cars – those using more than 7.0L/100km – so most aren’t affected.

A range of SUVs and luxury cars benefit from the new ruling, with Audi, BMW, Land Rover, Jaguar, Lexus, Toyota and others reducing the price of many models by the full LCT adjustment amount – $390.

Porsche went a step further by rounding the amount to $400.