Interested information:
http://www.canadianautoworld.ca/article/100881/
If you buy a used car from your friend, Government tax you based on Black Book, not the value you reported.
If you plan to trade in your NEW car after four years, better buy a car with the most retained value. Another option is lease a car with best retained value.
http://www.canadianautoworld.ca/article/100881/
If you buy a used car from your friend, Government tax you based on Black Book, not the value you reported.
If you plan to trade in your NEW car after four years, better buy a car with the most retained value. Another option is lease a car with best retained value.