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DJ Milk 05-16-2019 12:17 AM

Quote:

Originally Posted by vitaminG (Post 8948162)
^Bruh PST is 7% gst is 5%, you've had to pay both on used cars since they got rid of the HST and dealers lobbied to have both taxes on private sales so privates wouldn't have an advantage.

That being said only the buyer is evading taxes so I would think it would be on them.

Actually Jmac is right. Used car from a dealership is charged 5% GST and 7% PST. Used cars on a private sale is charged 12% PST. Either way it's still 12% tax.


https://www.icbc.com/brochures/Pages...-vehicles.aspx
https://turbotax.intuit.ca/tips/tax-...bia-canada-156

Edit : Damn it, I didn't see 68style post above me

The Producer 05-16-2019 07:21 AM

Quote:

Originally Posted by DJ Milk (Post 8948168)
Actually Jmac is right. Used car from a dealership is charged 5% GST and 7% PST. Used cars on a private sale is charged 12% PST. Either way it's bullshit


FTFY :drunk::drunk:

sonick 05-16-2019 07:38 AM

Quote:

Originally Posted by 68style (Post 8948165)
You're wrong, Jmac is right... for private sales it's a special 12% version of the PST. There is no GST.

https://www.icbc.com/brochures/Pages...-vehicles.aspx

Quote:

Originally Posted by DJ Milk (Post 8948168)
Actually Jmac is right. Used car from a dealership is charged 5% GST and 7% PST. Used cars on a private sale is charged 12% PST. Either way it's still 12% tax.


https://www.icbc.com/brochures/Pages...-vehicles.aspx
https://turbotax.intuit.ca/tips/tax-...bia-canada-156

Edit : Damn it, I didn't see 68style post above me

You can thank the fucking morons who voted to repeal the HST for that

/rant.

EDIT: 68style is correct, I totally misremebered the situation. Complete knee jerk reaction and brain fart there.

Gh0st 05-16-2019 08:14 AM

okay thanks so the consensus is as the seller I am likely not to have any liability for selling the car under market value then..?

68style 05-16-2019 08:59 AM

Quote:

Originally Posted by sonick (Post 8948181)
You can thank the fucking morons who voted to repeal the HST for that

/rant.

Why? HST was the opportunity the government used to increase private sales to 12%, it should have gone back to 7% when the HST was repealed but it didn't.

There's no one to blame except the collusion that occurred between the provincial government and the new car dealers association for quietly sliding that change through even when HST was repealed. You want to blame someone, contact these guys: https://www.newcardealers.ca/

Quote:

Originally Posted by Gh0st (Post 8948187)
okay thanks so the consensus is as the seller I am likely not to have any liability for selling the car under market value then..?

I don't think you're entirely in the clear. I think the buyer is the one they'd go after for money since that's all the government cares about anyway, but that said the APV9T very clearly has a red box around the selling price that you are declaring in the sale and below that the legalese reads something to the effect that by signing here you are guaranteeing you have not received anything above and beyond the consideration you wrote in that box.

Up to you man. You're still signing a legal document with a value you declared on it that you knew to be false. You could always just claim ignorance though or say that you signed the form and handed it off and it was out of your hands when the actual ownership transaction took place (this happens quite commonly) :)

sonick 05-16-2019 09:28 AM

Quote:

Originally Posted by 68style (Post 8948194)
Why? HST was the opportunity the government used to increase private sales to 12%, it should have gone back to 7% when the HST was repealed but it didn't.

There's no one to blame except the collusion that occurred between the provincial government and the new car dealers association for quietly sliding that change through even when HST was repealed. You want to blame someone, contact these guys: https://www.newcardealers.ca/

You are right here, complete brain fart on my part of the sequence of events during that whole fiasco. Fail on my part.

originalhypa 05-16-2019 10:34 AM

Quote:

Originally Posted by 68style (Post 8948194)
Spoiler!

There's no one to blame except the collusion that occurred between the provincial government and the new car dealers association for quietly sliding that change through even when HST was repealed. You want to blame someone, contact these guys: https://www.newcardealers.ca/

Spoiler!

It was yet another example of gov't catering to a small group of powerful individuals. Just like the taxi cartels, the real estate tycoons, the casino investors, et al.

The Producer 05-16-2019 11:38 AM

Quote:

Originally Posted by originalhypa (Post 8948210)
It was yet another example of gov't catering to a small group of powerful individuals. Just like the taxi cartels, the real estate tycoons, the casino investors, et al.

dealers may have pushed for it, but the provincial gov are the ones raking in the extra coin, not the dealerships. the issue here is that a HUGE stink wasn't made about it by the public 6 years ago when the HST was repealed.:yuno:

THIS THREAD NEEDS A GOOD BUY STAT

I posted this one before, and assumed it sold quick, but I think it's the same owner a month later. I think it's up a few bucks but it's still a good deal, and the repost sometimes shows while the price has gone up, the bottom line may not have. I'd go into this one in the very low 30's

Would be hard to take the yellow cayman over this

https://vancouver.craigslist.org/rds...890020315.html

https://images.craigslist.org/00U0U_...Iq_600x450.jpg

Energy 05-16-2019 12:21 PM

That’s definitely a better deal!

underscore 05-16-2019 04:01 PM

Quote:

Originally Posted by 68style (Post 8948194)
I don't think you're entirely in the clear. I think the buyer is the one they'd go after for money since that's all the government cares about anyway, but that said the APV9T very clearly has a red box around the selling price that you are declaring in the sale and below that the legalese reads something to the effect that by signing here you are guaranteeing you have not received anything above and beyond the consideration you wrote in that box.

Just sell the car cheap and sell some accessory (winter tires, floor mats, whatever) for an inflated price as a separate transaction. They can still pull that bullshit on the buyer but the seller should be in the clear unless it's somehow illegal to sell overpriced car parts.

GS8 05-16-2019 07:56 PM

https://images.craigslist.org/00L0L_...z_1200x900.jpg

https://vancouver.craigslist.org/rds...890484668.html

This one's for Topsy Crett

twitchyzero 05-16-2019 09:25 PM

old neighbor in the 90s had one
damn can't believe 90s chrysler is of that vintage today

68style 05-16-2019 10:45 PM

He keeps saying tan and yellow like they're so distinct from each other..... maybe it's my shitty Asus screen but I'm like bruh... they're practically the same awful colour lol

adrnlnrush00 05-17-2019 07:55 AM

Quote:

Originally Posted by DJ Milk (Post 8948168)
Actually Jmac is right. Used car from a dealership is charged 5% GST and 7% PST. Used cars on a private sale is charged 12% PST. Either way it's still 12% tax.


https://www.icbc.com/brochures/Pages...-vehicles.aspx
https://turbotax.intuit.ca/tips/tax-...bia-canada-156

Edit : Damn it, I didn't see 68style post above me

Here's an unsolicited tax tip for you business owners out there. If you are a GST registered business and you are buying a vehicle for business use, you will get the GST input tax credit (subject to limitations) on the vehicle's purchase price if buying the vehicle from a car dealership (because 5% GST). Whereas, if you buy the vehicle privately, you are paying 12% PST and therefore not entitled to a GST input tax credit because you did not pay GST. The PST then gets capitalized to the cost of the vehicle and amortized in accordance with the capital cost allowance rules.

It's something to consider when you have two similar and closely priced vehicles but one is from a dealership and the other a private sale.

68style 05-17-2019 08:23 AM

^
You'll more than make up for that savings buying private because a private seller's price is going to be way more than 5% cheaper than any dealership will price the equivalent car for 99/100 times.

hud 91gt 05-17-2019 08:35 AM

^ that makes sense on new vehicles. I just purchased my latest vehicle from a VW dealership for a good price. All other vehicles I’ve purchased have been private.

What a treat. All fluids topped up. Vehicle inspection, fulltank of gas, full polish and chip fills after I purchased and work done without my even knowing. I was pretty happy with the dealership experience. Something I always frowned upon before.

Matsuda 05-17-2019 08:45 AM

1 Attachment(s)
Attachment 30690

https://vancouver.craigslist.org/van...888097618.html

tofu1413 05-17-2019 08:48 AM

steep.

i think the RS6's are going for upper 20's

whitev70r 05-17-2019 09:08 AM

^^ heavy rare unicorn tax there.

Couple of RS6 Avants posted for cheaper - 04, RS6 Avant, $36K

https://vancouver.craigslist.org/van...889909524.html

https://images.craigslist.org/00101_...pS_600x450.jpg

underscore 05-17-2019 11:55 AM

Quote:

Originally Posted by 68style (Post 8948282)
He keeps saying tan and yellow like they're so distinct from each other..... maybe it's my shitty Asus screen but I'm like bruh... they're practically the same awful colour lol

I want to say the first picture is the tan one and the second is yellow? What blows me away is that they're from the same year, how bland was the person at Chrysler who decided they needed two pale beige's available?

vitaminG 05-17-2019 04:05 PM

Just needs some flares, maybe a 20v. If I'm not mistaken you can modify 74 and earlier and still get collector discount

1970 corolla sprinter ke15 - $13500 (Surrey)

https://images.craigslist.org/01313_...9q_600x450.jpg

68style 05-17-2019 04:19 PM

^ You can indeed, he’s already got the 4age in there 20v isn’t worth it... that price is a bit heady tho

kjlks 05-18-2019 12:06 AM

https://vancouver.craigslist.org/van...876919657.html
Eunos Cosmo, doesn't have the 3 rotor 20b but pretty cool nonetheless

StanleyR 05-18-2019 11:59 AM

Quote:

Originally Posted by underscore (Post 8948323)
I want to say the first picture is the tan one and the second is yellow? What blows me away is that they're from the same year, how bland was the person at Chrysler who decided they needed two pale beige's available?

Yeah but you gotta understand that in the 70's, all shades of brown were VERY hot.
Also the Chrysler New Yorker was the North American equivalent to what a Bentley is today (or at least an MB S class).

punkwax 05-18-2019 09:13 PM

^ that’s a bit of a stretch but I’ll never forget how nervous I got watching a friend steal the crystal Chrysler symbol off of one to impress some older kids.

https://i.pinimg.com/originals/6d/31...1741f51d13.png


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