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12-06-2012, 05:54 PM
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#1
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2nd Gear Member
Join Date: Jun 2011
Location: Guelph, ON
Posts: 95
Car: Mazda 3
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Registering car as "unfit" title and paying taxes
Does anyone know how it works when you transfer ownership and register a car as unfit?
Are taxes still based on based on book value even though the car is unfit?
__________________
CURRENT: 2005 Mazda 3 Sport GS - Black Mica | 1998 BMW 328i - Montrealblau-metallic
GONE: 1992 Mazda Miata - Classic Red | 1986 BMW 325e - Burgundrot-Metallic
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12-06-2012, 06:07 PM
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#2
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Classifieds Moderator
Join Date: Apr 2003
Location: T.Dot / FL
Posts: 9,772
Car: M3
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Yes, taxes are the same no matter how it's registered.
Either based on what you paid on the bill of sale or the price listed on the UVIP whichever is greater. Unfit allows you to get a temp permit so that you can get the car safetied and emission tested at which point you go back and have it changed over to fit while registering or getting a new plate/valid sticker for it.
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12-06-2012, 06:11 PM
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#3
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2nd Gear Member
Join Date: Jun 2011
Location: Guelph, ON
Posts: 95
Car: Mazda 3
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Ok thanks.
__________________
CURRENT: 2005 Mazda 3 Sport GS - Black Mica | 1998 BMW 328i - Montrealblau-metallic
GONE: 1992 Mazda Miata - Classic Red | 1986 BMW 325e - Burgundrot-Metallic
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12-06-2012, 09:22 PM
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#4
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MaXsponsor
Join Date: Feb 2002
Location: Ontario
Posts: 15,629
Car: OE///M
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With "unfit" you can NOT get a temp permit!!! Car must be towed and safety done, after this you can register as "fit/temporary" and drive it to get etest. If the car is over 20 years old, more things are needed! If this is the case let me know, I did 4 visits to the DMV last week just on ONE transfer for 25 year old car!
__________________
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12-06-2012, 09:25 PM
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#5
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2nd Gear Member
Join Date: Jun 2011
Location: Guelph, ON
Posts: 95
Car: Mazda 3
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I'm not worried about moving it. My friend has a dealer plate and can help me move the car around. I'm more so concerned with how to pay the least amount of tax.
Since the car needs work, and I obviously paid less than book value (because it needs work), seems unfair that I will still be taxed book value.
__________________
CURRENT: 2005 Mazda 3 Sport GS - Black Mica | 1998 BMW 328i - Montrealblau-metallic
GONE: 1992 Mazda Miata - Classic Red | 1986 BMW 325e - Burgundrot-Metallic
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12-06-2012, 10:14 PM
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#6
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Classifieds Moderator
Join Date: Apr 2003
Location: T.Dot / FL
Posts: 9,772
Car: M3
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Seems like things have changed slightly.
Phil is right if the car is bought unfit, however most aren't unless you are buying a salvage or crashed vehicle.
The whole point of a temp permit was so that you can get a safety n etest.
Quote:
Temporary vehicle permits
A temporary vehicle permit allows you to drive for short-term purposes only. For example, you can use this permit to drive a vehicle to a:
licensing office
garage (e.g., to satisfy Safety Standards Certificate or Drive Clean requirements)
Get a temporary vehicle permit
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According to this:
http://www.ontario.ca/driving-and-ro...ate-validation
You can get it as long as when the seller gives you and signs the ownership it is in a 'fit' state.
Before they allowed you to do the transfer making it unfit until you complete the process.
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12-08-2012, 10:26 AM
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#7
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1st Gear Newbie
Join Date: Apr 2012
Location: woodbridge
Posts: 42
Car: 90 325i, 84 rabbit
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If you paid less then get a appraisal and you pay tax on the assessed value of the car
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12-08-2012, 01:08 PM
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#8
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aka ROOFLESS
Join Date: Apr 2007
Location: sauga
Posts: 472
Car: ///M3
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Somone on this site said that to pay the least amount of tax, they tell the DMV teller that a friend who is traveling for a year gave the car to him to drive while he is away. For insurance reasons the car has to be in his name but he is not buying it, just borrowing it. It is at their disrection if they want to help you out and lower/exempt the taxes.
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12-11-2012, 03:08 AM
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#9
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MaXsponsor
Join Date: Feb 2002
Location: Ontario
Posts: 15,629
Car: OE///M
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Quote:
Originally Posted by IChopCars
Somone on this site said that to pay the least amount of tax, they tell the DMV teller that a friend who is traveling for a year gave the car to him to drive while he is away. For insurance reasons the car has to be in his name but he is not buying it, just borrowing it. It is at their disrection if they want to help you out and lower/exempt the taxes.
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nah, you just tell them its not you, its your dog who's using it, so you wont have to pay any tax!
Jokes aside, no way this works! If you transfer something, you ARE the owner, and pay tax!
__________________
BIMMER HEAVEN
Specialized in BMW recycling, all OEM used parts
Up to 90% off new cost!!!
Most models E30 E36 E46 E90 E92 E93 E28 E34 E39 E60 E61 E32 E38 E65 E66 X3 X5 M3 M5 Z4 F30 F32
Call 11-8PM 416 821-2578
New inventory daily. 100+ cars now in stock!
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12-11-2012, 09:55 AM
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#10
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5th Gear Member
Join Date: Aug 2004
Location: Los Angeles
Posts: 963
Car: '03 M5, '85 M5,
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The only time you don't have to pay taxes if it's a gift between spouses or certain immediate family members.
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12-11-2012, 10:43 AM
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#11
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6th Gear Member
Join Date: Mar 2004
Location: Toronto
Posts: 3,176
Car: E36 turbo
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Quote:
Originally Posted by Steven325e
I'm not worried about moving it. My friend has a dealer plate and can help me move the car around.
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I'm 99% sure that it is illegal to do this... A car cannot be "unfit" and used on the road period. That means a dealer plate cannot be used.
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E36 · DYNO · TUNING · WIRING · PARTS
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12-11-2012, 03:23 PM
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#12
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aka ROOFLESS
Join Date: Apr 2007
Location: sauga
Posts: 472
Car: ///M3
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Quote:
Originally Posted by NOTORIOUS VR
I'm 99% sure that it is illegal to do this... A car cannot be "unfit" and used on the road period. That means a dealer plate cannot be used.
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Dealer plates are used all the time on unfit cars. Wholesalers come to my dealership all the time and drive away old cars that were just traded in. Technically, all those cars are unfit because they have not had safety/etest done yet. Although the car cant be obviously unsafe to drive. But dealers do it all the time. Move a car from one lot to another with bald tires, burnt out brake lights etc...
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12-11-2012, 06:47 PM
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#13
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6th Gear Member
Join Date: Feb 2004
Location: Toronto, Canada
Posts: 5,381
Car: 2011 BMW 323I
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Quote:
Originally Posted by Eurostyle
With "unfit" you can NOT get a temp permit!!! Car must be towed and safety done, after this you can register as "fit/temporary" and drive it to get etest. If the car is over 20 years old, more things are needed! If this is the case let me know, I did 4 visits to the DMV last week just on ONE transfer for 25 year old car!
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I can't see the logic unless it can not pass the e-TEST. iF you are going to tow it and do safety, why would't you do the e test along eveything and be done with it.
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12-11-2012, 07:09 PM
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#14
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MaXsponsor
Join Date: Feb 2002
Location: Ontario
Posts: 15,629
Car: OE///M
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Quote:
Originally Posted by lvan
I can't see the logic unless it can not pass the e-TEST. iF you are going to tow it and do safety, why would't you do the e test along eveything and be done with it.
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It's a sefety issue! If you can get a certification, chances are the car won't fall apart on the road! It's made the keep shitty cars off the road untill they get inspected.
__________________
BIMMER HEAVEN
Specialized in BMW recycling, all OEM used parts
Up to 90% off new cost!!!
Most models E30 E36 E46 E90 E92 E93 E28 E34 E39 E60 E61 E32 E38 E65 E66 X3 X5 M3 M5 Z4 F30 F32
Call 11-8PM 416 821-2578
New inventory daily. 100+ cars now in stock!
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12-11-2012, 07:13 PM
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#15
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6th Gear Member
Join Date: Feb 2004
Location: Toronto, Canada
Posts: 5,381
Car: 2011 BMW 323I
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Oh okay. So it's geared towards the safety. Sounds good.
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