Yourtown Prize Homes Include Cars: Double Your Winning…

Q: Do all Yourtown prize homes come with cars included?

Most Yourtown prize home draws include a luxury car package valued between $80,000-$150,000, featuring premium brands like BMW, Mercedes-Benz, or Audi. The car is typically awarded alongside the main prize home, effectively doubling your winning value. However, some specialty draws may focus solely on property, so always check the specific draw conditions before purchasing tickets.

Q: What types of cars does Yourtown include with their prize homes?

Yourtown typically includes premium European luxury vehicles such as BMW X3, Mercedes-Benz C-Class, Audi Q5, or equivalent models worth $80,000-$150,000. The exact vehicle varies by draw and is usually the latest model year with premium features and warranties. Some draws may offer multiple vehicles or allow winners to choose from a selection of luxury brands.

Q: How does winning a car with a prize home affect Australian tax obligations?

Under Australian tax law, both the prize home and car are considered prizes and are generally tax-free for individual winners. However, you'll need to pay ongoing costs like registration, insurance, and maintenance for the car, plus rates and utilities for the home. If you sell either prize within 12 months, capital gains tax may apply depending on your circumstances.

Q: Can I choose cash instead of the car in Yourtown prize draws?

Yourtown occasionally offers cash alternatives for car prizes, typically 80-90% of the vehicle's retail value, though this varies by specific draw terms. Most winners opt to take the physical car due to its full retail value and immediate utility. Cash alternatives, when available, are usually offered during the prize claim process and must be elected within specified timeframes outlined in the draw conditions.

Why Yourtown Prize Homes Include Cars: Double Your Winning Potential

Yourtown prize home draws include luxury cars worth up to $100K+ alongside million-dollar homes. Discover how to maximise your winning potential today.