I don't think anyone should be in favour of a tax which only taxes the have-nots so-to-speak... of the car buying public, the ones who are buying used are often not doing it by choice. Also, as mentioned by numerous others, there's zero reason a government should collect tax on the sale of used items. None. You sell your baseball card or armchair or whatever else to someone on CL that person doesn't pay tax... why for cars? Because of the Automobile Dealers Association. They've had their hands in the government's pocket since the beginning of time wielding their power to keep the 12% tax in place after HST got gonged and allowing rules that let them screw people on deposits and trade-ins for as long as they've even existed.
I mean, honestly, why should a family trying to buy a 10 year old Honda Odyssey with 150,000kms on it for $15,000 pay $1800 in tax on it? Someone else already paid $5,000+ in taxes on it when it was new, the government got its cut at that point in time and that should be it. And that's assuming said family is only the second owner... not the 3rrd or 4th. It's fucking ridiculous.
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Originally Posted by donk.
In regards to buying a car and not knowing the "wholesale price" you can call autoplan, and get them to give you a tax estimate
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I used to do this to check what I should put down sometimes for purchased amounts... insurance places now say they can't do it anymore/won't do it... been out of luck for a couple years... the value doesn't show up until they are doing the transfer and input the car's information.
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heck maybe this will make people think twice about flipping
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Just gonna see lots of people with transfer papers signed by previous owner...