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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.
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.
Buying a used car can be stressful, and there isn’t a standard 30-day warranty on a used car in Ontario, so you’ll need make sure you have all the tools before you buy. Whether purchasing from a private seller or a dealership, OMVIC, the Ontario Motor Vehicle Industry Council , is a resource that maintains a fair and informed marketplace by protecting the rights of consumers.
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.
Buy this package if you are selling a used vehicle privately in Ontario Show it to all prospective buyers Give it to the buyer when you sell your vehicle. To purchase a Used Vehicle Information Package: Use the ServiceOntario Driver and Vehicle Online Services Visit any Driver and Vehicle Licence Issuing Office
People also ask
How do I buy a used vehicle in Ontario?
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Can I buy a used car privately in Ontario?
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What should I know before buying a used car in Ontario?
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
