Hi Wanabe,
My understanding is that in NSW the Lexus (the ones you can afford)and 302 cannot be used as they dont meet current emission requirements. The LS1's (Gen 111 Holden) are oK for another two years (if you buy a 2004 or later) then you need the new 6 litre motor.
Talk to Kevin he knows the latest incarnations from the RTA.
Best idea is to join the Cobra Club and attend a few meetings . This way you will learn heaps and save many $$$$$
Phil
