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Component pricing and advertising Under s. 53C, the single price is the total minimum price a
consumer needs to pay to obtain the relevant product or service. For
the motor vehicle industry, it will generally be the dollar amount the
consumer must pay to take ownership of the vehicle, which can
be calculated by adding up all components that are quantifiable at the
time the representation is made. These include a charge payable by a
consumer to purchase the vehicle and any tax, duty, fee, levy or charge
for the consumer to supply.
If a tax, fee, levy or charge is not collected by a dealer but instead is paid by the consumer to a relevant authority, that tax, fee, levy or charge is not a component for the dealer's selling price. The component costs of a motor vehicle may vary between geographic regions or by the class of consumer who purchases the vehicle. How should the single price be calculated? The components of a single price should be calculated on the
basis of that which applies to a typical or average consumer, without
any concessions or discounts. The price provided in a particular region/state
should be calculated as it applies to that geographic location. A private seller is a person who lists a motorcycle and is not a Licensed
Dealer. A private seller is not required to stipulate government
charges such as stamp duty, registration and transfer fees in their
selling price as the private seller is not considered to be in trade or commerce for the purposes of the Trade Practices Act.
More Information MC Sales - Motorcycles for Sale
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