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Yes.
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May 27th, 2009 11:38 AM #1
Tax on buying a used car?
Currently you only pay PST to the MOT correct?
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May 27th, 2009 11:38 AM #2_______________
The silent genocide in Pakistan Reply With Quote
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May 27th, 2009 11:40 AM #3
Danke.
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May 27th, 2009 12:08 PM #4Correct, if buying privately.
Originally Posted by ctrueman82
If not a private deal, you pay GST to the dealer. Reply With Quote
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May 27th, 2009 12:11 PM #5
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). Reply With Quote
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