tax question for BC Purchasers

[DB88]

So I"m looking at potentially buying a used 100Km RIT of someone or going the route and buying one of the R1 shop. I'm trying to find out what taxes need to be paid in BC. There seems to be some debate on what is being paid and if there is luxury tax on there trucks. Can anyone chime in with details from there purchase. Either truck will be over $120,000 purchase price. thanks in advance. Cheers

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[MidnightRivian]

Get your Toonies ready for Trudeau and Taxes.

 

[Haulin Oats]

If it’s a private sale, with only 100kms, you will pay 15% tax when you register the truck.

 

[crashmtb]

If it’s a private sale, with only 100kms, you will pay 15% tax when you register the truck.

No PST on used EVs. GST only.

https://www.icbc.com/brochures/Pages/pst-on-vehicles.aspx

 

[nelw]

What I paid last week for brand new R1S. I believe the $4,500 over 100k is levied the luxury tax (20% of 4500 is $900 extra luxury tax)

 

[Wolffe]

Vehicle is exempt from Federal Luxury tax as its weight is just above the program threshold.

 

[Haulin Oats]

No PST on used EVs. GST only.

https://www.icbc.com/brochures/Pages/pst-on-vehicles.aspx

correct. as long as the car has over 6000kms unless you're buying it from a dealership.

 

[DB88]

Thank you all for responding ! this helps and clarifies things. NELW. thank you for sharing your purchase info. Much Appreciated !! I have found a used RIT with 20km... so new. Original reservation holder is selling it. Obviously charging more.. but that is the benefit of being smart and ordering years ago ...haha

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