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When you sell. When you sell your vehicle, you need to give the buyer: the Used Vehicle Information Package. a signed Bill of Sale with your name, the buyer’s name and address, the date and purchase price. a completed and signed Application for Transfer — this is found on the back of an ownership permit, under the vehicle portion.
Once you buy the vehicle, you'll owe a 13% retail sales tax (RST) on the motor vehicle, regardless of whether you purchase from a private seller or a dealer. Beware of Curbsiders. Curbsiders, or the Canadian term for an unlicensed car salesman, are problematic throughout Ontario and the rest of Canada.
How to register a car in Ontario. When you buy a used car, you will need to register it with ServiceOntario within six days of purchase. There you will be given a vehicle permit and license plate. To register a vehicle, you will need: The price of registering a vehicle for residents in Ontario is as follows.
Tax on used cars. In Ontario, when purchasing a used car either privately or from a dealership, the person buying the vehicle will pay the sales tax when you register as the legal owner of the used car. The amount of tax you pay can be different though, according to Ontario.ca “In most cases, buyers pay 13% RST or HST in Ontario. The amount ...
If you received a damaged used vehicle information package when buying a used vehicle from a private seller contact the seller. If you have a used vehicle information package from ServiceOntario which has been damaged please contact ServiceOntario for a replacement: Tel: 416-235-2999 (GTA) Toll-free: 1-800-387-3445 (Canada) Related forms
Step 4: Purchase. If everything checks out and you decide to begin the process of purchasing the vehicle, the first thing you’ll need to do is arrange for a safety-focused vehicle inspection. In Ontario, you’ll need to supply proof of a passed safety inspection at a ServiceOntario location in order to legally put licence plates on the ...
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Sep 8, 2022 · Mileage – Make sure you know how far the car has been driven by previous owners. In Ontario, the average car is driven 16,000 km per year. You may want to determine the maximum mileage that is acceptable for you before shopping or consider asking the seller for a discount if the mileage is above the annual standard.