mbhendrick
07-25-2010, 12:26 AM
Hi guys:
Maybe you can help me here.
I have a friend who owns a bodyshop in Alberta. They had a guy come in from the states who had an accident with his Chevy truck in Calgary. His truck was damaged and only had general liability car insurance. He didn't want to fix the car as he would have had to pay out of his pocket for the repair. He sold the car for a dollar to my friends, who then have now fixed it up. It does not have a repaired vehicle status as the car was never written off by insurance. Now they want to register the car in Canada legally to drive it and possibly sell it. What would they have to do to register it. My gut tells me they would have to pay GST on the purchase price to bring it into Canada, take it for an inspection and then register it, like any other import?
Does anyone have any ideas of what they would have to do to register it for the road? I was thinking about possibly buying this truck myself as a winter beater.
Maybe you can help me here.
I have a friend who owns a bodyshop in Alberta. They had a guy come in from the states who had an accident with his Chevy truck in Calgary. His truck was damaged and only had general liability car insurance. He didn't want to fix the car as he would have had to pay out of his pocket for the repair. He sold the car for a dollar to my friends, who then have now fixed it up. It does not have a repaired vehicle status as the car was never written off by insurance. Now they want to register the car in Canada legally to drive it and possibly sell it. What would they have to do to register it. My gut tells me they would have to pay GST on the purchase price to bring it into Canada, take it for an inspection and then register it, like any other import?
Does anyone have any ideas of what they would have to do to register it for the road? I was thinking about possibly buying this truck myself as a winter beater.