Kelowna’s #1 Remote Auto Appraisal Service!
At BC Auto Appraisals, we’re here to make your vehicle purchase in Kelowna more tax-friendly. Starting from October 1st, 2022, there’s an important change for people in British Columbia who are buying used vehicles privately. It’s all about Transfer Tax, and it’s calculated based solely on a number known as the Average Canadian Black Book Wholesale Value, which is determined only by the car’s Year, Make, and Model.
But here’s the thing: this number doesn’t take into account the important stuff like your car’s appearance, how well it runs, how many miles it’s travelled, its maintenance history, whether it’s been in accidents, or any other factors that can make a big difference in your car’s real value. If your car doesn’t quite measure up in any of these areas, don’t worry. Our team of Licensed Appraisal Experts is ready to provide you with a thorough Professional Vehicle Appraisal.
We believe that every used vehicle is unique and should be taxed based on its true value, taking into consideration all the important factors. Our experts at BC Auto Appraisals are here to guide you through the process, ensuring a smooth and fair transaction for you.
Complete our Online Form to Get Started!
Valid for Up to 30 Days After Vehicle Purchase
You can either complete our online form or call us directly at:
Submit Required Vehicle Information
A representative will request all essential information and available records to accurately evaluate your vehicle remotely or in person. This will include photos and video for remote appraisals, which will assist in determining the vehicle's True Value.
A Licensed Appraisal Expert will thoroughly inspect and review all submitted evidence and documentation. A FIN-320 Appraisal Form will be completed by our Licensed Agents as required by ICBC.
Receive Your Report
Once finalized, you will receive the completed FIN-320 Appraisal Form to submit to your Local Insurance Broker or Government Agency.
Get a Vehicle Appraisal?
Did you know that your vehicle’s less-than-ideal condition might actually save you money on taxes? Factors like high mileage, mechanical issues, maintenance needs, body damage, past accidents, and more can lead to a lower tax bill when your vehicle undergoes a Professional Vehicle Appraisal by our licensed experts at BC Auto Appraisals.
As you navigate your vehicle purchase journey, our team is here to assist you in safeguarding your hard-earned money by helping you avoid unnecessary ICBC Vehicle Tax expenses.
What’s more, if BC Auto Appraisals’ assessment value ends up being lower than ICBC’s Average Canadian Black Book valuation, there’s no need to worry. You’ll only be taxed based on the higher of the two values: either BC Auto Appraisals’ assessment or the private Purchase Price of your vehicle. This ensures a fair and accurate taxation process that reflects your vehicle’s true worth, all while helping you manage your finances wisely.
Example Vehicle Appraisal: 2012 Toyota Prius ex-Taxi (702,455 km)
ICBC Tax Calculation:
ICBC’s taxation system disregards the vehicle’s condition and mileage.
- Canadian Black Book Average Wholesale Value: $14,926
- 12% Tax: $1,791.12
BC Auto Appraisals Assessment:
Our expert assessment accounts for the vehicle’s unique condition and mileage.
- Appraisal Expert Assessed Value: $2,200
- 12% Tax: $264
Savings with BC Auto Appraisals Assessment: $1,527.12