Selling a Car
What should you know about selling a vehicle? CAA provides you with all the information you need when it comes to selling a vehicle.
CAA provides you with valuable information when it comes to selling a used vehicle. Consult the following information on your rights and responsibilities, and ensure you make a fair and economical transaction.
Used Vehicle Information Package Under Ontario law, private sellers of most motor vehicles must provide buyers with a Used Vehicle Information Package (UVIP). The UVIP costs $20 and is available from all Ministry of Transportation Driver and Vehicle Licence Issuing Offices.
This package contains:
Safety Standards Certificate and Emissions Test While it is not necessary to have a Safety Standards Certificate and Drive Clean Test report that shows that the vehicle has passed the emission test, it helps to speed up the selling process if these two documents are available.
Setting an asking price for your vehicle that is fair to you and prospective buyers requires some home work. Knowing what your vehicle is worth can help you sell your vehicle quickly and may prevent you from selling at a loss. You can contact CAA Consumer and Technical Services for a Red Book retail value.
Surveying local used vehicle dealers and watching the newspapers will give you an approximation of what you may ask for your vehicle. If you are selling a vehicle that is: modified, restored (professionally or otherwise), in "mint" condition, or a collector's item, we recommend that you consult a professional appraiser to get an accurate assessment of your vehicle.
Find out with the Canadian Black Book® for used car valuations.
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