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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.
File a claim for compensation. The Motor Vehicle Dealers Compensation Fund protects your deposits or payments up to $45,000, if a registered dealer fails to deliver on any part of the purchase or warranty. You can apply for compensation up to 2 years after the dealer refuses or is unable to return your payment. How to apply for compensation.
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
18. Reply. LLVC87. • 3 yr. ago. At the Ford dealership near me they said “as is” means it’s not certified and that for $220 no refundable fee their shop could take a look and let me know if it was $0 or $5,000 in repairs that the car needed and certify it for me if I choose to continue with the purchase. 4. Reply. Fallenangella.
The law provides stiff penalties for persons who buy or sell vehicles without using the Package – on a first offence a fine of $100 – $500, and on a second or subsequent conviction, a fine of $200 – $1,000. Some sales of vehicles are exempt from the use of the package, such as transfers among certain family members, spouses and same-sex ...
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In Ontario there is no cooling-off period when it comes to buying or leasing a car. Sales are final once contracts are signed unless the dealer has failed to make certain specified disclosures. The MVDA allows you to cancel a contract within 90 days of delivery of a vehicle if the dealer and contract fails to disclose, or fails to disclose in a timely way:
