Even private sales here in Canada are taxed when you register the
vehicle. They go by the book value or receipt or appraisal.

I had a $500.00 van that the book said was worth 4500! Got that
appraised for $400.00 and paid taxes on that.

Mike

y_p_w wrote:
>
> Mike Romain wrote:
> > Don't forget about taxes! You are entitled to the taxes also if they
> > are charged in your area. You had to pay them on the first vehicle, so
> > they are part of replacement. Same for dealer prep and gas.
>
> My car was "totaled" after it was stolen and stripped for parts. The
> value of parts gone was probably less than the value I got, but then
> there's the labor. Also - a lot of stripped cars tend to have tiny
> problems that seem to go on forever. I got a list of local for sale
> offers for similar cars, which were used to arrive at a value. The
> adjuster was telling me that the offer was likely more than I could
> have realistically sold it for. I thought I might have been able to
> sell for $4500, but I got almost $7000 from the insurance.
>
> I haven't heard of sales tax in private sales. That's basically what
> my offer was based on. I was thinking of selling it anyways so I
> didn't have to put out the effort.
>
> > Also don't forget that the adjuster doesn't get paid until your case is
> > off his desk. It gives you a bit of leverage.
>
> How's this for irony? Not only did I get the total value, but my
> insurance company paid for my registration fees (pro-rated of course).
> Since my car was no longer insured, I also got a pro-rated refund of
> my insurance on the car. It wasn't that much, since I had two cars
> and there's an incremental amount for the second car. It was still
> a few hundred bucks.