[NefCanuck]

nass,Mar 22 2006, 09:11 PM Wrote:

01-yellow-ZX3,Mar 23 2006 Wrote:Okay, stupid question guys...

When buying a used car from a dealership, do you only pay GST?  This is at the time of purchase, or when you register?

Same goes for private sales?
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From a dealer it's right away and you pay the PST for sure and if I remember the GST

Private sales you only pay one tax PST I believe and it's at the registration. You can play with the value a bit and save some taxes.

this might help you
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One caution about "playing with the value" on a private sale to save on PST. When you register the car you have to pay PST on the red book value of the car between the low & high ranges for that car adjusted for its condition (The Used Vehicle Information Package that the seller MUST furnish to the buyer when completing the sale) If you disagree with the values you have to pay to get an appraiser to declare a lesser value in writing.

NefCanuck

(Note: The above applies only to ONT, YMMV in other provinces(