Tax Season & Family Cars
For families in the Tri-Cities (Coquitlam, Port Coquitlam, Port Moody), tax refund season is often the time to upgrade the family vehicle. Whether you need a bigger SUV for road trips or a safer commuter for the Lougheed traffic, buying privately can save you money.
But ICBC wants their cut.
The 'Average Wholesale' Problem
When you buy a used SUV privately, ICBC charges 12% PST on the 'Average Wholesale Value'. This value assumes the car is dealer-ready. But private sales often need tires, brakes, or detailing.
If you buy a Highlander for 0,000 because it needs ,000 in work, but the book value says 4,000, you get hit with tax on the higher amount.
Keep Your Refund
Why give your tax refund back to the province in unnecessary car tax? An appraisal aligns the taxable value with the actual market value (purchase price).
Example: Reducing the taxable value by ,000 saves you 80. Our fee is only 5.
Simple, Online, Fast
You don't need to leave Coquitlam. Complete the appraisal process online from your driveway. We are fully licensed and ICBC-approved.
