02-26-2022, 10:45 AM
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#6
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I contribute to threads in the offtopic forum
Join Date: Jul 2010
Location: Neverland
Posts: 2,705
Thanked 641 Times in 339 Posts
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While we on the topic of new tax rules, I have some good news
https://driving.ca/auto-news/local-c...-vehicle-sales
Quote:
British Columbia was already one of the most incentivized places in Canada to purchase electric vehicles, having set the goal of having EVs make up 90 per cent of new car sales by 2030. And now, thanks to Provincial Sales Tax (PST) cuts announced in the province’s 2022 budget, it’s becoming even more EV-friendly.
Beginning on Feb 23, 2022, residents who purchase a pre-owned battery-electric vehicle in the western province will no longer have to pony up the extra cash for PST, previously set at 12 per cent on vehicles sold up to $124,999, 15 per cent on those between $125,000 and $149,999, and 20 per cent on those over $150,000.
Zero-emission vehicles will be completely exempt from PST when purchased as “used,” which the government defines as having been driven over 6,000 km.
But if you’re on the hunt for that lightly used Model 3, don’t wait too long because the exemption does come with a best-before date. The exemption will expire in five years, on Feb 22, 2027.
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