Purchasing Used Vehicles in Canada
The sale of used vehicles is big business in Ontario: every year one million used vehicles change hands in the province. Ontario law dictates that private sellers of used vehicles must provide their buyers with a Used Vehicle Information Package. This package will guide the automobile buyer through the process of buying a vehicle and familiarize them with their responsibilities.
The Used Vehicle Information Package includes a description of the vehicle: the Vehicle Identification Number; the plate number; the year, make, and model of the vehicle; the color; and other pertinent information. The package will also contain an Ontario used vehicle registration history report, odometer information, any outstanding debts linked to the vehicle, and wholesale and retail tax values.
American residents who wish to purchase vehicles in Canada are allowed to do so, provided the vehicles are used and not brand new. This clause is not a customs issue, but an Auto Pact agreement between dealers in Canada and America. American residents may acquire a used vehicle from any Ontario car dealer for the purchase price. They must also provide proof that they are non-residents of that province. Non-residents are not required to pay any taxes except for the goods and services tax.
Buyers must also obtain either a Manufacturer’s Statement or Certificate of Origin and Vehicle Title. These are Provincial documents that dealers must fill out. Buyers also need to obtain a Bill of Sale, stating that they are the owners of the vehicle. Moreover, non-residents are not allowed to lease vehicles from a Canadian dealership. Non-residents should also consider purchasing used cars for sale in Barrie from dealerships that local residents trust.
Non-residents also need to purchase a 7 day license and insurance card or sticker. Even if the vehicle will be insured by an American based insurance company, non-residents still need a 7 day license in lieu of a driver’s license. Both US and Canadian state patrols accept this license at border check points. Non-residents should ask dealers of used cars for sale in Barrie for assistance when applying for a 7 day license.
Before returning to America, buyers should contact the vehicle manufacturer about 2-3 weeks before departure. They should verify if the vehicle complies with all applicable U.S. Federal Motor Vehicle Safety Standards. Buyers can eliminate any dilemmas by purchasing used cars for sale Barrie dealers can verify with a VIN and vehicle history report.
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