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What is Canadian Red Book?
What if I paid less than the Canadian Red Book value?
Why should you use the Canadian Red Book?
CAD $249.99. Per user / per year. Trusted valuations based on comprehensive data from CARFAX Canada. With three unique values, you get the complete picture of a vehicle's worth. Our value model is routinely updated, ensuring you have the latest values.
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Our Value Range tool is a good way to gauge your car’s trade-in value and puts you in the driver’s seat when negotiating with a dealer. Something to keep in mind is that their offer will account for the cost of getting your vehicle ready to re-sell, but you'll also get tax savings towards the vehicle you’re purchasing.
Backed by CARFAX Canada’s industry-leading data, Canadian Red Book provides a complete picture of a vehicle’s worth with three unique values: the Retail Value, the Wholesale Value and the Manufacturers Suggested Retail Price (MRSP). Easy to Use.
Apr 12, 2024 · Canadian Red Book is another popular tool powered by CARFAX. It focuses less on individual sellers and more on dealerships, insurance companies, and vehicle appraisers. It is also expensive, especially for the average car seller, with a $249.99 price tag for an annual subscription.
- Sell A Used Vehicle
- Buy A Used Vehicle
- Register A Used Vehicle
- Bill of Sale
- Fees
- Tax on Used Vehicles
- Emissions Test
If you are selling a vehicle to a close family member you may be allowed to transfer ownership of your vehicle to a family memberwithout paying the retail sales tax. Before you sell a used vehicle, you need to: 1. buy a Used Vehicle Information Package 2. make sure that the Vehicle Identification Number (VIN) on your vehicle matchesthe number on yo...
If you are buying a vehicle from a close family member you may be allowed to transfer ownership of the vehicle from a family memberwithout paying the retail sales tax. Before buying a used vehicle you should: 1. check the vehicle history – including maintenance records 2. check the vehicle’s emissions testing history on the emissions testing websit...
You must register your name as the new owner of the vehicle within 6 daysof the purchase. To register the vehicle, you need to visit a ServiceOntariocentre and bring the following: 1. proof of insurance 2. your Ontario Driver’s Licence 3. used vehicle information package (UVIP) 4. bill of Sale (you can use the bottom of the used vehicle information...
You must include the following information on a bill of sale for the purchase of a used or new vehicle: 1. vehicle identification number (VIN) 2. make, year and power source for motor vehicles (gas, diesel, electric) 3. body type, colour and model (if available) 4. purchase price (taxes collected and HST/GST number if applicable) 4.1. Some exemptio...
You need to pay fees to register your vehicle. Fees vary based on location, vehicle class and renewal term.
Who pays:the buyer pays the sales tax when you register as the new legal owner of the vehicle. You do not pay sales tax to the seller. How much: In most cases, buyers pay 13% RST in Ontario. The amount is based on the purchase price orthe vehicle’s wholesale value, whichever is greater. Appraisals: If the vehicle is 20 years old or older, you will ...
Heavy diesel commercial motor vehicles
Used heavy diesel commercial motor vehicles with a model year older than the current year require a valid emissions test passwhen they are sold in order to transfer the ownership. Applicable vehicles include transport trucks, pickup trucks, delivery vans, buses, tow trucks, dump trucks and cement trucks that have a registered gross weight of more than 4,500 kg and run on diesel fuel.
Light passenger vehicles and heavy non-diesel vehicles
As of April 1, 2019, light passenger vehicles (most cars, vans, SUVs and light trucks) and heavy non-diesel vehicles no longer require an emissions test.
Kelley Blue Book is a relatively new valuation tool in Canada. Like Black Book and CARFAX, it can give you a trade-in estimate once you provide the vehicle’s make, model, year, and trim. You can also view the average asking price for the car and even the average private seller price.
There are a number of different sources you can use to determine the value of a used vehicle. These include the Canadian Black Book, the Red Book, the Blue Book, the book for leisure vehicles, the “Hebdo” book, and sites like autoHebdo.net.
