Taxes for an 01
#2
Senior Member
Tax on used vehicles
Who pays: the buyer pays the sales tax when you register as the new legal owner of the vehicle. You do not pay sales tax to the seller.
How much: In most cases, buyers pay 13% RST in Ontario. The amount is based on the purchase price or the vehicle’s wholesale value, whichever is greater.
Who pays: the buyer pays the sales tax when you register as the new legal owner of the vehicle. You do not pay sales tax to the seller.
How much: In most cases, buyers pay 13% RST in Ontario. The amount is based on the purchase price or the vehicle’s wholesale value, whichever is greater.
#5
#6
Senior Member
A quick look on AutoTrader shows 5 2001 F150's averaging about $5000 so 13% on that is about $650
Again, you pay 13% sales tax on the sale price or the wholesale value, whichever is greater
Again, you pay 13% sales tax on the sale price or the wholesale value, whichever is greater