What tax do I pay if I purchase a car?

For used vehicle purchases, you pay 10% buyer's premium and the GST/HST on the final hammer price. When you buy a vehicle in Ontario and transfer the vehicle at the Ministry of Transportation, you just need to show the invoice. However, if they state that the vehicle is worth more than the sale price, you may need to pay extra tax. MaxSold's GST/HST number is 835321050RT0001. 

In addition, you may be required to pay the provincial motor vehicle tax when you register the vehicle. Your provincial government imposes and administers this tax, which is separate from the GST/HST.

If you have more question, please contact Maxsold (support@maxsold.com) and we will be happy to help you. 

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