GST+PST in buying USED CAR


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happy2004   
Member since: Jun 04
Posts: 176
Location:

Post ID: #PID Posted on: 18-02-05 12:25:17

Hi there,

Can anyone please explain the GST and PST in buying the used car ? Both the taxes apply or Just one GST !

Do they charge for any administarions fees ?

What other things may involved like plate, sticker....!

Thanks in advance.



faisal   
Member since: May 04
Posts: 661
Location: in the heart of Mrs Saga

Post ID: #PID Posted on: 18-02-05 12:32:19

Quote:
Orginally posted by happy2004

Hi there,

Can anyone please explain the GST and PST in buying the used car ? Both the taxes apply or Just one GST !

Do they charge for any administarions fees ?

What other things may involved like plate, sticker....!

Thanks in advance.




Yes, if you buy from a dealer, you pay both taxes.
If you buy privately, you pay only one of these taxes.
Yes you have to pay for the plate and sticker. I think both cost around 80 Dollars. The plate is a one time cost and the sticker is a recurring cost.


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Deal With Reality or Reality Will Deal With You


mercury6   
Member since: Jan 04
Posts: 2025
Location: State of Denial

Post ID: #PID Posted on: 18-02-05 14:54:32

So if i sell my car and charge one of the taxes (gst or pst) , do i keep it or have to declare it in the next filing of taxes?


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I once made a mistake, but I was wrong about it.


faisal   
Member since: May 04
Posts: 661
Location: in the heart of Mrs Saga

Post ID: #PID Posted on: 18-02-05 15:03:25

Quote:
Orginally posted by mercury6

So if i sell my car and charge one of the taxes (gst or pst) , do i keep it or have to declare it in the next filing of taxes?




Sorry, no idea about that!
Anyone else out there to help?


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Deal With Reality or Reality Will Deal With You


dfwrp   
Member since: Feb 04
Posts: 434
Location: GTA

Post ID: #PID Posted on: 18-02-05 15:12:30

Quote:
Orginally posted by mercury6

So if i sell my car and charge one of the taxes (gst or pst) , do i keep it or have to declare it in the next filing of taxes?



You don't collect any taxes when you sell your old car.. the guy who buys it from you will have to pay it when he goes for the Ownership transfer at the DMV.

And the new owner has to pay the taxes based on the value the DMV decides based on the year and model.. and mileage etc.


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