Kamloops is Truck Country
From the forestry roads to the Coquihalla, trucks are essential in the Interior. But buying a used workhorse in Kamloops often comes with a hidden cost: ICBC PST.
High Mileage = Unfair Tax
If you are buying a 2016 Ford F-150 with 250,000 km, you are buying a truck that has worked hard. You might pay 5,000 for it. However, ICBC's 'Black Book' system often assumes average mileage (e.g., 180,000 km) and average condition.
The system might value that same truck at 5,000.
The Math Hurts
- Tax on Book Value (5,000): ,000
- Tax on Purchase Price (5,000): ,800
- The Loss: You pay an extra ,200 in tax for value that doesn't exist.
Fight Back with an Appraisal
Don't pay tax on a 'clean' truck when you bought a work truck. A licensed appraisal from IC Appraisal BC proves the real value of the vehicle, accounting for high mileage, body damage, and mechanical wear.
We serve Kamloops and the entire Interior remotely. Just take photos, fill out our form, and get your report by email.
