Data request record
Victoria Car sales prices from ownership transfers forms lodged at SRO
When i buy a car (truck or motorbike) in Victoria, i provide the sales price to the State Revenue Office and pay the applicable transfer fee depending on the sale price.
The data would help car buyers know the real cost of car, as opposed to a price asked. Also existing data sources are estimates and not actual prices. It would work like we already see for house prices weekly. It would also be of beenfit for car insurance as we would know what the market value of a car is, from a factual source. Consumers may well be able to save money from this data by not over insuring their cars.
Singapore already publishes this data monthly from the Land Transport Bureau