Victorian drivers with registration renewals from 1 January 2018 will have the option of registering their vehicles in new, flexible periods of three or six months or remain on twelve month renewals.
To pay in instalments, they will have to create an account on the myVicRoads online portal.
So far, more than 28,000 vehicle owners have made the switch to new, flexible short-term rego options.
By the end of 2018, VicRoads expects half of all registered vehicle owners will have made the switch to short-term registration, helping ease cost of living pressures for more than two million Victorians.
Owners of cars, utes, vans, motorcycles and other light vehicles are now able to make the switch to shorter term registration, or continue with an annual registration fee by creating a myVicRoads account.
Creating a myVicRoads online account will allow owners to choose the registration option that suits them, and receive electronic reminders when their registration is due.
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.
