The flexible payment move aims to help people spread the cost of registration renewal across the year
The newly-introduced short-term registration options for light vehicles in Victoria cover utes and vans.
The state government says the new rules will reduce the stress of vehicle registration costs for Victorians.
From January 1, 2018, owners of light vehicles including utes and vans will be able to choose from three-month, six-month or annual registration fee payment options.
The options will be available for light vehicles, excluding trailers, for both new registrations and renewals.
Under the new arrangements an average three month registration will be $200.20, an average six month registration will cost $400.40, compared to an average annual fee of $800.80.
VicRoads currently processes 5.6 million registration renewals each year, including 4.47 million light vehicles.
The move is the result of Labor’s $12 million investment in the 2016 Victorian Budget to upgrade VicRoads registration systems.
Announcing the move, Victorian roads and road safety minister Luke Donnellan and acting premier Jacinta Allan said the flexible payment options will allow people to pay less upfront and spread the cost of registration renewal across the year.
More details can be found on the VicRoads website.