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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 08-20-2010, 09:13 PM   #1
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Need answer fast: Do I have to pay HST if I am SELLING my car?

As titled, do I have to pay tax to the gov't on the proceeds from my car, or only the buyer needs to pay when he register the car at autoplan?
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Old 08-20-2010, 09:16 PM   #2
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buyer pays
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Old 08-20-2010, 09:16 PM   #3
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Only the buyer
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Old 08-20-2010, 09:25 PM   #4
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SUPER.

so it's cool if I lower the selling price on the title transfer paper so the buyer can pay less?
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Old 08-20-2010, 09:29 PM   #5
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It's up to the buyer to declare the value of the car.
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wtf did she get some bolt-on titties or what?
they look sooooooooooo much bigger than they were 2ish years ago.
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Old 08-21-2010, 02:07 AM   #6
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Quote:
Originally Posted by wouwou View Post
SUPER.

so it's cool if I lower the selling price on the title transfer paper so the buyer can pay less?
Autoplan Agent has a "Gold Book" for a used car's market value. If the buyer declares that value of your car is lower than the Autoplan Agent's said "Gold Book" value, they will be asking you for a reason to justify the price.

AFAIK though, they don't follow up on the validity of your reason though; but just keep in mind that you do have to think of one.
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Old 08-21-2010, 02:21 AM   #7
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I made up some bullshit saying how the buyer wanted to get rid of his car, hence why I declared $9000 when I actually bought the car for $13000.


Just come up with something believable I guess
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Old 08-21-2010, 08:50 AM   #8
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I made up some bullshit saying how the buyer wanted to get rid of his car, hence why I declared $9000 when I actually bought the car for $13000.


Just come up with something believable I guess
Is it even safe to say that in the public?
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Or you meet some girl at the club, cum inside of her, find out shes only in grade 12, so you buy a Prada bag for her to make things right, she finds out the bag is a fake and decides to have the kid
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wtf did she get some bolt-on titties or what?
they look sooooooooooo much bigger than they were 2ish years ago.
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I can't stand the sound of Mandarin either. Boo yow nee bey nee shing bo now noong gey shee mayo mayo mayo mayo mayo mayo mayo.
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Old 08-21-2010, 08:54 AM   #9
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Is it even safe to say that in the public?
lol yea no kidding, especially if you have your car posted here on RS and if cops can track it down somehow
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Old 08-21-2010, 09:20 AM   #10
what manner of phaggotry is this
 
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just put "needs work"
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Old 08-21-2010, 09:23 AM   #11
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buddy - just say "GIFT" .... no one checks the accuracy of those forms..
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Old 08-21-2010, 09:31 AM   #12
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Just say the car needs some repairs. Clutch job is always a good one. Autoplan don't really give a shit. They just need something to write down in the computer.
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Old 08-21-2010, 09:33 AM   #13
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Quote:
Originally Posted by keifun View Post
I made up some bullshit saying how the buyer wanted to get rid of his car, hence why I declared $9000 when I actually bought the car for $13000.


Just come up with something believable I guess
Ya cause the whole $240 you save is worth it, right!?... lol worth having ICBC come after you?
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Old 08-21-2010, 10:37 AM   #14
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Ya cause the whole $240 you save is worth it, right!?... lol worth having ICBC come after you?
Someone failed math. It's $480.

But yeah, you need a "good" reason to have the "price" lower than the market value. I forget what percentage it is where they start asking questions, something like 15% lower than the market value of the car.

In my case, I did pay less than market value for my car, and actually put what I paid, and still needed a reason.
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Old 08-21-2010, 10:48 AM   #15
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Quote:
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Ya cause the whole $240 you save is worth it, right!?... lol worth having ICBC come after you?
ICBC doesn't care how much tax you payed on the car just the government does.
and cars needing general repairs are often cheaper then those not so they get sold for less
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