Victoria’s #1 Remote Auto Appraisal Service!
At BC Auto Appraisals, we want to help our customers in Victoria with saving tax on their vehicle. As of October 1st, 2022, British Columbians purchasing Pre-Owned Vehicles privately must pay Transfer Tax based on the Average Canadian Black Book Wholesale Value, determined by Year, Make, and Model.
This valuation does not encompass physical condition, mechanical state, mileage, maintenance history, accidents, or other variables affecting your vehicle’s worth. If your vehicle falls below average in any of these aspects, our Licensed Appraisal Experts can provide a Professional Vehicle Appraisal.
Each used vehicle is distinct, and we advocate for taxing based on its true value, considering all factors. BC Auto Appraisals’ experts can guide you through the process for a seamless transaction.
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.
Do You Need a Vehicle Appraisal?
Your vehicle’s below-average condition may qualify you for tax savings. Factors such as excess mileage, mechanical issues, maintenance needs, body damage, accident history, and more can reduce your tax liability when assessed with a Professional Vehicle Appraisal. BC Auto Appraisals’ licensed experts will assist you during your vehicle purchase, helping you retain your hard-earned money by avoiding unnecessary ICBC Vehicle Tax expenses.
If BC Auto Appraisals’ assigned value is lower than ICBC’s Average Canadian Black Book valuation, you’ll only be taxed on the higher of the two: BC Auto Appraisals’ assessment or the private Purchase Price of your vehicle.
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