What is included in Rego?
It covers compensation payments for people injured or killed in a motor vehicle accident. It doesn’t cover the cost of damage to vehicles and property, or damage to — or loss of — your own vehicle. To cover costs for vehicle and property damage that you’re liable for, consider Third Party Property Damage Insurance.
How does Rego work in NZ?
Registration is paying a one-off fee to add a vehicle’s details to the Motor Vehicle Register. When it’s added to the register, we issue number plates for it….As part of the registration process, the vehicle will be:
- inspected for safety.
- certified.
- added to the Motor Vehicle Register.
- licensed (if applicable).
How much is WoF and Rego NZ?
Warrant of Fitness The cost of a Warrant of Fitness inspection varies, but is an average of $50–$60. Tyres The cost of tyres varies and depends on the size and quality of tyre. A set of tyres will usually last 30,000 to 40,000km.
How does the new car tax work NZ?
Like the rebates, the fees depend on whether the vehicle is new or used and its level of emissions: new cars with high emissions attract a maximum fee of $5175, while the highest fee for used vehicles is $2875. The amount actually paid will depend on the emissions level of the car.
What does a CTP cover?
Compulsory Third Party (CTP) Insurance, also known as Green Slip in New South Wales, provides cover for people who may be injured or killed in a motor vehicle accident involving your vehicle. This may include the driver of your vehicle, other drivers, passengers, pedestrians, cyclists and motorcyclists.
Does Comprehensive include CTP?
It’s easy to confuse CTP insurance with comprehensive insurance but they are completely different. CTP is for people only and does not cover damage to any vehicles, yours or someone else’s. Comprehensive covers damage to your vehicle and others’ vehicles and property, but does not cover people.
How much does it cost to put Rego on hold?
Administration fees
| Common vehicle transactions | Administration fee | |
|---|---|---|
| Renew your motor vehicle licence (rego) (MR1 and MR1B) | Online | $4.11 |
| At an agent | $7.20 | |
| Put your vehicle licence (rego) on hold (MR24) | Online | None |
| Through our contact centre | $10.40 |
Do you need WoF before Rego?
Your vehicle must have a current warrant of fitness (WoF) or certificate of fitness (CoF) before you can get a licence or use the vehicle on the road, unless your vehicle is exempt from continuous vehicle licensing or doesn’t require a WoF or CoF for road use (mopeds etc).
How much should I budget for car maintenance NZ?
A full car service usually costs between $300 – $500 every year and includes the checking and replacing of items like lights and indicators, wiper blades, battery, engine oil and air filters.
How much does it cost to maintain a car per year?
In 2017, AAA found that, on average, new vehicles cost $1,186 each year to maintain and repair. In this example, maintenance, car insurance and fuel add $351.50 to the monthly cost of owning a car.
Is it cheaper to run a diesel or petrol car NZ?
Fuel price Although fuel prices fluctuate, diesel has remained cheaper at the pump. However, RUC and greater registration fees must be factored in to the overall running costs of diesel vehicles.
Are cars taxed when buying?
When you buy a car That tax will start at the beginning of the month in which you bought the car. If you’re buying a new car, road tax is sometimes included in the purchase price… but the dealership will need your insurance details to tax it in your name.