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Make, Model, Year, Colour, Body Type, Mileage, and Engineįor further clarity, a bill of sale in Ontario should include the vehicle make, model, colour, body type, mileage/odometer reading, and engine (hybrid, electric, gas). The reason to include this on the bill of sale is to provide clarification and certainty that the vehicle you're purchasing is the one being sold.īe sure to compare the VIN on the bill of sale to the owner's permit and the VIN on the vehicle (usually found on the dash or inside the driver's side door) to ensure the numbers match. Vehicle Identification Number (VIN)Įvery vehicle manufactured across the globe comes with a vehicle identification number, or VIN. As a result, you’ll need to obtain a Safety Standards Certificate (SSC) on your own before you can register the vehicle. However, the seller makes no guarantee on the fitness of the vehicle. Note: If a car is being sold as-is, the bill of sale won’t look any different. Once you have a bill of sale in hand, make a copy for your own records as well as a backup in case you lose the original.
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But UVIPs aren't required in every Canadian province.įor example, if you were to buy a vehicle from a private seller in Alberta or New Brunswick, you need to know what goes on a bill of sale to ensure you don't have to make the long, arduous drive back to get another one. If you go through the UVIP page-by-page, you're certain to see the bill of sale that a buyer needs in order to register the car and pay taxes. The reason that it's relatively foolproof is that the bill of sale is included in the UVIP - the document you must legally present to a buyer. What To Include in a Vehicle Bill of Sale in Ontarioĭespite its importance in the purchase or sale of a used vehicle, a bill of sale is a straightforward document as long as it includes the correct and necessary information. While both tax rates are 13%, the tax amount is based on either the purchase price or the wholesale value determined by the Red Book in the UVIP (used vehicle information package), whichever is greater. For a commercial sale, it’s called a harmonized sales tax (HST). For a private sale, it’s known as retail sales tax (RST). This figure determines the amount of taxes the buyer pays. Sales TaxĮvery bill of sale in Ontario will have a section that asks for the purchase price or selling price of the vehicle. Without the bill of sale and a signature from the seller, a new owner can't legally claim rights to the car. Transfer of OwnershipĪ bill of sale is also vital when selling or buying a motor vehicle because it signifies the transfer of ownership from the legal owner to the buyer.
#SIMPLE CAR BILL OF SALE TEMPLATE REGISTRATION#
Registration cannot take place without a valid bill of sale. In Ontario, the buyer of a used vehicle must register the car within six days of the purchase date. As a result, you'll always need to produce a bill of sale whether you're selling or buying a vehicle. Although buying and selling vehicles is different throughout Canada, a bill of sale - similar to a sales receipt - is a vital document for the purchase or sale of a used vehicle in Ontario for numerous reasons: registration, transfer of ownership, and sales tax.