Having personal transport in Australia offers significant freedom, especially for students living in outer suburbs or regional campuses. However, owning a vehicle involves ongoing financial commitments that require careful planning.
When is Buying a Car Justified?
- Regional Study: If you are studying in Adelaide, Perth, Hobart, Wollongong, or Geelong where public transport routes are less frequent.
- Shift Work / Placements: If your degree involves clinical placements (nursing) or hospitality shifts late at night.
Understanding Total Cost of Ownership
Beyond the purchase price (typically AUD 5,000–10,000 for a reliable second-hand Japanese car), remember to budget for compulsory third-party insurance, state registration (rego), comprehensive insurance, fuel, toll roads, and regular servicing.
Source: Australian Road Transport Authority Guidelines
