Maple Ridge’s #1 Remote and In-Person Auto Appraisal Service!
Starting October 1st, 2022, if you’re buying a used vehicle privately in British Columbia, there’s a new tax rule. It’s based solely on a number called the Average Canadian Black Book Wholesale Value, which is decided only by the car’s Year, Make, and Model.
But here’s the catch: this number doesn’t consider important stuff like how the car looks, how it runs, how many miles it has, its maintenance history, or if it’s been in accidents. These things can seriously affect how much your car is really worth. If your car isn’t in tip-top shape in any of these areas, our team of Licensed Appraisal Experts is all set to do a thorough Professional Vehicle Appraisal.
We believe every used car is special and should be taxed based on its true worth, considering all the important stuff. That’s where our experienced experts at BC Auto Appraisals come in. We are here to give you expert advice and make sure your car transaction goes smoothly and fairly.
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.
Need a Vehicle Appraisal?
Here’s some good news: if your car isn’t in the best shape, it could actually save you money on taxes. Things like too many miles, mechanical issues, needed repairs, body damage, past accidents, and more can all add up to lower your tax bill. How? Through a Professional Vehicle Appraisal done by our licensed experts at BC Auto Appraisals.
When you’re getting a vehicle, our team is right there with you, making sure you keep your hard-earned cash by avoiding extra ICBC Vehicle Tax costs that you don’t need to pay.
And here’s the kicker: if our appraisal says your car is worth less than what ICBC’s Average Canadian Black Book thinks, don’t worry. You’ll only pay taxes based on the higher of the two values – either what we say or the private Purchase Price of your vehicle. It’s a fair deal that helps you save money on taxes.
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