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View Full Version : Tax on buying a used car?


ctrueman82
May 27th, 2009, 12:38 PM
Currently you only pay PST to the MOT correct?

Rehan
May 27th, 2009, 12:38 PM
Yes.

ctrueman82
May 27th, 2009, 12:40 PM
Danke.

macnut
May 27th, 2009, 01:08 PM
Currently you only pay PST to the MOT correct?

Correct, if buying privately.

If not a private deal, you pay GST to the dealer.

at1212b
May 27th, 2009, 01:11 PM
And its based on the higher of the book value or sale price as listed on the bill of sale (this is like a receipt).

I bought a used car for $1800, but the guy listed sold at $500 on the bill of sale. But I had to end up paying pst on the book value which was $900 (this is when the you get the official ownership documents, etc).