You can usually find a car’s VIN on the interior of the driver’s door or on the driver’s side dashboard when you look in from the windshield. You need a VIN on a bill of sale to prove that you are buying or selling the specific car that matches the VIN.ĭouble-check the VIN listed on the bill of sale and ensure it’s the same number on the vehicle and the owner’s permit. The vehicle identification number (VIN) is the unique identifier for every vehicle manufactured worldwide.

Here are the fields that a bill of sale needs to have: Vehicle Identification Number (VIN) If you’re selling a car in Ontario, you’ll find a bill of sale ready to be filled up in the Used Vehicle Information Package that you’re legally required to give to a buyer.Īs long as a bill of sale has all the required information filled in, it is legally binding. You can find free templates for a bill of sale at LawDepot or LegalContracts. You can even have a handwritten bill of sale if you’re in a hurry. To write a bill of sale, you can either fill in a bill of sale template or write it yourself. The amount of taxes owed is determined by either the purchase price listed in the bill of sale or the wholesale value of the automobile determined by the Canadian Red Book, whichever is greater. Private sales have retail sales tax (RST) and commercial sales have harmonized sales tax (HST), though both have the same rate of 13%. A car bill of sale will have a section dedicated to the selling or purchase price of a vehicle, with that price determining how much the buyer has to pay in sales taxes.

When selling or buying a vehicle in Ontario, you must be aware of sales taxes. A bill of sale is one of the documents you must submit to a ServiceOntario centre to register your vehicle. If you buy a used vehicle in Ontario, you’ll need to register it within six days of the purchase being made. Without this document, a buyer can’t legally claim the right to a car’s ownership. To transfer ownership of a car, you need to have a completed bill of sale with the signatures of both the buyer and the seller. Here are a few reasons why you need a bill of sale: Transfer of OwnershipĪ bill of sale acts as legal proof of a car’s ownership. Without a bill of sale, you’ll run into a lot of trouble when registering your car or applying for the legally mandated auto insurance you need to be able to drive. You need a car bill of sale in Ontario to prove that you legally own a car. Why Do You Need a Bill of Sale in Ontario?

Simple used car bill of sale