Buying A Car In Ontario -

The true cost of a car in Ontario extends well beyond the sticker price. Essential costs to factor into your budget include:

Ontario requires a minimum of $200,000 in third-party liability coverage. It is highly recommended to get insurance quotes before purchasing, as rates can vary significantly based on the car model and your driving history. buying a car in ontario

You must register the vehicle in your name within six days of purchase. Buying from a Dealership The true cost of a car in Ontario

You will typically pay 13% tax. At a dealership, this is Harmonized Sales Tax (HST); in a private sale, it is Retail Sales Tax (RST) paid at ServiceOntario during registration. this is Harmonized Sales Tax (HST)